Skip to main content


Showing posts from September 13, 2017

SE Asian economies get a lift from China

SEPTEMBER 14, 20171:00pm Marius Zaharia Reuters Southeast Asia appears to be on a roll. The Philippines is boasting the second-fastest growing economy in Asia, Malaysia has posted its best growth figures in more than two years and Thailand in more than four. The growth is being fuelled by China, whose expanding economic presence is propping up fundamental weaknesses around Southeast Asia. It also underlines China's dominance in a region that will be under increasing pressure to follow Beijing's lead. Even as the rest of the world feels the pinch of Beijing's clampdown on outbound capital, China is ploughing money into Southeast Asia - much of it into infrastructure projects related to President Xi Jinping's signature Belt and Road initiative. Chinese tourists are also flocking to beaches, temples and shopping malls around the region. And trade is surging. Exports to China from Indonesia and Malaysia grew more than 40 per cent in the first half of the year; from

Caspian Sea is China's best bet for Belt and Road September 14, 2017 11:00 am JST Tristan Kenderdine Kazakhstan-to-Greece route aligns Beijing's land and maritime strategies The new route to Europe will extend to Piraeus, Greece, from Khorgos, pictured here, on the Chinese border with Kazakhstan. © Reuters Most attention on China's Belt and Road Initiative has so far centered on northern rail routes through Russia and Central Asia and investments in Mediterranean and Indian Ocean seaports. But policymakers in Beijing have long dreamt of an alternative that would more closely align China's land and maritime trade strategies. They may have found it in the route from Piraeus, Greece, to Khorgos, on Kazakhstan's border with China. Of all the potential Belt and Road corridors between the European Union and China with a land component, Piraeus to Khorgos involves the smallest land element, passing through only thre

New 'Silk Road' Fund Hopes China's Eurasia Strategy Is A Money Maker s SEP 13, 2017 @ 08:41 AM534  Kenneth Rapoza   ,    CONTRIBUTOR I cover business and investing in emerging markets.   A road in Tajikstan in Eurasia. These vast land masses of old nomadic tribes are along China's new Silk Road: a massive means to export capital, labor and products to new markets, many of which are not even considered frontier markets yet by the MSCI. China's new Silk Road has put a whole host of backwater nations in Eurasia on the map. Uzbekistan. Kazakhstan. Even tiny Georgia and Albania are getting in on the act, welcoming Chinese money for building out China's so-called One Belt One Road project, an ambitious government initiative designed to connect high value added manufacturers in China with new markets across the Eurasian landmass and into Europe. And now there's an ETF for that. N ew York based investment com

China’s Silk Road Initiative Could Have Far-Reaching Consequences for Entertainment Industry Vivienne Chow       AP SEPTEMBER 13, 2017 | 08:00AM PT Huge infrastructure project may help spread the nation's film and television content across the world China ’s ambitious  belt and Road Initiative  might appear to be an economic development proposal on the surface, but building a modern-day “Silk Road” connecting 68 countries from Southeast Asia all the way to Europe and Africa could transform what is, by some measures, the world’s largest economy into the center of global culture. Industry insiders and scholars say despite the fact that President  Xi Jinping ’s trademark foreign policy scheme is still at an infant stage, it will have significant cultural impact in the long-run and exports of Chinese culture through films and filmmaking collaborations will play a pivotal role. “We do not see Belt and Road’s impact on culture and entertainment yet as communication with these countries has

CPEC an exemplary project for economic development in Pakistan: Dr Hongcai Islamabad 14 HOURS AGO BY APP Share this on WhatsApp BEIJING: Characterising the China-Pakistan Economic Corridor (CPEC) an exemplary pilot project for economic development in Pakistan, Dr Xu Hongcai, Chinese Deputy Chief Economist, on Wednesday said achievements on diverse economic fronts had started taking place, lending credence to the overarching Belt and Road Initiative (BRI). Presenting threadbare and comprehensive exposition on the BRI, a unique economic vision to address the contemporary festering economic throes facing the world, at a seminar organized by the People’s Daily at Tsinghua University, Beijing, he said the initiative would ensure level-playing grounds to all the BRI stakeholder countries, enabling to share the due dividends. In response to a query, the financial expert was of the firm view that political and social stability in Pakistan was s

