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Showing posts from May 26, 2017

Rethinking the Next China

http://www.financialexpress.com/economy/rethinking-the-next-china/688177/By: Stephen S Roach | New Delhi | Published: May 27, 2017 3:54 AMConsiderable attention is devoted to the risks and opportunities of this rebalancing—and to the related consequences for sustainable Chinese development and the broader global economy.(PTI)For the past seven years, I have taught a popular class at Yale, called “The Next China.” From the start, the focus has been on the transitional imperatives of the modern Chinese economy—namely, the shift from a long-successful producer model to one driven increasingly by household consumption. Considerable attention is devoted to the risks and opportunities of this rebalancing—and to the related consequences for sustainable Chinese development and the broader global economy.While many of the key building blocks of China’s transitional framework have fallen into place—especially rapid growth in services and accelerated urbanisation—there can be no mistaking a new …

India’s concerns over China’s One Belt, One Road Initiative

http://m.jagranjosh.com/current-affairs/indias-concerns-over-chinas-one-belt-one-road-initiative-1495782464-1


May 26, 2017 12:37 ISTSHRAVANNUNEThe First One Belt, One Road (OBOR) Summit concluded on 15 May 2017 in Beijing, China. The Summit, showcased China’s plans to build a network of trade routes under the One Belt, One Road initiative to the representatives of 57 participating countries.As a founding-member of the Asian Infrastructure Investment Bank (AIIB), which is a financial arm of the OBOR, India is supposed to participate in the summit. However, it has boycotted the summit by raising three concerns, which are related to sovereignty, procedures and leadership.While boycotting the OBOR, India said, "No country can accept a project that ignores its core concerns on sovereignty and territorial integrity".Against this backdrop, it is pertinent to understand the features of One Belt One Road initiative, its scope and benefits and reasons behind India’s concerns over OBOR.

New Silk Road: China’s global ambition

http://www.thehansindia.com/posts/index/Young-Hans/2017-05-26/New-Silk-Road-Chinas-global-ambition/302600


THE HANS INDIA |    May 26,2017 , 10:32 PM IST China is trying to assume leadership of globalization by taking big initiatives involving many countries in different continents on huge never heard of expenditure. Whereby, Chinese President Xi Jinxing has emerged as the champion of global free trade in his keynote address at the first Belt and Road Forum (BRF) for International Cooperation held in Beijing recently.  
The Forum was attended by 29 leaders and over 100 delegations worldwide where India’s absence made global news.Among the participants were UN Secretary General, IMF Chief, World Bank President signifying the international importance of the event. The US too seemed to be impressed by this extraordinary initiative by China and is watching its progress.
Notably, the BRF represents the New Silk Route connecting Far Eastern and West European countries through land, sea, air and…

New Silk Road: China Takes A 49% Cut Of Khorgos Gateway, A Major Overland Silk Road Port

https://www.forbes.com/sites/wadeshepard/2017/05/26/new-silk-road-china-takes-a-49-cut-of-khorgos-gateway-a-major-overland-silk-road-port/#638315c31373

C
Wade Shepard ,   CONTRIBUTORI travel to emerging markets around Asia and report on what I find.  
COSCO and Lianyungang port signed a deal for 49% of the Khorgos Gateway dry port in Kazakhstan.It’s now official: China’s COSCO Shipping and the Port of Lianyungang have signed on to take a 49% cut of Kazakhstan’s epic Khorgos Gateway dry port. The deal was signed at the Belt and Road summit in Beijing on May 15 for an undisclosed amount.Khorgos Gateway sits within the broader Khorgos Eastern Gate SEZ — a massive 600-hectare development area that is strategically positioned in Kazakhstan right on the border with China. Not long ago, the place was about as remote as it gets — being just a tick or two from the Eurasian Pole of Inaccessibility, the farthest point on earth from an ocean.🔴So why would the world’s largest marine logistics operat…

Tightening the global belt

http://m.thehindubusinessline.com/blink/know/chinas-ambitious-belt-and-road-initiative/article9712550.ece

