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Showing posts from March 16, 2021

China Briefing’s Belt & Road Initiative Weekly Investor Intelligence round up

Tuesday, March 16, 2021 Welcome to this week’s issue of China Briefing’s Belt & Road Initiative Weekly Investor Intelligence round up. In this week’s edition, we examine the new Polar Silk Route that China is now eying as part of its Belt & Road Maritime route to Europe. Further afield yet longer term, we look at the joint China-Russian announcement of plans to have a permanent lunar base, while closer to home we see that China is starting to live up to promises as concerns combating environmental damage. That is in contrast to how American investors are behaving in Indonesia where we feature troubling mining news. Sticking with Indonesia, we see how a proposed free trade agreement with Russia fits into the Eurasian trade sphere. Beijing Prioritizes ‘Polar Silk Road’ at Two Sessions Meeting A new proposed Trans-Polar Route is faster than the Northern Sea Passage and has implications for China-Europe trade and shipping vessel designs. China and Russia’s Joint Venture Belt &

Seven killed in southwest Pakistan coal mining disaster

Five miners and two rescuers die of suffocation after a methane gas fire in Balochistan – the second such disaster in the region in a week. Rescue operation in Tor Ghar coal field of district Harnai Balochistan Province [Al Jazeera] By  Saadullah Akhtar 16 Mar 202 Quetta, Pakistan  – At least five coal miners and two rescuers have died of suffocation after a methane gas fire in the southwestern Pakistani province of Balochistan, officials say. It was the second mine disaster in the region within a week. The fire took place at a mine in the Tor Ghar area of Harnai district, about 170km (105 miles) west of the provincial capital Quetta, late on Monday, said government official Sohail Anwer Hashmi. “The coal miners entered inside the mine to fill the cracks caused by [the] fire, but they died of asphyxia caused by the deadly methane gas,” Hashmi told Al Jazeera by telephone. “The coal miners were working 1,400ft [427m] deep inside the mine when the incident [was] reported,” he said. The s