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Showing posts from March 15, 2018

China and Europe can work together on the Belt and Road Initiative

https://www.euractiv.com/section/economy-jobs/opinion/china-and-europe-can-work-together-on-the-belt-and-road-initiative/ DISCLAIMER:  All opinions in this column reflect the views of the author(s), not of EURACTIV.com PLC. By  H.E. Ambassador Zhang Ming  Mar 15, 2018 (updated:  Mar 15, 2018) Moderator and Editor-in-Chief of the South China Morning Post Tammy Tam, Chinese Ambassador to the US Cui Tiankai, Ant Financial Executive Chairman Lucy Peng, Paytm Founder and CEO Vijay Shekhar Sharma and Executive Vice Chairman and CEO of the Executive Office and Legal representative of the China Center for International Economic Exchanges Zhang Xiaoqiang speak in a discussion on China's Belt Road Initiative during the inaugural Bloomberg Global Business Forum in New York, September 2017. [ EPA-EFE/ANDREW GOMBERT ]        The Belt and Road Initiative is brand new and therefore enjoys huge potential. Yet, it will only be brought to full potential when all players come to realise its im

New Era, New Opportunities and New Progress

http://www.fmprc.gov.cn/mfa_eng/wjb_663304/zwjg_665342/zwbd_665378/t1541731.shtml New Era, New Opportunities and New Progress --Speech by Ambassador Wang Min at the Norwegian Rail Conference (From Chinese Embassy in Norway) 2018/03/13 Ladies and Gentlemen, Good morning. It is a great pleasure to attend the Norwegian Rail Conference and deliver a speech here. I'm really interested in this Conference's topics. Since enhancing infrastructure connectivity is one of the pillars of the Belt and Road Initiative, it's a suitable occasion to talk about the Belt and Road Initiative at the Rail Conference. In this regard, I would like to make the following three points: Firstly, I will make a general briefing on the Belt and Road Initiative. Over 2,000 years ago, our ancestors opened the transcontinental passage connecting Asia, Europe and Africa, known today as the Silk Road. Our ancestors, navigating rough seas, created sea routes linking the East with the West as well, nam

Could China’s Huge Belt and Road Initiative Precipitate a New Cold War?

http://www.worldpoliticsreview.com/articles/24361/could-china-s-huge-belt-and-road-initiative-precipitate-a-new-cold-war Could China’s Huge Belt and Road Initiative Precipitate a New Cold War? James Bowen  | Thursday, March 15, 2018 It is revealing of current American political obsessions that a recent book about the Marshall Plan’s relationship to the Cold War might be seen first and foremost as having lessons for today’s troubled ties between the United States and Russia. In that book, Benn Steil, a senior fellow at the Council on Foreign Relations,  argues  that with the Marshall Plan’s launch in 1947, the U.S. and the Soviet Union “became irrevocably committed to securing their respective spheres of influence.” Yet despite widespread concern about Russia, the most consequential great power struggle today is the one between the U.S. and China. This, moreover, is a relationship with more direct parallels to what Steil and others recognize as a key dynamic underpinning the Cold Wa

China sets up agency to focus on foreign aid, Belt and Road

http://www.thehindu.com/todays-paper/tp-international/china-sets-up-agency-to-focus-on-foreign-aid-belt-and-road/article23248412.ece China sets up agency to focus on foreign aid, Belt and Road Atul Aneja BEIJING, MARCH 15, 2018 00:00 IST UPDATED: MARCH 15, 2018 03:37 IST China is setting up an agency that will channel foreign aid and plan strategic projects related to the Belt and Road Initiative. The formation of the State International Development Cooperation Agency (SIDCA) is part of a massive institutional revamp to steer China’s ongoing transition, marked by domestic reform and deeper engagement with the rest of the world. The SIDCA will be answerable to the State Council, China’s Cabinet, led by Prime Minister Li Keqiang. It integrates roles which were earlier fragmented between the Foreign and Commerce Ministries. Its focus will be to “better serve the country’s global strategy and to build the Belt and Road Initiative”, the State Council said. Xinhua reported that the

