Quotes and Quotas is a weekly digest of powerful phrases and facts that help explain Asia’s infrastructure push.
1: The number of high-speed rail projects that China has successfully completed abroad.
4: The number of continents on which China is actively engaged in discussions on high-speed rail agreements.
50: The number of countries that have expressed interest in cooperating with China on high-speed rail development.
2015: The year in which China out-competed Japan for the Jakarta-Bandung high-speed railway contract.
$110 billion: The amount Japanese Prime Minister Shinzo Abe committed to the “Partnership for Quality Infrastructure,” following the establishment of the Asian Infrastructure Investment Bank.
$200 billion: The amount Japanese Prime Minister Shinzo Abe pledged toward the “Expanded Partnership for Quality Infrastructure,” following the G7 Summit in 2016.
$8 trillion: The amount Southeast Asia must spend on infrastructure by 2020 to sustain current rates of economic development, according to the Asian Development Bank.
Source: High-Speed Railways and Sino-Japanese Rivalry in Southeast Asia by Agatha Kratz and Dr. Dragan Pavlicevic
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