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Showing posts from October 8, 2018

How India can crack open the Chinese fortune cookie

India and China are destined to have a complex relationship combining competition with cooperation and friendship with suspicion Last Published: Mon, Oct 08 2018. 02 15 AM IST G. Parthasarthy Chinese staff of Lahore Orange Line MetroTrain walk during the unveiling ceremony of the first set of carriages of Lahore Orange Line MetroTrain in Lahore on October 8, 2017. Photo: AFP New Delhi:  Indians had a romanticized view of China in the years immediately after independence, influenced largely by Prime Minister Jawaharlal Nehru’s thinking and the writings of Chinese travellers Fa Hien and Hiuen Tsang, who visited India in the 4th and 7th centuries AD, respectively. Both Chinese visitors were deeply impressed by what they saw in India and by the warmth with which they were received. The spread of Buddhist influence to China, which now has a Buddhist population of around 240 million, followed these visits. There were also visits to India and its Indian Ocean neighbourhood, in the 15th

 Belt and Road Initiative bolster China-Tajikistan ties, says ambassador

MOSCOW, Oct. 9 (Xinhua) -- Cooperation between China and Tajikistan continues to rapidly develop and score results under the framework of the Belt and Road Initiative, Chinese Ambassador to Tajikistan Yue Bin said. China and Tajikistan enjoy a high degree of political mutual trust, laying a solid foundation for the expansion of bilateral relations as well as for trade and economic cooperation, Yue said in a recent interview with Xinhua. "The two countries do not have any historical issues and actual divergences, and they support each other on issues involving their core interests," the ambassador said. Tajikistan is the first country in the world to have signed a memorandum with China on building the Silk Road Economic Belt, and Dushanbe pledged to strengthen the synergy between its national development strategy that centers around industrial development and the China-proposed initiative. "With the impetus of the Belt and Road Initiative, pragmatic cooperation betwe

Saudi Arabia's oil refinery in Gwadar threatens China, may increase risk of Arab nation's face-off with Iran

Asian News International Oct 09, 2018 08:39:20 IST   Pakistan's latest announcement about Saudi Arabia's investment in an oil refinery at the port city of Gwadar has set alarm bells ringing in the international arena. A Zero Hedge article claims that Pakistan's move comes from a "desperate" need for funding to ward off a financial crisis stoked by growing debt to China. The column, written by James Dorsey on Mid East Soccer blog, claims that Saudi's oil refinery in Gwadar Port could threaten Iran's India-backed Chabahar Port, making China a part of an "all but open war" between Iran and Saudi Arabia. The Saudis may invest up to $10 billion in the region. The deal could additionally involve deferred payments on Saudi oil supplies which will firstly, create a strategic oil reserve close to Iran, and secondly, help cash-strapped Pakistan in payments. Representational image. Getty Images The Zero Hedge article further stated that Pakistan wil

China Welcomes Saudi Plans to Invest in CPEC Project With Pakistan

October 08, 2018 6:30 PM Ayaz Gul FILE - A general view of Gwadar port in Gwadar, Pakistan, Oct. 4, 2017. The port is at the heart of a Chinese investment in the China-Pakistan Economic Corridor (CPEC). Share ISLAMABAD —  China has praised investments Saudi Arabia intends to contribute to Chinese-funded massive infrastructure projects under construction in Pakistan, dispelling skepticism Islamabad was risking Beijing's outrage by inviting a third party to a strictly bilateral deal. The ongoing massive project, known as the China-Pakistan Economic Corridor (CPEC), is the flagship enterprise of President Xi Jinping's global Belt and Road Initiative (BRI). "Not at all," said Lijian Zhao, the deputy chief of the Chinese embassy in Islamabad, when asked by VOA whether his country was upset with possible Saudi financing in CPEC projects. In a detailed interview, the senior Chinese diplomat asserted that Beijing itself has been encouraging Islamabad to engage in in

CPEC western, eastern routes to be completed by next year

October 09, 2018 ISLAMABAD - Project Director China Pakistan Economic Corridor (CPEC), Ministry of Planning, Hassan Daud Butt has said that the western and eastern routes of the corridor would be completed by next year. He told state-run media that in the first phase, under CPEC, projects of energy and infrastructure were being executed while in the second phase work on Special Economic Zones (SEZs) would be started soon. He said as many as nine SEZs at various locations across the country had been brought under CPEC in which provincial governments as well as the private sector entrepreneurs were taking keen interest. He said with the establishment of SEZs, new industrial units would be installed in the country which would help increase in the trade activities across the country. Hassan Butt said after completion of the CPEC projects, a new era of development would start in the country and the fate of the people of Pakistan would also be changed. READ MORE:  Explosion, fire at Canad

