Skip to main content


Showing posts from October 16, 2018

China wants to deepen economic ties in 16 European nations

Serbian President Aleksandar Vucic, right, and Chinese Transport Minister Li Xiaopeng attend a meeting of China and 16 countries of central and eastern Europe in Belgrade, Serbia, Tuesday, Oct. 16, 2018. The gathering focusing on transport is part of China's "New Silk Road" initiative to increase global influence through economic links and investment. (AP Photo/Darko Vojinovic). (Darko Vojinovic)October 16, 2018 at 7:16 AM EST - Updated October 16 at 9:42 AMBELGRADE, Serbia (AP) — China wants to boost its cooperation with central and eastern Europe, a Chinese government minister on Tuesday told officials from the region where China already finances projects as part of its bid for more global influence.Transport Minister Li Xiaopeng told officials from 16 European countries at a meeting in Serbia that improving economic and other relations is based on "complementary advantage" for both China and region."The current international situation is pretty complex,…

Belt and Road Initiative to benefit all

By Zhou Li | China Daily | Updated: 2018-10-17 07:59Photo: VCGOver the past four decades since reform and opening-up was launched, China has made brilliant achievements in both economic construction and opening-up; its social productivity and comprehensive national strength have risen significantly, and its status and influence in regional and world affairs have increased remarkably.All these achievements are based on its long-cherished philosophy of peaceful development. China has a profound historical and cultural foundation for its path of peaceful development. Adhering to peaceful development and opening-up for mutually beneficial and win-win cooperation has been written into China's Constitution and an established national development principle.Since the founding of new China, especially since the introduction of reform and opening-up, Chinese leaders have solemnly declared on many occasions that China will never seek hegemony no matter how developed it becomes. China has nev…

Pak Commissions Karachi's Biggest Ever Warship, Says 'Maritime Activity to Increase With CPEC'

The ship, named PNS Moawin, can provide overseas support during any humanitarian assistance and disaster relief.PTIUpdated: October 16, 2018, 10:15 PM ISTRepresentative image (Reuters)

Karachi: Pakistan Navy on Tuesday commissioned an indigenously built 17,000-tonne fleet tanker - the biggest warship ever constructed at Karachi Shipyard - to its fleet, strengthening the country's maritime defence.The ship named PNS Moawin was commissioned at the Pakistan Navy Dockyard during a ceremony attended by President Arif Alvi, Sindh Chief Minister Murad Ali Shah and Naval Chief Admiral Zafar Mahmood Abbasi, Dawn newspaper reported.
The ship is "capable of performing a variety of maritime operations including the provision of logistic support to other ships at sea by transferring fuel and other important military cargo," the paper said, quoting a statement issued by the navy's media wing.
"PNS Moawin can transport two helicopters," it said, adding that the ship can also…

Opinion | Pakistan’s IMF bailout is fighting against history

Imran Khan’s government will have to deal with deep-rooted structural problems in the country’s economyLast Published: Wed, Oct 17 2018. 04 38 AM ISTLivemintIllustration: Jayachandran/MintLast week, Pakistani Prime Minister Imran Khan inaugurated the New Pakistan Housing Project that aims to build five million houses. The next day, after weeks of dithering, his government began the formal process of approaching the International Monetary Fund (IMF) for a bailout. The public housing programme represents a down payment on the promise of fiscal largesse that ran through Khan’s electoral campaign. It was an ill-considered promise that seems more so now in the cold light of the IMF’s inevitable preconditions.Back in 2016 when Pakistan completed its last IMF programme, it held over $18 billion in forex reserves. Those reserves have now halved to a level barely sufficient to cover two months’ imports. A $15 billion current account deficit (CAD) then is likely to grow to $20 billion this fisc…

