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Showing posts from September 28, 2018

Belgium Sign Pact to Connect via Diamond Silk Road Railway

BUSINESS 19:17 28.09.2018(updated 21:21 28.09.2018)Get short URL Brussels and Beijing have inked a major bilateral agreement alongside organizations and institutions to initiate a passenger train service between port cities in the Old Continent and Middle Kingdom, challenging even Russia's Trans-Siberian Railway. Officials from both countries signed a memorandum of understanding (MoU) in Antwerp alongside the World Free and Special Economic Federation, Brussels-based Diplomatic World magazine, and Antwerp-based European Federation of Traditional Chinese Culture (EFTCC), Xinhua  reported  on Friday.  The Diamond Silk Road would allow passengers to travel via rail from Antwerp to Shanghai and back, linking 10 global cities including Brussels, Moscow, Ulaanbaatar and Beijing, and creating the world's largest free trade and manufacturing space.   READ MORE:  Gwadar to Become the Next Dubai, Vital for CPEC, Investment Company Says   Currently, only one freight rail service op

China’s Belt and Road Is Buckling

By: Yuen Yuen Ang | Sep 27 2018 at 06:00 PM |  International Trade    Like most Communist Party campaigns, the initiative is sprawling, chaotic and confused. (Bloomberg Opinion)  —Strategists in the West fear that China’s Belt and Road initiative is a vast, well-laid and finely orchestrated plan to extend Chinese hegemony over much of the developing world. They should be afraid of something else: It’s nothing of the sort. What many outsiders have missed is that the Belt and Road is a vision, not a plan. When Chinese President Xi Jinping laid out the scheme five years ago, he proposed an ambitious transcontinental effort to link the economies of some 80 countries, covering two-thirds of the world’s population, through improved trade and transportation links. How to translate Xi’s vision into concrete deals was left to other parties, both within and beyond the Chinese government. This modus operandi is typical in China, where the central government often issues broad directives and

Legislators urge construction of more dams

QUETTA, (UrduPoint / Pakistan Point News - 28th Sep, 2018 ) :Lawmakers emphasized that potential measures should be taken to establish dams on emergency bases in order to address  water  issues as its underground levels are deepening across province after approving unanimously  resolution  in session of  assembly . Deputy Speaker  Balochistan   Assembly Sardar Babar Musakhel chaired the  assembly  session on Friday. Lawmaker of Pashtoonkhawa Milli Awami Party (PkMAP), Nasrullah Zeray tabled a  resolution  which read that  Balochistan  is experiencing  drought   from  prolong times owing to this  water  levels is becoming alarm situation in the province. It said 75 percent population is dependable on agricultural and  agriculture  of province is at the verge of damaging position, therefore the provincial  government  should take necessary steps to establish big dams and small dams after consultation of legislators and experts engineers. "The provincial  government  in consultati

Women, children in Balochistan suffering from malnutrition due to drought-like situation

REPORT from  DAWN Group of Newspapers Published on 27 Sep 2018 — View Original Syed Ali Shah | September 27, 2018 Nearly 52 per cent children have reportedly become the victim of stunting as result of severe undernourishment due to the drought-like situation in the province, Dr Ali Nasir Bugti, the coordinator for Balochistan nutrition cell, told DawnNewsTV. “Child mortality rate in the province is high as compared to other provinces of the country owing to chronic malnutrition for mothers and children,” Dr Bugti said. Dr Bugti, however, said that 16 per cent children in the province faced acute undernourishment while 40 per cent were underweight, terming it an alarming situation. Balochistan government, in collaboration with World Bank and Unicef, has formed a nutrition cell to overcome chronic malnutrition crisis in the province, he said. Moreover, Balochistan Rural Support Programme chief executive Nadir Gul Bareech said, “The access to safe drinking water, sanitation, hea

Balochistan CM vows to end poverty

Bahram Baloch September 29, 2018 GWADAR: Balochistan Chief Minister Jam Kamal Khan Alyani said on Friday that his government was committed to tapping the vast natural resources of the province and using them for poverty alleviation in the province. Speaking at an exhibition of mineral resources titled ‘Marble and Mineral Expo 2018’ in Gwadar, the chief minister said that through international investment in projects related to the China-Pakistan Economic Corridor (CPEC) Balochistan’s natural resources could be explored. He said the province’s resources would be used for betterment its people. Mr Alyani said after becoming fully functional the port in Gwadar would turn this city into a hub of international trade and boost trade activities in the country. ARTICLE CONTINUES AFTER AD The chief minister said his government was giving due importance to Gwadar and trying to provide all basic and modern facilities to it. The government was taking keen interest in developing Gwadar as a m

IMF request for CPEC contract details declined

By  Shahbaz Rana Published: September 29, 2018 CPEC route. PHOTO: AFP ISLAMABAD:  The International Monetary Fund (IMF) is looking for contract details of the China-Pakistan Economic Corridor (CPEC) projects amid the West’s deepening interest in the strategic arrangement between the two “all weather” friends. The visiting IMF delegation raised the issue of CPEC deals during a meeting with the officials of the Ministry of Planning and Development, according to the sources. The Pakistani side was led by Federal Minister for Planning, Development and Reform Makhdoom Khusro Bakhtiar. “The ministry gives an overview of the macroeconomic outlook and progress on the CPEC initiative to the IMF team,” said the sources. Proposing Saudi Arabia as CPEC partner The IMF staff-level delegation is visiting Pakistan to assess the country’s macroeconomic situation. Its Washington-based Mission Chief, Harald Finger, is leading the delegation that comprises officials from the fund’s Lending Poli

CPEC debts: China concerned after change in government?

