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What’s in China’s Military Exercise with Malaysia and Thailand?

A Chinese vessel at the ASEAN Regional Forum (ARF) Disaster Relief Exercise (DiREx) 2015 conducted in Penang, Northern Malaysia in 2015, with participation from China, Malaysia, Thailand and India.Image Credit: Wikimedia Commons

A closer look at the wider significance of a recently announced development.By Prashanth ParameswaranOctober 17, 2018This week, China’s defense ministry confirmed that Beijing was set to hold military drills with Malaysia and Thailand. The development spotlights China’s efforts to boost security ties with the two Southeast Asian states as part of their wider relationships even amid lingering concerns about aspects of Beijing’s behavior in the region.Over the past few years, we have seen China strengthen defense ties with a number of key Asian states as part of their overall relationships across several realms including exercises. Indeed, one of the examples of this will be in full view again next week with the holding of the second phase of the ASEAN-China Mari…
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China, Netherlands Call for Free Trade

Li Keqiang and Mark RutteBY MAREX 2018-10-16 19:35:21China and the Netherlands appealed for global efforts to promote free trade and safeguard multilateralism on Monday.In a joint press conference with Dutch Prime Minister Mark Rutte in The Hague, visiting Chinese Premier Li Keqiang said that the two countries will work together with all sides to boost free trade and further improve the multilateral trading system against the backdrop of growing uncertainties."Free trade is not a rejection of fair trade," Li said. "Without free trade, there is no fair trade; while without fair trade, free trade will not gain sustainable development."The two nations pledged to jointly safeguard multilateralism and free trade to send positive signals to the world that China, the Netherlands as well as Europe are maintaining a rules-based international order and are committed to the facilitation and liberalization of trade and investment, Li said.Li and Rutte said they did not specifi…

$7-billion dev’t fund for China’s Belt and Road Initiative announced

ASEAN top in priority
Published October 16, 2018, 10:00 PMBy Bernie Cahiles-MagkilatZHANJIAJIE, CHINA — ASEAN countries, particularly the Philippines, have been targetted as major beneficiaries of the initial $7.2-billion Silk Road Development Fund of the Belt and Road Initiative (BRI), an ambitious investment-led trade link that China aims to reestablish the old trade route connecting Asia, Africa, Middle East and Europe.Lu JianzhongLu Jianzhong, Chairman of Silk Road Chamber of International Commerce, is set to announce today the establishment of the Silkroad Development Fund at the opening of the two-day 2018 Silk Road Business Summit here.“This fund will serve different Silk Road international chambers all over the world,” said Lu, noting there are now 129 international chambers in 77 countries.In an interview prior to the opening of the summit, Lu told Filipino journalists that the fund has a seed capital of 50 billion RMB, approximately $7.2 billion, to be implemented over the ne…

China wants to deepen economic ties in 16 European nations

Serbian President Aleksandar Vucic, right, and Chinese Transport Minister Li Xiaopeng attend a meeting of China and 16 countries of central and eastern Europe in Belgrade, Serbia, Tuesday, Oct. 16, 2018. The gathering focusing on transport is part of China's "New Silk Road" initiative to increase global influence through economic links and investment. (AP Photo/Darko Vojinovic). (Darko Vojinovic)October 16, 2018 at 7:16 AM EST - Updated October 16 at 9:42 AMBELGRADE, Serbia (AP) — China wants to boost its cooperation with central and eastern Europe, a Chinese government minister on Tuesday told officials from the region where China already finances projects as part of its bid for more global influence.Transport Minister Li Xiaopeng told officials from 16 European countries at a meeting in Serbia that improving economic and other relations is based on "complementary advantage" for both China and region."The current international situation is pretty complex,…

Belt and Road Initiative to benefit all

By Zhou Li | China Daily | Updated: 2018-10-17 07:59Photo: VCGOver the past four decades since reform and opening-up was launched, China has made brilliant achievements in both economic construction and opening-up; its social productivity and comprehensive national strength have risen significantly, and its status and influence in regional and world affairs have increased remarkably.All these achievements are based on its long-cherished philosophy of peaceful development. China has a profound historical and cultural foundation for its path of peaceful development. Adhering to peaceful development and opening-up for mutually beneficial and win-win cooperation has been written into China's Constitution and an established national development principle.Since the founding of new China, especially since the introduction of reform and opening-up, Chinese leaders have solemnly declared on many occasions that China will never seek hegemony no matter how developed it becomes. China has nev…

Pak Commissions Karachi's Biggest Ever Warship, Says 'Maritime Activity to Increase With CPEC'

