Skip to main content

Posts

Showing posts from April 17, 2018

Belt and Road paving way to worrying excess

https://www.reuters.com/article/us-china-beltandroad-breakingviews/breakingviews-cox-belt-and-road-paving-way-to-worrying-excess-idUSKBN1HO2TF
Belt and Road paving way to worrying excessRob CoxHONG KONG (Reuters Breakingviews) - In a conference room overlooking Victoria Harbour, a senior banker smacked a mahogany table in mock theatricality and caused the tea cup on it to rattle around. Informed that rival HSBC had just anointed a senior executive in Asia with the newly minted role of “Head of Belt and Road Initiative,” the financier exclaimed: “Damn, I wish we had thought of that first.”Chinese President Xi Jinping speaks during a briefing on the final day of the Belt and Road Forum, at the Yanqi Lake International Conference Centre, north of Beijing, China May 15, 2017. REUTERS/Nicolas AsfouriIt was a common refrain during a week of meetings with Hong Kong’s financial community. HSBC’s move was a brilliant stroke of public relations designed to indulge Beijing in its quest to fulfill…

China’s coming of age as a maritime power

https://www.orfonline.org/research/chinas-coming-of-age-as-a-maritime-power/
COMMENTARIESAPR 17 2018China’s coming of age as a maritime powerMANOJ JOSHIFor the biggest maritime parade held in China since 1949, the People's Liberation Army Navy deployed 48 warships, 76 aircraft and 10,000 sailors and marines.Chinese President Xi Jinping delivering a speech after reviewing a military display of Chinese PLA Navy in South China SeaSource: XinhuaCHINA HEGEMONYMARITIME SILK ROADAfter addressing the Boao Forum, the Asian Davos, and delivering the message of how China sought to promote inclusive and open economies, Xi Jinping shed his suit and donned combat fatigues to board a destroyer in the South China on Thursday to participate in a huge naval review. There was a clear message in his act – China would deal with the world from a position of strength, in both economic and military fields, and that it was prepared for any eventuality.For the biggest maritime parade held in China since 194…

Chinese Navy to Hold Live-Fire Exercise in Taiwan Strait

https://thediplomat.com/2018/04/chinese-navy-to-hold-live-fire-exercise-in-taiwan-strait/

ASIA DEFENSEA PLA Navy vessel launches anti-submarine missiles in an offshore blockade exercise during a Sino-Russian joint military exercise, held on the sea to the southeast of China's Shandong Peninsula on Aug. 23, 2005.Image Credit: AP Photo /Xinhua, Li Gang

Limited drills seem intended to garner headlines more than provoke Taiwan.By Steven StashwickApril 18, 2018
Last week, Chinese state media announced that the PLA Navy would be conducting live-fire drill in the Taiwan Strait on Wednesday, April 18. Despite hype by Chinese media outlets and some threat-inflation by western reporting, the drills will take place in a geographically limited area within Chinese territory, suggesting that China desires to only appear provocative without actually risking a crisis or cross-strait escalation.The announcement came at the close of a major fleet review in the South China Sea overseen by Chinese Presi…

Indian Navy’s Malacca deployment spots Chinese ships in Indian Ocean

https://economictimes.indiatimes.com/news/defence/indian-navys-malacca-deployment-spots-chinese-ships-in-indian-ocean/articleshow/63803599.cms
Indian Navy’s Malacca deployment spots Chinese ships in Indian OceanBy Shaurya Karanbir Gurung, ET Bureau | Apr 17, 2018, 08.38 PM IST
NEW DELHI: Indian Navy’s Malacca Strait deployment which started in June last year has spotted three Chinese naval shipsentering the Indian Ocean Region from Ombai Wetar in Indonesia, officials said today. The Chinese ships are on an anti-piracy duty and were heading to the Gulf of Aden.The spotting of the Chinese ships has been due to the Indian Navy’s ‘Mission Based Deployment’ wherein currently 50 of its ships are deployed in the Indian Ocean Region, including the Malacca Strait, that allow it to keep watch across the ocean. In addition, network centric operations that allow every ship to receive and examine feed on what is happening in each other’s area of responsibility also contribute to the maritime domain …

