Skip to main content


Showing posts from May 15, 2018

Look to India for returns, not China's Belt-and-Road, funds say

By Bloomberg | Updated: May 16, 2018, Some of Asia’s biggest infrastructure investors are seeing plenty of opportunities in India. In China’s mammoth Belt-and-Road initiative, however, not so much. By Matthew Burgess and Alyssa McDonald Some of Asia’s biggest infrastructure investors are seeing plenty of opportunities in  India . In China’s mammoth  Belt-and-Road  initiative, however, not so much. India is a key market for Macquarie Group thanks to strong economic growth and state asset sales, said Frank Kwok, co-head of Asia Pacific at Macquarie Infrastructure & Real Assets. Hence its recent purchase of nine toll-roads with charges indexed to  inflation . ADVERTISEMENT China’s Belt-and-Road, however is more driven by geopolitics than investment returns, he said at the Bloomberg Invest Australia summit in Sydney on Wednesday. “It’s very much a China-led initiative, but really it’s about the entire region,” said Kwok. “But because one of the main drivers is that it’s for Chi

Is China a Colonial Power?

By James A. Millward Mr. Millward is a China scholar and historian of the Silk Road. May 4, 2018 查看简体中文版 查看繁體中文版 Image The Yantai Railway Station in China’s Shandong Province.CreditTang Ke/Xinhua, via Getty Images In a lesser-known novel, “Claudius Bombarnac,” Jules Verne describes the adventures of the titular foreign correspondent as he rides the “Grand Transasiatic Railway” from the “European frontier” to “the capital of the Celestial Empire.” A cast of international characters, by turns comical, curious and shady, accompanies the French reporter by train from the Caspian Sea to Peking, narrowly escaping bandits and delivering a mysterious cargo. When first published in 1893, the book was futuristic fiction. There was no continuous rail link across Eurasia. There still isn’t, but 125 years later China now envisions financing and building multiple such overland routes (with much faster trains). That’s for the “belt” portion of what it calls the “One Belt, One Road” initiative

New 'Silk Road' brings challenges and opportunities for biodiversity conservation

Environment protection should be a priority for the Chinese initiative to promote global trade GERMAN CENTRE FOR INTEGRATIVE BIODIVERSITY RESEARCH (IDIV) HALLE-JENA-LEIPZIG      London. In an article published this week by the renowned journal  Nature Sustainability , an international team of scientists argues that environmental protection should be a priority for the "Belt and Road" initiative. This Chinese project would then represent not only an investment to foster international trade but also an opportunity for sustainable development leadership. Among the team, who calls for rigorous strategic environmental and social assessments, are researchers from the Research Center in Biodiversity and Genetic Resources (CIBIO-InBIO) in Portugal, the Martin Luther University Halle-Wittenberg and the German Centre for Integrative Biodiversity Research (iDiv). China is establishing an infrastructure and service network to connect the country, by land and sea, to different parts

Sanjrani inaugurates desalination plant in Gwadar

Behram Baloch GWADAR: Senate Chairman Sadiq Sanjrani said on Tuesday that the Gwadar port would benefit not only Pakistan but also the whole region. Speaking at the inauguration ceremony of a desalination plant installed with the assistance of a Chinese company at the Gwadar port, he said the port would invigorate international financing and bring in economic revolution in the region. The desalination plant would provide 254,000 gallons of drinking water daily to residents of Gwadar. He said the plant was a gift from China and efforts would be made to increase its capacity. ARTICLE CONTINUES AFTER AD The Senate chairman stressed the need for proper utilisation of the resources of Balochistan so that poverty could be eradicated from the province. Published in Dawn, May 16th, 2018

PFUJ seeks probe into violence on journalist in Balochistan

ISLAMABAD: The Pakistan Federal Union of Journalists (PFUJ) President Afzal Butt and Secretary General Ayub Jan Sirhindi have expressed concern over the events that took place against journalists in Balochistan. In a joint statement issued here Tuesday, they condemned the events that were patronised by the government in Balochistan under the patronage of provincial ministers against journalists. They said atrocious violence on journalist Murtaza Zehri in the presence of provincial minister Sarfraz Bugti in Quetta is the worst example of brutal violence. They said the PFUJ strongly condemns the incident and demands of the provincial government to immediately set up a judicial commission headed by a high court judge to investigate this incident. They said the investigation should be open and if the government did not take any action in this regard, then the PFUJ would be forced to take a major step. The leaders of the PFUJ said that journalists in Balochistan have faced unlawful cond

