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Archive for the tag “Central Asia”

China Launches Mega Aid Agency In Big Shift From Recipient To Donor

China is laying the groundwork for a new aid agency to oversee its massive – and opaque – foreign aid programmes as Beijing closes in on Washington as the world’s biggest donor. The new agency, the International Development Cooperation Agency, will answer to China’s highest executive body, the State Council, and consolidate roles that had been between divided between the ministries of commerce and foreign affairs.

Read Here – South China Morning Post


Why One Belt, One Road Will Run Through Tehran

As the Trump administration works out the specifics of its strategy to contain Iran, China is looking for ways to bring Iran into the global system. After the recent party congress, which cemented President Xi Jinping’s grip on power, those efforts will likely take the form of the completion of his most ambitious foreign policy plan, the One Belt, One Road (OBOR) initiative, of which Tehran will be one of the key beneficiaries.

Read Here – Foreign Affairs

China Is Quietly Reshaping The World

China is quickly growing into the world’s most extensive commercial empire. By way of comparison, after World War II, the Marshall Plan provided the equivalent of $800 billion in reconstruction funds to Europe (if calculated as a percentage of today’s GDP). In the decades after the war the United States was also the world’s largest trading nation, and its largest bilateral lender to others.

Read Here – The Atlantic

The Twists And Turns Along China’s Belt And Road

China’s trillion-dollar Belt and Road Initiative could potentially transform relations with over 60 countries across Eurasia, Africa and beyond. But to bring the concept to fruition, Beijing must overcome mammoth logistical obstacles, navigate fragile political situations and placate growing regional apprehension surrounding its ambitions.

Read Here – International Crisis Group

Fitting Into Beijing’s New World Order

The VIP list at Beijing’s glittering launch party for its massive Silk Road trade plan was worth scrutinising not for the luminaries who were on it, but those who weren’t. Singapore Prime Minister Lee Hsien Loong, who irritates Beijing by standing up to its bullying in the South China Sea, was notably missing; he didn’t get an invitation. European government heads were welcome, but mostly stayed away, as did leaders from India and Japan. The no-shows reflect a broad disquiet: To skeptics, what President Xi Jinping calls the “Project of the Century” is, at heart, an imperial venture.

Read Here – Wall Street Journal

Does India’s Chabahar Deal Make Sense?

Chabahar’s principal attraction over Bandar Abbas appears to be its relative proximity to Afghanistan, especially once the Chabahar-Zahedan railroad is complete. Afghanistan is the one country in the region where India beats China in terms of exports, despite the unreliability of passage through Pakistan; the Indian and Afghan governments are anxious to build closer economic ties. But trade with Afghanistan presents numerous complications beyond the simple movement of goods.

Read Here – The Diplomat

Chinese President Pledges Billions Of Dollars For New Silk Road, ‘Snubs’ Absentee India

Chinese President Xi Jinping pledged to pump billions of dollars into the new Silk Road initiative as he described his signature foreign policy push as inclusive, one that should not be held hostage to old rivalries and power games. China is hosting at least 29 heads of state, including Russian President Vladimir Putin and Pakistan Prime Minister Nawaz, Sharif, for a two-day “Belt and Road” conference which India has chosen to give a miss.

Read Here – Hindustan Times

Also Read: Belt and Road new model of win-win, not outdated geopolitical manoeuvring

The Return Of Marco Polo’s World And The U.S. Military Response

As Europe disappears, Eurasia coheres. The supercontinent is becoming one fluid, comprehensible unit of trade and conflict, as the Westphalian system of states weakens and older, imperial legacies – Russian, Chinese, Iranian, Turkish – become paramount. Every crisis from Central Europe to the ethnic-Han Chinese heartland is now interlinked. There is one singular battlespace.

Read Here –

Also Read:

An Essay Response to Marco Polo’s World

Connectivity and Strategy: A Response to Robert Kaplan

The $900 billion Question: What Is The Belt And Road initiative?

Courtesy: Global Times

In concrete terms, the Belt and Road initiative is an immensely ambitious development campaign through which China wants to boost trade and stimulate economic growth across Asia and beyond. It hopes to do so by building massive amounts of infrastructure connecting it to countries around the globe. By some estimates, China plans to pump $150bn into such projects each year. In a report released at the start of this year, ratings agency Fitch said an extraordinary $900 billion in projects were planned or underway.

Read Here – The Guardian

China’s Summit For Its New Silk Road Is Missing 44 Heads Of State From The 65 Nations Involved

Courtesy: Global Times

World leaders are gathering in Beijing this weekend for a big summit touting China’s infrastructure spending spree to connect Europe, the Middle East, Asia, and Africa. The project, known as the Belt and Road Initiative—or “One Belt, One Road” (OBOR) in straight translation—was introduced by president Xi Jinping in 2013 as a land-and-sea version of the fabled Silk Road trading route of the 16th to 18th centuries.

Read Here – Quartz

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