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Showing posts from April 19, 2018

Will China’s new aid agency be effective? AID & DEVELOPMENT |  CHINA Will China’s new aid agency be effective? Wang Xiaotao and Wang Yi attend a press conference during The Belt and Road Forum in Beijing, April 2017. (Photo: VCG/Getty) BY   Marina Rudyak COMMENTS   20 April 2018 10:00 China has a new  International Development Cooperation Agency  (IDCA). The IDCA will respond directly to the State Council and integrate the aid functions of the Ministries of Commerce (MOFCOM) and Foreign Affairs. The reform aims to reduce bureaucratic frictions and make aid better serve China’s diplomacy. It became clear that aid was an issue of concern for China’s top leadership in February 2017. The Central Reform Leading Group  named it  as one of nine policy areas that will undergo reform. Chinese President  Xi Jinping was quoted  as saying that China needed to: optimise the strategic layout of foreign aid, improve the management of aid funds

Five ways China's past has shaped its present Five ways China's past has shaped its present By Prof Rana MitterUniversity of Oxford 2 hours ago Image copyrightGETTY IMAGES To understand today's headlines about China's approach to issues such as trade, foreign policy or internet censorship, turn to its past. The country is perhaps more aware of its own history than any other major society on earth. That remembering is certainly partial - events like Mao's Cultural Revolution are still very difficult to discuss within China itself. But it is striking how many echoes of the past can be found in its present. Trade China remembers a time when it was forced to trade against its will. Today it regards Western efforts to open its markets as a reminder of that unhappy period. The US and China are currently in a dispute over whether China is selling into the US while closing its own markets to American goods. Yet the balance of trade hasn't always been in China&#

Belt and Road initiative connects Chinese dream to Greek dream: Chinese ambassador Belt and Road initiative connects Chinese dream to Greek dream: Chinese ambassador Source: Xinhua 2018-04-20 03:42:30 by Maria Spiliopoulou ATHENS, April 19 (Xinhua) -- The Belt and Road Initiative (BRI) put forward five years ago by China and welcomed by over 100 countries worldwide connects the Chinese dream to the Greek dream, Chinese Ambassador to Greece Zou Xiaoli told representatives of the Greek business community here on Thursday. "The BRI closely connects the Chinese dream to the Greek dream. In the new era, China and Greece will once again promote progress in human civilization by joining hands in Belt and Road cooperation, which is far from accidental; rather, it is a choice of history, a demand of the times, and a blessing for the whole world," Zou said, delivering a speech at a symposium held at the Athens Stock Exchange. As a keynote speaker at the event organized by the Chamber of Greek-Chinese E

Austria Wants to Act as a Bridge Between EU and China Austria Wants to Act as a Bridge Between EU and China By  Matthias Wabl  and  Jonathan Tirone April 19, 2018, 8:18 PM GMT+5:30 Economy minister warns there will be no trade war winners Country seeks to boost exports to Asian economies: Schramboeck Austria wants to function as a bridge between China and Europe, attracting investments from e-commerce to electric automobiles while laying the groundwork for trade over the  new Silk Road , according to a top government official. The Alpine country plans to increase the frequency of business missions to Asia and will present an expanded strategy to boost exports by the end of the year, Economy Minister Margarete Schramboeck said. She took part in a record trade delegation this month that clinched 30 deals worth 1.5 billion euros ($1.9 billion) with Chinese companies. “We have the knowledge of eastern European markets

China’s ‘Belt & Road’ project gains momentum from Kunming to Kenya China’s ‘Belt & Road’ project gains momentum from Kunming to Kenya FASEEH MANGI 20 APR 2018 China's massive build programme to recreate trade routes stretching from Asia to Africa and Europe is gaining momentum. Since President Xi Jinping’s flagship Belt and Road project was announced about five years ago, it gave impetus to billions of dollars of Chinese investment – some of which were already in the pipeline for several years – to build railways, roads, ports and power plants. The programme isn’t without controversy: debt risk is rising, an influx of Chinese workers has fuelled tension with locals, and there are worries about China’s dominance in the region. And not all of the projects have succeeded. “It’s been a mixed bag so far,” said Michael Kugelman, a senior associate for South Asia at the Woodrow Wilson Center in Washington. “There have certainly been success stories, and ther

