Construction on the 720 megawatt Karot power station being built on Jhelum river began in December 2016 and looks set to finish nine months ahead of its December 2021 completion date, a first for a Pakistan hydro-project said Qin Guobin, chief executive officer of the state-owned China Three Gorges Corp. South Asia Investment Ltd. The company has […]
China is engaging in a nearly trillion dollar play for the future of Afro-Eurasia—called the Belt and Road Initiative—and has so far caught the United States flat-footed. Unless the United States works with key allies and partners to craft a forward-leaning response, it risks replicating the strategic failure that occurred in the South China Sea. The result […]
The corridor is only minimally about transit trade. The power plants, too, are little more than the “early harvest projects”, on commercial terms, designed to jump-start the economy before the real game begins. The real game of CPEC is about granting access to Chinese enterprises to Pakistan’s domestic markets, raw materials and the agrarian economy. […]
Infograph courtesy: Global Times
Recent meetings between Beijing and Moscow – at the Belt and Road Forum last month and at a two-day summit last week in Russia – are the latest in a string of efforts to strengthen Sino-Russian ties, especially along the border. However, like many nations, Russia has found that working with China can be a double-edged sword. Read […]
Pakistani and Chinese officials boast that CPEC will help address Pakistan’s electricity generation problem, bolster its road and rail networks, and shore up the economy through the construction of special economic zones. But these benefits are highly unlikely to materialise. The project is more inclined to leave Pakistan burdened with unserviceable debt while further exposing […]
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 […]
In the US, China’s pan-Eurasian infrastructure initiative is more or less invisible outside of news reports from domestic media that mostly frame it as Beijing’s grand plan for geopolitical domination Read Here – South China Morning Post
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 […]
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 […]
looking beyond borders 