Skip to main content

Posts

Showing posts from November 29, 2017

Eye on China: India and Singapore ink naval pact

https://m.timesofindia.com/india/eye-on-china-india-and-singapore-ink-naval-pact/articleshow/61852056.cms


Rajat Pandit | TNN | Updated: Nov 29, 2017, 08.39PM ISTPhoto shows Nirmala Sitharaman and her Singapore counterpart Dr Ng Eng HenHIGHLIGHTSThe pact was inked to majorly crank up their maritime security cooperation with access to each other’s basesIt was signed after the delegation-level talks between defence minister Nirmala Sitharaman and her Singapore counterpart Dr Ng Eng HenNEW DELHI: India and Singapore on Wednesday inked a naval pact to majorly crank up their maritime security cooperation with access to each other's bases, while reiterating the need for all to respect freedom of navigation and trade in international waters in the backdrop of China's aggressive and expansionist behavior in the Asia Pacific region.The naval cooperation agreement to bolster maritime security, joint exercises, "temporary deployments from each other's naval facilities" and mu…
Post a Comment
Read more

3 Final CEE Countries Align with Belt, Road Initiative

http://english.anhuinews.com/system/2017/11/29/007759260.shtml



Pub Date:17-11-29 08:22 Source:China DailyPremier Li Keqiang and Hungarian Prime Minister Viktor Orban (center, right) talk with entrepreneurs after the opening of the seventh China and the Central and Eastern European Countries Economic and Trade Forum in Budapest, Hungary, on Monday. JU PENG / XINHUAEstonia, Lithuania and Slovenia sign as Li meets with leadersChina has signed memorandums of understanding with Estonia, Lithuania and Slovenia to promote the Belt and Road Initiative, signaling that all 16 Central and Eastern European countries have agreed to align with the initiative.Last November, Latvia signed such a document during the fifth China-CEEC leader's meeting. Hungary became the first in Europe to sign to participate in the initiative in June 2015.The initiative, proposed by President Xi Jinping in 2013, comprises the Silk Road Economic Belt and the 21st Century Maritime Silk Road. It will create a vast netw…
Post a Comment
Read more

Silk Road presents more opportunities than infrastructure

http://www.dailymirror.lk/

2017-11-30 00:00:32China’s Belt and Road (B&R) initiative is an ambitious undertaking that has the potential to reshape the global economy and transform world trade.Many governments, multinational development organisations and international corporations welcome the opportunity to support the series of cross-border infrastructure projects.With over 60 countries and 4.4 billion people included in the route passing from Asia to Africa, covering a third of world gross domestic product, the economic and financial benefits of B&R are likely to go beyond the countries getting new bridges, railway lines and roads.Countries such as Singapore, which are well positioned along the Silk Road, will form crucial links between China and other countries along the route, helping drive B&R. But many corporations are either unsure of how they can be meaningfully involved or are doubtful that the initiative is relevant for organisations not in the business of building…
Post a Comment
Read more

Serbia starts building Chinese-funded rail link to Hungary

https://gbtimes.com/serbia-starts-building-chinese-funded-rail-link-to-hungary


by JanneSuokas Nov 29, 2017 10:30 TRADEINVESTMENTLI KEQIANGThe Serbia-Hungary railway is the first to be build by a Chinese company in Europe.Yantai MingChina DailySerbia on Tuesday began reconstruction work on a rail link to Hungary, a project that is financed by China as part of its new Silk Road trade routes across Eurasia.Serbian prime minister Ana Brnabic attended the launch of the project at a construction site in Belgrade after meeting with Chinese premier Li Keqiang and Hungarian prime minister Viktor Orban earlier during the day in Budapest.Upgrading the 350km rail connection between Belgrade and Budapest, of which 184km is in Serbia, is expected to cut travel times between the capitals from eight hours to just three.China is largely financing the project, which is expected to speed up the transport of Chinese goods from the Chinese-owned Greek port of Piraeus to markets in Central and Eastern Europ…
Post a Comment
Read more

3 Final CEE Countries Align with Belt, Road Initiative

http://english.anhuinews.com/system/2017/11/29/007759260.shtml



Pub Date:17-11-29 08:22 Source:China DailyPremier Li Keqiang and Hungarian Prime Minister Viktor Orban (center, right) talk with entrepreneurs after the opening of the seventh China and the Central and Eastern European Countries Economic and Trade Forum in Budapest, Hungary, on Monday. JU PENG / XINHUAEstonia, Lithuania and Slovenia sign as Li meets with leadersChina has signed memorandums of understanding with Estonia, Lithuania and Slovenia to promote the Belt and Road Initiative, signaling that all 16 Central and Eastern European countries have agreed to align with the initiative.Last November, Latvia signed such a document during the fifth China-CEEC leader's meeting. Hungary became the first in Europe to sign to participate in the initiative in June 2015.The initiative, proposed by President Xi Jinping in 2013, comprises the Silk Road Economic Belt and the 21st Century Maritime Silk Road. It will create a vast netw…
Post a Comment
Read more

