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Showing posts from April 22, 2018

Chinese companies' buying spree in the logistics industry, bolstered by the Belt and Road Initiative Chinese companies' buying spree in the logistics industry, bolstered by the Belt and Road Initiative , is gathering pace, with both the number of deals and the value of those deals hitting a new record in 2017 – with the aggregate amount of Chinese firms' M&A in logistics reaching US32.2 billion through mid-December of 2017, more than double the $12.9 billion seen in all of 2016. Deals have included: Global Logistics Properties  – A private equity consortium of Hopu Investment Management, Hillhouse Capital Group, Vanke Group and the financial service investment arm of Bank of China was backed by GLP CEO Ming Mei in its US11.6 billion acquisition of GLP marking Asia’s largest private equity buyout. GLP is Asia’s biggest warehouse operator and boasts a $41 billion portfolio of assets spread across China, Japan, Brazil and the United States. Logicor –  China Investment Corp acquired European

How China Is Buying Its Way Into Europe

China’s Cosco Shipping Ports Ltd., which operates around 180 container berths at ports worldwide, is purchasing a stake in Euromax Terminal Rotterdam BV. By  Andre Tartar ,  Mira Rojanasakul  and  Jeremy Scott Diamond Published: April 23, 2018 For more than a decade, Chinese political and corporate leaders have been scouring the globe with seemingly  bottomless wallets  in hand. From Asia to Africa, the U.S. and Latin America, the results are hard to ignore as China has asserted itself as an emerging world power. Less well known is China’s diffuse but expanding footprint in Europe. Bloomberg has crunched the numbers to compile the most comprehensive audit to date of China’s presence in Europe. It shows that China has bought or invested in assets amounting to at least $318 billion over the past 10 years. The continent saw roughly 45 percent more China-related activity than the U.S. during this period, in dollar terms, according to available data. Read more

Report questions Silk Road project motives Report questions Silk Road project motives APRIL 23, 20188:00am Kelvin Chan Associated Press A massive Chinese infrastructure program that Beijing says is aimed at promoting global trade and economic growth is actually intended to expand the country's political influence and military presence, according to a new report. The report by the US-based research group C4ADS questions China's portrayal of the trillion-dollar program, called the "Belt and Road Initiative," as strictly meant to promote economic development. President Xi Jinping's signature foreign policy program, it is working to reinforce China's links to Southeast Asia, Europe and Africa through networks of roads, ports, railways, power plants and other infrastructure projects. C4ADS, a nonprofit research institute that specialises in data analysis and se

CPEC: Business, security headache for China, Pak CPEC: Business, security headache for China, Pak ANI | Updated: Apr 23, 2018 08:06IST Washington D.C. [United States], April 23 (ANI): The ongoing over USD 60 billion  China - Pakistan Economic Corridor (CPEC) project, which forms a part of Beijing's ambitious transnational Belt Road Initiative (BRI), is according to a report, turning out to be an economic as well as a security  headache  for both  China  and  Pakistan . "For  Pakistan , rising debt is imperiling the country's long-term economic viability. For  China , sunk costs in infrastructure assets and personnel on the ground are drawing Beijing deeper into  Pakistan 's internal security concerns," says the report prepared by the Center for Advanced Defense Studies (C4ADS), a Washington D.C.-based non-profit organisation dedicated to data-driven analysis and evidence-based reporting of global conflict a

China Pulls Pakistan Further into its Economic Orbit China Pulls Pakistan Further into its Economic Orbit APRIL 22, 2018 | BENNETT SEFTEL PHOTO: LINTAO ZHANG/GETTY IMAGES The Newsletter Get exclusive analysis delivered to your inbox daily. SUBSCRIBE NOW Bottom Line:  China’s “One Belt, One Road” economic strategy, aimed at developing regional trades routes connecting East Asia, South Asia, Central Asia and Europe, has expanded into Pakistan where Chinese companies have launched numerous projects to build up Pakistan’s infrastructure and energy sector as part of the China-Pakistan Economic Corridor (CPEC).  Through such cooperation, Pakistan has gravitated closer to China’s orbit, generating concerns over Pakistan’s increasing dependence on China and Beijing’s rising global power status. Background:  CPEC is a 15-year economic initiative spanning from 2015-2030, which focuses on expanding Pakistan’s energy sector, enhancing Pakistan’s infrastructure and establishi

