Apple Magazine - USA - Issue 408 (2019-08-23)

(Antfer) #1

Ansteel built the Bayuquan base to sell to
Southeast Asia, Japan and South Korea,
according to Wang.


Many host governments want more building
materials to come from local suppliers, but
Belt and Road still is an export opportunity for
Chinese suppliers of high-speed rail, power plant
and other technology.


Dalian Huarui Heavy Industry supplied
equipment for the $3.3 billion Hassyan coal-fired
power station in Dubai, United Arab Emirates.


Huarui has contracts in 15 Belt and Road countries,
including Bangladesh and Pakistan, said its vice
president, Wei Xufeng. Wei said those account for
60% of its exports and 20% of total revenue.


Local leaders are promoting Dalian in Liaoning, the
northeast’s busiest port, as a Belt and Road hub
to connect shippers with East Asia and Europe.


Plans call for opening six railway routes and
more than 100 sea routes, according to Xia Ting,
manager of Dalian Container Development of
Liaoning Port Group.


Trains on one of six routes that link Dalian with
Russia carry Samsung electronic products and
components made by other washing machine
and television manufacturers. In 2017, the line
carried a total of 4,500 containers of goods
worth $270 million.


“In the future, we aim to sell more with high
added value,” said Xia. “We think these are
suitable for China-Europe cargo trains.”


The port can move Japanese and South Korean
autos to Kazakhstan or other Central Asian
countries by train, said Ding Hao, manager of
Dalian Car Wharf.

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