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Showing posts from January 29, 2020

How China's Belt And Road Became A 'Global Trail Of Trouble'

Forbes.com


Wade ShepardContributor Asia Sri Lanka’s Mahinda Rajapaksa, the ChineseTHARAKA BASNAYAKA/NURPHOTO VIA GETTY IMAGES China’s Belt and Road initiative (BRI), a network of enhanced overland and maritime trade routes better linking China with Asia, Europe and Africa began in 2013 with much fanfare and hope. Upwards of a trillion dollars were being put on the table to boost economic development in globalization’s final frontiers, Asia and Africa’s infrastructure gap was to be lessened, and the world’s second largest economy was taking more of an active role in international affairs with the prospect of creating a true multi-polar global power structure. With catchphrases like “a rising tide lifts all ships,” China stepped beyond its borders to an extent that hasn’t been seen for centuries—perhaps ever—and was welcomed by many emerging markets with open arms. But today, nearly seven years since the Belt and Road began, the story is much different, as in some markets Chinese investment …

Picture of the Day: Khan Kalat in US

China and Europe: BRI and the 17+1 Initiative

ValdaiClub.com

28.01.2020 Wang Yiwei © Reuters China’s internal market reform and China-EU cooperation concerning the reform of the open economy and the global governance mechanism will remain important issues with respect to bilateral economic and trade cooperation. The Europeans may worry that the agreement between China and the US will harm their interests. However, both sides have stated that China hasn’t promised the US any exclusive advantages and everything was done according to WTO rules.China-EU cooperation in the framework of the Belt and Road initiative (BRI) should not be understood in geopolitical terms. China has never labelled the BRI a geopolitical strategy. Chinese does not see the world from a geopolitical perspective. Our thinking patterns emphasise harmony and cooperation. Moreover, the concept of “interconnection” is also opposed to geopolitics. The BRI has helped us stop seeing things in geopolitical terms. This is because the BRI is based on the comprehensive connec…

A Mayor In Norway's Arctic Looks To China To Reinvent His Frontier Town

NPR.ORG

January 18, 202010:39 AM ET LISTEN·4:094-Minute Listen Toggle more options Rune Rafaelsen walks toward the harbor of Kirkenes, Norway. Rafaelsen is the mayor of a municipality including this town of about 3,500 people in the far northeastern corner of Norway, close to the Russian border. Claire Harbage/NPR Looking out across a foggy harbor toward a peninsula jutting off the Norwegian coast, Rune Rafaelsen has a bold plan that could raise the profile of his remote Arctic town — with a little help, he hopes, from China.He is the mayor of Sor-Varanger, a municipality in the far northeast corner of Norway, close to the Russian border. His office is in the small town Kirkenes — population a little over 3,500 — which overlooks the icy gray Barents Sea.Rafaelsen loves the view: "It's a very nice view, especially in the summer when you have the midnight sun is not going down in the horizon. You can see the sun all 24 hours." Kirkenes is known for its views …

Saudi prince arriving in Balochistan to hunt houbara bustards: officials

SAMAA |  - Posted: Jan 29, 2020 | Last Updated: 6 hours ago
A hunting falcon preys on a houbara bustard. (File photo: AFP) Governor of Tabuk Prince Fahad bin Sultan Al-Saud is arriving in Balochistan next week to hunt houbara bustards, officials said.According to the Balochistan government officials, the Saudi prince will stay in Chaghi’s Dalbandin area for three weeks. All arrangements have been made in this regard.On Wednesday, Chaghi Deputy Commissioner Fateh Khan held a meeting to review security arrangements regarding the arrival of the Saudi prince. The meeting decided that personnel of the Anti-Terrorism Force, Levies and police will be deployed in the area for security.According to a report published in Daily Dawn, the Tabuk governor had hunted 2,100 houbara bustards in 2014 in his 21-day stay in Chaghi.The report had said that he had also indulged in illegal hunting in protected areas.

Two fishermen drown near Gwadar

GWADAR: Two fishermen drowned on Wednesday when a fishing vessel met with an accident in the Arabian Sea near Gwadar port.Official sources said that five fishermen went for fishing in the Sarbandan area of Gwadar, but while moving towards the open sea their vessel met with an accident.The deceased were identified as Khuda Bakhsh and Dad Mohammad, who was driving the vessel.
A team of Pakistan Navy reached the scene soon after the accident and rescued three fishermen.All the fishermen belonged to the port city of Gwadar.Published in Dawn, January 30th, 2020

Doctrine, Policy, And Strategy: in the US-China trade war, the US may have to concede more!

DailyTimes.Com.pk

Imagine this: two alpha students fighting in the playground, the whole school is distracted, teachers are running around to separate the two, it is a difficult and challenging time for everyone. In the geo-political arena, this is similar to how trade wars work! What is a trade war? A trade war happens when one country imposes tariffs or quotas on imports from other countries and foreign countries retaliate in a similar way. In policy jargon, this is called protectionism. Prior Op-eds have already established that policy is a galvanizing vision that describes the end goal. However, in this case trade war – as one of the strategies executing the policy of protectionism – will undermine the one thing that all parties involved are trying to achieve. Bring prosperity and growth to their country! This is because as trade war escalates, it reduces international trade – the lynchpin for prosperity and growth!There have been many trade wars in the past then why the current US-…

The Indo-Pacific Vs. the Belt and Road: Nepal’s Great MCC Debate

TheDiplomat.com

A $500 million grant under the U.S. Millennium Challenge Corporation faces opposition within Nepal’s ruling party. By Kamal Dev Bhattarai January 30, 2020 Nepal’s Minister of Finance Gyanendra Bahadur Karki, seated left, and acting CEO of Millennium Challenge Corporation Jonathan Nash, seated right, sign the Nepal Compact on Sept. 14, 2017 in Washington, D.C.Credit: Photo by Steve Ruark for MCCADVERTISEMENT Nepal, which is in the club of Least Developed Countries (LDC), aspires to become a middle-income country by 2030. To achieve that goal, it desperately needs massive international investment in the form of both grants and loans. Yet despite that, the United States’ $500 million grant under Millennium Challenge Corporation (MCC) — one the largest U.S. grants in recent history for the development of energy infrastructure and road maintenance in Nepal — has faced opposition inside the ruling Nepal Communist Party (NCP).The MCC, describes itself as an “independent U.S. forei…

The Future of Chinese Foreign Economic Policy Will Challenge U.S. Interests

Jamestown.org

The Future of Chinese Foreign Economic Policy Will Challenge U.S. Interests, Part 1: The Belt-and-Road Initiative and the Middle Income TrapPublication: China Brief Volume: 20 Issue: 2By: Sagatom SahaJanuary 29, 2020 09:52 AM Age: 8 hoursImage: PRC Premier Li Keqiang (center) presides over a November 25, 2019 meeting of senior CCP officials to review plans for the 14th Five-Year Plan (2021-2025). Other figures present include Vice-Premier Han Zheng (right), a member of the Politburo Standing Committee; and Vice-Premier Liu He (second from left), the lead representative in trade negotiations with the United States. (Source: PRC State Council) Editor’s Note: This is the first part of a two-part article that addresses the ways in which the evolution of China’s internationally-focused economic policies are likely to impact—and in many instances, to clash with—the economic policies and interests of the United States. This first part focuses on the policies surrounding the Belt …