Pakistan, Chinese naval chiefs hold talks in Beijing

https://nation.com.pk/18-Apr-2018/pakistan-chinese-naval-chiefs-hold-talks-in-beijing
Pakistan, Chinese naval chiefs hold talks in Beijing

April 18, 2018
ISLAMABAD - Chief of Naval Staff Admiral Zafar Mahmood Abbasi who is on an official visit to China has met his Chinese counterpart Vice Admiral Shen Jinlong in Beijing and exchanged views on naval cooperation and regional security situation.Pakistan Navy spokesperson said on Tuesday that issues relating to professional matters including bilateral naval collaboration and security environment in the Indian Ocean region were discussed during the meeting. The spokesperson further said that various avenues of cooperation between the two navies were also focused.A comprehensive briefing on People’s Liberation Army Navy (PLAN) was given to Admiral Zafar Mahmood Abbasi.  Admiral Abbasi highlighted Pakistan’s commitment and contributions in the fight against terrorism including participation of the Pakistan Navy in the multinational taskforces a…

LOGINSUBSCRIBE CompaniesMobilityFinancePoliticsOpinion CHINA FIRST EU ambassadors band together against Silk Road EU ambassadors to Beijing warn that China’s Silk Road project flouts international transparency norms and is aimed at furthering Chinese interests. The paper reflects Beijing’s strategy to divide the bloc. ByDana Heide,Till Hoppe,Stephan ScheuerandKlaus Stratmann Published onApril 17, 2018 12:00 pm AUDIO PDF No compromises. Source: DPA Twenty-seven of the 28 national EU ambassadors to Beijing have compiled a report that sharply criticizes China’s “Silk Road” project, denouncing it as designed to hamper free trade and put Chinese companies at an advantage. The report, seen by Handelsblatt, said the plan, unveiled in 2013, “runs counter to the EU agenda for liberalizing trade and pushes the balance of power in favor of subsidized Chinese companies.” The unusually biting contents, which only Hungary’s ambassador refused to sign, are part of the EU’s preparations for an EU-China summit in July. The EU Commission is working on a strategy paper to forge a common EU stance on China’s prestige project to build roads, ports and gas pipelines to connect China by land and sea to Southeast Asia, Pakistan and Central Asia, and beyond to the Middle East, Europe and Africa. The new Silk Road will run through some 65 countries in six economic corridors. “We shouldn’t refuse to cooperate but we should politely yet firmly state our terms,” said one high-ranking EU diplomat, adding that Chinese firms must not receive preferential treatment in the awarding of public contracts. One German economics ministry official said the Silk Road initiative “must take account of the interests of all participants” and was still a long way off. Chinese politicians have been banging the drum for the vast project, officially called “One Belt, One Road”. They’re mobilizing around $1 trillion in what would be the biggest international development program since the US launched the Marshall Plan after World War Two.  “China’s ‘One Belt, One Road’ will be the new World Trade Organization – whether we like it or not,” CEO of German industrial giant Siemens, Joe Kaeser, told the World Economic Forum in January. In their report, the ambassadors wrote that China wanted to shape globalization to suit its own interests. “At the same time the initiative is pursuing domestic political goals like the reduction of surplus capacity, the creation of new export markets and safeguarding access to raw materials,” it read. They warned that European companiescould fail to clinch good contracts if China isn’t pushed into adhering to the European principles of transparency in public procurement, as well as environmental and social standards. EU officials said China was trying to divide Europe to strengthen its hand in relations with individual member states. Countries such as Hungary and Greece, which both rely on Chinese investment, have in the past shown they’re susceptible to pressurefrom China. Whenever European politicians travel to China nowadays they’re put under pressure by their hosts to sign agreements for the joint expansion of the Silk Road. “This bilateral structure leads to an unequal distribution of power which China exploits,” their report said.  