Child Marriages Threaten Lives and Rights of Girls in Balochistan Child Marriages Threaten Lives and Rights of Girls in Balochistan By: Munaj Gul Mohammad Our world today believes in the Sustainable Development Goals and their promise to create progress that will improve lives across the world. But when every year young girls are married off, they are ultimately locked away from a better life. Young girls in Balochistan are no exception. Some with great dreams of future and some too young to envisage anything about themselves, are married off. Child marriage stands as one of the major hindrances in the way of progress not only for the young girls of Balochistan but it may block the way of prosperity of the region as a whole. The world today recognizes the right of every girl to have a say, to have an education and a better life.  Girls are also seen as an important part of the social structure. However, since a larger part of Balochistan’s population

Here’s how the Lahore Left Front and PTM managed to stage a successful rally… Lahore 10 HOURS AGO BY  ZAKI ABBAS Weeks-long efforts of Pashtuns, leftists pay off as over 2,000 people join Manzoor Pashteen at Mochi Gate LAHORE:  The Pashtun Tahfuz Movement (PTM) rally at Lahore’s Mochi Gate attracted a large crowd on Sunday, including a large number of activists belonging to Lahore Left Front (LLF), owing to weeks-long efforts of the Pashtuns and progressive outfits. This was the latest in the string of rallies in Khyber Pakhtunkhwa and Balochistan organised by the PTM. An ardent campaign by the Pashtun students of Lahore and progressive activists, notably Ismat Shahjahan, was one of the reasons for such an impressive turnout. Days ahead of the rally, Pashtuns students belonging to different institutes and other progressive activists could be seen handing out pamphlets at public places ahead of the rally. In addition, students of some major universities, particularly Governme

Talks of talks between India and Pakistan & the Terrorism conundrum Talks of talks between India and Pakistan & the Terrorism conundrum 20-04-2018 After increased tensions on the Line of Control (LoC) between India and Pakistan at the end of 2017 and beginning of 2018, Indian Army Chief General Bipin Rawat’s statement of Saturday, 15 April 2018, saying that peace is the only solution to improve the situation in Jammu & Kashmir and it could only be solved through dialogue between India and Pakistan, comes as a ray of hope. Not entirely coincidental, hours after his statement, Pakistani Chief of Army Staff (COAS) General Qamar Javed Bajwa, while speaking at a passing-out parade of cadets, said;  “That only through comprehensive and meaningful dialogue a solution could be found for the disputes between the two countries”. After almost three decades of violence between the two nuclear neighbors, talks in order to achieve a peaceful atmosphere would be a welco

Russia and Pakistan: A Durable Anti-American Alliance in South Asia Russia and Pakistan: A Durable Anti-American Alliance in South Asia Why the Moscow-Islamabad security partnership will likely continue to strengthen for the foreseeable future. By  Samuel Ramani April 21, 2018 On April 6, 2018, Pakistan’s Minister of Defense, Khurram Dastgir Khan, told Russian  state media outlet   Sputnik  that the Pakistani military planned to purchase Su-35 fighter jets and T-90 tanks from Russia. Khan’s announcement differed markedly from Pakistan’s previous denials of interest in the Su-35, and underscored the continuing improvement in Russia-Pakistan relations. Although the Russia-Pakistan alignment was widely expected to unravel due to Moscow’s close relationship with India and historical mistrust, the Moscow-Islamabad security partnership has become a salient feature of South Asia’s geopolitical environment. The wide range of common strategic interests sha