CPEC: Crouching tiger, hidden dragon

http://www.tribuneindia.com/mobi/news/comment/cpec-crouching-tiger-hidden-dragon/505508.html



Lt-Gen Bhopinder Singh (retd)
Historically, the Dragon is driven by self-interests, even against fair-play norms, as is evident in its dealing with neighbours India, Vietnam etc. But, its ensnaring abilities will come to forefront for Pakistan as more details of CPEC tumble out.
Posted at: Nov 30, 2017, 12:31 AM
Last updated: Nov 30, 2017, 12:43 AM (IST)

The then Pakistan PM Nawaz Sharif and a Chinese official at the inauguration of the CPEC port in Gwadar on November 13, 2016. ReutersLt-Gen Bhopinder Singh (retd)THE Chinese have an ‘expansionist’ agenda that manifests itself in the realm of trade and commerce, infrastructural initiatives, diplomacy and military footprint. Having overtaken the US as the world's largest economy (also the world's largest polluter), the dragon is now securing the neologism of the ‘Chinese Century’ with aggressive realpolitik, geostrategic investments and c…
Post a Comment
Read more

China maneuvering Pak to cripple India via CPEC: US expert

http://www.thehansindia.com/posts/index/International/2017-11-29/China-maneuvering-Pak-to-cripple-India-via-CPEC-US-expert/341992
ANI |   Nov 29,2017 , 05:49 PM ISTChina maneuvering Pak to cripple India via CPEC: US expert
Washington : China is maneuvering Pakistan to cripple India via the USD 62 billion China-Pakistan Economic Corridor (CPEC) project, which it has described and projected as a transformative economic initiative, an American expert on Asian affairs has claimed.
In a recent article for the Foreign Policy magazine, Professor Carol Christine, Associate Professor in the Security Studies Program at Georgetown University's Edmund A. Walsh School of Foreign Service USA, said that she has spoken out against the dangers of CPEC at Balochistan-related events held here on several occasions.
In her recent article, Professor Christine wrote, "The local Baloch community is displeased with the development plan because it will predominantly alter the demography of the area. Prior…
Post a Comment
Read more

CPEC income to be more than Pakistan budget: Minister

https://pakobserver.net/cpec-income-pakistan-budget-minister/Our CorrespondentBahawalpurProvincial Minister for Higher Education, Raza Haider Gilani said that the income generated from toll plazas on 2,400 kilometer long Gwadar-Khanjrab route of China-Pakistan Economic Corridor(CPEC ) and its rail service and 120 berths of Gwadar Port would be more than annual financial budget of Pakistan. He further said that after completely functioning of Gwadar deep sea port and CPEC, US dollar would be available at Pk Rs 1.75, as saying, due to 67 berths at Dubai Port, US dollar was available at UAE Dirham 3.31. “Value of US dollar will decline at amazing level as 120 berths of Gwadar deep sea port and CPEC route completely start functioning,” he said.He was addressing 12th Convocation at Islamia University Bahawalpur, here on Wednesday that was attended by Vice Chancellor, IUB, Prof-Dr. Qaisar Mushtaq, deans of faculties, academicians and hundreds of students. He said that Dubai port has 67 bert…
Post a Comment
Read more

CPEC to play key role in country’s progress: Abbasi

https://www.thenews.com.pk/latest/250477-cpec-to-play-key-role-in-countrys-progress-abbasi

ListenKARACHI: Prime Minister Shahid Khaqan Abbasi said on Wednesday that the China-Pakistan Economic Corridor (CPEC) would play a key role in the country’s development.The prime minister stated this while speaking at the inaugural ceremony of a coal power plant set up under the CPEC at Port Qasim.He said that the coal power plant was the first to be completed under the ongoing CPEC project.The first unit of the power plant would add 660 megwatts to the national grid while after completion the two units would generate a total of 1320MW.The prime minister said that the second unit of the power plant would be inaugurated in February next year.Abbasi termed the inauguration of the power plant as another milestone in the history of Pak-China relations.He said that various projects worth billions of rupees were being carried out in Gwadar.Earlier, the prime minister arrived in Karachi on one day visit…
Post a Comment
Read more