The Silk Road isn’t the only issue between the EU and China right now. Like US President Donald Trump, the EU is also fed up with the obstacles China has put up for foreign investors, including the forced transfer of know-how to Chinese partners. But the bloc isn’t resorting to one-sided tariffs to push China to open its markets. Instead, it’s working in an investment agreement with China. Progress has been painfully slow, but the EU hopes the looming global trade war may speed up the talks. Negotiators from the two sides plan to meet this week. One EU diplomat said China was very good at exploiting grey areas in WTO law on the protection of intellectual property, for example, and didn’t shy away from breaking rules. “When we point that out to our Chinese negotiating partners they always show a lot of understanding but in reality hardly anything changes,” the diplomat said. In a speech last week, President Xi Jinping said the Silk Road project “isn’t a Chinese conspiracy as some people abroad claim.” China, he insisted, has no intention of playing “self-serving geopolitical games.” However, China has yet to provide exact information on which foreign firms have so far directly benefited from the Chinese development program. The $40 billion Silk Road Fund was set up in 2014 to invest in countries along the road but it’s unclear who is eligible for investment, and on what terms. A German study released in February by the government’s GTAI foreign trade and investment marketing agency and the Association of German Chambers of Commerce and Industry concluded that the Silk Road project was often focused on politically unstable countries with uncertain legal frameworks. GTAI’s managing director said that around 80 percent of projects funded by Chinese state banks had gone to Chinese companies in the past. German government papers seen by Handelsblatt indicate that China isn’t interested in transparency when it comes to procurement. Last May, when former Economics Minister Brigitte Zypries traveled to Beijing for the grand launch of the Silk Road initiative, she and other EU officials were meant to sign a joint declaration with the Chinese government. It didn’t happen. The Europeans wanted to change much of the agreement’s wording, saying it should guarantee “equal opportunities for all investors in transport infrastructure” as well as international standards of transparency. The Chinese refused to incorporate any amendments. Dana Heide is a political correspondent for Handelsblatt in Berlin. Till Hoppe is Handelsblatt’s Brussels correspondent. Stephan Scheuer is the head of Handelsblatt’s features desk. Klaus Stratmann covers energy policy and politics for Handelsblatt in Berlin. To contact the authors:heide@handelsblatt.com, hoppe@handelsblatt.com, scheuer@handelsblatt.com and stratmann@handelsblatt.com We hope you enjoyed this free article. Subscribe today and get full access to market-moving news in Europe's leading economy. SUBSCRIBE NOW LOGIN    by Taboola  Recommended  YOU MAY LIKE MOBILITYGermany wants to make Trump a trade offer he can't refuse AD BUY AT DROOMNow buying a vehicle is as easy as pie. POLITICSIs Germany turning on Russia? AD FLINTO BOXResearch Shows 89% Of 2-11yr Kids Addicted To Gadgets. Take Quiz OPINIONEconomic imbalances: Get your act together, EU tells Germany AD BLOOMBERGQUINTWhy Gold is the top choice for investment. Learn here. Related Articles 1NEW FRIEND NEEDED How Donald Trump drives Europe towards China 2NI HOW? Germany’s China syndrome 3CHINESE TRADE Mittelstand learning to profit from China’s new Silk Road 4EUROPEAN POSITION Macron warns China over Silk Road project 5GERMAN CONCERNS Eastern Europe cozies up to China Share This Article  Handelsblatt is your window to European business and politics. More than 260 journalists in 35 countries are dedicated to this mission. Every day, over a million people read Handelsblatt, the paper of record for the German business community. Handelsblatt is part of Dieter von Holtzbrinck Media, which also owns WirtschaftsWoche, the country’s most-read business weekly. READ THE WHOLE STORY Partner up with Handelsblatt Learn how Handelsblatt can help your company reach its communication targets THE B2B SOLUTION NewslettersRSS 2.0Atom About usShopSales Legal informationTerms of Service and Data Protection PolicyEmail the editorFAQ Customer Service: +49-211-8872727 · 8:00-18:00 CEST
 service@handelsblattglobal.com  Copyright © 2018 Handelsblatt GmbH. All Rights Reserved.
 COOKIE NOTIFICATION Handelsblatt Global uses cookies to make this website better. You can change your 

https://global.handelsblatt.com/politics/eu-ambassadors-beijing-china-silk-road-912258


