Skip to main content

BRI "is a made in China, made for China" initiative


The BRI "is a made in China, made for China" initiative, a senior Trump administration official has said as he asked Beijing to uphold internationally accepted best practices and adopt an open and inclusive approach to its overseas infrastructure projects.

By: PTI | Washington | Published: July 30, 2018

The Belt and Road Initiative is a multi-billion-dollar initiative launched by Chinese President Xi Jinping when he came to power in 2013. (AP)

The BRI “is a made in China, made for China” initiative, a senior Trump administration official has said as he asked Beijing to uphold internationally accepted best practices and adopt an open and inclusive approach to its overseas infrastructure projects. The Belt and Road Initiative is a multi-billion-dollar initiative launched by Chinese President Xi Jinping when he came to power in 2013.

It aims to link Southeast Asia, Central Asia, the Gulf region, Africa and Europe with a network of land and sea route. Welcoming contributions by China to regional development, Brian Hook, senior policy advisor to the Secretary of State and Director of Policy Planning, said the US just wants Beijing to adhere to high standards and to uphold areas such as transparency and rule of law and sustainable financing.

His comments came ahead of Secretary of State Mike Pompeo is set to make major policy initiative announcement for the Indo-Pacific region during the first Indo-Pacific Business Forum hosted by US Chambers of Commerce.

“I would not say that this (new economic engagement) is a strategy to counter the one belt, one road,” Hook said. “The belt and road is for the moment China’s way of doing things. It is a made in China, made for China initiative,” he said. Asserting that the US and its economic engagement benefits the Indo-Pacific region, Hook said that the Trump administration believes that America’s model of economic engagement is the “healthiest” for the nations in the region. So the US encourages China to adhere to best practices and infrastructure development financing, he said. “And this only occurs when, infrastructure in other areas are physically secure, financially viable and socially responsible.

“We encourage China to promote an uphold internationally accepted best practices and infrastructure development and financing and to adopt an open and inclusive approach to its belt and road initiative, especially these overseas infrastructure projects,” Hook said.

The US, he said, has a vision of a free and open Indo Pacific, which does not exclude any nation. The initiatives to be announced at the Forum by the Trump administration is meant to advance America’s cooperation with its partners and to encourage new forms of collaboration between the United States and Indo-Pacific nation.



https://www.financialexpress.com/defence/belt-and-road-initiative-a-made-in-china-made-for-china-initiative-says-us-official/1263287/

Comments

Popular posts from this blog

Balochistan to establish first medical university

https://www.dawn.com/news/1366135

The Newspaper's Staff CorrespondentOctober 25, 2017QUETTA: The provincial cabinet on Tuesday approved the draft for establishing a medical university in Balochistan.Health minister Mir Rehmat Saleh Baloch made the announcement while speaking at a press conference after a cabinet meeting.“The cabinet has approved the draft of the medical university which would be presented in the current session of the Balochistan Assembly,” he said, adding with the assembly’s approval the Bolan Medical College would be converted into a medical university.Published in Dawn, October 25th, 2017

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میںPlease help the deserving persons...Salary:Salary package in China–Pakistan Economic Corridor (CPEC) in these 300,000 jobs shall be on daily wages. The details of the daily wages are as follows;Welder: Rs. 1,700 dailyHeavy Duty Driver: Rs. 1,700 dailyMason: Rs. 1,500 dailyHelper: Rs. 850 dailyElectrician: Rs. 1,700 dailySurveyor: Rs. 2,500 dailySecurity Guard: Rs. 1,600 dailyBulldozer operator: Rs. 2,200 dailyConcrete mixer machine operator: Rs. 2,000 dailyRoller operator: Rs. 2,000 dailySteel fixer: Rs. 2,200 dailyIron Shuttering fixer: Rs. 1,800 dailyAccount clerk: Rs. 2,200 dailyCarpenter: Rs. 1,700 dailyLight duty driver: Rs. 1,700 dailyLabour: Rs. 900 dailyPara Engine mechanic: Rs. 1,700 dailyPipe fitter: Rs. 1,700 dailyStorekeeper: Rs. 1,700 dailyOffice boy: Rs. 1,200 dailyExcavator operator: Rs. 2,200 dailyShovel operator: Rs. 2,200 dailyComputer operator: Rs. 2,200 dailySecurity Supervisor: Rs. 2,200 dailyCook for Chinese food: Rs. 2,000 dailyCook…

China’s 'Digital Silk Road': Pitfalls Among High Hopes

https://thediplomat.com/2017/11/chinas-digital-silk-road-pitfalls-among-high-hopes/


Will information and communication technologies help China realize its Digital Silk Road?By Wenyuan WuNovember 03, 2017In his speech at the opening ceremony of China’s 19th Party Congress, President Xi Jinping depicted China as a model of scientific and harmonious development for developing nations. Xi’s China wants to engage the world through commerce but also through environmental protection and technological advancement. This includes Beijing’s efforts to fight climate change with information and communication technologies (ICTs) that it plans to export along its “One Belt One Road” initiative (OBOR). Xi may have ambitious plans, but could China be throwing up obstacles in its own way?In his speech, the Chinese president emphasized the need to modernize the country’s environmental protections. The Chinese state is taking an “ecological civilization” approach to development and diplomacy, with a natio…