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Showing posts from March 25, 2018

The Belt and Road Initiative - From the Perspective of Overseas Direct Investments

http://m.capitalwatch.com/article-1887-1.html
The Belt and Road Initiative - From the Perspective of Overseas Direct InvestmentsThe infrastructure-led initiative, China's leaders believe, could create new markets for Chinese companies and provide a boost for struggling banks and state-owned enterprises.Karen LiuMar 25, 2018 5:05 AM  WSTThe Belt and Road Initiative (BRI) - officially known as the Silk Road Economic Belt and the 21st Century Maritime Silk Road policy - is a development strategy proposed in 2013 by the Chinese government that aims to create the world's largest platform for economic cooperation, including policy coordination, trade and financing collaboration, and social and cultural cooperation. The main focuses are in infrastructure, transportation, and energy.The Initiative was launched at a critical point in China's economic transformation.In recent years, China has gone through structural transformation and is faced with domestic production overcapacity. B…

A Cry for Justice: Empirical Insights from Balochistan

https://www.dawn.com/news/1397369
IN SEARCH OF JUSTICEAdnan AamirMarch 25, 2018
A map showing the extensive area comprising the “Empty Quarter”, one of the most underdeveloped areas in Balochistan despite having produced five chief ministers | Photo from the book'Balochistan is the most deprived province.’ This is the oft-repeated line used by nationalist politicians of Balochistan. But such claims are mere rhetoric. These politicians are often unable to present any evidence with which to back up their concern. However, Dr Kaiser Bengali, in his new book A Cry for Justice: Empirical Insights from Balochistan, presents a case of the region’s state of deprivation in a very articulate manner. The book, which focuses on political economy, provides a concrete, factual basis that can be used to plead the case of deprivation of Balochistan in the federal structure of Pakistan.Dr Bengali is a noted economist who, from 2013 to 2016, served as the head of the Chief Ministers’ Policy Reforms U…

Beijing quietly presses ahead with its expansionist agenda in the South China Sea

https://www.thenational.ae/opinion/comment/beijing-quietly-presses-ahead-with-its-expansionist-agenda-in-the-south-china-sea-1.715989
Beijing quietly presses ahead with its expansionist agenda in the South China SeaWith the US president focused on issues elsewhere, China is consolidating its hold on its own neighbourhood, writes Brahma ChellaneyBrahma ChellaneyMarch 25, 2018Updated: March 25, 2018 04:56 PMA Chinese bomber patrols the islands and reefs in the South China Sea. Liu Rui / Xinhua via APThe symbolism of the recent port call by an American aircraft carrier in Vietnam cannot obscure the fact that the United States, under two successive presidents, has had no coherent strategy for the South China Sea. It was on Barack Obama’s watch that China created and militarised seven artificial islands, while his successor, Donald Trump, still does not seem to have that critical sub-region on his radar.In fact, with Mr Trump focused on North Koreaand trade, China is quietly pressing ahead …

How India Is Quietly Playing The Indonesia Card To Counter China

https://www.thequint.com/voices/opinion/india-playing-indonesia-card-against-chinaHow India Is Quietly Playing The Indonesia Card To Counter ChinaRAJEEV SHARMA1 DAY AGO5 min read1.6K ENGAGEMENTCOMMENT0International diplomacy is an intricate web and nothing short of a cloak-and-daggers mystery. Well, you get a glimpse of this dark game in India's dealings with China if you were to have a close look at the rapidly increasing India-Indonesia bonhomie.While the Narendra Modi government is sending positive feelers to China by sidelining the Dalai Lama, it is quietly taking its relations with Indonesia to a never-before level, with an eye on China. Among all ten ASEAN (Association of South East Asian Nations) members, no other country is going ahead in stepping up a truly strategic cooperation with India, the way Indonesia is.It may well be a non-story for the TRP-driven Indian media, but the India-Indonesia interplay is the strategic story to watch out for in the near future. The under…

The Belt and Road Initiative - From the Perspective of Overseas Direct Investments

http://m.capitalwatch.com/article-1887-1.html
The Belt and Road Initiative - From the Perspective of Overseas Direct InvestmentsThe infrastructure-led initiative, China's leaders believe, could create new markets for Chinese companies and provide a boost for struggling banks and state-owned enterprises.Karen LiuMar 25, 2018 5:05 AM  WSTThe Belt and Road Initiative (BRI) - officially known as the Silk Road Economic Belt and the 21st Century Maritime Silk Road policy - is a development strategy proposed in 2013 by the Chinese government that aims to create the world's largest platform for economic cooperation, including policy coordination, trade and financing collaboration, and social and cultural cooperation. The main focuses are in infrastructure, transportation, and energy.The Initiative was launched at a critical point in China's economic transformation.In recent years, China has gone through structural transformation and is faced with domestic production overcapacity. B…

India working to ‘recalibrate’ ties with China, but will not sign on to Belt and Road Initiative

https://www.hindustantimes.com/india-news/india-working-to-recalibrate-ties-with-china-but-will-not-sign-on-to-belt-and-road-initiative/story-iTunr71mCRbXkVvHcxo29K.html

India working to ‘recalibrate’ ties with China, but will not sign on to Belt and Road InitiativeNew Delhi believes that while the India-China relationship will continue to include elements of both cooperation and competition, it is time to work on “commonalities” in the relationship and build on it, rather than focus on the differences.