CHINA FIRSTEU ambassadors band together against Silk RoadEU ambassadors to Beijing warn that China’s Silk Road project flouts international transparency norms and is aimed at furthering Chinese interests. The paper reflects Beijing’s strategy to divide the bloc.ByDana Heide,Till Hoppe,Stephan ScheuerandKlaus StratmannPublished onApril 17, 2018 12:00 pmAUDIOPDFNo compromises. Source: DPATwenty-seven of the 28 national EU ambassadors to Beijing have compiled a report that sharply criticizes China’s “Silk Road” project, denouncing it as designed to hamper free trade and put Chinese companies at an advantage.The report, seen by Handelsblatt, said the plan, unveiled in 2013, “runs counter to the EU agenda for liberalizing trade and pushes the balance of power in favor of subsidized Chinese companies.”The unusually biting contents, which only Hungary’s ambassador refused to sign, are part of the EU’s prepa…

China: HARBORED AMBITIONS

https://c4ads.org/reports/
April 17, 2018HARBORED AMBITIONSREAD MOREOver the last decade, China has significantly increase its global investments, particularly in international and maritime infrastructure. Chinese firms have pledged billions of dollars to develop maritime ports and related projects across the Indo-Pacific Region since China announced its strategy to increase global trade connectivity through the Belt and Road Initiative (BRI).  The BRI, China's guiding foreign policy doctrine and one of the most ambitious economic initiatives in modern history, is portrayed by Chinese leaders as creating win-win economic development for all nations. Yet, some states questions whether China's infrastructure investments are driven by strategic interests.  This report evaluates China's maritime infrastructure investment goals in the Indo-Pacific within the context of both policy from official documents and analyses from state- and Communist Party-affiliated publications

China's Silk Road plan serves Beijing security goals

http://www.dailymail.co.uk/wires/ap/article-5625419/Chinas-Silk-Road-plan-serves-Beijing-security-goals.html
China's Silk Road plan serves Beijing security goalsBy Associated Press13:51 BST 17 Apr 2018, updated 13:56 BST 17 Apr 2018Latest From MailOnline
HONG KONG (AP) - A massive Chinese infrastructure program that Beijing says is aimed at promoting global trade and economic growth is actually intended to expand the country's political influence and military presence, according to a report issued Tuesday.The report by the U.S.-based research group C4ADS questions China's portrayal of the trillion-dollar program, called the "Belt and Road Initiative," as strictly meant to promote economic development.President Xi Jinping's signature foreign policy program, it is working to reinforce China's links to Southeast Asia, Europe and Africa through networks of roads, ports, railways, power plants and other infrastructure projects.FILE - In this May 14, 2017, file p…

Balochistan’s failing education system

https://dailytimes.com.pk/229229/balochistans-failing-education-system/



Ali Jan MaqsoodAPRIL 17, 2018Education is the basic need for the development of any society and a lack of it causes backwardness, ignorance and among various other problems. The basic purpose of education is to instill the idea of being good and making everyone look good among the learners.Balochistan is the largest province of Pakistan geographically, covering 45% of the national territory. However, the educational system in the province is the worst with only 12,500 primary, middle and high schools with more than 7,000 schools out of the total number consisting of a single room and a single teacher.The situation in the remaining schools is worse as there are no rooms or teachers to cater student needs.The literacy rate of the males in the province is 39 percent and females is 29 percent only, which is the worst in the country. Nearly 66 percent of the children at the age of 5 to 16 are out of schools and are enro…

Thousands of Pakistani students see their dreams coming true in China

http://www.globaltimes.cn/content/1098279.shtml

Thousands of Pakistani students see their dreams coming true in ChinaSource:Xinhua Published: 2018/4/17 9:14:574Rabbiya Saba, 19, from Pakistan's east Punjab Province, has started her school in China's Sichuan Province to pursue a bachelor's degree in medicine. She said she adjusted to life in China much earlier than expected mainly due to the hospitality of the Chinese people."I don't feel China is a 'foreign country.' We get great respect here. We have a separate class of 50 students in the university here. Most of our teachers are also Pakistanis so there is no language or cultural barrier here. We feel very comfortable in our classes and dormitories," Saba told Xinhua from Sichuan through WeChat.Saba said many of her friends who went to high school with her in Pakistan are also pursuing medical degree from various universities in China.Apart from Saba and her friends, there are some 22,000 Pakistani s…

