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Showing posts from January 11, 2017

CPEC is not a holy cow

ANI
Dr.Choudharyhttp://www.sify.com/news/cpec-is-not-a-holy-cow-news-international-qmpofBbjfddeb.htmlPakistan faces many serious problems; and among them is the status and invulnerability of holy cows, and people who are above the Pakistani laws. Bitter fact is growth in number of holy cows, accumulation of wealth and power they possess. CPEC is not a living being, yet it has also gained the status of being a holy cow; and people are warned of serious consequences if they dare to oppose or criticise this new holy cow. I know some people who are accused of being 'anti Pakistan' and 'agent' of foreign powers because they dared to criticise holy cows; and some are facing sedition charges for attacking CPEC and demanding a share in benefits. I am also among those 'bad guys' who are perceived as 'disrespectful' and critics of this holy cow; and who demand a fair share in the benefits because it runs without permission through our land, Gilgit Baltistan which…

China’s Pakistan project: A geopolitical game-changer

http://www.dailymirror.lk/article/China-s-Pakistan-project-a-geopolitical-game-changer-122069.html2017-01-12 00:00:38

China’s One Belt One Road (OBOR) initiative is carving out new pathways across the Eurasian continent, signifying Beijing’s ambitions to remake the world around it.  This project, if implemented, will fundamentally change China’s role and relationships in South Asia, perhaps in some ways that are not intended.
In the Indian Ocean region, OBOR has two aspects. One is the Maritime Silk Road, a series of linked port projects aimed at facilitating trade and new production chains linked with China by sea. The other is a series of planned north–south pathways from China to the Indian Ocean, including the China–Pakistan Economic Corridor (CPEC) and the Bangladesh–China–India–Myanmar Economic Corridor. These projects come with huge price tags and would involve the construction of roads, railways, pipelines and other major infrastructure in corridors stretching for hundreds and e…

Red alert - Chinese ships in our backyard

http://www.deccanchronicle.com/opinion/columnists/161216/periscope-red-alert-chinese-ships-in-our-backyard.html

PublishedDec 16, 2016, 12:35 am ISTUpdatedDec 16, 2016, 6:41 am ISTChina has made quick strategic moves to encircle India while advancing its growing interests. China has built and militarised seven artificial islands in the disputed South China Sea. (Photo: Representational Image/AFP)Whilst most Indians have been focused on India’s attempt to leapfrog into the digital and cashless economy, some equally important news, which may have dangerous strategic implications for India, have been sidelined. China has made quick strategic moves to encircle India while advancing its growing interests. The Chinese Navy has been deployed in prolonged anti-piracy operations off Somalia since 2008. It has added conventional and nuclear submarines for such deployments though submarines have no role to play in anti-piracy operations. China has built and militarised seven artificial islands in …

21.5 percent funds released for CPEC-related projects

http://www.brecorder.com/market-data/stocks-a-bonds/0/121916/
January 10, 2017NAVEED BUTT

The federal government released 21.5 percent (Rs 28 billion) by January 6 for projects related to the China-Pakistan Economic Corridor, against the budgeted allocation of Rs 130 billion for 2016-17. CPEC consists of 38 development projects of various sectors, including the Aviation Division, the National Highway Authority (NHA), the Finance Division, the Information Technology and Telecom Division, the Interior Division, the Planning Development and Reforms Division, the Port and Shipping Division, the Railway Division and the Water and Power Division (Power Sector).For the 14 NHA projects, the government released Rs 26.87 billion until January 6, out of the budgeted Rs 117.8 billion. For two projects of Finance Division, Rs 40 million have been released out of the budgeted allocation of Rs 600 million. Rs 72 million have been released for two projects of the Information Technology and Telecom Divi…

South African investors demand 100 acres of land in Gwadar for Industrial zone under CPEC

http://dailytimes.com.pk/business/05-Jan-17/south-african-investors-demand-100-acres-of-land-in-gwadar-for-industrial-zone-under-cpec



Khurshid AhmedKARACHI: Investors of South Africa have expressed their interest to invest in the projects of China Pakistan Economic Corridor CPEC and demanded around 100 acres of land in Gwadar for establishment of industrial zone.Visiting Chairman of Pakistan South Africa Business Forum PSABF, Muhammad Rafiq Memon while talking to Daily Times informed that business community of his country, South Africa, was closely monitoring the investment developments taking place in the CPEC projects and they were keen to be taken onboard. " South African businessmen are expert in manufacturing sector and wnat to set up high tech industrial zones in Gwadar", Memon said.South Africa is gateway to some 63 countries of African continent which can be utilized to enhance Pakistan's exports. Pakistani community can play role of bridge between Pakistani busin…

