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Showing posts from June 14, 2018

China’s Belt and Road plans dismay Pakistan’s poorest province

Financial Times Protests reveal anxieties about the true terms of massive infrastructure project An agreement between Pakistan and China stipulates that 91 per cent of the revenues from Gwadar port go to the port's Chinese operator © AFP     June 14, 2018 12:23 pm by Adnan Aamir It is a scorching hot June day in Gwadar, a  port city  on the southwestern coast of Balochistan, and more than a dozen eight-year-old children have blocked a road by lying across it. Dressed in traditional shalwar kameez, the kids are protesting against a severe water shortage and long hours without electricity. The traffic is stopped for a while but then the children get up, rub the dust off their clothes and run towards the crowded markets. Balochistan, where I grew up and now work as a journalist, is the largest province of  Pakistan  by area, but the least populated. Sharing borders with Iran and Afghanistan, it is also the country’s least developed province: three out of four people live below

Current Balochistan: Conflict updates from ground

14/6/2018:- KARACHI :- ▶ On 24 may 2018 Pakistani intelligence abducted Masood S/o Master Karim Dad R/o karki Mashkey from Karachi. He was released today On 14the june from Khuzdar 14/6/2018:- PANJGUR :- ▶From Gichk ,Panjgur Khalid S/o Karim baksh was abducted on January 3 2018 , On 14th June 2018 he was released and reached home 14/6/2018:- KARACHI :- ▶In 29 June 2016 Pakistani army abducted Anwar Saki'Dad S/o Dad R/o kohado Jahoo, Awaran, He was released today from hub chowki 14/6/2018:- KARACHI :- ▶From Germany to Karachi Naeem S/o Chakar R/o Mand Dal'sar was abducted from Jinnah airport on may 2016 after 2 years of torture he was released from kech and reached home. 14/6/2018:- KECH :- ▶On 5 December 2017 Pakistani army abducted Nurdad S/O miraan R/o Mand Tijaban, he was released today,, On October 2016 from Sary'klag Gowrkup Pakistani army abducted  Mohammed S/O Shahdad R/O Gowrkup ,and Noor Mohammed were also released today.

Hong Kong Collaborating along the Belt and Road

By KPMG The Hong Kong advantage Hong Kong has a significant role to play in the development and success of the BRI. The city is regarded as one of the world’s freest economies, with a vibrant capital market, an extensive network of financial institutions, a robust legal system and an experienced pool of human capital. As an international finance centre and shipping hub, Hong Kong is well-positioned as a super-connector to the fast-growing BRI economies, and is set to play a prominent role in facilitating trade and investment, and encouraging cooperation in value-added sectors along the Belt and Road. A policy agreement signed in December 2017 between Hong Kong and the National Development Reform Commission (NDRC) (referred to herein as the HK-NDRC Arrangement) is also set to expand Hong Kong’s role in the BRI. Hong Kong’s key competitive advantages 1. Established international financial centre The provision of financing and capital markets solutions represents a key driver of in

Embracing the BRI ecosystem in 2018: Navigating pitfalls and seizing opportunities

By Deloitte China-proposed Belt and Road Initiative (BRI), which has been a large part of the investment landscape across a swathe of the world for four years, will become increasingly important. This paper summarises Deloitte’s key BRI insights for 2018, and also explains how industry players can best position themselves to seize the ever-widening range of BRI investment opportunities... Winners and global resonance BRI 2.0 In May 2017 at the BRI Forum in Beijing, President Xi told attendees that the vision underpinning BRI “is becoming a reality and bearing rich fruit,” adding that “a solid first step has been taken.” Naturally some regions and industries have done better than others. Southeast Asia and South Asia remain key beneficiaries and, our research shows, remain the most favored by SOEs (figure 9). For the former, that is partly due to proximity to China and a higher state of development, and partly due to the demand for better infrastructure. For the latter, the size o


Source: SupChina Supreme Court rules against Chinese firms Supreme Court hands Trump win in China antitrust case  / Reuters “The U.S. Supreme Court sided with the Trump administration and against China on Thursday on a disputed aspect of their fraught trade relationship, throwing out a lower court ruling that had allowed two Chinese vitamin C makers to escape $148 million in damages for violating American antitrust law.” Debt control takes a toll As China curbs borrowing, growth shows signs of faltering  / NYT (paywall) “But curbing debt may have significant consequences in China and elsewhere… Domestically, China’s credit crackdown has affected smaller businesses hardest.” Chinese media abroad China is spending billions on its foreign-language media  / Economist (paywall) “CGTN is at the forefront of China’s increasingly vigorous and lavishly funded efforts to spread its message abroad. Xi Jinping, the president, has told the station to ‘tell China stories well.’” Mainland