Corruption could harm CPEC goals: Forbes

https://www.thenews.com.pk/print/305830-corruption-could-harm-cpec-goals-forbes
Corruption could harm CPEC goals: ForbesListenNEW YORK: China has been nice to Pakistan, on the surface that is. It has been building the China Pakistan Economic Corridor (CPEC), which will connect Western China with the Indian Ocean.Forbes magazine writes that CPEC could certainly benefit Pakistan, helping the country make a big step forward, from an emerging to a mature economy, creating a lot of jobs in the process.But it could hurt Pakistan, too. Like adding to Pakistan’s corruption, which keeps pushing the costs of the project higher by the day, making Pakistan more indebted to China, which has been financing the project.Rising indebtedness comes at a time when the country is already living beyond its means, as evidenced by persistent current account deficits, government debt, and external debt. Pakistan recorded a Current Account deficit of 3867 USD million in the fourth quarter of 2017, according to …

Pakistan, China journalists look forward to enhanced cooperation for CPEC's success By

https://www.geo.tv/latest/191552-pakistan-china-journalists-look-forward-to-cooperation-for-cpecs-successZafar HussainTuesday Apr 17, 2018
BEIJING: A delegation of All Pakistan Newspaper Society (APNS) has been on a visit to China where journalists from both countries would deliberate over enhancing cooperation for the success of China-Pakistan Economic Corridor (CPEC).Pakistani media delegation participated in a seminar about the Belt and Road initiative in Beijing on Tuesday highlighting the importance of China-Pakistan Economic Corridor (CPEC), which is not only beneficial for both the counties but also successful a model for the world.The seminar on 'Belt and Road and building a community with shared future for China and Pakistan' was jointly organised by Guangming Daily and Jang Media Group.Pakistani media delegation arrived in China on Monday as part of efforts to promote cooperation between the media industries of the two countries.During its four-day stay in China, the …

Pashtun Tahafuz Movement in Pakistan; A fight for basic Human Rights

https://www.efsas.org/commentaries/pashtun-tahafuz-movement-in-pakistan;-a-fight-for-basic-human-rights/
Pashtun Tahafuz Movement in Pakistan; A fight for basic Human Rights13-04-2018On 8 April 2018, a 26-year-old human right activist Manzoor Ahmad Pashteen, from the Federal Administered Tribal Areas (FATA) in Pakistan, held an impassionate speech during a huge rally in Peshawar, Pakistan. Manzoor Pashteen, leader of the Pashtun Tahafuz Movement (PTM - Pashtun Protection Movement), demanded basic human rights for the Pashtun community in Pakistan and release of enforced disappeared persons abducted by Pakistan’s powerful intelligence agencies. He stressed that he believed in the rule of law and his demand comprised of presenting the enforced disappeared persons in Court, which should be the only authority to ascertain whether they are guilty for their alleged crimes.The PTM, since their first peaceful protest on 26 January 2018, after the extra-judicial killing of an innocent youth, Na…

UK Houses of Parliament emblazoned with projection raising human rights issue in Balochistan

UK Houses of Parliament emblazoned with projection raising human rights issue in Balochistan ahead of Commonwealth Heads of Government Meeting in London.*(Current Balochistan)*
Last night 17 March, the World Baloch Organisation (WBO) organised a projection over the UK Houses of Parliament that read “Commonwealth Nations must question Pakistan over enforced disappearances in Balochistan” and “Pakistan must answer for crimes against humanity”The WBO’s latest initiative comes as the city hosts the biennial summit – the Commonwealth Heads of Government Meeting (CHOGM). The summit brings together heads of governments, ministers and global business leaders from 53 nations to discuss and promote prosperity, democracy and peace. The projection aims to catch the attention of Commonwealth leaders and urge them to contribute in ending the widespread abuse of human rights in Balochistan.A representative of the organisation, Bhawal Mengal said “ The human rights situation in Balochistan is worsenin…