The Library: A modern need of education

By Engineer Saeed Jattak No doubt the technology enhancement has transmuted the modern world and brought the effortless mechanism to reduce human tough works, but these all organized efforts are infeasible without felicitous education. Education is the most potent weapon which enables to deal with humans and machines. In education, there is the major role of libraries. A library is a collection of sources of information and related resources, made reachable to the public for a reference. The libraries are to help in understand the research methodologies, the art of teaching, research development, encourage building confidence and determining to form the awareness in all kind of academic and social activities through books, CDs, journals, research paper, magazines and digital gadgets. For some individuals “Library” evokes pictures of books and very little more. In spite of the fact that books remain a center component and are helpful with more routes than regularly comprehended, lib

Reading Sindh’s past

Sarwat Ali   A selection of articles from the Journal of Sind Historical Society that ceased publication after partition and is now largely forgotten Sindh has always taken pride in its syncretic cultural image but now, with greater polarisation based on religious, ethnic and sectarian identities, it appears the reading of Sindh’s past is undergoing a change as well. The Manzilgarh incident of 1939, the All India Muslim League formation of the government in 1942 , the election result of 1946 and then partition affirmed that the processes by which people created their identities in Sindh became less intertwined and more colloidal. Syncretism, a positive term, has not always been understood as such. It has negatively been described as a jumbled and confusing mixture of religions and distinguished hybrid, and thus like lesser religions than what is pure and authentic. Syncretism can result from violent domination where one group conquers a different group, a product of large-scale i

Narendra Modi and Xi Jinping signal reset at Wuhan, but BRI and Afghanistan may further complicate relations

India   Prateek Joshi   The “ informal dialogue ” held between Prime Minister Narendra Modi and President Xi Jinping at Wuhan, popularly dubbed as a strategic reset, besides paving way for unconditional talks, came with the expectation to fundamentally alter the Sino-Indian discourse at two levels: Addressing the bilateral irritants and working towards shaping the international order led by the two Asian powers. Prime Minister Narendra Modi and Chinese President Xi Jinping walk together in Wuhan, China. AP Although no formal agreements were signed given the nature of the dialogue, the signalling was clear that it was high time both the sides needed a new methodology to assess the volatile relationship and look beyond the zero-sum nature the relationship bilateral ties were locked in. As evident, the driving factors during the run-up to the new understanding stemmed from the need to take the bilateral relationship beyond Doka La-esque episodes and filling the vacuum created by Am

Belt and Road boosts Chinese culture industry

Posters of the movies The Super Wings and Back KomCREDIT: PROVIDED TO CHINADAILY.COM.CN Zhang Xingjian Beijing symposium highlights the opportunities for expansion of China-based enterprises in a range of fields, including cartoon animation, ice acrobatics and tea Asymposium setting out to better implement the Belt and Road Cultural Development Action Plan (2016-20) by the Ministry of Culture and Tourism, and support key projects and enterprises through lectures and presentations, was held at the Beijing-based Central Academy of Cultural Administration on 23-27 April. During the seminar, more than 40 key projects, covering many fields of the creative cultural industry, were chosen as finalists to give presentations on their projects. interviewed five project managers who shared their enterprises’ understanding of the Belt and Road Initiative. Big chance for Chinese cartoons going global Jiang Cong, director, president’s office, Guangdong Alpha Animation and Cul

Masood Khalid says Pakistan committed to successful completion of CPEC

“I would like to reaffirm that regardless of any political change in Pakistan, our commitment towards the successful completion of CPEC will not change,” BEIJING:  Pakistan Ambassador to China, Masood Khalid has reaffirmed that regardless of any political change in Pakistan in wake of the forthcoming general elections, the commitment towards the successful completion of China Pakistan Economic Corridor (CPEC) would not change. He said addressing a select gathering at “ Belt and Road Initiative International Think-Tank Launch Meeting ” held. He said friendship with China is the cornerstone of our foreign policy. This friendship is deeply embedded in the hearts of Pakistani people. He said that 2018 was the year of general elections in Pakistan and a new government was expected to be formed in August or September this year, following the general elections. “I would like to reaffirm that regardless of any political change in Pakistan, our commitment towards the successful completion

The Economic Cost of Conflict

Pathways for Peace: Inclusive Approaches to Preventing Violent Conflict

Violent conflicts today are complex and increasingly protracted, involving more non-state groups and regional and international actors. It is estimated that by 2030—the horizon set by the international community to achieve the Sustainable Development Goals—over half of the world’s poor will be living in countries affected by high levels of violence. Information and communications technology, population movements, and climate change are also creating shared risks that must be managed at both national and international levels. Pathways for Peace: Inclusive Approaches to Preventing Violent Conflict   is a joint United Nations–World Bank Group study that originates from the conviction that the international community’s attention must urgently be refocused on prevention. A scaled-up system for preventive action would save between US$5 billion and $70 billion per year, which could be reinvested in reducing poverty and improving the wellbeing of populations. The study aims to improve the

