• Latest
  • Trending

“Gwadar Port’s benefits to China are very limited, but it will be a boon to Pakistan”

November 25, 2016
Lotus Tower to go Green and White on Prophet Muhammad’s birthday

Lotus Tower to go Green and White on Prophet Muhammad’s birthday

September 25, 2023
Whatsapp. Image credits - AARN GIRI / Unsplash

New features introduced in Whatsapp’s latest update

September 25, 2023
Canada rocks India-US relations

Canada rocks India-US relations

September 25, 2023
This dish on Mugaritz's tasting menu is called "Technique: beef contrasts."

This country has more of the world’s 50 best restaurants than any other

September 25, 2023
Case for diplomatically engaging the Taliban-led Afghanistan

Case for diplomatically engaging the Taliban-led Afghanistan

September 25, 2023
A Canadian newspaper’s plea to immigrants   

A Canadian newspaper’s plea to immigrants   

September 25, 2023
Envoy Moragoda inspects Pilgrims’ Rest House renovation in New Delhi

Envoy Moragoda inspects Pilgrims’ Rest House renovation in New Delhi

September 24, 2023
Disinformation campaigns strain India-Maldives relations in tense political climate

Disinformation campaigns strain India-Maldives relations in tense political climate

September 23, 2023
Curtain raiser for the Global Maritime India Summit held in Colombo

Curtain raiser for the Global Maritime India Summit held in Colombo

September 23, 2023
Colombo Port City

Port City to be launched in Dubai and Abu Dhabi on Sep. 26

September 23, 2023
There are no spy ships in Sri Lanka, says President Wickremesinghe

There are no spy ships in Sri Lanka, says President Wickremesinghe

September 23, 2023
Sanatana Dharma row | Supreme Court issues notice to T.N. government, Udhayanidhi Stalin

Sanatana Dharma row | Supreme Court issues notice to T.N. government, Udhayanidhi Stalin

September 23, 2023
  • About Us
  • Advertisements
  • Privacy Policy
  • Contact
Tuesday, September 26, 2023
No Result
View All Result
NewsIn.Asia
  • Home
  • Around South Asia
    • All
    • Afghanistan
    • Bangladesh
    • Bhutan
    • China
    • India
    • Maldives
    • Myanmar
    • Nepal
    • Pakistan
    • Sri Lanka
    Lotus Tower to go Green and White on Prophet Muhammad’s birthday

    Lotus Tower to go Green and White on Prophet Muhammad’s birthday

    Canada rocks India-US relations

    Canada rocks India-US relations

    Case for diplomatically engaging the Taliban-led Afghanistan

    Case for diplomatically engaging the Taliban-led Afghanistan

    A Canadian newspaper’s plea to immigrants   

    A Canadian newspaper’s plea to immigrants   

    Envoy Moragoda inspects Pilgrims’ Rest House renovation in New Delhi

    Envoy Moragoda inspects Pilgrims’ Rest House renovation in New Delhi

    Disinformation campaigns strain India-Maldives relations in tense political climate

    Disinformation campaigns strain India-Maldives relations in tense political climate

    Curtain raiser for the Global Maritime India Summit held in Colombo

    Curtain raiser for the Global Maritime India Summit held in Colombo

    Colombo Port City

    Port City to be launched in Dubai and Abu Dhabi on Sep. 26

    There are no spy ships in Sri Lanka, says President Wickremesinghe

    There are no spy ships in Sri Lanka, says President Wickremesinghe

  • World
    • All
    • Japan
    • Russia
    • United Kingdom
    • United States
    Whatsapp. Image credits - AARN GIRI / Unsplash

    New features introduced in Whatsapp’s latest update

    Canada rocks India-US relations

    Canada rocks India-US relations

    This dish on Mugaritz's tasting menu is called "Technique: beef contrasts."

    This country has more of the world’s 50 best restaurants than any other

    UN Special Rapporteur on Minority Issues has told the USCIRF about alarming erosion of minority rights in India

    UN Special Rapporteur on Minority Issues has told the USCIRF about alarming erosion of minority rights in India

    Google Maps

    Google sued for negligence after man drove off collapsed bridge while following map directions

    Fuel

    Russia temporarily bans fuel exports to most countries in response to shortages

    President Ranil Wickremesinghe engaged in a cordial meeting with President Joe Biden of the United States

