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Showing posts from November 11, 2017

Manila’s pivot to Beijing spells peril—not just opportunity—for Chinese-Filipinos Clinton Palanca   November 10, 2017 Improving ties. (Reuters/Damir Sagolj) In 1417 the sultan of Sulu, now part of the southern Philippines,  sailed to China to pay tribute to Zhu Di, the third emperor of the Ming dynasty. After the sultan fell ill and died unexpectedly on his way home, the emperor  built an elaborate tomb for him  in Dezhou, in Shandong province. In recent years that tomb  was restored —with financial help from a Chinese-Filipino business leader—and last month trade and cultural groups marked the voyage’s 600th anniversary with a  flurry of activities . Their efforts to play up historic ties between the two nations come amid growing mistrust in the Philippines of the nation’s ethnic Chinese, who comprise about 1% of the population but have an  outsize influence over the economy . They are seen as midwives to China’s economic expansion in the region, and a piv

General Electric, China's Silk Road Fund to launch energy investment platform Reuters Nov. 9, 2017, 8:28 PM 19 GE General Electric  20.48 0.48 (+2.40 %) Disclaimer Get real-time GE charts here » SHANGHAI, Nov 10 (Reuters) - General Electric Co and a Chinese state fund set up for the Belt and Road trade initiative plan to jointly establish an energy infrastructure investment platform, China's government said on Thursday. The announcement came on the sidelines of a state visit to Beijing by U.S. President Donald Trump, who has been looking to rev up U.S.-China trade. The Silk Road Fund and GE Energy Financial Services signed a "cooperation" deal to set up the platform in Beijing, the State Administration of Foreign Exchange (SAFE) said in a statement. "The two sides will jointly invest in electric power grids, new energy and oil and gas, in countries and regions along the Belt and Road," SAFE said. "The

KPK TO BENEFIT FROM MULTI-BILLION TRADE UNDER CPEC 08:25 PM, 11 Nov, 2017   0 Prime Minister Shahid Khaqan Abbasi has said that no country can make progress without quality education. He was addressing the annual day function of Kaghan Memorial School at Shogran in Manshera District today. Highlighting the significance of the area, the Prime Minister said that the entire trade under the multi billion dollars CPEC will pass through it. He said it will generate employment opportunities for the youth of the area. He, however, said the people of the area can only benefit from the mega project if they have access to quality education. The Prime Minister said that the government has initiated work on several important projects including Dasu and Sukhi Kenari hydel power projects to meet the growing energy requirements of the country. Topic: Three economic zones set to take off under CPEC Three prioritised Special Economic Zones of the China-Pakistan

Saudi delegation to visit Pakistan to seek opportunities in CPEC Source: Xinhua |  2017-11-11 22:57:46 | ISLAMABAD, Nov. 11 (Xinhua) -- A high level delegation of Saudi Arabia will visit Pakistan by the end of this month to explore investment opportunities in the China-Pakistan Economic Corridor (CPEC), state-run media reported on Saturday. The state-run Associated Press of Pakistan quoted Nawaf Saeed Al Malikiy, Saudi ambassador to Pakistan, as saying that the Saudi Arabian group, comprising ministers and heads of various divisions, will reach Pakistan during the last week of November. "A board is coming, comprising different ministries, and Saudi ministry of commerce to exchange ideas relating to investment opportunities in Pakistan in various projects like CPEC, Gawadar Port," the ambassador said. Appreciating the ongoing defense cooperation between the two countries, Al Malikiy said they would sit with Pakistani side to discuss specific features for investment in Paki

Three economic zones set to take off under CPEC By  Shahbaz Rana Published: November 11, 2017 175SHARES   SHARE   TWEET Development of the SEZs is the most critical part of the Long Term Plan of CPEC that promises industrialisation of Pakistan, creation of new jobs and sustainable bilateral cooperation. PHOTO: FILE ISLAMABAD :  Three prioritised Special Economic Zones of the China-Pakistan Economic Corridor (CPEC) are set to take off, as Beijing has agreed to cooperate in the development of Faisalabad, Hattar and Dhabeji industrial areas. China conveyed its willingness to promote these zones during the second meeting of the Joint Working Group (JWG) on Industrial Cooperation, announced the Board of Investment on Friday. The meeting was co-chaired by Li Xuedong, Deputy Director General of Department of International Cooperation, NDRC and Azher Ali Choudhry, the BOI secretary. NHA seeks Rs34b Saudi funding for road projec

Yoga must not be viewed through religious angle" ANI | Mumbai (Maharashtra) [India] Nov 11, 2017 06:42 PM IST Mumbai based Yoga teacher Mansoor Baluch came in support of Rafia Naaz, who has been receiving death threats, said Yoga must not be viewed through a religious angle. Baluch told ANI, "Yoga is good for health and must not be viewed through a religious angle. I don't think the cleric who issued the fatwa is learned or credible enough." Earlier in the day, the Bharatiya Janata Party (BJP) called for action to be taken against those issuing death threats to the Muslim Yoga teacher, Naaz, in Jharkhand. BJP leader Nupur Sharma said, "It is absolutely unfortunate. Women are targeted adversely for singing song, acting in movie and now for teaching Yoga. This is a free country. Women have been guaranteed equal rights under the constitution of India." "I see no reason why any religious