Updated: May 26, 2017 11:15 IST | Sukumar Muralidharan

Abridge too far: The ‘Golden Bridge on Silk Road’ an installation art that was set up in Beijing ahead of the Belt and Road Forum in mid-May. China is promoting its multibillion-dollar infrastructure project as the new “golden age of globalisation” | ReutersChina’s ambitious Belt and Road Initiative signals a new era of imperial ambitionCenturies of history are invoked in China’s “Belt and Road Initiative” (BRI) — by any measure an audacious effort at creating a new strategic architecture in the Eurasian land mass. Official China has referred back to its age of imperial glory, when the Silk Route to Europe was an artery of flourishing trade. Those of less rosy outlook have flagged the planned Chinese ingress into some of the most sensitive parts of the “World Island” as a serious threat. The eagerness with which some of China’s …

NHA working on Rs700bn CPEC projects in three alignments

Business Recorder, pakistan SHOAIB UR REHMAN SIDDIQUI   MAY 25TH, 2017 19:52  0  VIEWS: 44
ISLAMABAD: In order to ensure smooth and efficient movement of goods and services along with passengers in a healthy environment,National Highway Authority (NHA) has started CPEC projects worth Rs 700 billion in the country,said the Economic Survey 2016-17 issued here Thursday. NHA has been authorized to plan and develop China-Pak Economic Corridor (CPEC) connecting Khunjerab to Gwadar. Western Alignment of the CPEC has 2,463 km length which starts from Khunjrab and passing through Burhan (Hakla), DI Khan (Yarik), Zhob, Quetta,Surab and Hoshab terminates at Gwadar. Its 615 Khunjrab- Raikot section has been completed,Raikot Thakot is at Planning stage, 188 km Thakot-Havelian section is ongoing,60 km Havelian- Burhan section Ongoing,285 km Burhan(Hakla)- Yarik (D.I.Khan) is Ongoing,235 km Yarik (D.I.Khan)- Zhob 235 Under procurement stage,331 km Zhob Quetta 331 is at planning stage. 211 km Quetta-…

Can Gwadar be like Shenzhen?

http://dailytimes.com.pk/opinion/27-May-17/can-gwadar-be-like-shenzhen

If Gwadar is going to function under the prevailing administrative arrangements — then we should not expect it to look like ShenzhenBy:   Naveed Iftikhar
27-May-17
The China-Pakistan Economic Corridor (CPEC) is poised to boost development in Pakistan. But CPEC can substitute neither the need for institutional reforms nor the importance of domestic investment. However, amid extreme positions taken by supporters and opponents of CPEC, the space for meaningful dialogue on exploiting the project’s benefits has been squeezed.Henceforth, I aim to highlight an important aspect of CPEC: the newly-planned Gwadar city.Gwadar city is expected to hold a key position in the CPEC’s trade route and China’s Belt and Road initiative. Many Pakistanis believe that the city will look like Shenzhen, Hong Kong, Dubai, Singapore, and the list of such cities goes on and on. What is missing amid all these comparisons is a dialogue on governan…

Beijing raps Pakistan on safety of its citizens after two Chinese nationals are kidnapped in Balochistan

http://m.timesofindia.com/world/china/beijing-raps-pakistan-on-safety-of-its-citizens-after-two-chinese-nationals-are-kidnapped-in-balochistan/articleshow/58852009.cms



Shailaja Neelakantan | TIMESOFINDIA.COM | Updated: May 26, 2017, 12.19PM IST
Security of Chinese citizens casts shadow over CPECHIGHLIGHTSLast year, a militant group said that it was targeting CPEC in a bomb attack it carried out in southern PakistanPakistan has raised a 15,000-strong armed force specifically to safeguard Chinese nationals working in the country for the $50 billion-odd CPEC projectNEW DELHI: Beijing has delivered a stern message to Islamabad saying it needs to improve and enhance the safety of Chinese citizens living in Pakistan.The message to Pakistan to "take more effective (safety) measures " came a day after two Chinese nationals were kidnapped in restive Balochistan, allegedly by militants. And with the presence of the Chinese in Pakistan only set to increase - by the hundreds if not the th…

Budget 2017: Rs180bn for CPEC projects, Gwadar

https://www.thenews.com.pk/latest/206794-Budget-2017-Rs180bn-for-CPEC-projects-Gwadar



ISLAMABAD: Finance Minister Ishaq Dar announced an allocation of Rs 180 billion for the projects being constructed under the China Pakistan Economic Corridor (CPEC).The minister said that Gwadar has assumed importance for the national economy where 31 different projects are under construction.The government allocated Rs 180 billion for the CPEC related projects and various development schemes in the port city including airport, road network hospitals etc.