    President Ranil meets with US President Joe Biden in New York

    US mediation alone can end India-Canada rift

    US mediation alone can end India-Canada rift

    India suspends visas for Canadian nationals

    India suspends visas for Canadian nationals

  • Business
  • Politics
  • Sports
  • Entertainment
    • All
    • Books
    • Gaming
    • Movie
    • Music
    • Series
    Jawan is releasing on 4000 screens internationally. It is the widest release for an SRK centric film (Credit: Red Chillies Entertainment)

    This actor is so huge his fans lined up at 4.30 a.m. to watch his new movie

    Instagram. Solen Feyissa @solenfeyissa / Unsplash

    New report reveals highest earners from Instagram posts

    Barbie

    Lebanon bans ‘Barbie’ movie

    How I came to love ‘Oppenheimer’ and still detest the bomb

    How I came to love ‘Oppenheimer’ and still detest the bomb

    Rajnikanth

    Back Offices in Chennai, Bengaluru declare holiday on August 10 for Rajnikanth’s ‘Jailer’ movie premiere

    Taylor Swift

    Taylor Swift Seattle concert generates seismic activity

    Actors Emily Blunt (L), Cillian Murphy (centre) and Florence Pugh (R) at the premiere of Oppenheimer. Image credits - Getty Images.

    Hollywood actors announce historic strike

    Hugh Jackman dons classic Wolverine suit in Deadpool

    Hugh Jackman dons classic Wolverine suit in Deadpool 3 first look

    David Corenswet and Rachel Brosnahan will star in the film, set to come out in 2025. Image credits - Getty Images

    Superman: Legacy finds its Superman and Lois Lane

  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    • Science
    • Travel
    This dish on Mugaritz's tasting menu is called "Technique: beef contrasts."

    This country has more of the world’s 50 best restaurants than any other

    The Upper House (Hong Kong): This beloved Hong Kong classic sits above Admiralty's Pacific Place and features 117 luxuriously-designed rooms. Courtesy Upper House Hong Kong

    World’s 50 best hotels for 2023 revealed

    Indian government’s decision to delay the census raises suspicions, says Lancet

    Indian government’s decision to delay the census raises suspicions, says Lancet

    This airline wants you to travel without clothes

    This airline wants you to travel without clothes

    Sleep. Image credits - Priscilla Du Preez @priscilladupreez / Unsplash

    Diabetes risk increased by 19% due to one common sleeping habit, study finds

    Barcelona. Image credits - Logan Armstrong loganstrongarms

    The best ‘workcation’ cities for remote and hybrid workers around the world

    Child. Image credits - Ippei Naoi | Getty

    Netherlands, home to the world’s happiest kids—6 things parents here never do

    The roots of Chandrayaan 3’s success   

    The roots of Chandrayaan 3’s success   

    Work

    Five of the best countries for expats in 2023

    Sugar. Image credits - Myriam Zilles myriamzilles / Unsplash

    How hunger can warp our minds

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • Tech
    Whatsapp. Image credits - AARN GIRI / Unsplash

    New features introduced in Whatsapp’s latest update

    iPhone 15 and iPhone 15 Plus feature a gorgeous new and durable design, the Dynamic Island, a powerful 48MP Main camera, and A16 Bionic.

    iOS 17 release: See what’s new in iPhone features

    How to erase everything that Google and Facebook know about you

    How to erase everything that Google and Facebook know about you

    Apple

    France orders Apple to halt iPhone 12 sales

    iPhone 15 and iPhone 15 Plus feature a gorgeous new and durable design, the Dynamic Island, a powerful 48MP Main camera, and A16 Bionic.

    Apple debuts iPhone 15 and iPhone 15 Plus

    Apple will host its iPhone 15 launch event called “Wanderlust” in California CREDIT: APPLE INC HANDOUT/EPA-EFE/Shutterstock

    iPhone 15 launch (Live)

    Trending Tags

    • Sillicon Valley
    • Climate Change
    • Election Results
    • Flat Earth
    • Golden Globes
    • MotoGP 2017
    • Mr. Robot
  • Coronavirus
  • Videos
  • Home
  • Around South Asia
    • All
    • Afghanistan
    • Bangladesh
    • Bhutan
    • China
    • India
    • Maldives
    • Myanmar
    • Nepal
    • Pakistan
    • Sri Lanka
    Lotus Tower to go Green and White on Prophet Muhammad’s birthday