Infrastructure: Green Inside, not Outside

Since the inauguration of Belt and Road Initiative (BRI) in 2013, the discussion surrounding  greening the initiative  has moved from the shadows into the spotlight. For China’s internationalizing construction companies, it is now more important to,  ex-ante , examine the sustainability of infrastructure projects and their impact on the local environment. This shift has resulted from the Chinese government adopting a more proactive stance on environmental standards; knowing that projects can fail if those standards are not upheld. The acceleration has been particularly pronounced over the three years. President Xi pledged US$2 billion in 2015 in order to promote the UN Sustainable Development Goals and to improve the sustainability of infrastructure development. More recently, Xi called for a ‘Green BRI Investment Strategy’ during the inaugural Belt and Road Forum that was held in Beijing in May 2017. Specific climate measures for such a strategy proposed during the forum include the

This week's Silk Road Headlines

Silk Road Headlines 13 June 2018 Source: Louis Vest/flickr  Siemens, one of Europe’s largest companies, announced that it has signed agreements with several major Chinese companies to jointly explore business opportunities in Asia, Africa and Latin America that are related to the Belt and Road Initiative. Relevant fields include power generation, energy management, building technology and intelligent manufacturing. The German company’s CEO, Joe Kaeser, clearly is enthusiastic about BRI: ‘We support the call of the Belt and Road Initiative … BRI has proven to be a wise and powerful force for accelerating infrastructure development already in many participating countries’. In early June Siemens organised a Belt and Road International Summit in China. Moreover, the company established a Belt and Road Office in Beijing, a ’global hub responsible for executing the company’s BRI business strategy’  [Siemens embraces ‘wise and powerful’ Belt and Road] . A report by Deloitte names several

Belt & Road Advisory website

 (新丝路咨询) The  Belt and Road Initiative  (BRI) is history’s largest infrastructure and trade route build out. As global interest in the BRI continues to rise, the Belt and Road Advisory was established to help organizations make more informed decisions.    First and foremost, we seek to educate about BRI via our analysis, blog and podcast. Uniquely, we deliver this knowledge to both Chinese and English speaking audiences. Furthermore, we offer professional advisory services on all matters concerning the Belt and Road Initiative. See Belt & Road Advisory website


CHINA POLITICS AND CURRENT AFFAIRS Above-average salaries at Chinese state TV in London  China's state TV wants to hire more than 350 journalists in London  / BuzzFeed “Over the next 18 months, up to 300 more producers and journalists will be hired for the station to be based in the suburb of Chiswick. According to one person approached for a role, the salaries are ‘well over’ the average for journalists in London.” Fishing out the world’s oceans China’s long-distance fishing fleet reliant on subsidies  / Financial Times (paywall) “The largest subsidies are provided by Japan ($841m) and Spain ($603m), followed by China ($418m), the report said. Apart from those payments, exploited labour and under-reported catches may explain how large vessels can afford to continue fishing in the high seas, it said.” North Korea: Trump-Kim meeting aftermath  The biggest winner at the U.S.-North Korea summit: China  / New Yorker “Nobody greeted the news from Singapore with more delight t

CPEC 2018 Summit: Cashing in on the Renminbi

The internationalisation of the Renminbi will be key to furthering trade with China, writes Shahzad Dada. Written by  Dawn e APPROXIMATELY 2,000 years ago, China initiated opening of a pancontinental trade route connecting Asia, Europe and Africa which is today known by the name of Silk Road. The route provided people from different cultures, backgrounds, religions and races an opportunity to come together and inter-relate for a common purpose of pursuing prosperity. Fast forward to the 21st century, after experiencing an unprecedented GDP growth rate of over nine per cent over the last 40 years, Chinese President Xi Jinping in 2013 proposed the Belt and Road Initiative (BRI). This was the emergence of combination of land and maritime routes connecting China to Asia, Africa, Europe and Oceania. The focus of the initial phase was infrastructure, transportation and energy. Since the announcement, over 100 countries, including Pakistan, India, Russia, Poland, Turkey and New Zealand,