Thanks to CPEC, Gwadar real estate business on the rise

ListenISLAMABAD: The real estate business in Gwadar is attracting investors from across the country as the city is being considered a business hub in near future soon after the completion of China-Pakistan Economic corridor (CPEC).The Gwadar Port City is the next best destination for investment in real estate as a huge area of privately-owned land is being utilized for housing societies in the city.Deputy Director Gwadar Development Authority (GDA), Changez Baloch told APP that real estate prices had been increased manifold during last few months.He said that business situation in Gwadar is getting change from past, adding; many people are taking interest to invest in the city as their investment is giving good return due to sharp increase of the value of land.He said the NOCs of all the investors who were violating the rules and regulations of GDA would be canceled, and they would not be able to start development work within the government-stipulated time frame.He said the GDA was co…

China vows to fight Indo-US propaganda against CPEC

| Says more Corridor projects planned

Salim BokhariOctober 17, 2018
BEIJING - The Chinese government as well as the Communist Party have taken a serious note of the negative propaganda unleashed by the Western and Indian media against the prospects of Pakistan-China Economic Corridor (CPEC). This reflected the nefarious designs of the American and Indian leadership.READ MORE: NAB team to meet FATF Asia-Pacific Group todayThis was stated here on Tuesday by Deputy Secretary General of the Communist Party and Director of State Council Information Ms Xi Yanchun while talking to a group of senior Pakistani editors and television anchors visiting China on an invitation of an organisation ‘Understanding China Better’. The delegation is headed by Dr Zaffaruddin Mahmood, a retired diplomat who spent two-third of his life in China.Ms Xi Yanchun said: “We are fully aware of moves to create misgivings about CPEC with an objective to create serious doubts in the minds of Chinese and Pakistani people…

Hunger strike camps completed for 3362 days for missing persons

The historical chain of struggle against oppressors and the ruling regime continues - Mama Qadeer BalochThe hunger strike set up in Quetta Press Club was completed 3362 days for the recovery of missing persons by Voice for Baloch Massing Persons. Political and social activists from Mastung Dil Murad Baloch and Deedag Baloch visited the camp to solidify the people of missing persons and martyrs with their companions.Talking to the delegation, Voice of Baloch-based Persons's Vice-President, Mama Qadeer Baloch, said that human history has been full of a tremendous struggle for the great martyr, who for the sake of achieving national movement, peace and social justice to speed up the evolution process. Presented their views against oppression and thousands of Baloch are present in the tourture cells today. the historical chain of struggle against oppression and the struggle against the ruler continues.He said that the seventh-years history of pakistan, Pakistan is t…

Current Balochistan: Conflict updates from the ground

KECH:-According to social media updates today at morning Pakistani forces conducted a operation in Machaat, Dasht and abducted 4 Baloch civilians namely Sher Jan S/o Sheh Jan, Faisal S/o Abdul Ghafoor and 2 brothers Moosa and Khaleel S/o Hamza.

MAND:-According to sources today at morning from Soro, Mand pakistani security forces abducted a 16 years old Baloch civilian namely Munaab S/o Abdullah R/o Hozai an area of Mand.

KECH:-According to sources, Pakistani intelligence agencies & security forces abducted two Baloch youth from Gold Market of Turbat, Kech. None of them have been identified yet. for more updates be await.

TUMP:-According to sources Today at early morning pakistani army conducted an operation in Pullabad an area of Tump, violent military personnel tortured women & children & abducted a Baloch civilian namely Salman S/o Hasil & Zabid S/o Sowal Mohmad.

