Tag Archives: China

Pakistan, India soon to become SCO members

India and Pakistan will become full members of the Shanghai Cooperation Organization (SCO) at the SCO Astana summit in June 2017. The groundwork for the inclusion of India and Pakistan was laid back in 2014 at the Dushanbe summit where the procedure to take in new members was finalized. The organization presently has Russia, China, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan …

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CPEC is not just a name of a road

CPEC to bolster civil aviation industry. With the enhanced business and economic activities and establishment of new economic industrial zones in the country under China-Pakistan Economic Corridor (CPEC), the civil aviation industry would get a significant boost. Under the mega project of CPEC, several new economic and industrial zones would be established in various parts of the country which would …

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CPEC: What it means for others

Pakistan Army building CPEC in record time

In the midst of the justifiable excitement surrounding China-Pakistan Economic Corridor (CPEC), it is pertinent to assess what the Pakistan-China friendship means to the different stakeholders in the country. For the Ayub era generation, the significance of the Pakistan-China relationship is probably perceived as a critical and enduring political-strategic partnership mainly based on a national security narrative. For them the …

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Pakistan, China sign $2 Billion deals

Companies from China’s violence-prone far western region of Xinjiang signed deals worth about $2 billion with Pakistan this week during a visit to Pakistan by Xinjiang’s top official, who sought to cement ties with an important security partner. Pakistan last year agreed energy and infrastructure projects worth $46 billion with China to set up a so-called China-Pakistan Economic Corridor, in …

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Global banking industry’s five biggest fears

Global banking industry's five biggest fears

Banking shares have come under pressure this week as investors express fears that the sector will be badly hit by a global economic downturn. Financial institutions have strengthened their balance sheets since the 2008 financial crisis, but they could be in for a turbulent year if potential flashpoints such as emerging markets or the energy sector produce a cascade of …

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CPEC – Will Gilgit -Baltistan benefit

Like other parts of the country, Gilgit-Baltistan has also been plagued by the ‘CPEC fever’ these days. While the project is still in its infancy and details surrounding it continue to be sorted out, it seems that the opposition parties feel duty-bound to pass a comment on it on a daily basis, painting a bleak picture for the region with …

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4 nation meeting for Afghan peace process

The first round of quadrilateral meeting of Pakistan, Afghanistan, US and China will take place on January 16 to work out a clear and comprehensive road map for a meaningful Afghan peace process, Pakistani Defence Minister Khawaja Asif said on Thursday. The efforts to facilitate the Afghan reconciliation were started on the occasion of the “Heart of Asia” Conference in …

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World will celebrate the coming of the new year

World will celebrate the coming of the new year

Disrupted terrorist plots. Increased police presence. Warnings to stay alert. Fears of terrorism and stepped-up security provide a sobering backdrop to planned New Year’s Eve celebrations around the world. In the United States, federal and local security officials are tightening security in high-profile locations, including New York’s Times Square and the Rose Bowl festivities near Los Angeles. In Belgium and …

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The winning and losing economies of 2015

The winning and losing economies of 2015

When the final numbers are tallied, 2015 will probably count as another disappointing year for global growth. The muted performance came even as central banks continued to pump in liquidity, oil prices plunged again and inflation was moderate. It was also a year of divergent performers. While tumbling commodity prices took the shine off big emerging markets Russia and Brazil, other emerging economies like …

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Views of China, Pakistan and India on Modi – Nawaz meeting

In “The Art of War,” Sun Tzu wrote that “the key to victory is the ability to use surprise tactics.” India’s prime minister, Narendra Modi, is a man who knows how to spring diplomatic surprises. He bookended 2015 with them. In January, Mr. Modi broke with protocol to meet U.S. president, Barack Obama, on the tarmac in New Delhi, and …

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