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Showing posts from August 6, 2018

Raja Mandala: South Pacific Silk Roads

China is challenging the dominance of Australia and New Zealand in the region. India can increase its own impact by strategic collaborations.Written by C. Raja Mohan |Updated: August 7, 2018 12:12:05 amXIf India took its primacy in the Subcontinent for granted, so did Canberra and Wellington in the South Pacific. Now, all three are scrambling to deal with China’s projection of economic and political power into their backyards.India is not the only one struggling to cope with China’s Silk Road ambitions. Down under, Australia and New Zealand are finding that China has begun to undermine their long-standing dominance over the South Pacific. If India took its primacy in the Subcontinent for granted, so did Canberra and Wellington in the South Pacific. Now, all three are scrambling to deal with China’s projection of economic and political power into their backyards.The trend lines are quite similar. Consider, for example, Delhi’s concerns about the strategic implications of China’s port b…

Balochistan Reserve Seats In PU Lahore

By Saad Ullah KakarOn Aug 6, 2018 415 0Only 100 out of 15 thousands new admissions every year hail from Balochistan. These, such a pity no. of reserved seats that have been kept in various departments of Punjab University for the students of Balochistan are now being reduced by 50%. The rationale given about this is the violent nature of the e students who only come here to disturb the peaceful environment of University.One wonders there are several universities in Lahore that house thousands of students from Balochistan, however, have never complained the same. This might be because those students in other universities aren’t under attack from a respective extremist student organization such as Jamiat.Also the students from Balochistan have started coming to Lahore after the university offered them reserved seats as a bid to create harmony between the provinces and uplift the ailing education system of Balochistan, initially in 2011. But this university has long been drawn into contr…

Hakkpaan and BHRO Publish Report on Enforced Disappearances in Balochistan

The Human Rights Council of Balochistan and Baloch Human Rights Organisation have published their bi-annual report on the state of human rights in the Balochistan territory occupied by Pakistan. Focusing on the period between January and June 2018, the report lists an alarming number of enforced disappearances and extrajudicial killings perpetrated by Pakistani security forces against Baloch activists and civilians alike. 541 enforced disappearances and 135 extrajudicial killings have been documented, with the NGOs stating the real number is likely far higher. Activists are being silenced for daring to speak out for the rights of Baloch people, while Baloch villagers are being tortured and threatened with death if they do not leave their homes and relocate to new villages and towns, where are left to live in poverty and squalor. The report states many refuse to speak about their experiences both as a result of their trauma and due to fear of reprisals.The current human rights situatio…

Gwadar Port starts marble exporting business

GWADAR: Various Lorries fully loaded with marble arrived at Gwadar Port on August 5, 2018, showing Gwadar Port starts marble exporting business.This is a very good signal to the new Pakistani Government, which indicates the fully operationalization of Gwadar Port. It will not only supportive for releasing congestion problem at Karachi Port but will also bring more foreign currencies by increasing exports of Pakistani products, which are badly needed for the economic development of Pakistan.Mr. Zhang Baozhong, the Chairman & CEO of China Overseas Ports Holding Company Ltd. (COPHC), says since the majority of marbles are produced in Baluchistan province and the buyers are mainly Chinese businessman, it will be more economical and convenient to use Gwadar Port as the exporting port.With the view to support this business, COPHC will provide three (3) months free storage inside the port and many other incentives to marble exporters.He further mentioned that China Overseas Ports Holding…

Pak companies getting equal share in CPEC

ISLAMABAD: Since the beginning of the massive China-Pakistan Economic Corridor (CPEC) construction project, there has been occasional criticism, including some complaints that projects under the CPEC are only available for Chinese companies.But business leaders from multinationals and local Pakistani firms in Karachi paint a very different picture. Representatives say that both multinational companies, from Germany and the US, and local Pakistani companies have been actively involved in various CPEC projects and reaped opportunities as the flagship program under the China-proposed Belt and Road initiative continues."There's a lot of misconceptions that CPEC is only for Chinese companies which it is not… Many opportunities are available for non-Chinese companies as well," said Abdul Aleem, secretary general of the Overseas Investors Chamber of Commerce and Industry (OICCI), which represents over 200 companies from outside of Pakistan.Aleem told reporters at a media briefi…

