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Showing posts from July 18, 2021

Sri Lanka’s Sweet Deal with China Underpins the Belt and Road Initiative

July 18, 2021     The Haunting Wreckage Of TWA 800 Being Destroyed 25 Years After Crash Colombo will serve as a potential foothold for expanding Chinese diplomatic and military presence in the Indo-Pacific region. by  Georgia Leatherdale-Gilholy The Colombo Port City Economic Commission Bill came into force in  Sri Lanka  on  May 27 , 2021. The bill lays out the country’s legal framework regarding a flagship project scheduled to transform the seafront of its bustling capital city into a new port. Many have  speculated  that this plan will pave the way for the island nation—strategically located at the crossroads of major shipping routes to South Asia, the Far East, Europe and America—to blossom into the next Singapore or Dubai. The bill will establish a Colombo Port City Special Economic Zone under a $1.4 billion deal. That will mean handing over  those 660 acres  from Sri Lankan to  Chinese state entities . Thus, it was no surprise that the bill faced a great deal of opposition before

Pakistan left red-faced as China stops work on CPEC project after fatal bus blast

In further trouble for Pakistan, China stopped the work on the Dasu Hydropower Project after 9 Chinese nationals were killed in the Khyber Pakhtunkhwa province. Written by Akhil Oka Image: AP In further trouble for Pakistan, China stopped the work on the Dasu Hydropower Project after 9 Chinese nationals were killed in the Khyber Pakhtunkhwa province. The China Gezhouba Group Company (CGGC) was constructing a hydroelectric plant on a river near Dasu as a part of the China Pakistan Economic Corridor. While lauding the efforts of everyone who participated in the rescue efforts, the CGGC announced that it will retain the bare minimum Pakistani staff for maintenance. In a statement, the CGGC stated, "CGGC Dasu HPP Management has regretfully decided to terminate employment with all Pakistani personnel, complying with the Pakistan Industrial and Commercial Ordinances, other than some necessary personnel to maintain on-site maintenance and operation. 14-days half-month wages (from July 15