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Showing posts from March 6, 2020

China, SE Asia ties unravel amid virus crisis

Asia times.com

Coronavirus-hit SE Asia may not be as open as previously to Chinese aid, investment and tourism By DAVID HUTTMARCH 6, 2020 Monks from various temples yesterday gather in the ubosot† at Wat Maha That Yuwarat Rangsarit of Bangkokís Phra Nakhon district for evening prayer seeking blessings for the victims of the Covid-19 outbreak and an end to the†rapid spread of the virus in all parts of the world. BANGKOK POST PHOTO/Arnun ChonmahatrakoolWhen China sneezes, the old saw goes, Southeast Asia catches cold.Two months since the coronavirus, or Covid-19, epidemic started its lethal spread from China, the full contagion effect on neighboring Southeast Asia’s now swooning economies is still uncertain as global panic transmits to Europe and the US.The early prognosis, however, is not good. Last month, equity markets in Thailand, Indonesia and the Philippines fell to among the ten worst performers worldwide as investors dumped the region’s shares as proxies for China’s infectious slow…

US Senators Introduce Legislation To Monitor China’s Overseas Mineral Investments

TheEpochTimes.com
March 6, 2020 6:51, Last Updated: March 6, 2020 6:51 By Frank Fang, Epoch Times Two U.S. senators on March 5 introduced legislation drawing attention to China’s plans to dominate rare earth supplies in other countries through its “One Belt, One Road” foreign policy initiative.Rare earths are a group of minerals used to manufacture a range of consumer products and military technologies, including smartphones, electric vehicles, satellites, missiles, and semiconductor chips that power all electronic products.Senators Mitt Romney (R-Utah) and Catherine Cortez Masto (D-Nev.) proposed legislation that would require the director of national intelligence to submit a congressional report, at least once annually, assessing the extent of China’s mineral investments through its One Belt, One Road (OBOR, also known as Belt and Road) initiative.

Cari: China and Myanmar — friends with benefits

Pauline Loong /The Edge Malaysia
March 06, 2020 11:30 am +08 This article first appeared in Forum, The Edge Malaysia Weekly, on March 6, 2020 - March 12, 2020. -A+A The state visit of Chinese President Xi Jinping to Myanmar in January could not have been better timed.Just weeks before, in early December 2019, Myanmar’s leader Aung San Suu Kyi was in The Hague to defend her government against accusations of genocide of its Rohingya Muslims. And in late January, the International Court issued the equivalent of a restraining order on Myanmar’s treatment of the minority group, ruling in effect that the charges, which the country strongly denies, are credible.China seized the moment. As Myanmar’s leaders stared into the abyss of international isolation and sanctions, along came the president of the world’s second biggest economy on the first state visit to the country in almost two decades. He arrived bearing not just economic gifts but also tacit reassurances that China will be in Myanmar’s co…

Virus diplomacy: As outbreak goes global, China seeks to reframe narrative

THIS CONTENT WAS PUBLISHED ON MARCH 6, 2020 11:13 AMMAR 6, 2020 - 11:13FILE PHOTO: People wear masks as they cross a street during evening rush hour, as the country is hit by an outbreak of the novel coronavirus, in Beijing, China, March 3, 2020. REUTERS/Thomas Peter(reuters_tickers) By Keith Zhai and Huizhong WuSINGAPORE/BEIJING (Reuters) - As new coronavirus cases track downward in China, it is looking to burnish its credentials as a responsible power by sharing expertise and equipment with countries seeing a surge in cases and to repair an international image dented by the disease.China's diplomats have fanned out to deliver a message that it can control the outbreak and to call on countries to ease travel bans on Chinese people. They have given more than 400 media interviews and published more than 300 articles, according to the foreign ministry.That outreach, which has included donations of medical gear, is part of an effort to change the narrative after China was criticised f…

BoA okays Rashakai pSEZ’s uplift accord under CPEC

by  on  The Board of Approvals (BOA) approved the Development Agreement (DA) of Rashakai pSEZ, previously endorsed by the KP Special Economic Zones Authority.The BOA meeting was chaired by Prime Minister Imran Khan, according to a press release issued here on Thursday.Rashakai pSEZ, the first prioritized SEZ of Pakistan, is among the three prioritized SEZs that are being focused on in the second phase of CPEC, the other two being Dhabeji (Sindh) and M3 (Punjab).Rashakai pSEZ is strategically situated in the proximity of Islamabad and Azakhel Dry Port Nowshera on the M1 motorway which links it to the CPEC route and Swat Expressway, offering a location advantage to the Special Economic Zone. The 1,000-acre pSEZ will be developed by China Road and Bridge Corporation (CRBC) in a joint venture with the Khyber Pakhtunkhwa Economic Zones Development and Management Company.The development and subsequently the colonization of Rashakai pSEZ is expected to yield multip…