4,000 Pakistanis handed over to foreigners for dollars’

https://www.thenews.com.pk/print/305317-4-000-pakistanis-handed-over-to-foreigners-for-dollars

ListenISLAMABAD: National Accountability Bureau (NAB) Chairman and National Commission for Enforced Disappearances President Justice (retd) Javed Iqbal on Monday said that during former president General (retd) Pervez Musharraf’s tenure, over 4,000 Pakistanis were handed over to foreigners for dollars, local media reported.Briefing the National Assembly's Standing Committee on Human Rights over the issue of missing persons in the country, Javed Iqbal said that 70 percent of the missing individuals were involved in ‘militancy’ and that the recovered individuals “were too scared to open up about their experiences”.Speaking about the missing Muttahida Qaumi Movement (MQM) workers, the commission chief said, “MQM showed no interest in recovery of their missing workers. “MQM had its government but did not take the case of missing persons in Sindh seriously. The MQM workers who went missing two…

Rs8.27 trillion irregularities found in govt accounts

https://www.dawn.com/news/1402111

Malik AsadUpdated April 17, 2018

ISLAMABAD: The Auditor General of Pakistan (AGP), Javaid Jahangir, has claimed that during the audit year 2017-18 auditors pointed out irregularities amounting to Rs8.276 trillion in the accounts of the federal government.It may be mentioned that this figure is almost double the amount allocated for the fiscal year’s federal budget that is Rs4.75tr.The AGP further claimed that irregularities amounting to Rs1.156 trillion were pointed out in the accounts of provincial governments.Mr Jahangir made these claims while chairing a recent meeting of the policy board of the Department of Auditor General of Pakistan (DAGP).ARTICLE CONTINUES AFTER ADAGP claims accounts of provincial governments show Rs1.15tr irregularities

Considering the importance of reaching out to stakeholders, the DAGP had always highlighted partnership as its key core value, he said, adding that the department sought better relationship with its stakeholders…

China's ‘Silk Road’, seen to fund Philippine infrastructure, hits snags

https://www.philstar.com/headlines/2018/04/17/1806807/chinas-silk-road-seen-fund-philippine-infrastructure-hits-snags-report
China's ‘Silk Road’, seen to fund Philippine infrastructure, hits snags — report10SHARES000Ian Nicolas Cigaral (philstar.com) - April 17, 2018 - 2:45pmMANILA, Philippines — Philippine President Rodrigo Duterte attended the China-sponsored “One Belt, One Road” Summit in Beijing last year, signalling Manila's interest in the multibillion-dollar fund earmarked by the Asian power for the infrastructure initiative aimed at linking Asia, Africa, and Europe.But there’s one problem: China’s ambitious plan to revive an ancient “Silk Road” is reportedly facing a serious financing obstacle, while attracting private investors to take part in the initiative remains a challenge.According to a report by the South China Morning Post dated April 16, funding infrastructure projects along countries in the Silk Road would be a hurdle, as these nations' debt levels are “f…

Japan signals interest in China's One Belt, One Road initiative

By Elizabeth Shim
April 16, 2018 at 10:45 AMChinese Foreign Minister Wang Yi (C-L) and Japan’s top diplomat Taro Kono (C-R) during a high-level Japan-China economic dialogue in Tokyo on Monday. Photo by Tomohiro Ohsumi/EPA-EFESign up for our weekly Korea Now newsletterAn exclusive report putting perspective on the week's most important developments.April 16 (UPI) -- China and Japan rarely see eye to eye, but the two sides are increasingly cooperating on issues of trade.U.S. President Donald Trump has threatened to raise tariffs on Chinese goods and withdrew the United States from the Trans-Pacific Partnership -- a move he is seeking to reverse in an upcoming summit with Japanese Prime Minister Shinzo Abe.U.S. flip-flopping on trade issues may have served as the backdrop to an economic dialogue in Tokyo on Monday, between Japanese Foreign Minister Taro Kono and his Chinese counterpart Wang Yi, according to NHK and other Japanese media.Kono later told Japanese reporters the two si…