CPEC: Khan Kalat in Tokyo , Baloch are repressed

http://www.sankei.com/smp/world/news/170526/wor1705260060-s1.html➡Below is online translated text, errors may occurInternational Symposium on Peace and Human Rights in Asia" (sponsored by the Asian Forum of Kuretake), organized by the Asian Forum of Asia, was held on May 26 at the House of Councilors in Nagatacho, Tokyo, in an effort to raise interest in repression of human rights by China and Pakistan. Balochistan in Pakistan, Xinjiang Uygur in China, people from the Inner Mongolian Autonomous Region (South Mongolia) and related officials appealed the current situation of repression and called for Japan's support. The summary of the main speaker's argument is as follows.Mr. Suleiman (King of the Balochistan clan King) Pakistan invaded Balochistan with the power of weapons and allowed the world. The Balochistan independence campaign is not a conspiracy from the outside, it happened in response to a strong request and continues to fight to regain sovereignty. Balochistan&#…

CPEC an existential threat to Baloch: Khan of Kalat

http://www.financialexpress.com/world-news/cpec-an-existential-threat-to-baloch-khan-of-kalat/688331/


By: ANI | Tokyo | Published: May 27, 2017 8:11 AMDubbing CPEC as a ‘Chinese military project’, Mir Suleiman asked the United States and the Indian Government to support an independent Balochistan and called on Pakistan to stop the genocide of Balochs. (Reuters)Khan of Kalat Mir Suleman Dawood has said that the China-Pakistan Economic Corridor (CPEC) is an existential threat to the Baloch nation and its people and threatens India as well as American interests in the region. Dubbing CPEC as a ‘Chinese military project’, Mir Suleiman asked the United States and the Indian Government to support an independent Balochistan and called on Pakistan to stop the genocide of Balochs. He said only independent Balochistan can help remove the threat of war to India from its western border.Balochistan under Kalat was independent for nearly seven and a half months until Pakistani military forcefully oc…

Gwadar to become international smart port city soon

https://www.techjuice.pk/gwadar-to-become-international-smart-port-city-soon/

By Ali Legharion May 25, 2017

Pakistan and China have inked agreements and MoUs to make Gwadar an international smart port city. The signing ceremony was held at Ministry of Commerce of the People’s Republic of China.Gwadar being the gateway to CPEC is highly valuable for Pakistan, and the government is using it as a bait to attract foreign investors.Minister of planning and development Ahsan Iqbal said while talking on the occasion, “Gwadar, a jewel of Pakistan, is being built at par with port cities like Singapore and Hong Kong. As the gateway to CPEC, it has already started attracting the interest of investors, however, Gwadar would become an international smart port city soon”.Ahsan Iqbal further asserted that Gwadar Eastbay Expressway project has also been initiated in the city. The expressway would be an 18.981 km long 4-lane expressway. He said, “It would integrate Gwadar Port with the Makran Coastal Hi…

Establishment of Halal Food Center under CPEC”

http://pakobserver.net/establishment-halal-food-centre-cpec/
Salim AhmedLahoreThe University of Veterinary and Animal Sciences Lahore organised a meeting on “Establishment of Halal Food Center under CPEC”.HEC Advisor (CPEC) Lt Gen Muhammad Asghar (retd) and Vice-Chancellor Prof Dr Talat Naseer Pasha co-chaired the meeting and sought suggestions and technical inputs from the stakeholders about the establishment of Halal Food Center. UVAS faculty members and stakeholders attended the meeting.
Lt-Gen Muhammad Asghar gave a presentation on the vision, mission and planning parameters, 🔴seven pillars of priority of CPEC,
✔construction of an integrated transport system,
✔energy related infrastructure, ✔industries and industrial parks, ✔agriculture development and poverty alleviation,
✔ tourism,
cooperation in the areas concerning peoples livelihood and non-government exchange and financial cooperation, etc.Prof Pasha gave a presentation on the proposed “Integrated Research Centre for Hilal F…