EVENT: China’s Global Challenge  to Democratic Freedom

        Freedom House and the Hudson Institute Invite you to an event The Mark Palmer Forum: China’s Global Challenge  to Democratic Freedom Wednesday, October 24 9:00 a.m. to 3:20 p.m. Hudson Institute Stern Policy Center 1201 Pennsylvania Avenue, N.W. Suite 400 Washington, DC 20004 *Breakfast and lunch will be served* The Hudson Institute and Freedom House's Mark Palmer Forum for the Advancement of Democracy invite you to a conference on China’s global challenge to democratic freedom. U.S. Sen. Marco Rubio (R-FL) will deliver an introductory keynote speech, followed by three panel discussions bringing together experts and activists to analyze recent trends, and consider potential responses. The Chinese Communist Party (CCP) under General Secretary Xi Jinping has put enormous financial and political resources into expanding its influence abroad. Xi has elevated the importance of United Front activities, which rely on co-opting the Chinese diaspora and building relat

Belt and Road Advisory: Weekly top BRI headlines

Weekly top BRI headlines   US, Canada & Mexico FTA clause prevents FTAs with China:  A clause in the USMCA FTA between US, Mexico, and Canada prevents any one member from signing FTAs with a non-market economy. With talks progressing between Canada and China on an FTA, the clause, in essence, gives the US a right to veto. Pakistan cuts BRI loan by $2 billion:  Islamabad has reduced the loan of its largest Belt and Road project in Pakistan by $2 billion, railway minister Sheikh Rasheed said on Monday, citing government concerns about the country's debt levels. This will likely mean the project will be downsized too.   Close encounter between Chinese and US naval vessels:  A Chinese warship has forced an American destroyer to change course in the South China Sea by sailing close to it in an "unsafe and unprofessional" manner, the US Navy says.   Italy to join BRI:  Italy’s government is scrapping the previous administration’s efforts to limit Chinese investment i

Is this just the beginning of ‘belt and road’ disputes between China and its partners?

DIPLOMACY As Beijing’s ambitious initiative turns five the time is ripe for business disagreements to arise Josephine Ma UPDATED : Monday, 8 Oct 2018, 3:17PM  4 Be prepared to see a lot more business disputes on projects linked to China’s “Belt and Road Initiative”, warns Sarah Grimmer, secretary general of Hong Kong International Arbitration Centre (HKIAC). Five years after Beijing rolled out its ambitious plan to improve regional and transcontinental connectivity, the time is ripe for disputes to arise as contracts mature, she said. “Typically, we see a deal struck one year and, between two and five years later, that’s when we see disputes, so that’s when we start to see the cases come out of these transactions,” Grimmer said. “So I expect that we will start to see disputes arising from the belt and road strategy around now. Over the next five to 10 years, we will see a lot more, and then it will continue. I think we are just at the beginning of the dispute phase.” China’s b

CHINA:  Party Watch Weekly Report

 Party Watch Weekly Report 2|1  9.29.2018-10.5.2018 By David Gitter, Julia Bowie, Nathanael Callan, Brock Erdahl, Ann Listerud, and Sandy Lu Browser Version     Senior Leaders Zhao Leji Makes Official Goodwill Visit to Vietnam Xinhua   9.26-9.29  At the invitation of the Communist Party of Vietnam (CPV), Politburo Standing Committee Member and Central Commission for Discipline Inspection head Zhao Leji (赵乐际) made an official goodwill visit to Vietnam. While there, he separately met with CPV General Secretary Nguyễn Phú Trọng, National Assembly of Vietnam Chairwoman Nguyễn Thị Kim Ngân, and CPV Politburo member and CPV Secretariat permanent member Trần Quốc Vượng, held talks with CPV Secretariat member and Central Inspection Commission head Trần Cẩm Tú, and attended the opening ceremony of a photography exhibition with CPV Politburo member and CPV Secretariat member Phạm Minh Chính.   According to Xinhua, while meeting with Nguyễn Phú Trọng, Zhao stated that “under the perso

The mystery of Silk Road through Gilgit-Baltistan

ARTS, CULTURE & BOOKS Masud Ahmed OCTOBER 8, 2018 There is a story before the birth of Christ, a Chinese named Chang Chien was sent on a mission to the western region of China by Emperor Wu-Ti. This journey is considered one of the most important missions in history as it resulted in birth of the Silk Road. Another important discovery was Ferghana (Uzbekistan) and its fast, large and powerful horses as compared to the weaker and slower Chinese horses. The emperor realised that Ferghana horses would be ideal for cavalry warfare against the troublemaking Huns. Chang is the person who opened routes westwards linking imperial China with Imperial Rome and he is described as the father of Silk Road. Silk route in Chinese is translated is ‘SichouZhi Lu’ and in Uyghur ‘YipekYdi’. Silk was a major form of currency for some early Chinese dynasties and was also used for soldiers’ salaries. During the Tang dynasty (618-907 CE) when facing economic difficulties and unable to mint bronze co