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Showing posts from April 25, 2018

Singapore and Zhejiang to cooperate on Belt and Road opportunities

THU, APR 26, 2018 - 11:54 AM SINGAPORE will work with China's eastern Zhejiang province, home of e-commerce giant Alibaba, to explore opportunities under the Belt and Road Initiative and deepen cooperation in areas like innovation and urban solutions. These include encouraging more Chinese e-commerce, logistics and technology firms to tap Singapore companies' network and experiences in South-east Asia to jointly expand in the region, said Senior Minister of State for Trade and Industry Sim Ann on Thursday. She also urged Zhejiang companies to use Singapore as a base to set up their regional headquarters and raise funds for projects in the Belt and Road countries. Launched by Chinese President Xi Jinping in 2013, the Belt and Road Initiative is a strategic and economic project to link China with Asia, Middle East, Africa and Europe with roads, railways, ports and industrial parks. Ms Sim, who co-chairs the Singapore-Zhejiang Economic and Trade Council (SZETC), was speaking

Belt and Road Initiative Won't Drive Wedge Between India and China – Scholars

OPINION 21:38 25.04.2018 India’s absence in the Shanghai Cooperation Organization (SCO) statement on the Chinese “Belt and Road” initiative doesn't mean that the two countries will never find common ground, specialists interviewed by Sputnik claim. The foreign ministers of Kazakhstan, Kyrgyzstan, Pakistan, Russia, Tajikistan and Uzbekistan have confirmed their support for the Chinese Belt and Road project, while India's absence in the document has raised questions. Although it may seem that the two countries have failed to sort out their differences, their relations have actually been positive lately, Andrei Volodin, an expert at the Institute of Contemporary International Studies at the Diplomatic Academy said in an interview with Sputnik. "It is worth mentioning that India has toned down its criticism of the Chinese Belt and Road project. Of course, India couldn't have supported it in Beijing [at the SCO meeting], as such a rapid and radical change in India's

Europe: Income per capita

Standard Chartered Bank to play key role in second phase of CPEC

Business Recorder,  PARVEZ JABRI  APR 26TH, 2018   0   ISLAMABAD: Standard Charter Bank (SCB) on Wednesday announced to key role in the second phase of mega project of China Pakistan Economic Corridor (CPEC) and it will provide different kinds of services including solutions to the Chinese currency RMB, hedging in RMB, currency risks and cash management. “ After successfully completion of first phase of CPEC where most of the fundings in projects were based on Government to Government of the two countries, the second phase is now ready in which mainly private sector and financial institutions will be involved specially in services, and insurance areas,” said Head of Global Banking, SCB, Jean Lu while addressing a press briefing here today. She said Pakistan had been a special partner of China for decades and with the launch of CPEC, the bilateral relations had further strengthened. She informed that experts from Standard Chartered’s Greater China Region hosted road shows in Sri L

China opposes China-related content in G7 foreign ministers joint communique: FM

2018-04-25 22:35 Xinhua  Editor: Wang Fan China firmly opposes the China-related content in a joint communique issued by the foreign ministers of the Group of Seven earlier this week, saying it is untrue and irresponsible, a Foreign Ministry spokesperson said on Wednesday. Spokesperson Lu Kang made the remarks at a routine news briefing when answering a related question. The joint communique is being masqueraded under the name of international law, and is pointing fingers at the South China Sea and East China Sea issues, as well as China's human rights situation, Lu said, stressing that China firmly opposes the untrue and irresponsible remarks in the communique. He said China's attitude towards maritime issues is clear and consistent. China has always been committed to properly handling and resolving disputes through dialogue and consultation with the countries directly involved, advancing cooperation in various areas, and jointly safeguarding peace and stability in the Sou

Australia’s Chinese ballistic missile problem

BY   Peter Layton 26 April 2018 06:00 Late last year in Australia, there was sudden interest shown in ballistic missile defence (BMD). Although the driver was  North Korea’s missile testing , the real issue is China. China’s latest ballistic missiles, combined with its  new island bases , are steadily undercutting Australia’s ability to defend itself without relying on foreign combat forces. Our  four decades – long defence policy of self-reliance is in danger. China is altering the local strategic balance, and Australia’s defence force structure may need to change in response. Before proceeding, it must be stressed that China is not a threat, which in defence planning is defined as the sum of a nation’s military capabilities and its intent. But China is taking deliberate, long-term measures to significantly improve its military capabilities in our region, including by  building six new islands  in the South China Sea. Intent, of course, can change overnight. China’s People’s Lib

