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Showing posts from May 8, 2017

India rejects Chinas claim that it accepted Pakistan K case The CPEC will link Kashgar in Xinjiang in China and a deep sea port at Gwadar in Balochistan in south-western Pakistan. NEW DELHI: India has rejected China’s contention that Beijing had never acknowledged Pakistan’s claims on parts of Jammu and  Kashmir  as final, underscoring its sustained opposition to the One Belt One Road (OBOR) project that New Delhi believes infringes sovereignty.  To overcome India’s resistance,  China  has revived its four-point proposal to overcome its differences with India and deepen relations by aligning its OBOR project with New Delhi’s ‘Act East Policy’, and restarting negotiations on a free-trade pact.  India, which is unlikely to attend the May 14-15 OBOR Summit in Beijing, has been opposed to the China  Pakistan  Economic Corridor (CPEC) – the flagship project under OBOR as it passes through Pakoccupied Kashmir, infringin

CPEC program achieves unexpected progress By Zhou Rong and Chen Xiaochen Source:Global Times Published: 2017/5/8 20:18:39 Illustration: Peter C. Espina/GT   The China-Pakistan Economic Corridor (CPEC) will play a leading role in the  Belt and Road  initiative. Recently, the Chongyang Institute for Financial Studies at Renmin University of China launched an intensive research program to look at the progress and problems of the CPEC construction in Pakistan. After assessment, we found that the construction has been unexpectedly fast. Four key areas of cooperation - energy, transport infrastructure, industrial cooperation and Gwadar Port - have made significant progress. Among them, electricity and infrastructure have seen smooth development. Some of the official departments in Pakistan have been criticized for years of inefficiency, and projects not being completed on schedule has become a normal phenomenon. This caused some doubts about the progress of the CPEC project. Howe

COSCO SHIPPING — A name card of China in Greece on Maritime Silk Road in  Hellenic Shipping News 09/05/2017 It is the 22nd day on the sea for the merchant vessel (M.V.) COSCO Netherlands to complete its voyage from China to Europe on a route known as the Maritime Silk Road. From the Pacific, the Indian Ocean to the Atlantic Ocean, and from the South China Sea, the Red Sea to the Mediterranean, the 21st Century Maritime Silk Road spans the oceans and extends beyond time and space. Covering a total of 7,878 nautical miles (14,590 km) from China’s Yangshan Deep Water Port in Shanghai to the Greek Port of Piraeus in Europe, M.V. COSCO Netherlands has witnessed inter-connectivity, close partnership and win-win cooperation between the two sides on the 21st Century Maritime Silk Road from April 16 to May 7. KEY HUB ON WEST END OF 21ST CENTURY MARITIME SILK ROAD COSCO Netherlands arrived at the port of Piraeus on late Saturday night where it unloaded 1

Lessons for China in failed US Silk Road initiative Washington’s plan was underfunded and under-resourced compared with Beijing’s ‘Belt and Road’ scheme Robert Delaney, US correspondent UPDATED : Tuesday, 9 May 2017, 10:14AM  14 The contrast between Beijing’s and Washington’s support for a revitalised Silk Road could not be clearer. This month’s Belt and Road Forum for International Cooperation, a gathering of existing and potential stakeholders in China’s trade development initiative, will welcome national leaders including Russia’s Vladimir Putin, Myanmar’s Aung San Suu Kyi and Indonesia’s Joko Widodo to Beijing. Puffing across the ‘One Belt, One Road’ rail route to nowhere Meanwhile, US President Donald Trump, already in office for more than 100 days, has yet to appoint an ambassador to Afghanistan, which sits at the centre of a Silk Road initiative the US Department of State began promoting in 2011. Compared with China