Chinese firms ink 41 CPEC-linked accords in 2018

https://www.thenews.com.pk/print/292807-chinese-firms-ink-41-cpec-linked-accords-in-2018 KARACHI: Chinese companies have signed 41 different understandings for major undertakings related to China-Pakistan Economic Corridor (CPEC) during 2018, an official said on Thursday. “Under these accords, Chinese firms will invest in energy, Gwadar port, road infrastructure, industrial development, etc,” Lee Xia Oxian, chairman Association of Chinese Enterprises in Pakistan, said at Pakistan China Construction Conference, organised by Association of Builders and Developers (ABAD). “The CPEC is not only important for Pakistan and China but it also holds equal importance for other regional countries.” Oxian added that Gwadar was the key project because all other CPEC projects are linked to it. Guo Chunshui, commercial and business consular of China, in his address, said CPEC was serving as a trade bridge between the two brotherly countries. “The CPEC projects would generate immense employment

MPs for finalising CPEC central route on priority

https://nation.com.pk/16-Mar-2018/mps-for-finalising-cpec-central-route-on-priority ADB, federal govt also funding CPEC projects, NA body informed, Chairman for establishing SEZs in less developed areas March 16, 2018 ISLAMABAD - A parliamentary committee was Thursday informed that work on both eastern and western routes of  CPEC  is in progress and the government is striving to complete the work on the later ahead of the former. This was stated by Director China Pakistan Economic Corridor (CPEC), Hassan Daud while briefing the National Assembly Committee on Planning, Development and Reforms here. The meeting of the Standing Committee, which was held under the chairmanship of Abdul Majeed Khan Khanankhail, recommended that the central route of  CPEC  might be finalised for the sake of progress of backward areas of south Punjab. While it was also pointed out that the central route will be the shortest possible route of  CPEC  . Chairman of the committee said that those routes o

BRI and CPEC: dispute resolution mechanisms

https://tribune.com.pk/story/1660084/6-bri-cpec-dispute-resolution-mechanisms/ By  Rana Sajjad Ahmad Published: March 15, 2018 The writer, a Lahore-based lawyer, is a Fellow of the Chartered Institute of Arbitrators (CIArb) and founder and president of the Center for International Investment and Commercial Arbitration Should we have an exclusive dispute resolution mechanism in Pakistan to resolve disputes under the China-Pakistan Economic Corridor (CPEC) framework? The fundamental question regarding such a mechanism would be whether or not the Chinese government and investors would agree on it. Therefore, Pakistan should propose a mechanism that the Chinese are amenable to in view of its independence, credibility and effectiveness. The question then is what type of mechanisms have the Chinese adopted thus far for the resolution of disputes with other countries that are part of its Belt and Road Initiative (BRI). An international commercial court is one such method since China’s S

Achieving the Sustainable Development Goals in Pakistan: the missing links

http://www.thinktankinitiative.org/blog/achieving-sustainable-development-goals-pakistan-missing-links by  Saadiya Razaaq in  Blog Posted March 13, 2018 Share to Facebook Twitter LinkedIn Email In Pakistan, a country  ranked 147th  out of 187 countries and territories on the human development index, working towards achieving the Sustainable Development Goals (SDGs) is more than a matter of policy – it is one of necessity. But realizing the 2030 agenda and improving our population’s health and wellbeing will require a fundamental shift in policy, at all levels.   The 2030 agenda is even more complex than its predecessor, the Millennium Development Goals (MDGs) which, despite efforts and spending by the government, my country failed to meet. Out of 41 indicators adopted by Pakistan, only four were achieved, while progress on 24 of them was off track. From my own experience in the health sector, some of the reasons for this failure to achieve the MDGs include the lack of adequate

WHY ENGLISH LAW COULD RULE ON CHINA’S BELT AND ROAD DISPUTES

http://m.scmp.com/week-asia/opinion/article/2135329/why-english-law-could-rule-chinas-belt-and-road-disputes BY  NICOLAS GROFFMAN 6 MAR 2018 China is setting up courts to handle disputes regarding its Belt and Road Initiative, but at the other end of the Silk Route, London is marketing the merits of its own legal system  15 A freight train transporting containers laden with goods from China, arrives at DB Cargo's London Eurohub rail freight depot in Barking, East London, after travelling from Yiwu… Matthew Rous, the chief executive of the China Britain Business Council, has spotted something about the geography of China’s  Belt and Road Initiative  that many have missed. “Look at the map: the Silk Road Economic Belt across Eurasia and the Maritime Silk Road actually come together again at the United Kingdom,” he says. This is perhaps appropriate, since English law is marketing itself as the go-to authority in any contract disputes that crop up between China and its belt and