CPEÇ : Fishermen vulnerable in Gwadar

http://wap.business-standard.com/article/news-ani/pak-rights-body-says-gwadar-s-fishermen-have-deep-reservations-about-cpec-117011200118_1.html

Home«BackPak rights body says Gwadar's fishermen have deep reservations about CPECANI | Islamabad [Pakistan] Jan 12, 2017 06:41 AM IST
The Human Rights Commission of Pakistan (HRCP) has called on the government of Prime Minister Nawaz Sharif to protect the interests of the fishermen of Gwadar Port, most of whom have reservations about the over 50 billion dollar China Pakistan Economic Corridor (CPEC) project.Highlighting this concern of the fishermen, HRCP secretary general I.A. Rehman said that the federal government in Islamabad and the provincial government in Balochistan need to treat this matter with some urgency, given that the province and its inhabitants are already victims of sectarianism, corruption and subjected to all kinds of inhuman behavior.He said that the residents of Gwadar were already wrestling with issues such as non-ava…

Balochistan demands uninterrupted power supply

http://www.dawn.com/news/1307883/balochistan-pa-demands-uninterrupted-gas-supply-cut-in-priceBalochistan PA demands uninterrupted gas supply, cut in priceSALEEM SHAHIDQUETTA: The Baloch­istan Assembly has strongly criticised the Sui Southern Gas Company (SSGC) for unscheduled loadshedding and suspension of supply in Quetta and other areas of the province and demanded a reduction in gas price for domestic consumers.A joint resolution moved on behalf of treasury and opposition members by Nasarullah Zerey, Agha Liaquat and Majeed Achakzai of the Pakh­tunkhwa Milli Awami Party asked the federal government to restore the slab system for billing which had been withdrawn by the SSGC without any announcement.The resolution urged the federal government to take notice of suspension of gas supply in chilly weather and provide gas to the people of Balochistan without any disruption.Speaking on the resolution, Nasarullah Zerey, Liaquat Agha, Majeed Khan Achakzai, Manzoor Ahmed Kakar, Abdul Rahim Z…

China to UK frieght

https://sputniknews.com/business/201701111049487110-china-uk-rail-route-benefits-russia/
Last week, Chinese media reported that the first freight train traveling directly from coastal China to the UK had begun its journey across Eurasia. Commenting on the benefits of the new route, for China, Europe and Russia, analysts explained that it was another clear sign that fundamentally new global economic processes are at work. Last week, Xinhua confirmed that the first freight train making its way from coastal China to London had departed from the Yiwu Railway Station in Central China's Zhejiang province. The 11,930 km route, passing through China, Kazakhstan, Russia, Belarus, Poland, Germany, Belgium and France, will take 18 days, with the train set to arrive at the Barking Rail Freight Terminal in East London later this month. The train will take the Channel Tunnel between France and the UK. © PHOTO: PIXABAY East Meets West With New China-UK Rail Freight Route The train, filled with c…

Use of divisible pool for CPEC Security unconstitutional: Sindh CM

http://tribune.com.pk/story/1291909/use-divisible-pool-cpec-unconstitutional-sindh-cm/


By Our CorrespondentPublished: January 11, 2017

KARACHISindh Chief Minister Syed Murad Ali Shah has said that the proposal of allocating 7% of funds from the federal divisible pool for security arrangements for CPEC-related projects and for the development of Fata and other areas is unconstitutional.“It will set a wrong precedent, therefore, all the provinces should oppose the proposal collectively,” he said while discussing the National Finance Commission (NFC) award with Punjab Finance Minister Dr Ayesha Ghaus Pasha at the Chief Minister’s House on Wednesday.Need to capitalise on CPEC-related infrastructure, investments
The federal government has recommended allocation of 3% of the divisible pool of taxes for the China-Pakistan Economic Corridor (CPEC)-related security force and 4% for the development of Federally Administered Tribal Areas (Fata), Gilgit-Baltistan and Kashmir. The centre has sough…

Kolkata Cleric Threatens to Slit Tarek Fatah’s Throat on a TV Show

https://www.thequint.com/india/2017/01/09/kolkata-cleric-syed-mohammad-nurur-rahman-barkati-threatens-to-slit-tarek-fatahs-throat-on-a-tv-show-pm-modi-fatwa
IANSYesterday, 1:04 am
Two days after issuing a 'fatwa' against Prime Minister Narendra Modi, a Kolkata cleric on Monday threatened to slit the throat of Pakistan-born author and political commentator Tarek Fatah, with whom he appeared on a television programme.“Your throat will also be slit,” Syed Mohammad Nurur Rahman Barkati, the Shahi Imam of Kolkata’s Tipu Sultan Mosque, told Fatah while responding angrily to the latter’s statement that India has come a long way from the medieval practices when people’s throats were slit.