CPEC-BRI global appeal, survivability CPEC-BRI global appeal, survivability Yasir Habib Khan April 20, 2018 Belt and Road Initiative (BRI) and its flagship project China-Pakistan economic corridor (CPEC) have inherent global appeal. They have the potential to survive smoothly to unleash torrent of economic vibes to all recipient countries, even beyond them. At a time when protectionism and Brexit have been taking heavy toll on world economy, both BRI and CPEC stand tall in a tough situation giving a new lease of life to globalisation. Their economic charisma has attracted everyone. International opinion-making platforms including World Economic Forum (WEF) held in Switzerland this year had to sit up and take notice of their economic potentials and viability against adversaries. Recently concluded Boao Forum for Asia (BFA) also had to take stock of innate resilience and deepening role of BRI and CPEC in shared growth as thrashed out by Chinese pres

Balochistan CM lauds security forces’ efforts in restoring peace Balochistan CM lauds security forces’ efforts in restoring peace National 7 HOURS AGO BY APP Share this on WhatsApp QUETTA:  Balochistan Chief Minister Mir Abdul Quddus Bizenjo on Thursday said security forces including Frontier Corps (FC) and police are playing a vital role for the restoration of peace in the province and have rendered great sacrifices fa or this cause. Balochistan CM said this while speaking on the occasion of Excellency Awards 2018, organised by Balochistan FC. Federal Minister for Postal Services Maulana Amir Zaman, Commander Southern Command Lieutenant General Saleem Bajwa, Balochistan Assembly Speaker Raheela Hameed Khan Durrani, Provincial Ministers Sheikh Jaffar Khan Mandokhail, Mir Sarfraz Bugti, Tahir Mehmood, Nawab Changez Khan Marri, Advisor to Chief Minister Balochistan Zia Lango, Members of Provincial Assembly (MPA) Zamark Khan,  Abdul Khali

US-Pak friction unhealthy for China «Back US-Pak friction unhealthy for China ANI | Washington [United States] | Last Updated at April 19 2018 18:30 IST Ongoing tensions between Pakistan and the United States have the potential for not only creating a conflict between India and Pakistan, but may also affect the reconciliation process in Afghanistan, and directly or indirectly pose a threat to China's border security, an expert has said. ADVERTISING In an article written for Washington-based magazine The Diplomatist, Li Hongmei, a Visiting Scholar at SAIS, Johns Hopkins University, has warned that deteriorating relations between Washington and Islamabad could have three major negative impactful effects for Beijing. Hongmei says poor relations between the U.S. and Pakistan could potentially increase chances of a conflict between India and Pakistan, and in turn undoubtedly affect and threaten China, which bo

CPEC to fuel industrial growth CPEC to fuel industrial growth   NAVEED BUTT    APR 19TH, 2018    ISLAMABAD The government expects growth in industrial sector in the next fiscal year due to better supply of energy and planned investment under China-Pakistan Economic Corridor (CPEC). According to working paper presented in the Annual Plan Coordination Committee (APCC) meeting, which is also available with Business Recorder, in view of steady growth rate during the current fiscal year, the industrial sector is expected to grow by 7.6 percent during 2018-19 on the back of better energy supply and planned investment under CPEC. The mining & quarrying sector is projected to grow by 3.6 percent, manufacturing sector by 7.8 percent, LSM by 8.1 percent, construction by 10 percent and electricity generation & distribution and gas distribution by 7.5 percent. Moreover, the increase in consumer demand is expected to further spur private sector activities and help main

I breathe through kathak: 25-year-old Baloch man I don’t care about others. I breathe through kathak: 25-year-old Baloch man April 19, 2018   Samaa Web Desk Zaheer Zarf The Baloch people are known for their love of art. But it is seldom that you hear of a Baloch man who performs kathak. Kathak is a popular classical dance form in India and Pakistan. However, it is considered the domain of women alone. Ahmed Baloch cares little about what is considered normal. He ties the ghungroo around his ankles and dances. With each dance step, he crushes the limitations of a conservative society under his feet. Ahmed was born in Awaran, which is among the most deprived parts of Balochistan. While the 2013 earthquake reduced many Awaran houses to rubble, they failed to shake Ahmed’s resolve. He headed to Quetta and earned a four-year degree in fine arts from Mehran University. The 25-year-old is not one to care about judgements. Instead, he listens to what his heart says. “The b

Abu Dhabi industrial zone attracts $1 bln FDI from China Reuters Staff ABU DHABI, April 19 (Reuters) - Foreign direct investments from Chinese companies in Abu Dhabi’s industrial free zone has touched $1 billion in less than a year and is expected to rise when the UAE’s new investment law takes effect, officials said on Thursday. Chinese companies are seizing opportunities in the Gulf as the world’s second-biggest economy seeks to expand its influence overseas with its ambition to rebuild Silk Road trade routes. Last year, five Chinese companies from Jiangsu province set up base in the Khalifa Industrial Zone Abu Dhabi (Kizad) to build various industries with an initial investment of $300 million. Since then, 10 Chinese companies have invested in Kizad, taking the total number of companies to 15 and value of investments to $1 billion, Mohamed Juma al Shamsi, chief executive of Abu Dhabi Ports told a business f