ExxonMobil close to hitting huge oil reserves in Pakistan, bigger than Kuwait’s

Abdullah Hussain Haroon, Pakistan’s caretaker Minister for Maritime Affairs and Foreign Affairs, speaking at the Federation of Pakistan Chambers of Commerce and Industry. (AN photo)The US energy giant has drilled up to 5,000 meters near the Pakistan-Iran border, says Pakistan foreign ministerIf the oil deposits are discovered as expected, Pakistan will be among the top 10 oil-producing countries, ahead of Kuwait in sixth positionUpdated 05 August 2018KHURSHID AHMEDAugust 05, 2018 
KARACHI: The US energy giant ExxonMobil is close to hitting huge oil reserves near the Pakistan-Iran border, which could be even bigger than the Kuwaiti reserves, says Abdullah Hussain Haroon, Pakistan’s caretaker minister for maritime affairs and foreign affairs.ExxonMobil, the American multinational oil and gas company, has so far drilled up to 5,000 meters close to the Iranian border and is optimistic about the oil discovery, Haroon told business leaders at the Federation of Pakistan Chambers of Commerce a…

Three more go missing, two others released

Two formerly missing persons were released today, whereas, another three have been abducted by the Pakistani forces.According to the details received by the Balochistan Post, two brothers who were picked up allegedly by the security forces nine months ago from lasbela, have been released today.Faisal and Ali Dad, sons of Ali Bakhsh, are residents of ‘Kolowa’, but had reportedly moved to Lasbela because of continuous military operations in their ancestral village.They were living in Lasbela when Pakistani forces picked them up. They remained missing for nine months until they were released last night in Khuzdar city.In another news, two persons were allegedly taken away by the forces during military raids in Sibi and Panjgur.According to TBP correspondent, Doda Domki and Durru Domki were arrested by Pakistani forces and taken to an undisclosed location, during a military raid in Lehri town of Sibi.Whereas, Jumul s/o Dost Muhammad has was ‘whisked away’ by Pakistani forces from Gichk to…

Belt and Road Interview Series: Don Lewis on BRI's Legal Framework

Can you tell us about your background and move to specialize in Chinese law, what fascinates you about Chinese law?
Don Lewis: I would say I specialize in both Chinese law and international economic law – a useful combination for BRI. I began my formal study of Chinese law at the University of London in 1980 – about a year after the promulgation of the first five Chinese legal codes in 1979. I was among the first cohort of US Fulbright law professors to China in the mid-1980s. I then transitioned to Hong Kong and was a law professor at The University of Hong Kong Faculty of Law where I taught Chinese law and international economic law subjects for 23 years – before returning to my home state of California where I have taught at Stanford Law School and the University of San Francisco – most recently on China’s Belt and Road Initiative. I am currently teaching a Belt and Road law course at the China University of Political Science and Law (CUPL) for their international summer term. 
I am …

THE TIP SHEET: China Updates from TRIVIUM

Source: TRIVIUM CHINAHEARD IN BEIJING"The renminbi won’t break through 7, because it’s a psychological barrier.
- Sheng Songcheng, advisor to the PBoC
Some context: On Friday, the central bank intervened to prevent the currency from falling below 7 RMB to the dollar. That sent a signal to markets that rapid depreciation is off the table. More in the Tip Sheet below. 

THE TIP SHEETFINANCE & ECONOMICS1. China's financial regulatory overhaul is just getting started
China’s financial regulatory overhaul is kicking into high gear, Caixin reports:"After a series of top appointments last week, more personnel moves are on the way as China’s top financial regulatory bodies staff up to carry out clearly defined new organizational responsibilities.""The shakeup will affect thousands of regulatory employees by the end of this year, settling the dust of a sweeping government overhaul unveiled in March."Some context: Tip Sheet readers are well aware that the government …

Bailing out Pakistan

By Jed Babbin - - Sunday, July 29, 2018ANALYSIS/OPINION:Nuclear-armed Pakistan is not a model of stability. It just elected a new prime minister after a campaign that featured widespread violence and election day bombings. The apparent loser has alleged vote-rigging in favor of his opponent, who was supported by the omnipresent Pakistani army.That’s one half of the context in which the International Monetary Fund (IMF) will soon consider another financial bailout for Pakistan, which has benefited from a dozen of them since the 1980s.The other half is the fact that Pakistan’s economy is in shambles due to large-scale corruption and a growing debt crisis. The money it owes other nations and non-Pakistani entities is more than 30 percent of its GDP partly because of the extensive loans it has received from China to build parts of CPEC, the China-Pakistan Economic Corridor, by which China is building roads, power plants, railroads and military bases in Pakistan.Pakistan needs about anothe…