Skip to main content

Beijing's Belt and Road will change the face of South Asia


by Melani Manel Perera

For Prof Sumanasiri Liyanage, China’s growing presence in the region will increase tensions with India. Delhi and Washington are pressing smaller countries in the area, including Sri Lanka, to distance themselves from China. There are doubts about the benefits of the BRI for the poorest strata of the population.

Colombo (AsiaNews) – The Belt and Road Initiative (BRI) will change the geopolitical framework of South Asia, this according to Sumanasiri Liyanage, a former lecturer of political economy at the University of Peradeniya, currently an analyst and columnist and a member of the South Asia Peace Institute.

The initiative, launched in 2013 by Chinese President Xi Jinping to boost China's role in world trade, will increase tension in the macro-region.

For the scholar, “Beijing’s presence in the Indian Ocean is seen by India as a strategy of encirclement towards it. For this reason, Delhi and the US are putting pressure on the small nations of the area to distance themselves from Chinese projects.”

Sri Lanka is considered one of the key hubs in China’s sea ‘new Silk Road’. Since 2013, China has invested approximately US$ 8.5 billion in transport and logistics on the island.

Many observers see the country as a victim of China’s “debt trap”. On the basis of this strategy, Beijing grants loans to cash-strapped countries. unable to repay the debt, they are forced to sell national assets to the Asian giant.

In Sri Lanka’s case it is the port of Hambantota, whose construction was partially financed by China. In order to pay off the debt, Sri Lankan authorities leased it to a Chinese state-owned company for 99 years.

“The BRI is undoubtedly an attempt to build a new social space in western, central, southern and eastern Asia, linking them to Europe and Africa,” Sumanasiri Liyanage said.

“The massive influx of capital will certainly increase production, trade and income in the [Indian Ocean] region, but whether this will benefit the poorest strata of the population remains to be seen.”

“The impact of infrastructure-driven development is in fact mixed: during the construction phase, growth is significant, but later it is small.”


http://www.asianews.it/news-en/Beijing's-Belt-and-Road-will-change-the-face-of-South-Asia-51038.html

Comments

Popular posts from this blog

SSG Commando Muddassir Iqbal of Pakistan Army

“ Commando Muddassir Iqbal was part of the team who conducted Army Public School operation on 16 December 2014. In this video he reveals that he along with other commandos was ordered to kill the innocent children inside school, when asked why should they kill children after killing all the terrorist he was told that it would be a chance to defame Taliban and get nation on the side. He and all other commandos killed children and later Taliban was blamed. Muddassir Iqbal has deserted the military and now he is  with mujahedeen somewhere in AF PAK border area” For authenticity of  this tape journalists can easy reach to his home town to interview his family members or   ISPR as he reveals his army service number” Asalam o Alaikum: My name is Muddassir Iqbal. My father’s name is Naimat Ali. I belong to Sialkot divison (Punjab province), my village is Shamsher Poor and district, tehsil and post office  Narowal. Unfortunately I was working in Pakistan army. I feel embarrassed to tell yo

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میں Please help the deserving persons... Salary: Salary package in China–Pakistan Economic Corridor (CPEC) in these 300,000 jobs shall be on daily wages. The details of the daily wages are as follows; Welder: Rs. 1,700 daily Heavy Duty Driver: Rs. 1,700 daily Mason: Rs. 1,500 daily Helper: Rs. 850 daily Electrician: Rs. 1,700 daily Surveyor: Rs. 2,500 daily Security Guard: Rs. 1,600 daily Bulldozer operator: Rs. 2,200 daily Concrete mixer machine operator: Rs. 2,000 daily Roller operator: Rs. 2,000 daily Steel fixer: Rs. 2,200 daily Iron Shuttering fixer: Rs. 1,800 daily Account clerk: Rs. 2,200 daily Carpenter: Rs. 1,700 daily Light duty driver: Rs. 1,700 daily Labour: Rs. 900 daily Para Engine mechanic: Rs. 1,700 daily Pipe fitter: Rs. 1,700 daily Storekeeper: Rs. 1,700 daily Office boy: Rs. 1,200 daily Excavator operator: Rs. 2,200 daily Shovel operator: Rs. 2,200 daily Computer operator: Rs. 2,200 daily Security Supervisor: Rs.

Historical relationship between Kurd and Baloch.

      The Kurds are the ethnical group living in a region known as Kurdistan which is divided into Iraq, Syria, Turkey and Iran. They  are struggling for an independent region since decades and they are famous for their female guerrilla fighters.         On 25 September 2017, the referendum for an independent Kurdish region  was held in Iraq with a turn out of 72 %.    On this important occasion, the historical relation between Kurd and Baloch people is worth discussing.        When it comes to history, every nation tends to find its roots and origin. Same goes with the Baloch people. The Baloch people are always curious  about  finding their roots in history. Even if you  talk to a shepherd in Balochistan, he will be curious to talk about his  tribal or ethnical roots.       The Balochs have always conveyed the history to the next generations in different mediums like poems etc. No Baloch before 20th century had written books on  history  or origin of the Baloch nation .