Prime Minister Narendra Modi is slated to visit China and, as reported by HT on March 17, may have an informal summit with President Xi Jinping. (Reuters File Photo)Updated: Mar 25, 2018 19:29 ISTBy Prashant Jha, Hindustan Times, New DelhiIndia will seek to ‘recalibrate’ ties with China and build on commonalities after a difficult year. But this will not happen at the cost of India’s “core concerns,” and it will stick to its stated position on Beijing’s flagship Belt and Road Initiative …

Japan warms to China’s belt and road plan with talks on business tie-ups, sources say

http://m.scmp.com/news/china/diplomacy-defence/article/2136661/japan-warms-chinas-belt-and-road-plan-talks-business
DIPLOMACY & DEFENCEJapan warms to China’s belt and road plan with talks on business tie-ups, sources sayChina’s trade initiative tipped to be on agenda if possible Japan visit by Premier Li Keqiang goes aheadCatherine WongUPDATED : Sunday, 25 Mar 2018, 8:09PM 7Japan may soon become more involved in China’s multibillion-dollar belt and road plan, with the two countries expected to begin exploring business cooperation deals in third countries, according to diplomatic and trade sources.Faced with uncertainty over the global leadership role of traditional ally America under Donald Trump, Japan has gone from wariness towards the “Belt and Road Initiative” – Beijing’s strategy to boost infrastructure and trade links with nations from Asia to Africa – to slowly warming to the idea of taking part in it.One of the first signs Tokyo was starting to embrace President Xi Jinping’…

Belt and Road Initiative brings real opportunities for ICBC in Europe: ICBC Europe chairman

http://www.xinhuanet.com/english/2018-03/25/c_137064604.htm


Source: Xinhua| 2018-03-25 21:59:04|BRUSSELS, March 25 (Xinhua) -- The "Belt and Road Initiative" is bringing real opportunities to ICBC in Europe, indicating vast potential for commercial activities in subsequent years, said Chairman of ICBC Europe Chen Fei."As one of the first Chinese state-owned financial institutions to go abroad and enter Europe, ICBC Europe has expanded domestic and overseas financing channels and improved cross-border financial services in recent years, he told Xinhua on Wednesday.Many attempts have been made by enterprises to participate in the "Belt and Road" initiative, such as providing diversified financial support and services, and some achievements have been made. As a result, its own strength has also been strengthened", Chen said.Chen said that in recent years, he has followed the "Belt and Road Initiative" from up close and is firmly committed to the ide…

Portugal an important player along Maritime Silk Road: Chinese ambassador

http://www.globaltimes.cn/content/1095086.shtml
Source:Xinhua-Global Times Published: 2018/3/25 17:23:390At a conference in Lisbon on Friday, politicians, bankers, businesspeople and students alike gathered to discuss Portugal's participation in the China-proposed Belt and Road (B&R) Initiative.Addressing the event, Cai Run, Chinese Ambassador to Portugal, said that "Portuguese-Chinese relations are currently the best they've been in history" and highlighted investment, tourism and higher education as the three areas in Portugal where China would participate more. He said that the B&R initiative is "not China's solo show, but a chorus for all participating countries to join in with."Hailing the initiative as "a great platform to promote mutual benefits" and "a new driving force for global economic growth," the ambassador described Portugal as "an important spot on the Maritime Silk Road.""China values Portugal&#…

CPEC is economic lifeline

https://m.khaleejtimes.com/20180323/609/no-title

CPEC is economic lifelineIshtiaq Ali Mehkri
Last updated on March 25, 2018 at 05.15 pmPakistan's Gwadar PortThe China-Pakistan Economic Corridor (CPEC) is Pakistan's kinetic strength. It has kick-started development and there is no looking back. The gigantic $50 billion ambitious project, articulated by Beijing, is an assurance that regional coordination and economic buoyance is around the corner. It has dividends for foreign relations as well, and CPEC is harbinger for competition and sustainability. While Pakistan is the world's 24th largest economy, and 42nd largest in terms of gross domestic product, it has a long way to go as CPEC unfolds into an infrastructural reality in the realms of energy, railways, optic fibre, agriculture, tourism as well as research and development.CPEC is in line with Pakistan's Vision 2025 programme. The good point is that China will also help further the knowledge base for Pakistan. Hundred…

ECP slammed for adding Balochistan area to Sindh in new delimitation

https://www.dawn.com/news/1397426
Abdul Wahid ShahwaniUpdated March 25, 2018

KHUZDAR: Several political parties have condemned the Election Commission of Pakistan’s (ECP) decision to add an area of Balochistan’s NA-260 constituency to a Sindh constituency under its new delimitation.The Balochistan National Party (BNP-Mengal) called a protest in this regard in Khuzdar town on Saturday, which was attended by leaders and workers of several other political parties. The protesters carried banners and placards, and shouted slogans against the ECP’s decision, while marching on roads and streets in the town. They termed it a well thought out conspiracy against the people of the area and demanded that the ECP revisit its decision.Leaders of various political parties, including Saifullah Shahwani of BNP-Mengal, Hafiz Adam Jumma of the Jamiat Ulema-i-Islam Fazl, Jaffar Khan Baloch of the Pakistan Tehreek-i-Insaf, Rasheed Choota, Mushtaq Ahmed Shakarni and District Council member Mir Jumma Khan Sha…