CPEC as a Linchpin of China-Pakistan relations      Muhammad Munir CHINA-Pakistan Economic Corridor (CPEC) is a unique mega project having multidimensional effects on socio-economic development not only in Pakistan and China but in the whole region. About four years and four months ago, when the idea of building CPEC was announced by Chinese Prime Minister during his visit to Pakistan in May 2013, many of us did not visualize its importance for consolidation of Pakistan-China strategic partnership. Today with the changing regional and global dynamics, the vitality of CPEC as binding force of Pakistan-China relations has enhanced manifold. On 20 April 2015 (two years and four months ago), Pakistan and China signed an agreement to commence work on CPEC with the initial cost of the $45.6 billion which today has reached to $62 billion. The progress on the implementation of various projects under CPEC, such as development of Gwadar, energy projects, transport infrastruc

FPCCI denies plagiarisation of research report on CPEC KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has vehemently denied a news of a local chamber, criticising the research and development department of the FPCCI and alleging plagiarisation of its research report on CPEC. “In the present era of modernization, the freedom of expression is considered a right of every individual and comments whatsoever made by any individual are considered his personal views in personal capacity, said Shifaat Zaidi, chairman of the FPCCI standing committee on research and development. The publically available documents, particularly on common subjects such as CPEC where familiarity of views possible can’t be termed as plagiarisation of documents / publication, he added. The FPCCI’s research department has a very professional team consisting of PhDs / M.Phils and well aware about the ethics of research and development, he said.

Pakistani Security forces demolish residence of veteran Baloch leader September 12, 2017 Pakistani Security forces have demolished house of a senior veteran Baloch leader today in Quetta. The house of Mir Abdul Nabi Bangulzai was razed to ground in New Kahan. According to details received by The Balochistan Post, More than a dozen houses including residence of Baloch leader Mir Abdul Nabi Bangulzai and his neighbors were completely destroyed with help of bulldozers. Houses of Peero Marri Langani, Shamir Marri, Haibtan Marri, Maalo Marri, Nokaaf Marri, Abdul Karim, Baba Shikari, Maulana Abdul Rehman, Noor Mohammad, Meerak and others were also demolished in the operation conducted by Pakistani security forces. Pakistani security forces have demolished many houses in last few months in the area to clear ground for a military camp. Thousands of Baloch made New Kahan near Hazar Ganji, Quetta their new home after returning from exile in Afghanistan

SOUTHERN ASIA IS HEATING UP: AN INDIAN PERSPECTIVE SOUTHERN ASIA IS HEATING UP: AN INDIAN PERSPECTIVE GURMEET KANWAL SEPTEMBER 13, 2017 For special access to experts and other members of the national security community, check out the new  War on the Rocks  membership . Facebook Twitter Google + LinkedIn Editor’s Note: This is the fifth installment of “Southern (Dis)Comfort,” a new series from War on the Rocks and the  Stimson Center . The series seeks to unpack the dynamics of intensifying competition — military, economic, diplomatic — in Southern Asia, principally between China, India, Pakistan, and the United States. Catch up on  the rest of the series here .  Strife-torn Southern Asia is the second most unstable region in the world after West Asia. India has unresolved territorial disputes with both China and Pakistan. As the Line of Actual Control with China has not been demarcated, there are frequent patrol face-offs. A major  standoff ,

Spotlight: Observers say Xi crafts unique diplomacy suited for humankind's shared fate Source: Xinhua |  2017-09-13 20:23:27 | Editor: Lu Hui BEIJING, Sept. 13 (Xinhua) -- Chinese President  Xi Jinping  has crafted a unique diplomatic strategy for his country that serves the creation of a community of shared destiny for humankind, observers have said. The observers made the remarks reacting to "Major-Country Diplomacy," a six-episode political documentary rolled out by China on its diplomatic principles, practices and achievements over the past five years. "Major-Country Diplomacy" is expected to generate discussion especially outside of China around Xi's vision of a community of shared destiny for humankind, a long-term view of great significance, said David Gosset, a founder of the Europe-China Forum. "In a sense, a re-interpretation of China's humanistic universalism, it is an invitation to go beyond any form of unilateralism and to look in a creative manner for the wa

News agencies open way to bolster B&R cooperation during Greece's top trade fair Source: Xinhua |  2017-09-11 05:31:58 | by Valentini Anagnostopoulou, Maria Spiliopoulou THESSALONIKI, Greece, Sept. 10 (Xinhua) -- Representatives of 25 national news agencies from China, the Balkans, Central and Southern Europe and Russia reaffirmed on Sunday their commitment to join efforts to strengthen ties between the countries along the Belt and Road during a forum hosted in the northern city port of Thessaloniki. The "New Silk Road" forum, organized by the Greek national Athens -- Macedonian News Agency (AMNA) under the auspices of Greek President Prokopis Pavlopoulos, was held in the context of the 82nd Thessaloniki International Fair (TIF), Greece's most prestigious annual trade fair, where China is this year's honored country. High-ranking Greek government officials and prominent journalists participated in the conference which focused on coordinating the cooperation of news agencies in orde