    Lotus Tower to go Green and White on Prophet Muhammad’s birthday

    Canada rocks India-US relations

    Canada rocks India-US relations

    Case for diplomatically engaging the Taliban-led Afghanistan

    Case for diplomatically engaging the Taliban-led Afghanistan

    A Canadian newspaper’s plea to immigrants   

    A Canadian newspaper’s plea to immigrants   

    Envoy Moragoda inspects Pilgrims’ Rest House renovation in New Delhi

    Envoy Moragoda inspects Pilgrims’ Rest House renovation in New Delhi

    Disinformation campaigns strain India-Maldives relations in tense political climate

    Disinformation campaigns strain India-Maldives relations in tense political climate

    Curtain raiser for the Global Maritime India Summit held in Colombo

    Curtain raiser for the Global Maritime India Summit held in Colombo

    Colombo Port City

    Port City to be launched in Dubai and Abu Dhabi on Sep. 26

    There are no spy ships in Sri Lanka, says President Wickremesinghe

    There are no spy ships in Sri Lanka, says President Wickremesinghe

  • World
    • All
    • Japan
    • Russia
    • United Kingdom
    • United States
    Whatsapp. Image credits - AARN GIRI / Unsplash

    New features introduced in Whatsapp’s latest update

    Canada rocks India-US relations

    Canada rocks India-US relations

    This dish on Mugaritz's tasting menu is called "Technique: beef contrasts."

    This country has more of the world’s 50 best restaurants than any other

    UN Special Rapporteur on Minority Issues has told the USCIRF about alarming erosion of minority rights in India

    UN Special Rapporteur on Minority Issues has told the USCIRF about alarming erosion of minority rights in India

    Google Maps

    Google sued for negligence after man drove off collapsed bridge while following map directions

    Fuel

    Russia temporarily bans fuel exports to most countries in response to shortages

    President Ranil Wickremesinghe engaged in a cordial meeting with President Joe Biden of the United States

    President Ranil meets with US President Joe Biden in New York

    US mediation alone can end India-Canada rift

    US mediation alone can end India-Canada rift

    India suspends visas for Canadian nationals

    India suspends visas for Canadian nationals

  • Business
  • Politics
  • Sports
  • Entertainment
    • All
    • Books
    • Gaming
    • Movie
    • Music
    • Series
    Jawan is releasing on 4000 screens internationally. It is the widest release for an SRK centric film (Credit: Red Chillies Entertainment)

    This actor is so huge his fans lined up at 4.30 a.m. to watch his new movie

    Instagram. Solen Feyissa @solenfeyissa / Unsplash

    New report reveals highest earners from Instagram posts

    Barbie

    Lebanon bans ‘Barbie’ movie

    How I came to love ‘Oppenheimer’ and still detest the bomb

    How I came to love ‘Oppenheimer’ and still detest the bomb

    Rajnikanth

    Back Offices in Chennai, Bengaluru declare holiday on August 10 for Rajnikanth’s ‘Jailer’ movie premiere

    Taylor Swift

    Taylor Swift Seattle concert generates seismic activity

    Actors Emily Blunt (L), Cillian Murphy (centre) and Florence Pugh (R) at the premiere of Oppenheimer. Image credits - Getty Images.

    Hollywood actors announce historic strike

    Hugh Jackman dons classic Wolverine suit in Deadpool

    Hugh Jackman dons classic Wolverine suit in Deadpool 3 first look

    David Corenswet and Rachel Brosnahan will star in the film, set to come out in 2025. Image credits - Getty Images

    Superman: Legacy finds its Superman and Lois Lane

  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    • Science
    • Travel
    This dish on Mugaritz's tasting menu is called "Technique: beef contrasts."

    This country has more of the world’s 50 best restaurants than any other

    The Upper House (Hong Kong): This beloved Hong Kong classic sits above Admiralty's Pacific Place and features 117 luxuriously-designed rooms. Courtesy Upper House Hong Kong

    World’s 50 best hotels for 2023 revealed

    Indian government’s decision to delay the census raises suspicions, says Lancet

    Indian government’s decision to delay the census raises suspicions, says Lancet

    This airline wants you to travel without clothes

    This airline wants you to travel without clothes

    Sleep. Image credits - Priscilla Du Preez @priscilladupreez / Unsplash

    Diabetes risk increased by 19% due to one common sleeping habit, study finds

    Barcelona. Image credits - Logan Armstrong loganstrongarms

    The best ‘workcation’ cities for remote and hybrid workers around the world

    Child. Image credits - Ippei Naoi | Getty

    Netherlands, home to the world’s happiest kids—6 things parents here never do

    The roots of Chandrayaan 3’s success   

    The roots of Chandrayaan 3’s success   

    Work

    Five of the best countries for expats in 2023

    Sugar. Image credits - Myriam Zilles myriamzilles / Unsplash

    How hunger can warp our minds

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • Tech
    Whatsapp. Image credits - AARN GIRI / Unsplash