Next phase of Belt and Road: Xi's own military-industrial complex

https://asia.nikkei.com/Features/China-up-close/Next-phase-of-Belt-and-Road- March 12, 2018 8:00 am JST (Updated March 12, 2018 1:16 pm JST) China up close Beijing envisions high-tech arms exports as it extends its web of influence KATSUJI NAKAZAWA, Nikkei senior staff writer Chinese President Xi Jinping adjusts his suit at the end of the opening session of the National People's Congress at the Great Hall of the People in Beijing on March 5. © Reuters BEIJING -- Reporters covering the National People's Congress, China's parliament, headed to a Beijing hotel on March 6 to watch Chen Min'er, the Communist Party secretary of Chongqing and a rising star in Chinese politics. Chen is a confidant of President Xi Jinping, and reporters listened to his every word as he presided over a parliamentary session on Chongqing policies. Few reporters, meanwhile, seemed to show interest in a potentially important statement by another participant. At the session, Zhu Huarong, the

An Evening with Tarek Fatah & Professor Thomas H. Johnson

https://www.eventbrite.com/e/an-evening-with-tarek-fatah-professor-thomas-h-johnson-tickets-44218620083 An Evening with Tarek Fatah & Professor Thomas H. Johnson by Krishna Gudipati $50 TICKETS Share this event   DATE AND TIME Sat, March 24, 2018 6:00 PM – 9:00 PM EDT Location   LOCATION Deccan Spice Indian Restaurant and Banquet Halls 14513 Lee Jackson Memorial Highway #b Chantilly, VA 20151 United States View Map Refund Policy   REFUND POLICY Refunds up to  1 day  before event Event description   DESCRIPTION Pakistan, which prides herself on being a fortress of Islam, is one of the most dangerous places on earth. She was no doubt born as a bastard child of the British Raj and groomed as a prostitute on the world stage by Uncle Sam. Ill at ease with herself, she is a source of instablibilty in trouble and violence. On the one hand the most powerful political party in the country, the Pakistan army, has in pursuit of the grandiose goal of strategic depth

Will Trump make China great again? The belt and road initiative and international order

Among the news items and analyses from this week, an article on International Affairs[Will Trump make China great again? The belt and road initiative and international order]offers a quite comprehensive geo-economic and geopolitical analysis of the motives and implications of China’s Belt and Road Initiative (BRI). The BRI’s push towards networked capitalism on the one hand, and the focus on Chinese national unit on the other, fuse in ways that reinforce Chinese government narratives that portray China as the new trailblazer of global capitalism, specifically illustrating and justifying what some observers envisage (or fear) as a new Sinocentric order in and beyond East Asia. The likely winners in this constellation, if it is successful, are megalopolises and hubs in Eurasia and, most of all, the Chinese Communist Party (CCP), whose performance-based legitimacy would gain an unprecedented boost. Other places connected to the key network, in areas including East Africa and the South Pa

Silk Road Headlines

Among the news items and analyses from this week, an article on International Affairs [Will Trump make China great again? The belt and road initiative and international order] offers a quite comprehensive geo-economic and geopolitical analysis of the motives and implications of China’s Belt and Road Initiative (BRI). The BRI’s push towards networked capitalism on the one hand, and the focus on Chinese national unit on the other, fuse in ways that reinforce Chinese government narratives that portray China as the new trailblazer of global capitalism, specifically illustrating and justifying what some observers envisage (or fear) as a new Sinocentric order in and beyond East Asia. The likely winners in this constellation, if it is successful, are megalopolises and hubs in Eurasia and, most of all, the Chinese Communist Party (CCP), whose performance-based legitimacy would gain an unprecedented boost. Other places connected to the key network, in areas including East Africa and the South

THE HAND-AND-WATER TALE: OPTIONS FOR THE WEST IN AFGHANISTAN

https://spectator.clingendael.org/nl/publicatie/hand-and-water-tale-options-west-afghanistan ARTIKELEN  CONFLICT EN FRAGIELE STATEN THE HAND-AND-WATER TALE: OPTIONS FOR THE WEST IN AFGHANISTAN   14 MAR 2018 - 10:28 TERUG NAAR ARCHIEF Clingendael-fellow Jorrit Kamminga revisits the ‘should we stay or should we go’ debate related to the West’s presence in Afghanistan. Whether we will remove our presence (‘the hand’) entirely or keep some ‘fingers’ in the water, the future of Afghanistan will be determined by the clash between the positive and negative elements that have come to the surface. That future is difficult to predict and may be highly unstable, but it will not see a Taliban regime like the one of the 1990s. Afghanistan might be a (small) step closer to a formal peace process. In February, the Taliban published [1]  an open letter calling on the United States to push for negotiations. At the end of that month, president Ghani presented [2]  an ambitious peace plan, which