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Showing posts from August 4, 2018

IMRAN KHAN’S PAKISTAN

IMRAN KHAN’S PAKISTANSunday, 05 August 2018 | Ashok Behuria | in AgendaThe cricketer-turned politician’s charisma has finally worked in Pakistan. What remains to be seen is how he will address the outstanding issues with India. Will he, as a favourite of the Army, make it understand the value of giving peace a chance? Or will he just toe the line?Imran Khan sprung a surprise in the 14th General Elections in Pakistan held on July 25 this year. After 22 years in wilderness, he finally managed to make his charisma work in electoral politics. A man of many parts — ace cricketer, philanthropist, rabble-rouser, eternal optimist with a colourful life — Imran is due to take over the reins of the new Government in Islamabad soon. The election results proved many Pakistan watchers in India wrong. As much as they were guided by opinion polls to argue that Imran’s Pakistan Tehreek-e-Insaf (PTI) was closing the gap with Nawaz Sharif’s Pakistan Muslim League (PML-N), they hardly believed that the a…

In a bid to counter China, US pledges $300 mn for security in Indo-Pacific

IANS | Singapore | Last Updated at August 04 2018 19:43 IST
Mike Pompeo | Photo: Reuters
US Secretary of State Mike Pompeo on Saturday announced a new $300 million fund for security cooperation in the Indo-Pacific region where Washington and Beijing are competing for influence."As part of our commitment to advancing regional security in the Indo-Pacific, the US is excited to announce $300 million of new funding to reinforce security cooperation throughout the entire region," Pompeo told a press briefing on the sidelines of a meeting of Foreign Ministers from the 10-member Association of Southeast Asian Nations (Asean) in Singapore.The new security assistance is designed for maritime security, humanitarian assistance and peacekeeping capabilities, and countering transnational threats, Efe news reported.–– ADVERTISEMENT ––"This new security assistance will advance our priorities, especially strengthening maritime security, developing humanitarian assistance and peacekeeping…

Belt and Road loans up 37% at Export-Import Bank of China

New Silk Road projects receive $19bn from lender in first half of this yearAugust 04, 2018 22:19 JSTSHANGHAI (Reuters) -- The Export-Import Bank of China (Eximbank) said its outstanding loans to Belt and Road Initiative projects rose 37 percent in the first half of this year from the same period in 2017, the official Xinhua News Agency said on Saturday.President Xi Jinping's Belt and Road Initiative, unveiled in 2013, aims to bolster a sprawling network of land and sea links with Southeast Asia, Central Asia, the Middle East, Europe and Africa.A total of 130 billion yuan ($19.03 billion) worth of loans for projects discussed at the Belt and Road Forum for International Cooperation last year have all been disbursed, Xinhua reported the bank saying.The policy bank said it has increased financial support for manufacturing improvements, energy conservation and green finance. Hu Xiaolian, chairman of the bank, said the lender would maintain reasonable growth in the second half of the y…

CHINESE HANDLING OF KAZAKHS A BUMP IN BELT AND ROAD

BY EDUARD FERNÁNDEZ4 AUG 2018Astana’s economic ties with Beijing leave it with a headache in dealing with public anger over the internment of its nationals in Xinjiang’s ‘re-education centres’Police patrol the streets of Kashgar in China’s Xinjiang Autonomous Region. Photo: AFPKazakhstan’s government is facing growing popular resentment against China, one of its major economic partners, as accounts emerge of Chinese-Kazakhs and Kazakh nationals being sent to “political re-education camps” in China’s Xinjiang region.In a widely followed case, a Kazakh court on Wednesday allowed an illegal Chinese immigrant to stay in the country after she gave details about an indoctrination centre in Xinjiang where she had been employed. “In China, they call it a political camp. Officially, this is a training centre where people study Chinese ideology. But in reality, it’s a prison in the mountains,” Sayragul Sauytbay, a Chinese of Kazakh ethnicity, told a court hearing in July, Radio Free Europe/Radi…

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 Chin…