    New features introduced in Whatsapp’s latest update

    iPhone 15 and iPhone 15 Plus feature a gorgeous new and durable design, the Dynamic Island, a powerful 48MP Main camera, and A16 Bionic.

    iOS 17 release: See what’s new in iPhone features

    How to erase everything that Google and Facebook know about you

    How to erase everything that Google and Facebook know about you

    Apple

    France orders Apple to halt iPhone 12 sales

    iPhone 15 and iPhone 15 Plus feature a gorgeous new and durable design, the Dynamic Island, a powerful 48MP Main camera, and A16 Bionic.

    Apple debuts iPhone 15 and iPhone 15 Plus

    Apple will host its iPhone 15 launch event called “Wanderlust” in California CREDIT: APPLE INC HANDOUT/EPA-EFE/Shutterstock

    iPhone 15 launch (Live)

    Trending Tags

    • Sillicon Valley
    • Climate Change
    • Election Results
    • Flat Earth
    • Golden Globes
    • MotoGP 2017
    • Mr. Robot
  • Coronavirus
  • Videos
NewsIn.Asia
No Result
View All Result
Home Around South Asia China

“Gwadar Port’s benefits to China are very limited, but it will be a boon to Pakistan”

Editor by Editor
November 25, 2016
in China, Pakistan
Reading Time: 3 mins read
4 0
A A
Share on WhatsApp

Chinese writer Li Xuanmin writes in Global Times that the port is too small and with insufficient draft for China to benefit much, but it will provide tremendous development opportunities to Pakistan

 The benefits of Pakistani Gwadar Port to the Chinese economy may be limited, as the port’s capacity cannot satisfy China’s oil import demand and a proposed pipeline from Gwadar to western China would be both economically and geographically infeasible and would raise crude transport costs by as much as 16 times, experts said.

However, the port is a bonanza for Pakistan, experts said, noting that it will bring a string of opportunities for the country, including revitalizing its lackluster economy and attracting more foreign capital.

ADVERTISEMENT

Following the first trade cargo ships that departed from Gwadar on November 13, the National Business Daily (NBD) suggested China would benefit a lot from the port because of its strategic location. 

The port “is located on the Arabian Sea and occupies a strategic location,” Bloomberg reported, giving China access to the Persian Gulf region and the Middle East. 

This will allow China to transport oil and gas from the Gulf countries through a much shorter route instead of the existing arrangement through the Malacca Straits, the NBD said. 

However, based on the port’s size and current cargo throughput, benefits to China may be limited, experts noted. 

Gwadar’s inner port is currently dredged to 11.5 meters, a depth that is eclipsed by “major international ports, like the Shanghai Port, which generally have a water depth of 14 to 15 meters and are compatible with heavy loaded ships that carry hundreds of thousands of tons of goods,” Wu Minghua, a Shanghai-based independent shipping industry analyst, told the Global Times on Wednesday, noting that the vessels docked in the Gwadar Port are only able to carry cargo weighing less than 100,000 tons.

With an expected handling capacity of 1 million tons in 2017, it is better to describe the port as “medium-sized,” Wu noted. Traffic at large ports generally averages 600 million tons per year. 

Additionally, the port would not be able to handle China’s demand for petroleum imports. In 2015, the country’s total crude oil imports stood at 335.5 million tons, according to China’s General Administration of Customs, 310 times the handling capacity of Gwadar Port.

Against this backdrop, “Gwadar will not become China’s main trade hub with Persian Gulf countries, not to mention serve as an alternative route to the Malacca Straits,” Wu said. 

Oil Pipeline

In addition to the port, China also plans to build pipelines from Gwadar to Kashi, Northwest China’s Xinjiang Uyghur Autonomous Region, for the export of crude, the Nation reported. The proposed construction hasn’t started yet, and “will not likely take place” due to the high cost and complicated geographic conditions, Mei Xinyu, a research fellow at the Chinese Academy of International Trade and Economic Cooperation under the Ministry of Commerce said.

Such pipelines would need to climb the Karakorum mountain range with an altitude of 5,000 to 6,000 meters, where temperature fall as low as -30 C and earthquakes also happen frequently, Mei said, noting “the pipelines need extra heating and insulating equipment as well as high-power pumping stations.” 

