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India stands firm, challenges Chinese hegemony in Asia

http://www.newindianexpress.com/magazine/voices/2017/sep/02/india-stands-firm-challenges-chinese-hegemony-in-asia-1650862--1.html


By G Parthasarathy  |   Published: 02nd September 2017 10:00 PM  |  Last Updated: 02nd September 2017 05:58 PM  |   A+A A-   |  India and Bangladesh had differences over the demarcation of their maritime boundary in Bay of Bengal. Bangladesh took the case to the United Nations Permanent Court of Arbitration. After five years of proceedings, the Court in July 2014 awarded Bangladesh 19,467 square kilometres and India 6,135 square kilometres of the disputed maritime territory. Respecting the provisions of International Law, India immediately accepted the Court verdict. Similarly, respecting international law, India has concluded bilateral and trilateral agreements with virtually all its maritime neighbours, including Thailand, Indonesia, Myanmar, Bangladesh, Sri Lanka and Maldives. The maritime boundary with Pakistan has not been demarcated, among other reason…

US sets schedule for patrols in South China Sea for the first time, plans to increase operations

http://www.straitstimes.com/world/united-states/us-sets-schedule-of-patrols-in-south-china-sea-to-challenge-chinas-maritime
1 of 2Construction is shown on Mischief Reef, in the Spratly Islands, the disputed South China Sea in this March 11, 2017, satellite image released by CSIS Asia Maritime Transparency Inititative at the Center for Strategic and International Studies (CSIS).PHOTO: REUTERSPUBLISHEDSEP 2, 2017, 8:13 AM SGT
Nirmal GhoshUS Bureau ChiefWASHINGTON - The US Pacific Command has for the first time developed a schedule for naval patrols in the South China Sea, with freedom of navigation operations (FONOPS) two or three times over the next few months, a report said on Friday (Sept 1), quoting unnamed US officials.This would mark a considered approach to FONOPS in the disputed South China Sea, the Wall Street Journal reported. China claims the maritime zone virtually in its entirety, but Vietnam, Malaysia, Brunei, the Philippines and Taiwan also have claims there.China has calle…

It's becoming difficult to get Chinese visas: Pakistan

http://wap.business-standard.com/article/international/it-s-becoming-difficult-to-get-chinese-visas-pakistan-117090200487_1.html
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ANI | Karachi Sep 02, 2017 04:30 PM ISTPakistan
Business community in Pakistan has expressed its concerns over Chinese visa saying that visas are becoming increasingly difficult to get.Whereas, a rise in Chinese nationals coming to Pakistan in the wake of the China-Pakistan Economic Corridor (CPEC) is being noticed, The Dawn reported.Reportedly, 71,000 Chinese nationals visited Pakistan in 2016, and 27,596 visa extensions were granted in that year, which is up by 41 per cent from a year earlier.However, it is becoming difficult for Pakistani nationals to get Chinese visas.Moreover, they are granted only single entry visa, that too with the validity period of three months."The Chinese government should review its policy and grant multiple-entry visas to members of the business community with a validity period of at least one year," Pakistan Soap …

Pamphlet of "Hind Baloch Forum"

China's Legend Holdings buys 90% BIL stake

https://www.wort.lu/en/luxembourg/from-qatar-to-china-china-s-legend-holdings-buys-90-bil-stake-59a9650556202b51b13c2898

Published on Friday, 1 September, 2017 at 15:47Chinese investment group Legend Holdings will buy the 90% stake in Banque Internationale à Luxembourg (BIL) currently owned by the Qatari royal family, Finance Minister Pierre Gramegna confirmed on Friday afternoon.The value of the Qatari stake in the Luxembourg bank is estimated at around €1.5 billion and the sale deal will be signed on Friday.Luxembourg state keeps its 10% stakeAlthough the Chinese group was willing to buy the state's 1o%, Gramegna outlined that the government insisted on keeping its shares to ensure the bank's continuity and give reassurance to the 2000 BIL employees and the public. More videos can be found on our video page"It's good for the country and for the bank", Gramegna stated, pointing out that no social plan will be rolled out at the BIL in the next three years.After th…

China To Confront Financial, Engineering Challenges In ‘Belt And Road’

http://thecorner.eu/world-economy/china-confront-financial-engineering-challenges-belt-road/65994/



TOPICS:Belt And Road InitiativeFinancial Challenges Belt And RoadBelt and Road initiative routesPOSTED BY: THE CORNER 21ST JULY 2017Richard N. Cooper via Caixin | The ancient “Silk Road” was not well-defined, but rather involved several routes through central Asia and Persia and modern Turkey by which silk fabrics traveled from the Han Dynasty (206 B.C. to A.D. 220) as far back as the Roman Republic, over 2,000 years ago. Depending on political developments over such a long distance, the silk trade periodically languished and revived, especially during the early Tang Dynasty (618-907) and again during the Yuan Dynasty (1271-1368), when Mongols controlled most of the route from China to eastern Europe. The Tang Dynasty and again the early Ming Dynasty (1368-1644) developed sea routes through the Indian Ocean, at least to eastern Africa and the Red Sea, some say even farther. A later Ming e…

AIIB may invest over Rs 9000 crore in six India projects

http://wap.business-standard.com/article/economy-policy/aiib-may-invest-over-rs-9000-crore-in-six-india-projects-117083100428_1.html


IANS | New Delhi Aug 31, 2017 01:31 PM ISTThe total investment in India as of now stands at $638 million
The Asian Infrastructure Investment Bank (AIIB) is mulling pumping in $1.5 billion (Rs 9,599 crore) in six new projects in India that includes Rs 1,279 crore in India's National Investment and Infrastructure Fund (NIIF), a top AIIB official has said.India has been trying to attract investments for NIIF from several international institutional investors. The Indian government has committed Rs 20,000 crore to the NIIF."The bank is considering contributing to NIIF in addition to other projects across India. For the proposed investment into the NIIF, the estimated fund is $200 million. The bank is currently reviewing six projects in India. The projects are focused on improving transport, energy and urban infrastructure across the country," Dan…

BRICS summit 2017: Security tightened in China’s Xiamen

http://www.financialexpress.com/world-news/brics-summit-2017-security-tightened-in-chinas-xiamen/837989/



Ahead of the BRICS summit, security has been tightened and all preparations have been made for the biggest international event to be hosted by Chinese coastal city of Xiamen form September 3 to 5.By: ANI | Beijing | Published: September 2, 2017 4:52 PMThe high-profile leaders who are landing at Xiamen Gaoqi international airport, southeast China's coastal Fujian province can notice that there is an important event in the offing. (Reuters)TOP NEWSDemonetisation: "What India has done is commit a massive theft of people's property - a shocking move for a democratically elected government", says Steve ForbesIndia will get capability to make next-generation fighter jets with Saab'sGripen: Adani's Ashish RajvanshiLIVE: Huge protests in Chennai, other parts of Tamil Nadu after NEET crusader Anitha commits suicideAhead of the BRICS summit, security has been tighten…