Pakistan Business Council seeks ‘greater transparency’ in CPEC

https://www.thenews.com.pk/print/250504-pakistan-business-council-seeks-greater-transparency-in-cpecKARACHI: Pakistan’s leading business advocacy forum on Wednesday emphasised a need of ‘greater transparency’ in CPEC (China-Pakistan Economic Corridor) projects to identify its impact on local industries, saying the country is ‘prematurely’ de-industrialising.
“CPEC will no doubt be a game changer for Pakistan and there is hardly a facet of the economy that will not be touched by it,” the Pakistan Business Council (PBC) said. “However, there needs to be greater transparency on how CPEC will impact the competitiveness of existing domestic industries and the safeguards that will be deployed to prevent it becoming a channel for cheap imports.” PBC, in a 16-page ‘agenda for economy’ report, said industries to be established in special economic zones under CPEC are expected to enjoy extensive concessions. “Pakistan should leverage CPEC to attract a meaningful percentage of the millions of job…
Post a Comment
Read more

The China-Pakistan Economic Corridor: A View from the Ground

Fri. Dec.01201710:30am — 12:00pm6th Floor, Woodrow Wilson CenterDirections to the Wilson Center RSVP FOR THIS EVENT ADD TO CALENDAR EMAILTRADE AND DEVELOPMENTThe China-Pakistan Economic Corridor: A View from the GroundEvent Co-sponsorsKISSINGER INSTITUTE ON CHINA AND THE UNITED STATESThe China-Pakistan Economic Corridor (CPEC) is a $62 billion connectivity project envisioned to stretch from the western Chinese city of Kashgar to Pakistan’s Arabian Sea port of Gwadar, located near Iran and Persian Gulf shipping lanes. It is a major component of Beijing's broader Belt and Road Initiative.✔What do Pakistan and China hope to achieve through CPEC?
✔How are CPEC-related funds being spent?
✔Can CPEC transform Pakistan’s economy?
✔What economic, political, and social factors might inhibit CPEC’s progress?
✔Can Pakistan overcome them, and if so how?
✔How will CPEC impact the broader South Asia region?This event will feature a multimedia presentation, based on in-depth and on-the-groun…
Post a Comment
Read more

CPEC: Security tightened

https://pakobserver.net/cpec-security-tightened/

China-Pakistan Economic Corridor (CPEC) is surely and certainly a great game changer not only for Pakistan but also for the entire region. Under CPEC, a number of projects in energy, infrastructure and other sectors are under implementation across Pakistan including Punjab province. Pretty large numbers of Chinese nationals along with local people are working on these projects day and night. They are our guests and ensuring their security and safe working atmosphere is the bounden duty of the people as well as all law enforcement agencies in all fairness.
It is good to note that Punjab Police in the prevailing circumstances has decided to revise the security plan for the Chinese nationals on a priority basis. According to media reports, the Police Chief has quite timely and rightly directed all field police officers to reassess security personnel deployment for the Chinese nationals working on various development projects. All regional a…
Post a Comment
Read more

CPEC in dock after Pakistan, Nepal withdraw from dam projects in China

https://m.economictimes.com/news/defence/cpec-in-dock-after-pakistan-nepal-withdraw-from-dam-projects-in-china/articleshow/61849911.cms



By ANI | Updated: Nov 29, 2017, 05.16 PM IST

BALTIMORE: An expert has drawn attention to Pakistan and Nepal's withdrawal from two dam-building deals functional in China, citing measures Beijing might have to adopt in order to ensure equitable terms and distribution of benefits among those that need the investment.A senior fellow at the S Rajaratnam School of International Studies, Dr James M Dorsey, in an article named 'Commercial terms call into question China's win-win Belt and Road initiative', emphasised the Pakistani withdrawal took on an added significance because it was included in the China-Pakistan Economic Corridor ( CPEC).📎"The withdrawal coincides with mounting questions in Pakistan, a crown jewel in Chinese geo-strategic ambition, about what some see as a neo-colonial effort to extract the country's resources,"…
Post a Comment
Read more

Reinventing The Wheel In Afghanistan (To Keep The Cash Flowing)

OPINION

http://dailycaller.com/2017/11/29/reinventing-the-wheel-in-afghanistan-to-keep-the-cash-flowing/
LAWRENCE SELLINRetired Colonel, U.S. Army Reserve3:24 AM 11/29/2017
One day while working for a multinational corporation in Europe, I began receiving emails about what I will call Project Blue. I had never heard of Project Blue. I then contacted one of my colleagues to enlighten me about Project Blue. Known for her straightforward manner, she said it was much the same as Project Red, but Project Red wasn’t working, so they changed the name.Yes, that really happened.The Pentagon military leadership, many of whom fancy themselves corporate executives, seemed to have adopted that method of bureaucratic legerdemain.Around 2010, the U.S established the Afghan Local Police (ALP) to serve as locally-based village self-defense forces. The ALP units were recruited from local communities in areas where Afghan government control was minimal. The recruits were selected and vetted by community le…
Post a Comment
Read more