But those expenses will drive up the cost. Mei estimates that the cost of delivering oil through the Gwadar-Kashi pipeline is about 16.6 times more than shipping from Saudi Arabia to a port in Ningbo, East China’s Zhejiang Province. 

“For the same amount of investment, it’s more economically viable to build very large crude carriers than oil pipelines,” Mei said. 

Benefits to Pakistan

As the south terminal of the China-Pakistan Economic Corridor, a $46 billion mega cooperation project between the two countries, the Gwadar Port is likely to bring significant development opportunities for Pakistan by feeding its energy-starved economy and becoming, what the former Pakistani Prime Minister Shaukat Aziz called, a “game changer” for the country, experts said.  

“The port is a boon for the country, helping it to embark on a Shenzhen-liked development model,” Mei said.

Balochistan Province where the port is located, is one of the most isolated and underprivileged regions in the country. As soon as the port goes into use, it will open a new route to Northeast Asian countries like Japan, South Korea and Russia, and gradually evolve to become an international transit point, Wu said.

The Chinese government has also pledged to build support infrastructure for the port, including roads and highways, a move which experts forecast will open up the country more, attract foreign investment, increase tax revenues and offer job opportunities in the long term.

END

Related Posts

Case for diplomatically engaging the Taliban-led Afghanistan
Afghanistan

Case for diplomatically engaging the Taliban-led Afghanistan

September 25, 2023
There are no spy ships in Sri Lanka, says President Wickremesinghe
China

There are no spy ships in Sri Lanka, says President Wickremesinghe

September 23, 2023
Indian rupees
Around South Asia

India’s quiet rise as Asia’s other demographic giant

September 19, 2023
Veteran Pakistani umpire rubbishes fixing claims, reminds fans of India’s batting collapse against Sri Lanka
Around South Asia

Veteran Pakistani umpire rubbishes fixing claims, reminds fans of India’s batting collapse against Sri Lanka

September 19, 2023
Asia Cup 2023: Tickets for Asia Cup final now on sale
Around South Asia

Asia Cup 2023: Tickets for Asia Cup final now on sale

September 15, 2023
Asia Cup in Kandy : Sri Lanka asks homes to register as hotels fully booked
Around South Asia

Sri Lanka beat World No 1 Pakistan to qualify for Asia Cup final

September 15, 2023
  • Electricity

    Power cut schedule for today in Sri Lanka: Uninterrupted power supply

    60408 shares
    Share 24185 Tweet 15093
  • Registration open for National Fuel Pass

    6647 shares
    Share 2696 Tweet 1646
  • Foreign Currency Official Exchange Rates from Central Bank of Sri Lanka

    2096 shares
    Share 845 Tweet 521
  • 12 hour water cut in areas of Colombo

    815 shares
    Share 348 Tweet 195
  • WATCH : Yohani’s first live performance in India

    791 shares
    Share 329 Tweet 193
  • About Us
  • Advertisements
  • Privacy Policy
  • Contact

© 2022 All rights reserved.

No Result
View All Result
  • Home
  • Around South Asia
    • Afghanistan
    • Bangladesh
    • Bhutan
    • China
    • India
    • Maldives
    • Myanmar
    • Nepal
    • Pakistan
    • Sri Lanka
  • Around The World
  • Breaking News
  • Business
    • Exchange
  • Climate Change
  • Governance
    • Crime
    • Diplomacy
    • Defense
    • Human Rights
    • Politics
    • Strategic Affairs
  • Lifestyle
    • Books
    • Entertainment
      • Arts
      • Cinema
      • Gaming
      • Music
      • Movie
      • Series
      • TV
    • Health
    • Fashion
    • Food
    • Travel
  • Culture
    • Ethnicity
    • Gender
  • Development news
  • Economy
  • Education
  • Environment
  • Coronavirus
  • History
  • National
  • Offbeat
    • Media
    • Music and arts across South Asia
  • Recommended
    • Headlines
    • Highlights
    • Top Picture
    • Top Story
  • Religion
  • Science
  • Sports
    • Football
    • Cricket
      • LPL
      • IPL
    • Tennis
    • Formula 1
    • NBA
  • Tech
    • Instagram
  • United Nations
  • Weather
  • World
    • Japan
    • Russia
    • United States
  • Videos

© 2022 All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

eskisehir escort -

https://www.vudols.com/

- mersin escort - Antalya korsan taksi -
ip booter
-
deneme bonusu
- deneme bonusu veren siteler - Kiralık bahis sitesi