CPEC to help Pakistan get back on road to development, prosperity 61      Media persons from 12 countries reaffirm their faith in B&R Initiative Zubair Qureshi Beijing China Pakistan Economic Corridor (CPEC) will restore Pakistan’s journey to progress and prosperity as the country has suffered a great deal in the past because of terrorism. This was said by Secretary General of the Academic Committee National Development and Reform Commission Mr Zhang Yansheng while delivering the opening lecture of “2017 Media Programme for Belt & Road (B&R) Countries” here in Chinese Capital city on Sunday. The lecture was preceded by an impressive inaugural ceremony participated by journalists of the OBOR countries including Pakistan, Sri Lanka, Bangladesh, Nepal, Thailand, Malaysia, Cambodia, Laos, Vietnam, Singapore, Myanmar and Philippines. The two-week workshop and Media Cooperation Forum on Belt & Road are jointly organized by People’s Daily of China, Tsingh

China links CPEC’s success with political stability in Pakistan BEIJING: Chinese financial experts while addressing a media seminar on Belt and Road Initiative (BRI) organized here by the People’s Daily underlined the importance of political and social stability in Pakistan for the success of China-Pakistan Economic Corridor (CPEC). Speaking high about the significance of CPEC in the overall context of BRI, they said it will work as shinning example to show the World that BRI is meant to develop cooperative partnership world over to improve the livelihood of the people. The seminar was being attended by the journalists from South Asian countries including Pakistan. The speakers included Zhang Yansheng, a senior research follow of China’s National Development and ReformCommission, Dr. Sun Guofeng Director General, the Research Institute of People’s Bank of China, the country’s top banker Dr. Cao Yuanzheng and Dr. Xu Hongcai, Deputy Chief economist. They termed the

Chinese firms have already invested $30b in CPEC projects: Aziz ISLAMABAD: Planning Commission Deputy Chairman Sartaj Aziz said on Tuesday that the government’s decisive shift from costly thermal power generation to energy mix will lead to high sustainable economic growth in the country. “ The government is focusing on producing energy from various sources including solar, hydro and wind resources as well as LNG and coal-based power projects to overcome the ongoing energy crisis in the country,” Aziz said while speaking at the International Conference on Sustainable Energy Technologies. He said Pakistan had been suffering a multi-dimensional energy crisis for the past one decade. “ Power shortages coupled with high electricity costs have had a very negative impact on the economy and on public welfare, ” he said. “ While inflow of new investments was hampered by the precarious security situation, production from existing units was seriously

CPEC TO PUT GILGIT-BALTISTAN ON PATH OF RAPID DEVELOPMENT: BARJEES Says Diamer Bhasha Dam and Gilgit Chitral mega road projects would be constructed under CPEC. File Photo 02:10 PM, 13 Sep, 2017   0 Federal Minister for Kashmir Affairs and Gilgit-Baltistan Muhammad Barjees Tahir says China-Pakistan Economic Corridor (CPEC) project will put Gilgit-Baltistan on the path of rapid development. Addressing inaugural ceremony of the camp office of Gilgit-Baltistan Council in Gilgit on Wednesday, he said Diamer Bhasha Dam and Gilgit Chitral mega road projects would be constructed under CPEC. He said work on Gilgit-Skardu road project has also been initiated.  The Minister said development projects approved by the former Prime Minister Muhammad Nawaz Sharif for the uplift of Gilgit Baltistan will be fully implemented and the area would be made economic tiger of Pakistan. He said Prime Minister Shah Khaqan Abbasi has set up a Constitutional Reform

Case Study on the Lack of Democracy and Socio Economic Development of Balochistan   By Sheikh Asad Rahman Introduction Democracy is defined as a system of governance which bases itself on people’s representation aptly described in the maxim “By the People, Of the People, For the People”. In Pakistan, this system has not been practiced to its full potential even by the democratically elected civilian governments. The process of democratic dispensation has been repeatedly interrupted by military rule. Pakistani political parties do not have a democratic culture within the parties themselves and have become undemocratic feudal family dynasties and a part of the civil and military ruling elite. They have all ruled but never governed the country. This paper will try to illustrate the undemocratic manner in which the country has been ruled in the last 60 years through a case study of the province of Balochistan. To understand the issue of Balochistan