Both Barkati and Fatah were part of a discussion programme on a private news channel where the cleric viciously attacked Prime Minister Narendra Modi, accusing him of spreading communalism and ruining the life of common people through the demonetisation move.He verbally attacked Fatah, who opposed the …

This Is The Real Impact That The New China-UK Rail Line Will Have

http://www.forbes.com/sites/wadeshepard/2017/01/06/the-story-behind-the-new-china-to-uk-train/#6c3a5eb64349
 6, 2017 @ 02:25 PM6,084 VIEWS
Wade Shepard ,   CONTRIBUTORI travel to emerging markets around Asia and report on what I find.  A 200-container block train pulled out from the West Railway Station of Yiwu, in China’s coastal Zhejiang province, on Monday, January 2nd. Its destination was not nearby Shanghai, Beijing, or even the booming city of Chengdu in the west, but Barking — as in the London borough. This train, laden with clothes, bags, and household items, will make the 12,000 kilometer journey in 16 days, and symbolically usher in a new stage in China-UK trade relations.This new rail route, which will traverse Kazakhstan, a part of Russia, Belarus, and the EU before entering the UK via the Channel Tunnel, is part of a rapidly growing network that now consists of 39 rail lines, which directly connect 16 cities in China with 15 cities in Europe.London becomes the 15th European…

China’s new Silk Road is getting muddy

http://www.hellenicshippingnews.com/chinas-new-silk-road-is-getting-muddy/

With the future of U.S.-China relations an open question for the incoming Donald Trump administration, many have focused on whether the president-elect’s promise to withdraw from negotiations over the Trans-Pacific Partnership (TPP) will enhance Beijing’s growing influence in East Asia. But rather than hand-wringing over TPP’s ignominious failure, Asia watchers should turn their attention to China’s unprecedented $1 trillion strategic gambit: the Silk Road Economic Belt and the 21st-Century Maritime Silk Road, aka “One Belt, One Road” (OBOR). Launched in 2013 as President Xi Jinping’s signature initiative, OBOR holds great promise, as well as potential pitfalls, for both China and its neighbors.OBOR is a game-changing plan to bring about the next stage of globalization, a Sinocentric vision that harks back to the ancient Silk Roads — but this time on Beijing’s terms. The goal is to create a new economic “belt” o…

Swabi industrial zone to be included in CPEC

http://tribune.com.pk/story/1291053/swabi-industrial-zone-included-cpec/

By Our CorrespondentPublished: January 11, 201SWABIThe Chinese authorities have assured the Khyber-Pakhtunkhwa (K-P) government to include industrial zone at the Karnal Sher Khan interchange in Swabi in the multi-billion dollar China-Pakistan Economic Corridor (CPEC).“This assurance has been given to the K-P Chief Minister Pervez Khattak during his successful tour to China,” said the K-P Assembly speaker Asad Qaiser on Tuesday. He was inaugurating a newly built multi-purpose sport complex, academic blocks and cafeteria at the Swabi University.“Swabi’s newly constructed industrial zone will help build economic activities in the region and create new employment opportunities in the district,” he said, adding that the CPEC will bring revolution in trade and commerce in the whole sub-continent and Central Asia.He said the K-P government wanted development and prosperity in the K-P and would welcome every move in thi…

What’s wrong with CPEC

The economic corridor must be discussed on the basis of economics first, then on political and social grounds January 10, 2017, 11:50 pm   Profit and loss is an imperative part of all economic activities. It is not only the phenomenon of private investment but also the government sector, which according to modern and classical economics are the most vulnerable sectors of the economy owing to the lack of profit motive that would provide the incentive to allocate resources efficiently. When a private entity is experiencing a loss, it has two options: either to file for bankruptcy, or restructure itself so that efficient allocation of resources may become possible. In the case of a public sector, bankruptcy or independent restructuring is a very difficult process. If government economic planning is restricted only to its economic boundaries, then the probability of its damaging effect might be minimized. But the irony is that it is not possible, because every economic initiative of a…