Working within agreed global rules key: Vivian

Foreign Minister says countries should takup issues at multilateral bodies like WTO Tan Dawn Wei Deputy Foreign Editor From an Asean point of view, the ideal world is one in which the US, China, Japan and Europe get along and work within agreed multilateral rules, whether on trade or managing maritime disputes, Foreign Minister Vivian Balakrishnan said in an interview with Reuters on Tuesday, a transcript of which was released by his ministry yesterday . The showdown between the world's two largest economies - in which both sides have threatened severe trade sanctions and tariffs - has a significant impact on Singapore and Asean, said the minister. China is Singapore's biggest trading partner, while Singapore is the largest foreign investor in China. Asean's major investors include the United States, Japan and the European Union. "We do not wish to see trade wars, we do not wish to see unilateral imposition of trade measures," said Dr Balakrishnan, adding th


Thursday, 26 April 2018 |  Pravin Sawhney  | in  Oped A protocol suggested by  China  in response to Modi's call for border peace could be in the offing. Its substance would likely be formulated by China and the timing of its disclosure would be left to India Prime Minister Narendra Modi’s ‘informal summit’ with Chinese President Xi Jinping from April 27 to April 28 in Wuhan city is perhaps meant to reduce the tangible Chinese military pressure, since the Doklam face-off, on the 3,488 km disputed border (Line of Actual Control). Foreign Minister Sushma Swaraj said, “We underlined that maintaining peace and tranquillity in the India-China border areas is an essential pre-requisite for the smooth development of bilateral ties.” Under the rubric of strategic communications, the two leaders are expected to concentrate on each other’s core concerns. Modi will seek to diffuse the risen temperature at the border, which has enormous potential for negative military consequences for Indi

Security forces arrest terrorists from KP, FATA, Balochistan

April 25, 2018 RAWALPINDI: In a major intelligence effort,  security forces  Wednesday apprehend two suicide bombers from Sarai Nourang, Kotkashah Gulikhan, Lakki Marwat. The suicide bombers namely Naimat Ullah, Siddique Ullah had come from across the border and were being traced and tracked by intelligence agencies, said a statement issued here by Inter-Services Public Relations (ISPR). Suicide jackets and communication equipment were also recovered from them. In another intelligence-based operation (IBO) in Janjol forest near Dossali, North Wazirstan, a large number of weapons and ammunition including explosives, improvised explosive devices (IEDs), communication equipment and detonators were recovered. Meanwhile, in Balochistan,  security forces  apprehend a terrorist near Dalbandin transporting explosive and 400 detonators from Naukundi to Kharan. The IBOs were carried out as part of the ongoing Operation Radd-ul-Fasaad

Miserable State of Education in Jaffarabad

By: Jafar Mastoi Jaffarabad, a district in green-belt of Balochistan was named in 2002 when it was separated from Nasirabad district. It was emancipated with the motif of providing the best education system with the easier approach by district education managers. Articulating the state of education in district Jaffarabad based on the report “Jaffarabad Education District Plan 2016-17 to 2020-21” by Balochistan Education Sector Plan. In recent times the total of 572 schools is operated in the entire district which comprises of rural and urban areas. In opposition to 503 primary schools there are 44 middle, 23 secondary and merely 2 are higher secondary schools. The revelation of the report may be exposing the good education within the district but it is cynical. After the appraisal of population and area of district Jaffarabad, this is claimed that the population density is 250 persons per square kilometer. However, education is a life-saving drug but the people have made it a matter

Love brings Chinese man to Sargodha

A Chinese man flew all the way from his country to marry a woman in Pakistan whom he was introduced to on social media. Lahore APRIL 23, 2018 BY STAFF REPORT SARGODHA:  A Chinese man flew all the way from his country to marry a woman in Pakistan whom he was introduced to on social media. Twenty-six-year-old Budio from China and 21-year-old Shamaa from Pakistan’s Sargodha city tied the knot Sunday evening in an exciting and fun-filled a ceremony. Budio arrived in Pakistan with his sisters, who along with the bride’s family, participated in the rituals of Pakistani weddings including ‘doodh pilai’ and ‘rasta rukai.’ The joota chupai also took place which left the guests from China perplexed, when the bride’s family demanded Pakistani currency instead of the Chinese Yuan they were offered. While Shamaa enjoyed her wedding to the fullest, Budio seemed uneasy with all the garlands he was made to wear in the sweltering evening. The couple flew from Sargodha to Islamabad, from where t

Arranged marriages are old school, Pakistan now has ‘CPEC marriages’