  HARSHA KAKAR The best bet for China is to keep the Pakistan army happy. Photo: Wasif Malik — © Flickr/CC BY 2.0 The recent visit by the Pakistan army chief, General Bajwa, to Beijing and his comments there indicate a desperate attempt by both countries convincing the other that all is well in the continuation of the CPEC. This comes after multiple statements in the Pakistani media about the present government seeking to revisit the terms and conditions of the CPEC considering the debt burden which Pakistan has begun to face. The Pakistan commerce minister had even suggested suspending all projects for a year, thus enabling the government to regain fiscal control. Simultaneously, Pakistan is seeking options for a bailout but is hesitating to approach China as it is already in deep debt. General Bajwa’s visit is the first after the new government, supported by the army, assumed office. His visit came concurrent to the visit of Prime Minister Imran Khan to Saudi Arabia and the UAE

Axios China: Newsletter By Bill Bishop 

·Sep 28, 2018 Happy last Friday of Q3. China is on vacation for the National Day holiday, also known as "golden week" next week so unless there is big news there may be no newsletter next Friday. Thanks for reading, and if you want a daily and deeper look at China, please check out my daily  Sinocism China Newsletter  and follow me on  Twitter @niubi .   1 big thing: A rough week for U.S.-China relations Illustration: Sarah Grillo/Axios   This last week may rank among the worst few days in U.S.-China relations in recent memory: On Monday the latest round of reciprocal tariffs took effect and China rejected the U.S. invitation for trade talks in Washington.In response to U.S. sanctions on a department in the People's Liberation Army and its head over Russian weapons purchases, China recalled its navy commander from his U.S. visit and  postponed military talks  scheduled for Sept. 25–27.The U.S. approved a $300 million arms sale to Taiwan.China denied a U.S. request

Saudi Arabia should refrain from trusting Pakistani lies on Balochistan

Saudi Arabia should refrain from trusting Pakistani lies on Balochistan – Commander Aslam Baloch September 28, 2018 From news desk of (The Balochistan Post) brought to you by (Current Balochistan) Leader of Baloch Liberation Army (BLA) has cautioned Saudi Arabia from believing Pakistani lies on Balochistan. Commander Aslam Baloch of BLA said in his tweets on Friday that: “No country including Saudi Arabia should believe Pakistani lies regarding Balochistan.” He added that Balochistan is an occupied territory and Baloch youth are continuously struggling for its independence. Tweets of BLA leader came only a day after Pakistan’s Information Minister said that Saudi Arabia will invest in China funded multi-billion dollar project China Pakistani Economic Corridor (CPEC). Addressing a media conference, Information Minister Fawad Chaudhry had said that three agreements of grant have been signed with Saudi Arabia and a delegation of Saudia Arabia will reach Pakistan on Sunday. “Saudi

Saudi Arabia to finance three CPEC projects

Syed Irfan Raza Updated September 28, 2018 Prime Minister Imran Khan had called on King Salman bin Abdul Aziz on Sept 19.— PID/File ISLAMABAD: The government of Saudi Arabia has signed three grant agreements with Pakistan to finance three road infrastructure and energy projects under the China Pakistan Economic Corridor (CPEC). “These agreements have been inked in line with the understanding reached during Prime Minister Imran Khan’s recent visit to Saudi Arabia,” Information Minis­ter Fawad Chaudhry told a press conference on Thursday. The agreements were signed by the Saudi envoy and the officials of Pakistan’s finance ministry. Minister says agreements on Reko Diq gold, copper mines and Gwadar oil refinery likely to be signed next week “The first step has been taken as three grant agreements have been signed. This is a very positive step and bodes well for relations between the two countries,” the minister added. ARTICLE CONTINUES AFTER AD Giving a briefing about the fe

China’s Naval Success and Its Grand Strategy

By Emil Avdaliani September 28, 2018 US CNO Adm. Jonathan Greenert departs PLAN ship Datong FFG 580 with ship's Commanding Officer Lt. Cmdr. Hao He, US Navy photo by Chief Mass Communication Specialist Peter D. Lawlor via PacCom BESA Center Perspectives Paper No. 961, September 28, 2018 EXECUTIVE SUMMARY:   US world power rests upon its ability to dominate the seas and the world’s commercial and military routes. Any power aspiring to a similar position goes against American geopolitical interests. China’s naval successes in the past decade or so therefore have far-reaching effects as the country is gradually becoming more experienced in military operations in far-flung regions across the globe. A look at the map of China shows what the country’s geopolitical imperatives have been over the course of centuries. Perhaps the first goal of all the successive Chinese dynasties was to gain and maintain control of the heartland – the Han core, which contains major Chinese rivers an

TRIVIUM CHINA: The Tip Sheet, know china better

TRIVIUM CHINA HEARD IN BEIJING "Any remarks that badmouth state-owned enterprises are wrong." - Xi Jinping , CCP General  Secretary Some context:  In case anyone missed his message on Wednesday, Xi doubled down on the notion that SOEs are key to China’s future on Thursday. More in the Tip Sheet below.  Double down on your support of the Tip Sheet. Send it to friends and colleagues and tell them to  click here to subscribe.  Special note: The Tip Sheet will be off next week for the week-long National Day holiday in China. We hope everyone has a good, relaxing week – we know we will. See everyone on October 8!  THE TIP SHEET DRIVING THE DAY 1. Xi tries to balance his message in Dongbei Xi Jinping is still on road in Dongbei.  On Thursday, he visited yet another SOE, calling on a petrochemical facility in Jilin. In case he didn’t make the message clear before, Xi doubled down on the idea that SOEs are indispensable to China’s economy, and key to China’s future (Xinhua