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Showing posts from April 2, 2018

OCBC in tie-up to tap Belt and Road opportunities

View originalhttp://www.straitstimes.com/business/companies-markets/ocbc-in-tie-up-to-tap-belt-and-road-opportunitiesstraitstimes.com
OCBC in tie-up to tap Belt and Road opportunitiesPUBLISHED9 HOURS AGO...OCBC Bank is partnering Bank of Shanghai to help companies expand across countries covered by China's Belt and Road Initiative, which calls for massive development of infrastructure along key trade routes.The two banks signed a memorandum of understanding (MOU) yesterday - a move that OCBC believes will strengthen its position as a key partner for Chinese enterprises expanding in the region.Bank of Shanghai does not have a presence in South-east Asia. This means "OCBC Bank is now poised to be its strategic choice for collaboration in the market", the bank said in a statement.Apart from sharing knowledge and resources, exploring joint business and talent development opportunities, and strengthening risk management capabilities, the banks will collaborate closely to provi…

Including India in CPEC good for region

http://www.globaltimes.cn/content/1096161.shtml

Including India in CPEC good for regionBy Ghulam Ali Source:Global Times Published: 2018/4/1 20:03:3912Illustration: Liu Rui/GT

At first glance, the China-Pakistan Economic Corridor (CPEC) appears a bilateral project between China and Pakistan. In reality, the corridor's optimum results could be achieved by linking it with regional countries: India in the east of Pakistan, and in the west Central Asia, Afghanistan, Iran and the Middle East. The present momentum indicates progress solely westward. Given the bitterness of India-Pakistan relations, Pakistan neither officially invited India to join nor did India show any interest in the corridor. New Delhi in fact opposed it.     Indian opposition comes from its alleged sovereignty issues. New Delhi claims that a part of the corridor passes from Pakistan-controlled Kashmir, Azad Kashmir, which India asserts is its own sovereign territory. In the Indian view, China and Pakistan have no righ…

Taking a Swipe at China's Belt and Road Initiative, US Says Such Projects Could Compromise Sovereignty

Taking a Swipe at China's Belt and Road Initiative, US Says Such Projects Could Compromise Sovereignty"We're concerned, with the financing structures for connectivity projects," Alex Wong, Deputy Assistant Secretary of State for East Asian and Pacific Affairs told reporters during a news conference.PTIUpdated: April 3, 2018, 9:37 AM ISTAlex Wong, U.S. deputy assistant secretary at the Bureau of East Asian and Pacific Affairs, speaks at American Chamber of Commerce (AmCham)’s yearly dinner event, in Taipei, Taiwan. (File Photo: Reuters)
Washington: In an apparent dig at China's Belt and Road Initiative (BRI), the US on Tuesday voiced its concern over the financing structure of connectivity projects, cautioning nations may compromise their sovereignty if they could not sustainably pay back their loans."We're concerned, with the financing structures for connectivity projects," Alex Wong, Deputy Assistant Secretary of State for East Asian and Pacific Aff…

GDP Center Hosts Workshop on China’s Belt and Road Initiative

http://www.bu.edu/pardeeschool/2018/04/02/gdp-center-hosts-workshop-on-chinas-belt-and-road-initiative/
GDP Center Hosts Workshop on China’s Belt and Road InitiativeAPRIL 2, 2018The Global Development Policy (GDP) Center, an affiliated center of the Frederick S. Pardee School of Global Studies at Boston University, hosted a March 29, 2018 workshop with members of the Chinese Academy of Social Sciences’ Institute for World Economics and Politics on China’s overseas energy investment.  Zhang Ming and Yongzhong Wang, of the Chinese Academy of Social Sciences’ Institute for World Economics and Politics, joined GDP Center Director Kevin P. Gallagherfor the discussion on China’s Belt and Road Initiative.  Since its initiation by China’s President Xi Jinping in 2013,the Belt and Road Initiative has received 55.9 percent of China’s total overseas energy finance since 2000. The group discussed the geopolitical implications and the risks involved with the projects led by China as well as the mac…