There is a new cultural wave afoot in Pakistan because of the much-flaunted China-Pakistan Economic Corridor (CPEC).Now, we have a new phenomenon that is making headlines. It’s when the Chinese and Pakistanis marry each other. Our news headlines are calling it ‘CPEC marriages’. MUHAMMAD DAIM FAZIL In a complex Pakistani society, arranged marriages gave way to internet marriages a few years ago. Now, we have a new phenomenon that is making headlines. It’s when the Chinese and Pakistanis marry each other. Our news headlines are calling it ‘ CPEC marriages ’. When the first such marriage was reported, it was taken as a beginning of new bond between the two absolutely divergent cultures. More than two-and-a-half dozen TV cameras captured the wedding and its festive moments, which were aired repeatedly. Social media also chipped in with cheer and sarcasm. There is a new cultural wave afoot in Pakistan. You visit the big cities, small towns and even the remote areas — the new faces that

Keeping the economy first is a lesson that our state has yet to learn

An editorial published in Pakistan based English newspaper Daily Times read, "Keeping the economy first is a lesson that our state has yet to learn from its big brother in the hood." By ANI | Updated: Apr 25, 2018, 08.03 PM IST The editorial, however, expressing displeasure questions if Pakistan is playing its "due role," as the Editorial opines that the statement should have come from Pakistan. ISLAMABAD:  China  has asked  Pakistan  to engage with  India  to keep tensions between the two countries to a minimum in order to maintain a conducive environment for timely completion of various projects under the ongoing multi-billion dollar China-Pakistan Economic Corridor ( CPEC ) project, which forms a part of Beijing's ambitious transnational Belt Road Initiative (BRI). An editorial published in Pakistan based English newspaper Daily Times read, "Keeping the economy first is a lesson that our state has yet to learn from its big brother in the hood."

Modi-Xi Meeting :Cautionary note to Wuhan

Ahead of the Modi-Xi meeting, a look at the mixed record of grand summitry History shows, the success of such grand summitry is mixed. As Prime Minister Narendra Modi prepares for his “informal summit” with Chinese President Xi Jinping at Wuhan in China later this week, it would be instructive to look at the reasons why not all summits, including the Kennedy-Khrushchev Vienna summit of 1961, have borne fruit. Suhasini Haidar The Hindu,India APRIL 26, 2018 00:00 IST UPDATED: APRIL 26, 2018 04:55 IST As a vantage point in Nepal, Mount Everest is an important symbol for India and China. What is not well known is the mountain’s contribution to the term “summit” to describe meetings between world leaders seeking to resolve monumental issues between them. It was in the 1950s that former U.K. Prime Minister Winston Churchill used the term, calling for a “summit of nations” to deal with the Cold War, even as an attempt to scale Mount Everest, which had captured the headlines, was under

Pakistan at crossroads & CPEC no

Islamabad should revamp its foreign and strategic policy intelligently and carefully in the transforming global political environment and also vigilantly combats internally the Hybrid warfare for smooth execution of CPEC projects. April 26, 2018 Dr Zafar Nawaz Jaspal PAKISTAN cannot ignore the great powers politics in Asia due to its geostrategic location, devastating dispute with India, and endless protracted asymmetrical warfare in Afghanistan. Paradoxically, the geostrategic location of Pakistan intensifies its significance in the strategic calculations of the great powers; concurrently it multiplies its vulnerability to external interferences. Today, diplomatically Pakistan is at the crossroads. It has gradually been loosing its significance in the Americans’ global strategic outlook. The cementing Indo-US strategic partnership has been causing misperceptions entailing differences between Pakistan and United States. Consequently, Americans have been distancing themselves from P

Belt and Road at a Glance: RWR Advisory

Belt and Road at a Glance: RWR Advisory Top Developments EU Ambassadors to China (sans Hungary) Rebuke BRI in Joint Letter On April 18,  Germany’s  Handelsblatt reported that 27 of 28 EU ambassadors to China had signed a joint statement criticizing the Belt and Road Initiative. Hungary , a major target of Chinese largesse, was the only EU member-state that did not sign the document. The main criticism  expressed  by the ambassadors was that BRI “runs counter to the EU agenda for liberalizing trade and pushes the balance of power in favor of subsidized Chinese companies.” While the report was not made public and is not necessarily an expression of policy from the countries involved, it is a significant setback for China’s hope of rallying EU member-state support for its reimagining of the global trading order. Chinese Ambassador to Pakistan: No Military Intent for CPEC Chinese Ambassador to  Pakistan  Yao Jing sought to allay growing concerns in the country about the strategic risk