Articles by Saibal Dasgupta

Indonesia sprung a surprise on Jan. 28, suspending a $5.5-billion high-speed-rail project that is being implemented by a Chinese company and financed by the China Development Bank.

Despite U.S. claims that it is unlikely that an actual hydrogen bomb was tested, much of global community is concerned. 

In recent years, China has been the go-to builder of Asia's high-speed-rail networks, but Japan is proving a competitive rival in the bidding for several of the region's high-profile projects.

Photo Courtesy Bauma China Excavators on display at the last Bauma China exhibition, held last November in Shanghai. The Chinese yuan tumbled 3.8% after Chinese officials announced they were devaluing their currency on August 12, and further drops are expected. But for Chinese exporters, including those dealing in construction equipment, these currency shifts may help them compete on price in the global market."It is true that a weaker currency could drive Chinese exports higher," concedes Benjamin Duyck, director of market intelligence at the Association of Equipment Manufacturers. Meanwhile, U.S. equipment exporters are struggling to raise exports at a time when

Related Links: Chinese Construction Industry Association Explains Silk Road Program Mr. Xi's Grand Silk Road Plan Leaves the Starting Gate As China is busy seeking converts for its Silk Road and Maritime Silk Road program to build a network of linked infrastructure across Asia and Europe, equipment majors Caterpillar Inc. and Terex Corp. say they are enthusiastic about the One Belt, One Road program, as China calls it."Caterpillar is confident the One Belt, One Road initiative will strengthen connectivity in the region and globally," Qihua Chen, Caterpillar vice president and its China chief, told ENR in an email. "Caterpillar is

Related Links: Chinese Construction Industry Association Explains Silk Road Program Mr. Xi's Grand Silk Road Plan Leaves the Starting Gate Chinese construction companies are expected soon to begin surveys and feasibility studies on a 5,300-km-long trans-oceanic railway project that will connect Brazil with Peru. The move, which was made possible during recent meetings between Brazilian leaders and visiting Chinese Premier Li Keqiang in May, is the latest example of China's efforts to extend its Silk Road program to Latin America.The project will be watched closely by environmentalists because it will likely have to pass through the Amazon forest. Environmentalists have