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Archive for the tag “infrastructure”

China To Gather Friends For Biggest Summit Of Year On New Silk Road

China will gather its friends and allies together for its biggest diplomatic event of the year in May, a summit on its New Silk Road plan, with most Asian leaders due to attend but only one from a G7 nation, the Italian prime minister.

Read Here – Reuters

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Should India Join The China-Pakistan Economic Corridor?

There has been a chorus of voices in recent months who have argued that India’s official position on CPEC is untenable and will end up isolating India from the China-led connectivity transformation across the globe.

Read Here – Daily O

Pakistan Wrestles With Growing ‘Chinese Corridor’ Debt

Two international lending institutions and Pakistan’s central bank have raised concerns about the debt burden of a huge China-led infrastructure program on the country’s improving but fragile finances. Surging Chinese imports for the initiative, known as the China-Pakistan Economic Corridor program, have complicated Pakistan’s balance of payments problems during its second year of economic recovery following a decade of conflict with Taliban insurgents and their al-Qaeda allies.

Read Here – Nikkei Asian Review

China, India Can Help Boost South Asian Development With Benign Competition

India is in a period of rapid economic development, but the nation has not been as generous as its neighbouring countries hoped it would be in providing financial assistance to underdeveloped areas and promoting regional integration. A yawning infrastructure funding gap in South Asian countries creates space for China and those nations to strengthen economic cooperation.

Read Here – Global Times

Aung San Suu Kyi’s Quiet, Puritanical Vision For Myanmar

After one year in power, Aung San Suu Kyi has gone all but missing from the public ear. Her voice, long known for inspiring her people, is heard in only a handful of public appearances or daily private meetings with officials and foreign dignitaries, while there is nearly no interaction with the media.

Read Here – Nikkei Asian Review

CPEC: The goose with the golden eggs

Betting its fate on Pakistan with a $51-billion investment in infrastructure, China remains wary of its neighbour’s squint-eyed politicians who have proven their lack of vision over the years. Many of these politicians can’t see beyond the impending election woes.

Read Here – The Express Tribune

The World’s 10 Biggest Economies In 2017; China follows the U.S., India 7th

The economy of the United States is the largest in the world. At $18 trillion, it represents a quarter share of the global economy (24.3%), according to the latest World Bank figures.

Read Here – World Economic Forum

A Chinese Marshall Plan?

Reports of Chinese companies negotiating buying more businesses and land in Pakistan have been welcomed by many but some who keep a closer watch on such developments have also been advising extreme caution.

Read Here – The Express Tribune

The China-Pakistan-Russia Troika: A Wake-Up Call For India?

The troika will be a game-changer in swaying the regional balance of power against India’s strategic interest. India seems to have been cornered by this tactical regional understanding where Pakistan has emerged as the pivotal point of regional politics. The change of guard in the United States has further complicated the situation for India, since New Delhi remains unsure about President-elect Donald Trump’s approach towards the region. Much will depend upon how India approaches the entire spectrum of regional politics against the backdrop of its relations with Russia and China.

Read Here – Centre for Asia and Globalisation

Pakistan And The Hidden Costs Of The CPEC

Nobody doubts that CPEC carries tremendous promise for Pakistan. And nobody doubts that our security forces have made major sacrifices in the war on terror, as well as facing the looming threat from a belligerent India these days. But greater transparency is needed in the financing of CPEC projects. Otherwise, hidden costs of all sorts will start getting bundled into whatever recovery machinery there is, whether power tariffs of gas surcharges or whatever else.

Read Here – Dawn

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