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Showing posts from October 4, 2018

Investment opportunities in Gwadar highlighted

Our Staff Reporter October 05, 2018 ISLAMABAD - Chairman Senate Muhammad Sadiq Sanjrani Thursday said that there were enormous prospects for different countries to invest in Gwadar, adding that various projects were being executed under China-Pakistan Economic Corridor initiative in the port city. READ MORE:  PM Khan joins UN chief’s ‘Circle of Leadership’ on preventing sexual abuse He called upon envoys who met him here on Thursday that their countries should benefit from the opportunities for enhancing bilateral economic cooperation with Pakistan. During separate meetings with ambassadors of Romania, Qatar, France and High Commissioner of Australia, Sanjrani said that with improving security situation, investment opportunities had increased manifold in Pakistan, especially in Gwadar region.  While speaking to Ambassador of France Marc Barety, the Chairman Senate said that Pakistan-France Friendship Group had been renewed in the Senate of Pakistan which would be beneficial for

Saudi-built mega oil city near Gwadar port to complement China's BRI

Analysis: Saudi-built mega oil city near Gwadar port to complement China's BRI Updated 2018-10-05 11:38 GMT+8 By Abhishek G Bhaya As Saudi Arabia seeks to expand its economic horizons and diversify from a largely oil-based model through collaboration and foreign investments, China is increasingly emerging as a natural partner of the Gulf kingdom. China's State Councilor and Foreign Minister Wang Yi, while hosting his Saudi counterpart Adel bin Ahmed al Jubeir in Beijing this July, called for "deeper alignment" between Beijing's Belt and Road Initiative (BRI) and Riyadh's "Vision 2030" development strategies. In a sign of its increasing commitment to BRI, Saudi Arabia will build a mega oil city in Pakistan and take part in business and investment ventures complementing BRI's flagship China-Pakistan Economic Corridor (CPEC), according to a senior Pakistani minister who clarified though that Riyadh will not join as CPEC's "third strat

Editorial: Another U-turn

  RECORDER REPORT    OCT 5TH, 2018    EDITORIAL The PTI government in its relatively short time in office has betrayed a tendency to go off half-cocked on important policy decisions and then be forced, once the implications come back amidst fresh controversies virtually every day, to retreat (popularly castigated as a habit of taking U-turns). The latest example of this style of governance is provided by the federal Minister of Planning and Development Khusro Bakhtiar being forced to deny in a press conference that Saudi Arabia was being made part of the China Pakistan Economic Corridor (CPEC) framework. The federal Minister of Information Fawad Chaudhry accompanying Bakhtiar had announced two weeks ago that Saudi Arabia was being included in CPEC to turn it into a trilateral arrangement. Now Khusro Bakhtiar had to step in to do damage control amidst reports that China is perturbed at not being consulted prior to the announcement regarding Saudi Arabia's entry into CPEC. These re

China’s global influence, investigated by National Public Radio

A series called “ China unbound ” already includes these stories: China unbound: What an emboldened China means for the world  / NPR Chinese companies get tech-savvy gobbling up Germany's factories  / NPR Australia and New Zealand are ground zero for Chinese influence / NPR Chinese leaders leverage media to shape how the world perceives China  / NPR How the Chinese government works to censor debate In Western democracies  / NPR Will Morocco's Chinese-funded 'Tech City' ever break ground?  / NPR

Cui Tiankai denies existence of camps in Xinjiang Cuī Tiānkǎi 崔天凯, China’s ambassador in Washington, gave an interview to NPR yesterday. Most of the speech seemed quite sensible, and Cui’s silver-tongued responses show why he has been entrusted with China’s most important bilateral relationship. But when asked about Tibet and Xinjiang, Cui lies and dissembles with a Trumpian flair. Here is a  transcript . His major points are summarized below: Cui’s main complaints  about the Trump administration are that “the U.S. position keeps changing all the time so we don't know exactly what the U.S. would want as priorities,” and that the Americans are trying to make a new deal where “the U.S. will get 100 percent and China will get zero.” Cui admitted to following Donald Trump’s tweets:  “Honestly, I think if it's written by the president, it has to be meaningful. People have to take them seriously.” Cui also says he has read Bob Woodward’s book  Fear  in order to better understand the president. It is difficult for Am

Shared growth and collaboration over the five-years on the Belt and Road: is China building a better world?

Navigator  2nd issue In the last five years since the Belt and Road Initiative (BRI) was put forward, as a firm supporter for economic globalization, China has been committed to building an open and inclusive platform to promote mutual benefits and win-win results by developing complementary cooperation and boosting economic activities between the world and itself. Chinese companies that are involved in the BRI are effectively addressing their corporate social responsibilities (CSR), taking measures to balance economic, environmental and social benefits and seeking to maximize each, and furthering sustainable development. I hope you will find this issue of  Navigator insightful and that it will inspire Chinese companies to incorporate CSR into their business strategies. Also, it is our hope that EY will help you find the right balance between growth and the benefits of the country, the society and the environment to achieve sustainable and healthy development and build a better wor

Enter The Dragon: China’s Belt And Road Rising In The Middle East

by  Afshin Molavi Tuesday, October 2, 2018 Cairenes are not modest about their beloved city. It is  Umm al-Dunya , they say, the mother of the world. They also call it simply  Masr , the Arabic term for Egypt, suggesting, of course, that there is really nothing worth noting in the vast country beyond their grand city on the Nile. Fifty miles east of Cairo, a Chinese construction firm is giving the aged, crowded, increasingly decaying “mother of the world” a face-lift of sorts. China State Construction and Engineering Company (CSCEC) has broken ground on a new business and administrative district to the tune of $3 billion, mostly financed by Chinese banks. When completed by late 2019, according to projections, much of Egypt’s government will move to this new “capital.” Other Chinese companies are actively engaged with Egyptian authorities on other aspects of the multi-billion dollar project to build a new and as yet unnamed capital city out of the desert. The new city will be large

Decoding Chinese concepts for the global order

How Chinese scholars rethink and shape foreign policy ideas The Chinese leadership wants to shape the global order. But what exactly does this mean? Official statements are frequently vague and strategic debates are rarely open to the public. MERICS Research Associate  Sabine Mokry  has analyzed articles in leading Chinese journals on International Relations. She presents the results of her research in the new MERICS China Monitor “Decoding Chinese concepts for the global order – How Chinese scholars rethink and shape foreign policy concepts.” Chinese experts increasingly question Western ideas and see them as part of a failing and obsolete world order. Influential academic schools take it as a given that the government in Beijing will assume a regional or even global leadership role. They do not discuss whether or why China should assume that role. The current academic discourse focuses on how China should lead – mirroring a new Chinese assertiveness in foreign policy. Chinese vis