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Showing posts from February 25, 2020

How best to counter China's 'Belt and Road' plan

GETTY IMAGES BY JOHN LEE, OPINION CONTRIBUTOR The views expressed by contributors are their own and not the view of The Hill The Hill China's Xi is a confident salesman. He tells Latin American, African and Southeast Asian countries that " Once the water rises, the lotus blooms higher"  and "When the big river is full of water, the smaller ones will never run dry, and vice versa." Mr. Xi also warns " one single tree is incapable of blocking the wind ." As one might guess, China is the water and big river and the smaller countries are the lotus and smaller river. China is also the wind and America the lonely tree. These words were used in the context of promoting China's " Belt and Road Initiative " and related plans such as the " Digital Silk Road ," with China as the central point of a networked Indo-Pacific. In and of itself, these s

Biden is relentless on one China issue: The New Silk Road

Aarthi Swaminathan Yahoo Finance February 25, 2020, 2:36 PM UTC Presidential candidate Joe Biden has consistently blasted China’s colossal infrastructure initiative known as the Belt and Road Initiative (BRI), calling out the environmental harm resulting from the project. The BRI — also known as the  New Silk Road  — is envisioned as a revival of an ancient trading route between China and Europe. Being a signature development finance play launched by Chinese President Xi Jinping, the country has poured billions of dollars into various economies in between — some of which are opaque — to expand influence around the world.  “China… and their Belt and Road proposal, they're taking the dirtiest coal in the world mostly out of Mongolia and spreading it all around the world,” the former U.S. vice president stated during the 9th Democratic presidential debate in Las Vegas. “It's clear.” Democratic presidential hopeful former Vice President Joe Biden speaks during the ninth Democratic

CM orders authorities to form Reko Diq board By  mohammad zafar  Feb.25,2020 Kamal calls for inviting investors to develop provincial resources QUETTA:  Balochistan Chief Minister Jam Kamal on Monday directed authorities to establish the Reko Diq Resource Development Board that will compile details of mineral assets and maps in order to develop Reko Diq mining areas . The Reko Diq mine is located in the Chagai District. It represents one of the largest copper reserves in Pakistan and in the world having estimated reserves of 5.9 billion tonnes of ore grading 0.41% copper. It has gold reserves amounting to 41.5 million oz. “We need to present our resources to the world so that international investors could be attracted to different sectors in Balochistan,” Kamal said while chairing a meeting to review pace of progress on the Public Sector Development Programme (PSDP) projects and performance of livestock and mineral sectors. The CM emphasised the need for increasing capacity of the departments and to develop land ma

No confirmed case of coronavirus in Balochistan   ISLAMABAD:  Balochistan government Spokesperson Liaquat Shahwani on Monday said there are no confirmed cases of coronavirus infection in Balochistan yet but people who come across the border are being kept under constant observation. Talking to a private news channel, he said the Balochistan government in collaboration of the federal government has constituted special teams for safety and precaution against coronavirus, while all district headquarters hospitals in Balochistan have been directed to stay vigilant. Pilgrims returning from across the border are being screened at entry points of the border, he added. The government is in continuous consultation with the neighboring countries to bring back Pakistani nationals safe after complete screening and they should be issued them clearance certificates, he added. He said isolation wards were also being established in hospitals were and screening on Airport and border is continued. He assured that the government w

CPEC-II: Going From Meager To Mega Benefits Continuing with the second section, the author takes a critical view of CPEC and its impacts on China and Pakistan. In trying to weed off the perspective of “figment of imagination” about CPEC, a few important questions need to be answered before realizing the full benefits of CPEC. Ikram Sehgal  - February 24, 2020 The CPEC is a collection of infrastructure projects for Pakistan (current size $45 billion, expected size $62 billion). With the key projects being Gwadar Port, planned to be a central hub in the connectivity scheme. Starting in November 2016, Chinese cargo with transported overland was shipped to Africa and West Asia. Transport projects for $11 billion connects Gwadar Port to Kashgar with connections to Central Asia and to the Chinese ports in the East. Eastern Alignment involves upgrading of existing 1152 km highway between Karachi and Lahore and linking with an upgraded Karakorum Highway (KKH) which enters China at the Khunjerab Pass, while the Wes

Work on CPEC’s 2nd phase in full swing: Asim Bajwa *Click the Title above to view complete article on 13 hours ago Fawad Yousafzai       ISLAMABAD                 -             Pakistan and Chinese Authorities on Monday reiterated their commitment to take the multibillion dollar China-Pakistan Economic Corridor projects ahead to next phases stating that Coronavirus is not going to affect the pace of work on corridor Projects. READ MORE:  Five killed, dozens injured in clashes in Delhi ahead of Trump-Modi talks The projects under the China Pakistan Economic Corridor will not be affected by the temporary challenge posed by Coronavirus, Chinese Ambassador to Pakistan Yao Jing said while addressing the inaugural ceremony of Energy Week organized by National Electric Power Regulatory Authority (NEPRA) here. The Chinese envoy said that despite the challenge posed by coronavirus, China is determined to take forward the multi billion dollars CPEC projects. Yao Jing, lauded the overall structural reforms ta