China to let firms tap stock markets for new Silk Road projects  08.05.2017   Madeline Patrick    0 Comment The OBOR initiative, which in a paternalist embrace, takes in nearly all European countries, is presented as China’s alternative to the Western model that dominated the world until now. Prime Minister Alexis Tsipras will visit Beijing to participate in the forum on May 14-15, part of China’s ambitious efforts, within a framework of worldwide cooperation, to revive the ancient “Silk Road” trade route over land and sea. China’s central bank governor Zhou Xiaochuan said using local currencies for  Belt and Road  investments and financing will help reduce exchange rate fluctuations and ensure financial stability in those nations. It aims to build a trade and infrastructure network connecting Asia with Europe and Africa along and beyond the ancient Silk Road trade routes. The government work  report  delivered at the National People’s Congres

Pakistan seeks clarification over ‘China’s offer for India to re-name CPEC’ Pakistan by  Dawood Rehman  | Published on May 8, 2017  🔗 ISLAMABAD – Pakistan on Monday sought clarification from Chinese Counsel General over an Indian report about China’s willingness to change the name of the China-Pakistan Economic Corridor (CPEC) to assuage India’s concerns about the project. The offer was reportedly made by the Chinese ambassador to India Luo Zhaohui in a speech to the United Service Institution (USI) in New Delhi on Friday, according to Zee News. Stating that the CPEC is for promoting economic cooperation on connectivity, Luo claimed that it has “no connections to or impact on sovereignty issues”. This is not a new argument from China. A similar point was made by Chinese foreign minister Wang Yi last month at a media briefing about the forthcoming OBOR summit. But in his speech, the Chinese ambassador floated a new offer as a possible solu

Network is the key Written by  C. Raja Mohan  |Published On: May 9, 2017 12:21 Am Official India has turned its back on China’s celebration of President Xi Jinping’s “Belt and Road Initiative” (BRI) this week in Beijing. Some in Beijing and Delhi have warned India against isolating itself amidst the apparently growing international support for the ambitious project. Others have suggested diplomatic solutions to overcome India’s objections. One of Delhi’s problems is that the China-Pakistan Economic Corridor (CPEC), an important part of the BRI, runs through a part of Jammu and Kashmir that is occupied by Islamabad. Solutions suggested to overcome this problem focus on language — why not have Beijing say the CPEC is not part of the BRI, or change the name of CPEC to CSEC (China South Asian Economic Corridor)? None of this has moved Delhi at the time of writing this column, for the problem may not be with language. India’s di

CPEC’s construction has gone beyond expectations: Survey Report Our Correspondent Beijing Chinese researchers has revealed that construction work of China-Pakistan Economic Corridor’s (CPEC) has gone beyond expectations as the two countries have achieved remarkable progress in energy, transport infrastructure and industrial sector – as well as Gwadar Port. Chinese researchers Zhou Rong and Chen Xiaochen, the researchers from the Chongyang Institute for Financial Studies at Renmin University of China who made a field survey on the progress of the CPEC in Pakistan and released their survey report here on Monday. The report said that the power plants to be built under the framework of the CPEC, will have the capacity to produce over 10 million kilowatts. At present, half of these power projects are under construction. With such progress, Pakistan is expected to meet its domestic power demand by 2018. The survey point out that power shortage did hamper Pakistan’s

Mehran says ‘agent’ allegation ludicrous as Marri brothers argue LONDON: Exiled nationalist Baloch leader Mehran Marri has accused his own elder brother of making false and ludicrous allegations against him of being a foreign agent, demanding of him to present proofs or withdraw allegations and apologise. Nawabzada Jangez Marri, who is Balochistan’s Minister for Irrigation and Energy, told reporters in Brussels in a shocking claim that his younger brother Mehran Marri, who has represented Balochistan at the UN Human Rights Commission and in European Parliament for nearly a decade, works for foreign intelligence agencies and receives funds for his work. Jangez Marri, who is leading a delegation of Balochistan to woo investors from Europe for China Pakistan Economic Corridor (CPEC), said that his brother Mehran Marri, who is widely known as Mehran Baloch, and other exiled Baloch leaders were receiving funds from Indian spy agency RAW for their wo

