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looking beyond borders

foreign policy and global economy

Archive for the tag “roads”

Trade Deficit Tops China-Africa Summit In Beijing

Chinese tourists in South Africa. Pix/LBB

The continent is an important part of Xi’s Belt and Road initiative – a plan to bolster a network of infrastructure connecting China by land and sea to Southeast Asia, Central Asia, the Middle East, Europe, and Africa. China has pledged $126bn for the plan, which has been praised by its supporters as a source of vital financing for the developing world. Critics say Africa is loading itself up on Chinese debt that countries may struggle to repay, with estimates ranging in the tens of billions of dollars.

Read Here – Al Jazeera

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Advancing CPEC By Stealth

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.

Read Here – Dawn

India Moves Mountains To Build Military Road To China Border

India is accelerating work on strategic roads to be able to move troops and supplies to the border faster and deploy sophisticated weapons if armed conflict breaks out. China already has extensive infrastructure on its side.

Read Here – Wall Street Journal

China And Its Five-Year Goals

China's economy

Why India Must Track China’s Development Plan

After Huawei, Xiaomi, and a number of Chinese smartphone producers, LeTV will launch its new smartphone in India early next year. With deepening engagement, China and India will have a bigger platform to cooperate. The upcoming 13th five-year plan is not only about China’s reform and innovation but also about the close integration and shared development of China and the world. China welcomes all countries to board its fast train of development, in pursuit of the shared dream of win-win cooperation, writes the Chines ambassador to India in The Indian Express

Geoeconomics In Central Asia

Twenty-five years after the dissolution of the Soviet Union, Central Asia is a region of relative stability. There are, of course, security, economic, and social challenges, which give local leaders sleepless nights; however, the narrative shift – from a troublesome region to an area of opportunity – is producing some surprising results.

Read Here – The Diplomat

China’s Business In Latin America

Courtesy: Global Times

There’s No Free Chinese Lunch…

The China-Pakistan Economic Corridor is being termed as a ‘game and fate changer’ for Pakistan. But if the past is prologue, the new projects under it may not have much of a future, and both Pakistan and China know this.

Read Here – The Hindu

All-Weather Friend and 51 MoUs

A historic ceremony was organised at the Prime Minister’s Office on Monday, where Pakistan and China signed 51 Memorandums of Understanding (MoUs) relating to diverse aspects of bilateral relations, including the Pakistan China Economic Corridor.

Read Here – Dawn

Chinese Investments Dwarf American Package, Says U.S. Media

Speculation Over China’s Ties With Sri Lanka Premture?

Competition between China and India in Sri Lanka is not exclusive or confrontational. All sides have learned to keep the necessary restraint in politically interfering with competition in the economic sector.
As to whether China has been too aggressive in pushing investment in Sri Lanka, the answer will lie in the development of the bilateral relationship in future years. As long as political development in Colombo is logical, China’s investment will not be in vain.

Read Here – Global Times

 

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