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Showing posts from June 26, 2017

Shangri-La Hotel, Yiwu Opens on China’s New Silk Road Monday June 26th, 2017 - 10:43AM The Shangri-La Hotel, Yiwu HONG KONG—The 362-room Shangri-La Hotel, Yiwu opened on June 24 in the 52-story, mixed-use Yiwu World Trade Centre, the tallest building in Zhejiang Province. The tower offers commercial space, apartments and shopping, and is located in the city’s business district and is adjacent the Yiwu International Commodity City. Yiwu is considered the starting point for the new Silk Road, a freight-train service that retraces the ancient trading route connecting China with Asia and the rest of Europe. The hotel’s design features a sienna and walnut color palette to complement the Dongyang wood-carved screens in the public areas that evoke a sense of place and connection to the culture and history of Zhejiang province. Each guestroom features natural colors and the Chinese rose—the flower of Yiwu—that can be found engraved on wood, i

Russia Settles For Undersized Role In China's Flagship Trade Initiative June 26, 2017 14:15 GMT Pete Baumgartner Chinese President Xi Jinping (right) and Russian President Vladimir Putin Share It's a "great gift to humanity" in the bumptious parlance of Beijing. China's grand plan to revamp trade corridors to Europe involves around 60 countries and hundreds of billions of dollars' worth of new networks of roads, ports, railways, power stations, and energy pipelines. But the so-called One Belt, One Road (OBOR) project doesn't appear to pack many presents for Russia. In fact, analysts say, it largely ignores China's sprawling frenemy to the north and its 11 time zones' worth of aging infrastructure and potential investment. "If you look at how the [OBOR] is being rolled out, you can tell that Russia almost doesn't feature in it," Sijbren de Jong, a strategic analyst at The Hague Centre on Strategic Studies, told RFE/R

China Argues Over ‘Belt and Road’ Goals An analysis by Michael Lelyveld 2017-06-26 Chinese President Xi Jinping attends a roundtable summit during the Belt and Road Forum at the International Conference Center at Yanqi Lake, north of Beijing, May 15, 2017. AFP Last month, China's official news agency insisted that the country's ambitious "Belt and Road" initiative has nothing to do with its industrial overcapacity problem. On the same day, the official English-language  China Daily  reported that it does. The disagreement over China's excess production capacity is central to understanding its many motives for its "Silk Road Economic Belt" and "21st Century Maritime Silk Road" plans to build infrastructure outside its borders for trade with Europe and Africa. The initiative, also known as "One Belt, One Road" (OBOR), could involve U.S. $1 trillion (6.8 tri

Belt and Road Insights - June 2017 Blog  Expert Legal Insights China June 22 2017 Summary: Welcome to BLP’s ‘Belt and Road Insights' June 2017 issue – a selection of interesting Belt and Road news items, distilled into a monthly ‘speed read’. In this month’s edition we explore what has been the impact of the Belt and Road Initiative on Africa and the Middle East. Updates from the New Silk Road The Belt and Road Initiative is a major development strategy launched by the Chinese government in September 2013 to sponsor and promote economic co-operation among countries along the proposed Belt and Road routes. With our focus on built environment and infrastructure development, we aim to keep you updated on the latest developments. The importance of the Gulf to the Belt and Road Initiative Although not located on either the overland “Belt” or the maritime “Road”, the Gulf is of huge strategic importance to China. This can be seen, n

Ready to wait for India to join BRI as CPEC-BCIM link will benefit all: China By PTI | Updated: Jun 26, 2017, 07.49 PM IST Beijing re-emphasized its notion that linking CPEC to the BCIM corridor will synergize its Belt and Road initiative BEIJING:  China  today said it is ready to wait some more time for India to shed its "misgivings" and join the Belt and Road Initiative, a pet project of Chinese President Xi Jinping .  Beijing also emphasised that integration of the USD 50 billion China-Pakistan Economic Corridor (CPEC), over which India has raised objections as it passes through PoK, with the Bangladesh-China-India-Myanmar (BCIM) economic corridor will synergise its mega Belt and Road Initiative.  "I have to point out that some persons in India have misgivings and doubts about the Belt and Road Initiative (BRI)," Chinese Foreign Ministry spokesman  Geng Shuang told media here.  &q

India opens air corridor with Afghanistan but it should not simply bypass Pakistan

http :// 〰〰〰〰〰〰〰〰〰〰〰〰〰〰〰〰〰 BalochHouse This is half baked knowledge and opinion. India wishes to have complete land access to Afghanistan through Pakistan. But Pakistan allows only one way trade, I.e. Afghans can export certain goods to India but cannot fill their trucks back with Indian goods on their return back. Pakistan wants these trucks to be filled with inferior goods from its own country. What kind of logic is this?  China will be better advised to provide their opinion to their all weather friend Pakistan first before accusing India of bypassing it. Comment from the GT 〰〰〰〰〰〰〰〰〰〰〰〰〰〰〰〰〰 India opens air corridor with Afghanistan but it should not simply bypass Pakistan By Wang Jiamei Source:Global Times Published: 2017/6/25 19:43:40 India and Afghanistan inaugurated a direct air freight corridor last week, a dedicated route designed to give a boost to trade between the two countries. This begs a question: Will India bypass Pakis

CPEC: Economic designs and human rights in South Asia by  Claudia Waedlich on 24 Jun 2017 4 Comments The state of Pakistan signed and ratified the International Covenant on Economic, Social and Cultural Rights (ICESR) along with the International Covenant on Civil and Political Rights. The Covenant is monitored by the UN Committee on Economic, Social and Cultural Rights. It is a multilateral treaty adopted by the United Nations General Assembly on 16 December 1966, and has been in force since 3 January 1976. Participating states have the right to ask for advice and help from the UN General Assembly on appropriate measures to realise these rights.   The Covenant commits its parties to the granting of economic, social and cultural rights (ESCR) to Non-Self-Governing and Trust Territories, and, to certain individuals, rights regarding labour, health, education and an adequate standard of living.   The ISESR is part of the International Bill of Rights, along with the Covenant on Civ