PANJGUR:-According to sources a dead body was discover…

Xinjiang government defends re-education camps


International concern over Xinjiang’s re-education camps is growing. That is forcing the authorities to explain themselves.Xinhua published today a Q&A with Shohrat Zakir, chairman of the Xinjiang government, on “vocational education and training programs” in the region.So what happens in the camps?Detainees are taught Mandarin:“The trainees are taught in various methods suited to their literacy to raise their abilities to use the country's common language.”Then they are taught the law:“Legal experts are hired to lecture on the Constitution, the criminal law and the civil law, etc., and judges, prosecutors and lawyers are invited to teach the criminal law, the law on public security administration, the anti-terrorism law, the marriage law, the education law and Xinjiang's de-extremization regulations.”And finally they are taught vocational skills:“Courses on clothing and footwear making, food processing, electronic product assembly, typesetting and printing, h…

China launches its own navigation system

Navigation BDS should provide accuracy up to 2.5 m – almost 10 times more than the current GPS.China launched into space two more satellites for navigation system BDS. The new navigation may be a more accurate and functional GPS.The satellites flew into orbit from the Xichang launch site for launch vehicle Long March 3B.People’s Republic of China is developing its own navigation system BDS (BeiDou Navigation Satellite System), which should be an alternative to an American GPS.Navigation BDS should provide accuracy up to 2.5 m – almost 10 times more than the current GPS.The system will be important not only for army but also for the provision of communications services, cartography, montioring weather, search and rescue operations, etc. BDS even forms the basis for the Chinese industry of unmanned vehicles.The launch was held in the framework of the so called “Cosmic silk road” project of China to increase the profits from your satellite navigation.By 2020, China plans to install 35 me…

Caution, Cancellations, Protests as Concerns Grow on China's Belt and Road

October 15, 2018 8:21 PMBill Ide Joyce HuangFILE - Work in progress at the site of Pakistan China Silk Road in Haripur, Pakistan, Dec. 22, 2017.ShareSee commentsBEIJING — Concerns about debt diplomacy on China's expansive infrastructure megaproject — the Belt and Road — have become an increasing source of debate from Asia to Africa and the Middle East. In recent weeks, more than $30 billion in projects have been scrapped and other loans and investments are under review.Public opposition is also testing the resolve of ruling authorities from Hanoi to Lusaka, the capital of Zambia, as concerns about Chinese investment build.Malaysian Prime Minister Mahathir Mohamad delivers his speech during a rally for Anwar Ibrahim in Port Dickson, Malaysia, Oct. 8, 2018.In late August, Malaysia's newly elected Prime Minister Mahathir Mohamad canceled more than $20 billion in Belt and Road projects for railway and pipelines, and Pakistan lopped another $2 billion off plans for a railway follow…

China’s Belt and Road Initiative: The Sum of Messy Parts

October 16, 2018
By: Trissia WijayaChina’s Belt and Road Initiative (BRI) gives the impression of a well-orchestrated program. But the decentralized and fragmented nature of the Chinese state means that BRI can merely aggregate spontaneous and competing local initiatives. In many ways, BRI could easily become less than the sum of its parts.The Belt and Road Initiative (BRI) is the world’s largest transnational infrastructure project, with total expenditure estimated at about US$900 billion. It evokes strong attitudes among proponents and detractors. Is it economically viable or does it create debt traps in developing countries? Does it encapsulate China’s predatory interests or exercise of responsible power?What has been sidelined in the debate is the endogenous nature of Chinese political economy. The initiative has been trapped at a crossroads by internal political forces and simultaneously illustrated an internationalization of home-grown reform driven by erratic policy-making and …

Balochistan CM orders inquiry into Gadani fire 

October 15, 2018Zaheer ZarfBalochistan chief minister has taken notice of the fire at Gadani shipbreaking yard on Sunday, in which seven labourers were injured.Jam Kamal has even summoned a report, asking for the authorities to take strict action against those responsible. MNA Danish Kumar has started an investigation into the case. He remarked that the government will pay the treatment expenses of the injured. The labourers will also be given Rs0.1 million each.“The case is being investigated from all angles,” he told SAMAA Digital. Kumar said that the government has learnt a lot from their past mistakes.Shipbreaking association chairperson Rizwan Deewan said that an emergency meeting was called after the fire, and a committee has been formed.  The committee will comprise members of labour, and environment departments. He negated the speculation that labourers are pressurised to complete their work early.On Sunday, a fire broke out in a ship in Plot 10. “Five people suffered minor in…

