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Showing posts from August 18, 2019

The Political Economy of China's Belt and Road Initiative

Series on China’s Belt and Road Initiative: Volume 1  | July 2018 Pages: 404By (author):  Lei Zou  ( Shanghai Administration Institute, China )Translated by:  Zhiping Zhang  ( The Navy Medical University in Shanghai, China ) Full Book View ISBN: 978-981-3222-65-6 (hardcover)$138.00 ISBN: 978-981-3222-67-0 (ebook)$110.00 Also available at  Amazon  and  Kobo For institutional ebook prices, contact ISBN: 978-981-3222-66-3 Description Silk Road was once the most important economic-cultural tie connecting the Eurasian countries before the rise of the West. In September 2013, Chinese President Xi Jinping put forward the initiative to jointly build the Silk Road Economic Belt and 21st-Century Maritime Silk Road, which is abbreviated as the Belt and Road Initiative (BRI). This book analyzes the BRI through the approach of political economy and establishes the analytic framework of BRI from historical and comparative perspectives. It clea

‘One Belt One Road’ Is Just a Marketing Campaign

China’s signature project is actually a sweeping, poorly coordinated branding effort posing as an infrastructure initiative. AUG 17, 2019 Eyck Freymann Research analyst at Greenmantle NICOLAS ASFOURI / REUTERS Chinese President Xi Jinping is a man in a rush to build a legacy. In 2013, only four months into his presidency, Xi launched the One Belt One Road initiative, billed as the largest international development scheme in history. The “New Silk Road Economic Belt” promises to connect Europe and Asia overland through a large network of highways, railways, pipelines, trade corridors, and digital infrastructure. The “21st Century Maritime Silk Road” will build up a string of industrial port cities tracing the coastline of the South China Sea, Indian Ocean, and Suez Canal all the way to the Mediterranean. The scope of the plan is mind-boggling, but the details are hazy. Neither the belt nor the road is an actual route connecting hub cities, as the Chinese government’s official map

Kashmir issue puts Pakistan's Belt and Road projects on fast track

China will be pleased, but may not offer more than sympathy over disputed land ADNAN AAMIR, Contributing writerAUGUST 18, 2019 20:05 JST Pakistan Prime Minister Imran Khan has strongly condemned India's recent downgrading of Kashmir's status from a state with some autonomy to two territories.   © Getty Images QUETTA, Pakistan -- The government of Pakistan has announced plans to set up a body to expedite projects under China's Belt and Road Initiative. The move is seen as part of an effort by Pakistan to enlist China's support over Kashmir, a territory split between Pakistan and India over which the two countries have tussled for decades. On Aug. 8, Pakistan's National Development Council approved the formation of the China- Pakistan Economic Corridor (CPEC) Authority, which will be charged with fast-tracking Belt and Road projects. In a statement, the Ministry of Planning, Development and Reform said: "The CPEC Authority will institutionalize and take f

CPEC long term plan: Pakistan’s railway network to be extended to Gwadar, Kashgar, Mazar Sharif

August 18, 2019 Najam ul Hassan ISLAMABAD, Aug 18 (APP):The ambitious plan of connecting Pakistan’s railway network from China and Afghanistan to Gwadar deep sea port under China Pakistan Economic Corridor (CPEC) has been declared strategically important by both the countries. The plan will help commercially viable transportation of goods from China and Central Asian States to the port city besides boosting trade and tourism activities in the country. The already agreed CPEC project for up-gradation of existing Main Line 1 (ML-1) railway track from Peshawar to Karachi will be materialized in the first phase, while the then new railways lines would be laid across the country to boost trade activities under CPEC. According to the plan, a new 1,059 kilometer railway line from Havelian in Pakistan’s province of Khyber Pakhtunkhwa to Kashghar in Chinese province of Xinjiang would be laid to connect both the countries through railways. Another 1328 kilometer long new railway line fro