The Belt and Road Initiative: How European Businesses can Benefit

http://www.china-briefing.com/news/2018/04/02/belt-road-initiative-how-european-businesses-can-benefit.html
The Belt and Road Initiative: How European Businesses can BenefitPosted on  April 2, 2018 by China BriefingReading ModeBy Bokuan ChenFrench President Emmanuel Macron and UK Prime Minister Theresa May both made trips to China in early 2018. During their visits, they expressed interest in the opportunities presented by China’s Belt and Road Initiative (BRI), but also reluctance over the policy’s aims and whether European countries could really benefit from it. Macron, for instance, said that the New Silk Road cannot be “one-way”.Given the importance that the Chinese government has ascribed to the BRI – and the vast sums committed to it – European businesses are exploring if and how they can participate. However, many European businesses are unsure of what the BRI looks like in practice, and whether the opportunities it presents can only be enjoyed Chinese companies.While the exact …

OPBU launched to expose Indian funded anti-Pakistan elements in Balochistan

https://www.pakistantoday.com.pk/2018/04/02/opbu-launched-to-expose-indian-funded-anti-pakistan-elements-in-balochistan/
OPBU launched to expose Indian funded anti-Pakistan elements in BalochistanNational12 HOURS AGO BY STAFF REPORTShare this on WhatsAppISLAMABAD: In a welcome move, an organisation, namely Overseas Pakistani Baloch Unity (OPBU), was launched to confront and expose elements behind the Baloch independence movement on the global level. The organisation has been launched with the slogan: “United We Stand, Divided We Fall”.In this regard, an event was organised in Russia’s capital Moscow by Dr Jumma Khan Marri along with his supporters.The event was also attended by different segments of the Pakistani community residing in Moscow to show their solidarity with the movement. Dr Marri briefed the participants about the manifesto, structure and relevant details of the organisation.The OPBU reiterated its resolve to bring back the innocent and misguided people of Balochistan to …

Hazaras gather in Balochistan to protest against targeted killings

Hazaras gather in Balochistan to protest against targeted killingsANI | Updated: Apr 02, 2018 13:15ISTQuetta (Balochistan) [Pakistan], Apr 2 (ANI): Hundreds of Hazaras in the Balochistan capital recently gathered together to protest against the targeted killings and the constant persecution of the community.The agitation entered its second day on Monday.Many Twitterers shared pictures of the sit-in protest that was held to condemn the killings of the Shia Hazara community as well as criticise the Pakistan government of not taking any action to ensure the safety and security of the community.A Twitter user shared a snap from the demonstration at Quetta's Alamdar Road, writing, "The sit-in on Alamdar Road, Quetta enters its day two while provincial and federal governments have not taken any measures to provide security to #Hazaras. #GenocideOfHazaras @ImranKhanPTI @antonioguterres @hrw @amnesty @UN_HRC."A Pakistani activist named Syed Ali Abbas Zaidi took to his Twitter pa…

CPEC to boost demand of expert interpreters: Chinese language whiz

https://tribune.com.pk/story/1675011/1-cpec-boost-demand-expert-interpreters-chinese-language-whiz/


By APPPublished: April 2, 2018Representational image. PHOTO: REUTERSLAHORE: Thousands of Chinese language professionals and interpreters will be needed in the future to meet the growing needs of the China-Pakistan Economic Corridor (CPEC) project.These views were expressed by former member of Punjab government scholarship selection committee and Chinese language expert Kamran Chaudhry the other day.Is CPEC also a game changer for Balochistan?He said that Punjab Chief Minister Shehbaz Sharif had a broad vision regarding the learning of Chinese language and the Punjab government had sent many students to different institutions of China to learn Chinese language on scholarships.He said, “There is a great scope for Chinese language interpreters and translators in the country. The country needs thousands of Chinese language experts in the future as Chinese businessmen are expected to visit Pa…