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China goes big in Pakistan... - China, in an effort to counter India, build additional shipping points and expand trade, has just arranged for a $46 billion investment in pipelines from one end of Pakistan to the coastal city of Gwadar. - India is not happy and we suspect al-Qaeda and ISIS in the northern region are not happy about this, either. - Will China build a naval port, too? We believe so. Deutsche Bank Francis J. Kelly Global Public Affairs francis.j.kelly@db.com $46 billion big... | — Gwadar-Kashgar route i ADMINISTERED KASHMIR +——* Where the bad guys. al Islamabad AFGHANISTAN PAKISTAN BALOCHISTAN Arabian Sea . #@ —o #Karachi Kashgar XINJIANG INDIAN ADMINISTERED KASHMIR 23 HOUSE_OVERSIGHT_026817