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Showing posts from January 21, 2020

China, Myanmar tighten their Belt and Road ties

Asia Times
Xi Jinping inked 33 agreements during historic visit; many will prove difficult to actually implement ByTHOMPSON CHAU, YANGONC
Chinaand Myanmar agreed to accelerate several joint infrastructure deals and projects during President Xi Jinping’s historic visit to the country, giving new impetus to commercial relations that have revived under Myanmar leader Aung San Suu Kyi. Xi visited Myanmar on January 17 and 18, marking the first time a Chinese leader traveled to the Southeast Asian country in nearly two decades and coinciding with the 70th anniversary of the two sides establishing formal diplomatic relations.The two governments inked 33 agreements involving key infrastructure projects while agreeing to accelerate the implementation of the China-Myanmar Economic Corridor scheme, part of Beijing’s Belt and Road Initiative (BRI). Most significantly, the two sides agreed to concession and shareholder agreements for the China-backed port project at Kyaukphyu in central Rakhine state.…

China Renews Its ‘Belt and Road’ Push for Global Sway

Deals by Chinese companies to build ports, telecom networks and other infrastructure in poor countries have picked up, alarming some in the West.Image A construction project in Sri Lanka. In 2018, Sri Lanka had to give its major port to China after it could not repay loans.Credit...Adam Dean for The New York Times By Keith Bradsher Jan. 15, 2020 BEIJING — China’s big-money push to build ports, rail lines and telecommunications networks around the world — and increase Beijing’s political sway in the process — seemed to be running out of gas just a year ago.Now the program, called the Belt and Road Initiative, has come roaring back. Western officials and companies, for their part, are renewing their warnings that China’s gains in business and political clout could come at their expense.Chinese companies signed Belt and Road contracts worth nearly $128 billion in the first 11 months of last year, according to China’s Commerce Ministry, a 41 percent increas…

CPEC and economic revival

*Click the Title above to view complete article on https://nation.com.pk/.However, it is not clear how Pakistan will benefit from rail and road linkages and SEZs established under CPEC framework?2 days agoAhsan Munir Pakistan is a populous country –with a youth bulge, is in need of jobs. At present, our economy needs stimulus: some big economic projects which could provide jobs to the youth, consume local industries capacities and help improve local industries’ quality, productivity, and technology.READ MORE: Govt, Opposition approve Sikandar Sultan as new CEC China sponsored China-Pakistan Economic Corridor (CPEC) is one such project-with an investment portfolio of $60 billion, which could jump start our economy and has been heralded as ‘game changer’ for our economy. The CPEC project could be broken into two clear phases: first phase involves establishment of rail and road linkages from Gawadar to China, and establishment of SEZs along the CPEC. Second phase would involve generation o…

Myanmar's CMEC closely resembles Pakistan's CPEC

Updated 2020.01.20 10:57 GMT+8
CGTN Myanmar people welcome Chinese President Xi Jinping on the street in Nay Pyi Taw, Myanmar, January 17, 2020. /Xinhua Photo Editor's note: Andrew Korybko is a Moscow-based American political analyst. The article reflects the author's opinion, and not necessarily the views of CGTN.Chinese President Xi Jinping's visit to Myanmar over the weekend saw the two neighboring countries clinching 33 agreements to tighten their economic integration with one another. The framework through which these investments are being made, including the one to construct a deep sea port and establish a special economic zone in the coastal city of Kyaukphyu, is the China-Myanmar Economic Corridor (CMEC). In both spirit and strategic significance, CMEC very closely resembles the China-Pakistan Economic Corridor (CPEC), and that's not a coincidence either.Both projects and their host countries are integral components of China's Belt and Road Initiative (BRI) in…

Sindh to kick-start projects under CPEC

By ​ our correspondent
 Jan.21,2020 Top priorities include Karachi Circular Railway, Dhabeji SEZ and Keti Bunder development KARACHI: The Sindh government is keen to kick-start a number of projects under the China-Pakistan Economic Corridor (CPEC) and its top priorities include Karachi Circular Railway, Dhabeji Special Economic Zone and Keti Bunder Seaport development, said Sindh Chief Minister Syed Murad Ali Shah.Talking to a 22-member federal parliamentary delegation, led by MNA Sher Ali Arbab, the chief minister voiced hope that the federal government would support the provincial government in launching these projects.The meeting was aimed at reaching consensus on CPEC-related projects to be launched in Sindh.It was pointed out that a memorandum of understanding (MoU) had been signed between the Ministry of Planning, Development and Special Initiatives and China Development and Cooperation Agency in 2018. According to the agreement, all provinces will share their projects with the Cen…

Is China-Myanmar Economic Corridor turning out to be another CPEC?

Delhi Jan 21, 2020, 01.28 PM(IST) Written By: Major General S B Asthana Jinping in Myanmar Photograph:( Reuters ) FOLLOW US STORY HIGHLIGHTSChina’s inroads in Myanmar and Pakistan are a growing cause of concern as it helps Beijing to encircle India from both sides Chinese President Xi Jinping visited Myanmar on January 18 at a time when it was struggling with global criticism over its treatment of the Rohingyas.It is learned that the two countries signed 33 agreements, 13 of which were related to infrastructure, including special economic Zone, industrial park and a strategically important Kyaukpyu port in the Indian Ocean, giving a push to China- Myanmar Economic Corridor (CMEC). President Xi called CMEC a “priority among priorities” for the Belt and Road Initiative (BRI), which reminds of him using similar words for China Pakistan Economic Corridor (CPEC) a few years back. It must be noted that no new big-ticket deal has been signed, as Myanmar seems to be fairly cautious, learning from…

British High Commission brings the Great Debate to Balochistan

The GREAT Debate competition is taking place from December 2019 to March 2020 in 6 cities across Pakistan. Published 20 January 2020 From:British High Commission Islamabad Asmat Ullah from BUITEMS was the winner and Muhammad Umair from the University of Balochistan was the runner-up.The British High Commission continued the fifth edition of its GREAT Debate competition with a regional round at the Balochistan University of Information Technology, Engineering and Management (BUITEMS) in Quetta last week.The competition featured 27 students from 9 different universities across Balochistan. At the end of an intense competition, Asmat Ullah from BUITEMS was the winner and Muhammad Umair from the University of Balochistan was the runner-up.The GREAT Debate competition is taking place from December 2019 to March 2020 in 6 cities across Pakistan.Fouzia Younis, Director of Communication at the British High Commission said:I am delighted that we have brought our GREAT Debate competition to Baloch…

How blackmail, harassment forced Pakistani women from university

Al Jazeera. Many parents pull out their daughters from Balochistan University after CCTV footage was used to blackmail students.by Iman Sultan09 Jan 2020 GMT+3 Balochistan, Pakistan - Rahila* had missed the deadline to submit her application for admission to the University of Balochistan, and feared she would now have to wait for months before being able to apply again. A teacher at the pharmacy department, however, offered to help her submit her forms and gain admission to the university, the main institute for higher education in the southwestern Pakistani province after which it is named.More:Motorcycles help Pakistani women bypass harassmentPakistani media mogul rejects filmmaker's rape accusationOPINION: Pakistan's long #MeToo momentAfter she filled out the forms, however, she alleges the same teacher began to harass her by sending her text messages, mostly at night, and threatened to cancel her admission when she did not reply to him."From his words, I could tell his i…