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Showing posts from April 7, 2021

Belt and Road Weekly Investor Intelligence, #23

 April 6, 2021 Posted by China Briefing Reading Time: 3   minutes Tuesday, April 6, 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 provide a complimentary PDF of a very well received Guide to exploiting China’s Belt & Road Initiative (BRI), highlighting areas where foreign investment can take advantage of the opportunities created by the infrastructure build. We take a critical look at the reality behind the statements of US President Joe Biden’s pledge to build a ‘US financed Belt & Road’ and look at how China is taking steps to build the global management architecture for digital currencies. We also catch up on the Chinese Foreign Minister Wang Yi’s recent five nation tour of the Middle East and its implications, in addition to examining the purpose behind China’s doubling of rail freight through Russia in the first two months of 2021. There is a lot going on and foreign invest

Pakistan settling outsiders in Gwadar to dilute Baloch influence

   Tue, Apr 06 2021 01:48:24 PM By Rahul Kumar New Delhi,  Apr 6 (IANS):  Pakistan has decided to turn its port city of Gwadar, the starting point of the China Pakistan Economic Corridor (CPEC), as the capital of 'southern Balochistan'. The deep move has several implications. The new administrative change will allow the government to change the demographic complexion of the region, by opening the gates for Pashtun settlers to enter the province, undermining the influence of the more militant ethnic Balochs. If everything goes to plan, the resulting "stability" in turn will secure the huge investments that are pouring in from China under CPEC. CPEC is the flagship of the Chinese President Xi Jinping's Belt and Road Initiative (BRI). Pakistani newspaper, The News International, quoted Gwadar Port Authority (GPA) Chairman Naseer Khan Kashani saying: "We have received a letter from the Government of Balochistan in this regard." The newspaper said: "Gwad

China assures Murad of inclusion of KCR, Keti Bandar projects in CPEC

TAHIR SIDDIQUI KARACHI: Chinese authorities have assured the Sindh government that they would pursue Karachi Circular Railway, Keti Bandar and other projects to officially include them in the China-Pakistan Economic Corridor (CPEC)-related projects. This emerged on Tuesday in a meeting between Chief Minister Syed Murad Ali Shah and a Chinese government delegation led by Beijing’s Ambassador in Pakistan Nong Rong. The other delegation members were Chinese Consul General Li Bijian, defence attaché Maj Gen Chen Wen Rong, consular Bao Zhong, deputy defence attaché Senior Col Ji Xinqi, Lt Col Di Weichao, first secretary Wang Xianfeng and third secretary Wu Linglin. Financing request for KCR The chief minister told the delegation that on the request of his government the KCR was included in CPEC on Dec 3, 2016. The project was approved and included in 6th Joint Coordination Committee (JCC). He added that the project was approved by Ecnec at a cost of $1.97 billion in Oct 2017. The CM says ce