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Showing posts from August 20, 2021

SEZs set up under CPEC open to Chinese, third-party investment

Fri, 20 Aug 2021, 12:05 PM   Twitter   Facebook NINGXIA, Aug 20 (APP):The Special Economic Zones (SEZs) under China Pakistan Economic Corridor (CPEC) are not limited to the Chinese enterprises alone and that all industrial corporation ventures under CPEC are open to third-country participation as well. “We look forward to your high-quality investments in Pakistan while enhancing B2B and P2P cooperation,” Fareena Mazhar, Secretary Board of Investment, Pakistan in her online address at the Belt and Road Investment Promotion Conference held in Ningxia Hui Autonomous Region, China. “Since the launch of the China Pakistan Economic Corridor (CPEC), China has been the largest investor in Pakistan with FDI inflows of US dollars 8 billion and outsource of US dollars 2.1 billion, thereby contributing 36% to the net investment in Pakistan”, she informed the participants. She further stressed that the Special Economic Zones (SEZs) under CPEC are not limited to the Chinese enterprises alone and tha

China intends to increase its political influence in Afghanistan: Dissident

ANI |  Updated:  Aug 20, 2021 13:24 IST Washington [US], August 20 (ANI):  China  intends to increase its political influence in  Afghanistan  and it will gradually satisfy the  Taliban  wishes while ensuring that its own interests are guaranteed and its concerns addressed, said a Chinese dissident  Jianli Yang . In an opinion piece in The Diplomat, Jianli, founder and president of Citizen Power Initiatives for  China , writes Beijing will approach Afghan affairs more cautiously than people think and it currently faces two major challenges in  Afghanistan . First, the Chinese Communist Party desperately wants to prevent the resurgence of the East Turkestan Islamic Movement (ETIM) in Xinjiang, he mentions, adding that Beijing certainly hopes that dealing with the Afghan  Taliban  will not compromise the  China -Pakistan Economic Corridor (CPEC). "Although  China  intends to increase its political influence in  Afghanistan , it has real interests to calculate and concerns to resolve

Protests in Pakistan erupt against China’s belt and road plan

Show caption Seascape: the state of our oceans Demonstrations shut down Gwadar, where Chinese are blamed for lack of water and electricity and threat to local fishing Seascape: the state of our oceans is supported by Shah Meer Baloch   Protests have erupted in Pakistan’s port city Gwadar against a severe shortage of water and electricity and threats to livelihoods, part of a growing backlash against China’s multibillion-dollar belt and road projects in the country. This week, demonstrators including fishers and other local workers blocked the roads in Gwadar, a coastal town in Balochistan. They burned tyres, chanted slogans and largely shut down the city, to demand water and electricity and a stop to Chinese trawlers illegally fishing in the nearby waters and then taking the fish to  China . Two people were injured when the authorities cracked down on the protesters. On Friday a suicide bomber killed two children, in an attack on Chinese nationals driving along the main expressway to t