Maritime industry can chart course on Australia-China ties Maritime industry can chart course on Australia-China ties by  WALTER PURIO OPINION   THU, 19/04/2018 - 15:28 0 COMMENTS The Belt and Road initiative is designed to drive productivity gains in global shipping. When it comes to Australia-China relations, concerns over disparate security interests tend to overshadow economic interests that may be more complimentary in nature. This is the opinion of Corrs Chambers Westgarth chief executive John Denton, who called on Australia to develop “a new narrative on the relationship with China”. In a recent interview with  The Australian , Mr   Denton raised concerns about Australia’s precarious strategic partnership with China, saying we need to focus on developing a more balanced dialogue around Australia-China relations. It is exactly the purpose of the Australia-China One Belt One Road Initiative to highlight the positive potential of more robust economi

BRP to protest in London

China will take over the world, one port at a time China will take over the world, one port at a time VANDANA MENON  19 April, 2018 Lianyungang Port, China. VCG/VCG via Getty Images New research suggests China’s port investments as part of the Belt and Road Initiative are aimed at generating political influence and military presence in the Indo-Pacific. New Delhi:  Launched in 2013, China’s ambitious Belt and Road Initiative (BRI) has been pegged as a trade masterstroke meant to recreate the ancient Silk Road, facilitating development along the way in a win-win situation. But new research suggests a clear political agenda behind the initiative, aided by the exercise of ‘corporate obfuscation’ by the Chinese companies involved. In a report by Washington-based nonprofit research group C4ADS, titled ‘Harboured Ambitions: How China’s port investments are strategically reshaping the Indo-Pacific’,  China analysts Devin Thorne and Ben Spevack noted,

Australia: Federalism and the Belt and Road Initiative: Managing tensions between Australian governments REPORT Federalism and the Belt and Road Initiative: Managing tensions between Australian governments 17 APR 2018 James Bowen Future Directions International DOWNLOAD RESOURCE DESCRIPTION The Australian Government opposes China’s massive Belt and Road Initiative (BRI), largely on the grounds that it may help to end the United States-led order in the Indo-Pacific region and beyond. While that is a grave concern, it does not discount the fact that the many economic opportunities produced by the BRI may still be enticing to other actors, principally Australia’s State and Territory Governments. The Northern Territory’s controversial lease of the strategically-important Port of Darwin to a Chinese company with People’s Liberation Army links, highlights the type of tensions that might increase between the federal government and the States and Territories over the BRI and China’s plans in Australia more generally. Key points: - Canberra’s opposition to C

IMF wants transparency in debt commitments by countries Press Trust of India | Washington | Last Updated at April 19 2018 06:30 IST The International Monetary Fund has called for transparency in debt commitments made by countries, including those under the ambitious belt and road initiative (BRI) of China. Such transparency would help in long-term planning of public finances, Vitor Gaspar, Director, IMF Fiscal Affairs Department told reporters here, yesterday. " When it comes to debt, it is extremely important that the debt commitments be transparent and transparently assumed so that they can be appropriately reflected in the medium- and long-term programming of public finances," Gaspar said. He was responding to questions on the debt being accumulated by countries under China's BRI. Gaspar said the BRI had his support because such public investments were very important in many countries. &quo

UK Houses of Parliament emblazoned with projection raising human rights issue in Balochistan

UK Houses of Parliament emblazoned with projection raising human rights issue in Balochistan ahead of Commonwealth Heads of Government Meeting in London. Last night 17 March, the World Baloch Organisation (WBO) organised a projection over the UK Houses of Parliament that read “Commonwealth Nations must question Pakistan over enforced disappearances in Balochistan” and “Pakistan must answer for crimes against humanity” The WBO’s latest initiative comes as the city hosts the biennial summit – the Commonwealth Heads of Government Meeting (CHOGM). The summit brings together heads of governments, ministers and global business leaders from 53 nations to discuss and promote prosperity, democracy and peace. The projection aims to catch the attention of Commonwealth leaders and urge them to contribute in ending the widespread abuse of human rights in Balochistan. A representative of the organisation, Bhawal Mengal said “ The human rights situation in Balochistan is worsening. Enforced disap