PM pledges going extra mile for Balochistan uplift

Our Staff ReporterOctober 16, 2018
ISLAMABAD - Prime Minister Imran Khan said that development of Balochistan is development of Pakistan and his government would bring marked change in the lives of the people of the province.READ MORE: US defence chief Mattis says Trump is '100 percent' with himHe was talking to Chief Minister Balochistan Jam Kamal who along with MPs from the province called on him at the Prime Minister’s Office Monday.The issues relating to the province with specific focus on law and order situation and ongoing development schemes were under the spotlight. The premier assured the MPs from Balochistan that government was committed to the development of the province and all the promises made by his government would be fully honoured.Sources aware of the deliberations of the meeting told The Nation that Balochistan CM Jam Kamal took the PM into confidence on the growing resentment among the Parliamentarians from the province, particularly the members of Balochist…

High-level Chinese agri experts discuss agriculture opportunities under CPEC

October 16, 2018

Staff ReporterIslamabadA delegation of the Ministry of Agriculture and Rural Affairs (MARA) of China is paying an official visit to Pakistan from 13 to 18 October 2018. Six member delegation headed by Ma Aiguo, Chief Agronomist, Ministry of Agriculture and Rural Affairs (MARA) of China called on Makhdum Khusro Bakhtyar, Minister for Planning Development and Reforms, held wide ranging talks with Dr. Yusuf Zafar, Chairman, Pakistan Agricultural Research Council (PARC) and Director General, NARC, interacted with Dr. Shahid Rashid, Executive Director, Centre of Excellence for CPEC, besides having many other engagements. The delegation discussed genetically modified seeds, livestock productivity, aqua and marine culture, use of modern machinery and productivity, marketing, e-commerce, export promotion and supply chain management related issues. Delegation visited different labs at PARC and discussed areas of mutual cooperation and agriculture development.
The China Pakistan…

China wary after Pakistan agrees to share CPEC details for IMF bailout, says request must be evaluated objectively

A sense of unease prevailed in Beijing since the Imran Khan-led government started taking a critical look at the CPEC projects in view of the difficult financial situation faced by Pakistan.

File photo of Pakistan and China's national flags fly in the foreground as soldiers from both countries stand together for a group shot after holding joint military exercises in Jhelum, located in Pakistan's Punjab province.(REUTERS)Updated: Oct 16, 2018 10:03 ISTBy Press Trust of India, BeijingAs cash-strapped Pakistan approached the IMF for a bailout agreeing to share the details of huge Chinese loans obtained for the CPEC, a wary China on Monday said the global lender should “objectively and professionally” evaluate its investments and ensure that any financial package does not affect close ties between Beijing and Islamabad.Pakistan finance minister Asad Umar told the media on Sunday that Islamabad is ready to share details of the debt related to the China-Pakistan Economic Corridor (CP…

Pakistan’s IMF plea a symptom of China’s debt-trap diplomacy

By ALI SALMAN ANDANIOCTOBER 15, 2018 4:34 PM (UTC+8)00For Pakistan, its economic cycle starts with taking a bailout package from the International Monetary Fund and other international banks plus friendly nations and then, after utilizing the loans in a highly inefficient way, it ends up knocking on the doors of same entities for another bailout. Pakistan has to do something that every sovereign nation-state does: produce, export, save and consume efficiently.I wish I had Finance Minister Asad Umar’s phone number so that I could tell him personally how things should be made to work correctly. However, he is too busy nowadays handling a shaky economy, which is standing hopelessly on the verge of an ultimate collapse.The dailyReportMust-reads from across Asia - directly to your inboxOn Thursday, IMF managing director Christine Lagarde said at the 2018 International Monetary Fund and World Bank Group Annual Meeting at Nusa Dua, Bali, that the (so-called economic magician) finance ministe…