China Takes Over Key Pakistan Port

India alarmed by string of Chinese ports
By Rob Quinn,  Newser Staff
Posted Feb 19, 2013 12:03 AM CST
China Takes Over Key Pakistan Port
A Pakistani soldier of Pakistan's paramilitary force is silhouetted at Gwadar port, 435 miles from Karachi.   (AP Photo/Shakil Adil, file)

China has taken over management of a major port in Pakistan in a move that gives it a potential naval base close to the Strait of Hormuz, reports Reuters. China paid most of the $248 million used to build the port of Gwadar on the Arabian Sea, aiming to slash the time it takes oil to reach China from the Middle East and Africa. The acquisition of the port has alarmed India, which fears it is being encircled by a string of Chinese-funded ports that also includes facilities in Bangladesh and Sri Lanka. (Read more China stories.)

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