‘CPEC is industrial revolution’

http://dailytimes.com.pk/pakistan/26-May-17/cpec-is-industrial-revolution


By:   Majid Rajput

26-May-17KARACHI: China Pakistan Economic Corridor (CPEC) is an industrial revolution which will bring prosperity in the region said Senator Mushidullah addressing a press conference at KPC. "Asif Ali Zardari claims that he has initiated CPEC project, tomorrow he would claim the One-Belt One-Road (OBOR) was also initiated by his grandfather", he criticized.He alleged that PPP and MQM are responsible for the privatization of K-E. They privatized it for their self-centered interests. Many of their party workers are at good posts in K-E department. We reduced 20- hour load shedding to 4-hour". We are giving 2600 Megawatt electricity to the provinces.The Sindh government criticizes rather than appreciating development projects in this province." Green Line is the project of provincial governments not ours' but we want to see all of Pakistan a prosperous country."Where ar…

CPEC to bring changes in political,economic, cultural levels: president

https://www.thenews.com.pk/print/206735-CPEC-to-bring-changes-in-politicaleconomic-cultural-levels-president

May 26, 2017
Addresses 21st convocation of GIKISLAMABAD: President Mamnoon Hussain on Thursday said that landmark initiatives of China Pakistan Economic Corridor (CPEC) and One Belt, One Road would not only change the face of the world but will also bring in massive changes at political, economic and cultural levels and will also benefit the entire region.Addressing the 21st Convocation of Ghulam Ishaq Khan (GIK) Institute of Engineering Sciences and Technology in Topi, the president said that CPEC is a blessing from Allah Almighty which has placed great responsibility on our shoulders to make concerted efforts for successful completion of this grand project.He urged the youth to prepare themselves to gain maximum benefit from CPEC and expressed the confidence that  they will discharge this great responsibility with determination, resolution and strong will.He said that those nat…

CPEC's major energy plant inaugurates to benefit 10 mln locals

http://news.xinhuanet.com/english/2017-05/26/c_136317469.htm

Source: Xinhua| 2017-05-26 14:02:30|Editor: LiangyuISLAMABAD, May 26 (Xinhua) -- The first generate unit of the Sahiwal power plant inaugurated on Thursday, marking that the first major power plant under the China-Pakistan Economic Corridor (CPEC) start to generate electricity for Pakistani people and will meet power demand of 10 million locals.Pakistani Prime Minister Nawaz Sharif and Chief Minister of Punjab Province Shahbaz Sharif attended a ceremony held in the power plant which is one of the early harvest projects of CPEC.The first unit of Sahiwal coal fired power project will generate 660 megawatt of electricity to the national grid of Pakistan and will help in reduction of power shortage in the country. The total capacity of the project is 1,320 megawatt and the second unit is expected to be put online late next month.The plant, completed in a record period of 22 months, has already been linked to the national grid, of…

The Balochistan narratives

https://www.thenews.com.pk/print/206743-The-Balochistan-narratives
Sartaj KhanMay 26, 2017There are three main narratives propounded by the stakeholders in the conflict in Balochistan. 🔴The first is simple. It involves the aims of the separatist leader Dr Allah Nazar Baloch, an ideologue of the banned BSO Azad and head of the banned Baloch Liberation Front.🔴The second narrative is that of middle-class Baloch leaders who mostly issue statements from abroad and seek help from imperialist countries and India to pressurise the government. They aim to produce greater benefits by striking a deal.🔴The third is put forward by political parties -- like the PML-N and the National Party (NP) -- and the business class, which are clearly propelling the capitalist development agenda and supporting paramilitary operations in the province. To hardcore nationalists, these parties represent a great harm. This has resulted in a polarisation between the middle class and the rural poor.The space between…

China's response to UN Report on CPEC

http://www.fmprc.gov.cn/mfa_eng/xwfw_665399/s2510_665401/2511_665403/t1465239.shtml

Q: A UN report said that the China-Pakistan Economic Corridor (CPEC) could add more tension between India and Pakistan and fuel more political instability in the region. How do you respond to that?A: We saw some relevant reports by Indian media in this regard, but we need to get more information about the report you mentioned, but I can respond to you in principle. The Economic and Social Commission for Asia and the Pacific (ESCAP) is an important partner for the cooperation under the Belt and Road Initiative. The 73rd Session of ESCAP was held in Bangkok, Thailand days ago. During the meeting, participating parties appraised the important significance of the Belt and Road Initiative in promoting development in Asia and the Pacific, supported the synergy between ESCAP and the Belt and Road Initiative, and decided to promote connectivity through extensive consultation, joint contribution and shared benef…