Belt and Road participants discuss taxation cooperation

ASTANA, May 14 (Xinhua) -- More than 200 representatives of over 50 countries, regions and international organizations met here on Monday to discuss tax cooperation under the Belt and Road Initiative. The three-day meeting in the Kazakh capital will focus on the legal affairs and dispute settlements related to taxation. The establishment of long-term taxation cooperation for participants of the Belt and Road Initiative is a practical move to overhaul international taxation governance, improve the environment for business and boost global economic growth, said Wang Jun, director of China's State Administration of Taxation. Kazakh Deputy Prime Minister Erbolat Dossaev said the alignment of the country's "Bright Path" new economic policy with the Belt and Road Initiative would contribute to economic and social development in Kazakhstan and elsewhere. The Belt and Road Initiative, proposed by Chinese President Xi Jinping in 2013, comprises the Silk Road Economic Belt

Without international support, success of China’s ‘One Belt, One Road’ unrealistic: scholar

If large powers in the region and the world do not actively cooperate with the BRI, risk factors will greatly increase over time for the project, says Chinese scholar Huang Renwei   By  Duncan DeAeth ,Taiwan News, Staff Writer 2018/05/15 15:07 TAIPEI (Taiwan News) – On Monday May 14, at the “ First Shanghai Forum on the Belt and Road Initiative” scholars met to discuss the Chinese project that has been dubbed the “new silk road,” with at least one scholar raising warnings about the long-term sustainability of the project. If China’s campaign to integrate Asia’s regional markets under Chinese leadership does not have the support and cooperation of the major regional powers, then the One Belt, One Road Initiative (BRI) will become increasingly difficult to maintain, and is unlikely to yield long-term success, argued one scholar. Huang Renwei (黃仁偉) is the dean of Fudan University’s Belt, Road and Global Governance Research Institute (一帶一路及全球治理研究院). His remarks at the forum put the

Japan focuses on maritime security in new ocean policy

Prime Minister Shinzo Abe speaks at a meeting on the nation's ocean policy at the Prime Minister's Office on Tuesday. | KYODO Japan approved Tuesday a new ocean policy that highlights maritime security, amid perceived growing threats from North Korea and China, in a reversal from the previous version which focused largely on sea resource development. The ocean program cited threats from North Korea’s launching of ballistic missiles, and operations by Chinese vessels around the Japan-controlled and China-claimed Senkaku Islands in the East China Sea. “Amid an increasingly severe maritime situation, the government will come together to protect our territorial waters and interests at sea,” Prime Minister Shinzo Abe said in a meeting of the government panel on ocean policy. The contents of the third Basic Plan on Ocean Policy are expected to be reflected in the government’s defense buildup guidelines that are set to be revised in December. Since its first adoption in 2008, the

Why India needs to keep a tab on the new silk road

Linking Xinjiang to south Asia seems to be a new dream for the leadership in Beijing. CLAUDE ARPI After focusing for years on Lhasa and southern Tibet, Beijing has decided to invest in the development of western Tibet, known as the Ngari Prefecture of the Tibetan Autonomous Region (TAR). Despite the 2015 Nepal earthquake which delayed the building of infrastructure in the area, particularly the railway line Lhasa-Kyirong at the Nepal border, the work has now started at an accelerated pace. Economic angle One project which could have serious strategic implications for India is the extension of the National Highway G216 from Xinjiang to Kyirong landport; linking Xinjiang to south Asia seems to be a new dream for the leadership in Beijing. Though technically it is a formidable challenge to cross the Kunlun range, the Chinese engineers are determined to implement the scheme. This could also have immense economic consequences as it may become the main conduit of a new Silk Road from

CPEC & Pakistani Economy: An Appraisal

CPEC & Pakistani Economy: An Appraisal by Dr. Ishrat Husain, Dr. Shahid Rashid, Mr. Yasir Arrfat “This publication “CPEC and Pakistani Economy: An Appraisal” is a combine effort of H.E Dr. Ishrat Husain and CoE-CPEC to disseminate the most updated and authentic information about CPEC. We are sure that this booklet will go a long way by serving our effort to reach out all the relevant quarters and stakeholders including masses to know about the ongoing and futuristic projects of CPEC.” Download