The ship, named PNS Moawin, can provide overseas support during any humanitarian assistance and disaster relief.PTIUpdated: October 16, 2018, 10:15 PM ISTRepresentative image (Reuters)


Karachi: Pakistan Navy on Tuesday commissioned an indigenously built 17,000-tonne fleet tanker - the biggest warship ever constructed at Karachi Shipyard - to its fleet, strengthening the country's maritime defence.The ship named PNS Moawin was commissioned at the Pakistan Navy Dockyard during a ceremony attended by President Arif Alvi, Sindh Chief Minister Murad Ali Shah and Naval Chief Admiral Zafar Mahmood Abbasi, Dawn newspaper reported.
The ship is "capable of performing a variety of maritime operations including the provision of logistic support to other ships at sea by transferring fuel and other important military cargo," the paper said, quoting a statement issued by the navy's media wing.
"PNS Moawin can transport two helicopters," it said, adding that the ship can also…

Opinion | Pakistan’s IMF bailout is fighting against history

Imran Khan’s government will have to deal with deep-rooted structural problems in the country’s economyLast Published: Wed, Oct 17 2018. 04 38 AM ISTLivemintIllustration: Jayachandran/MintLast week, Pakistani Prime Minister Imran Khan inaugurated the New Pakistan Housing Project that aims to build five million houses. The next day, after weeks of dithering, his government began the formal process of approaching the International Monetary Fund (IMF) for a bailout. The public housing programme represents a down payment on the promise of fiscal largesse that ran through Khan’s electoral campaign. It was an ill-considered promise that seems more so now in the cold light of the IMF’s inevitable preconditions.Back in 2016 when Pakistan completed its last IMF programme, it held over $18 billion in forex reserves. Those reserves have now halved to a level barely sufficient to cover two months’ imports. A $15 billion current account deficit (CAD) then is likely to grow to $20 billion this fisc…

Thanks to CPEC, Gwadar real estate business on the rise

ListenISLAMABAD: The real estate business in Gwadar is attracting investors from across the country as the city is being considered a business hub in near future soon after the completion of China-Pakistan Economic corridor (CPEC).The Gwadar Port City is the next best destination for investment in real estate as a huge area of privately-owned land is being utilized for housing societies in the city.Deputy Director Gwadar Development Authority (GDA), Changez Baloch told APP that real estate prices had been increased manifold during last few months.He said that business situation in Gwadar is getting change from past, adding; many people are taking interest to invest in the city as their investment is giving good return due to sharp increase of the value of land.He said the NOCs of all the investors who were violating the rules and regulations of GDA would be canceled, and they would not be able to start development work within the government-stipulated time frame.He said the GDA was co…

China vows to fight Indo-US propaganda against CPEC

| Says more Corridor projects planned

Salim BokhariOctober 17, 2018
BEIJING - The Chinese government as well as the Communist Party have taken a serious note of the negative propaganda unleashed by the Western and Indian media against the prospects of Pakistan-China Economic Corridor (CPEC). This reflected the nefarious designs of the American and Indian leadership.READ MORE: NAB team to meet FATF Asia-Pacific Group todayThis was stated here on Tuesday by Deputy Secretary General of the Communist Party and Director of State Council Information Ms Xi Yanchun while talking to a group of senior Pakistani editors and television anchors visiting China on an invitation of an organisation ‘Understanding China Better’. The delegation is headed by Dr Zaffaruddin Mahmood, a retired diplomat who spent two-third of his life in China.Ms Xi Yanchun said: “We are fully aware of moves to create misgivings about CPEC with an objective to create serious doubts in the minds of Chinese and Pakistani people…

Hunger strike camps completed for 3362 days for missing persons

16/10/2018
QUETTA:-
The historical chain of struggle against oppressors and the ruling regime continues - Mama Qadeer BalochThe hunger strike set up in Quetta Press Club was completed 3362 days for the recovery of missing persons by Voice for Baloch Massing Persons. Political and social activists from Mastung Dil Murad Baloch and Deedag Baloch visited the camp to solidify the people of missing persons and martyrs with their companions.Talking to the delegation, Voice of Baloch-based Persons's Vice-President, Mama Qadeer Baloch, said that human history has been full of a tremendous struggle for the great martyr, who for the sake of achieving national movement, peace and social justice to speed up the evolution process. Presented their views against oppression and thousands of Baloch are present in the tourture cells today. the historical chain of struggle against oppression and the struggle against the ruler continues.He said that the seventh-years history of pakistan, Pakistan is t…