CPEC salary cuts to contract employees By  Editorial Published: May 8, 2017 The Pakistani government has concluded that it is paying its contractual employees too much money for their expertise and labour on projects related to the China-Pakistan Economic Corridor (CPEC). The Accountant General of Pakistan Revenue (AGPR) and the  finance ministry have begun implementing a maximum salary cut of 33 per cent, which yields a high range.  This is a prime example of a backwards government; instead of incentivising jobs for recruiting top talent and promising opportunities for growth — which is in the best interest of a developing country — the  message being projected is that the government has little respect for talent and expertise. Unjustifiable practices by the government continue: regular government employees are expected to receive 10-15 per cent salary increases in the 2017-2018 tax year. This is a high increase and seems like another ad hoc policy by the govern

Is CPEC also a game changer for Balochistan? By  Abid Mustikhan Published: May 8, 2017 Federal government must revisit its plans while Balochistan should tap this one-time opportunity. PHOTO: AFP ISLAMABAD :  A beautiful view from the Gwadar PC showing the arch of the East Bay of Gwadar to catch a photographer’s eye displays the contrast between the New Gwadar Port and the adjoining shanty town that has been there for centuries. With my mother tongue as Balochi, I had an advantage to visit the fish harbour and speak to the fisher-folk to hear their views regarding the China-Pakistan Economic Corridor (CPEC), perhaps a game changer for the country. ‘CPEC to transform Pakistan into regional hub of socio-economic activities’ ADVERTISEMENT The fishermen did not express much hope, but rather their concern was their rehabilitation at a new location after being uprooted from their present locality as the new location may lack the necessary infrastructure

In My Eyes: India,Indians and India-China Relations Remarks by H.E. Ambassador Luo Zhaohui at the United Service Institution of India2017/05/08 Remarks by H.E. Ambassador Luo Zhaohui at the United Service Institution of India May 5, 2017, New Delhi Lieutenant General P.K. Singh, Director of USI, Shri. Kanwal Sibal, Ambassador and former foreign secretary of India, Dear Friends, Namaste (Good Morning)! It’s my great honor to come to the United Service Institution (USI) and meet with friends here. USI is one of the major, most influential Indian think tanks with the longest history. I want to thank General Singh for his invitation and gracious remarks. Last month, I visited Assam and paid special homage to the Second World War cemetery of Chinese soldiers at Tinsukia district. Among the over 400 soldiers buried there, only one name can be found on the tombstones. And that cemetery is only one of many. From 1942 to 1945, Chinese soldiers fought side by side with the Britis

China ready to amend name of CPEC to appease India By:  ANI  | New Delhi | Published: May 8, 2017 10:36 AM Under the pretext of not disrupting bilateral relations between India and China, Ambassador Luo Zhaohui said the latter is ready to change the name of the China Pakistan Economic Corridor (CPEC) passing through Pakistan-occupied Kashmir (PoK). (Reuters) Under the pretext of not disrupting bilateral relations between India and China, Ambassador Luo Zhaohui said the latter is ready to change the name of the China Pakistan Economic Corridor (CPEC) passing through Pakistan-occupied Kashmir (PoK). Addressing a session at the United Service Institution of India here on, Luo while denying China’s involvement in the sovereignty and territorial disputes between India and Pakistan, said the CPEC is for promoting economic cooperation and connectivity. “It (CPEC) has no connections to or impact on sovereignty issues. Even we can think abou

To Meet Indian Concerns, China Offers to Re-Name China-Pakistan Economic Corridor BY  DEVIRUPA MITRA  ON  08/05/2017 •  With the Belt and Road summit set for May 14-15, Chinese officials have increased their lobbying, through public diplomacy and behind closed doors, to get New Delhi to attend. Chinese map marking out the important routes and cities involved in the Belt-Road Initiative. New Delhi:  Even as India shows no sign of changing its decision to keep off the international conference China has called for later this month to promote its flagship One Belt, One Road (OBOR) initiative, Beijing has for the first time offered to re-name the China-Pakistan Economic Corridor (CPEC) – a key component of OBOR – to allay Indian objections. The offer was made by the Chinese ambassador to India Luo Zhaohui in a speech to the United Service Institution (USI) here on Friday. India’s main objection to the CPEC has been that it runs through Gilgit-Baltistan, a part of Jammu and Kashmir that is under Pakistani occup