CPEC, Pakistan economy: An appraisal launched

May 15, 2018 Islamabad THE Centre of Excellence-CPEC (CoE-CPEC) a think tank runs by Pakistan Institute of Development Economics (PIDE) and the Ministry of Planning, Development & Reform (MoPDR) held a launching ceremony at Serena Hotel today of its publication, “CPEC and Pakistani Economy: An Appraisal” which is a combined effort of H.E. Dr. Ishrat Husain and Centre of Excellence-CPEC, Islamabad to disseminate the most updated and authentic information about CPEC. We are sure that this booklet will go a long way by serving our effort to reach out all the relevant quarters and stakeholders including masses to know about the ongoing and futuristic projects of CPEC. Chinese Ambassador to Pakistan, Yao Jing was the chief guest at the occasion. Other officials were Shoaib A. Siddiqui, Secretary (MoPDR), Hassan Daud, Project Director (CPEC), Sumaira Nazir Siddiqui, Secretary Board of Investment, Dr Safdar A. Sohail, Director General (National Institute of Management), Dr Shahid Ras

French companies interested in CPEC, says envoy

Parvaiz Ishfaq Rana KARACHI: French companies would like to explore the China-Pakistan Economic Corridor (CPEC) project and try to discuss entry points after negotiations, Ambassador of France to Pakistan Dr Marc Barety said on Monday. “The French president during his recent visit to China had already given his views on CPEC which he believed to be a good connectivity for the region. “As a matter of fact we are not waiting for CPEC because French companies are already investing in Pakistan but still in future would like to explore it and find a space on getting equal opportunity,” the envoy said while talking to newsmen after inaugurating a bed linen factory set-up under a joint venture between French company Duquennoy et Lepers and Pakistani company D L Nash (Pvt) Ltd. Dr Barety disclosed that France has a portfolio of €700 million for development projects in Pakistan, with an increase €150 million on pro rata basis. ARTICLE CONTINUES AFTER AD He added that €150m has been alloc

Central Asian Republics urged to utilise potential of Gwadar port

ISLAMABAD: Pakistan truly stands at a historic juncture. The country’s strategic location, once being a liability is now a bridge between Europe and Asia. Center of economic power is shifting from the West to East. Over the years Asia has become a leading player in the emerging economies of the world, stated Deputy Chairman Planning Commission Sartaj Aziz. He was speaking at the seminar on “Dynamics of Geo-Politics, Regional Security and Economic Connectivity” organised by National Security Division in collaboration with the Center for Research and Security Studies (CRSS) in Islamabad, which was attended by the ambassadors of Central Asian Republics (CARs). He said that regional connectivity in Asia now lies at the center of the Chinese-led Belt and Road initiative which aims to connect Asia with Europe and CPEC, a central part of this network, is an all-inclusive economic corridor for the region. National Security Advisor Nasser Khan Janjua stated that Pakistan by connecting 86%

Gwadar in fast track of development, bringing new avenues of business, jobs for Pakistanis

by Jamil Bhatti ISLAMABAD, May 14 (Xinhua) -- Once being an ignored tiny indolent fishing town located at the Arabian Sea in Pakistan's southwest Balochistan province, Gwadar now witnessed a wave of development projects that is opening new avenues of employment and businesses for locals and will lay a strong infrastructural foundation for the country's future. From 2013, the deep-water port is making its new identity. It has become fully functional since late 2016. Its free zone first phase and business center have been constructed within an astonishing six months earlier this year and embraced its first liner in March. Now, people in the remote Gwadar could also enjoy speedy 4G mobile connection to interact with the rest of the world. According to the port's operator, China Overseas Ports Holding Company (COPHC), some 20 companies in different businesses have already joined the Gwadar free zone with direct investment of 3 billion Chinese yuan, or some 460 million U.S.

Pakistan may find itself on FATF blacklist after June

ANWAR IQBAL WASHINGTON: Pakistan may find itself on the blacklist of a global financial watchdog if it does not prepare a comprehensive action plan to eradicate terrorist financing by June, official sources told  Dawn . The 37-nation Financial Action Task Force (FATF) held its plenary meeting in Paris last week where it placed Pakistan on a watchlist of the countries where terrorist outfits are still allowed to raise funds. On Friday, the group issued an updated grey list, along with a statement announcing the decisions taken at the plenary session, and Pakistan was not on the list. Officials in Islamabad interpreted this as a “breather”, although it’s more of a technical detail. The grey list identifies the “jurisdictions with strategic anti-money laundering/countering the financing of terrorism deficiencies for which they have developed an action plan with the FATF”. Pakistan has not yet worked out the proposed plan with the FATF and that’s why it’s not on the list. The FATF c