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China’s ‘Silk Road’ project runs into debt jam

China’s massive and expanding “Belt and Road” trade infrastructure project is running into speed bumps as some countries begin to grumble about being buried under Chinese debt. First announced in 2013 by President Xi Jinping, the initiative also known as the “new Silk Road” envisions the construction of railways, roads and ports across the globe,…

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September 2, 2018

 

Ancient Silk Road barter trade continues across High Asia’s peaks

WAKHAN CORRIDOR: Trader Afzal Baig tugs at his horse, frustrated by its stubborn refusal to take another step along a treacherous, snow-covered mountain pass that is peppered with the skeletons of those who have already failed the journey. The Irshad Pass, a narrow trail more than 16,300 feet above sea level, is part of the…

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February 8, 2018

 

Macron endorses China’s Silk Road but warns against ‘hegemony’

NEWS DESK: French President Emmanuel Macron urged Europe Monday to take part in China’s massive Silk Road infrastructure project but warned against “hegemony”, saying both sides should share the benefits, reported AFP. Macron, on the first day of a state visit, also called on Europe and China to team up on curbing climate change in…

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January 9, 2018

 

Europe casts a wary eye on China’s Silk Road plans

NEWS DESK: Depending on who you ask in Europe, China’s colossal East-West infrastructure programme is either an opportunity or a threat — and when French President Emmanuel Macron visits next week, Beijing will be watching to see how keen he is to jump on board, reported AFP. Since China launched the New Silk Road plan…

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January 7, 2018

 

China paves a new Silk Road at Gwadar

Gwadar: Remote and impoverished, Pakistan’s Gwadar port at first glance seems an unlikely crown jewel in a multi-billion-dollar development project with China aimed at constructing a 21st century Silk Road. Situated on a barren peninsula in the Arabian Sea, Gwadar, or the “gate of the wind”, owes its fortuitous selection as Pakistan’s next economic hub…

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October 27, 2017

 

‘One Belt, One Road’ brings new opportunities for former Silk Road city of Jiayuguan

As China’s ambitious “One Belt, One Road” transnational economic initiative starts to gain steam, the city of Jiayuguan in western Gansu province is making its pitch to attract investors. With a slick video showcasing the city’s broad, tree-lined streets, sparkling new high-speed train station and nearby tourist attractions, Jiayuguan officials hoped to draw some attention…

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July 10, 2017

 

China to gather friends for biggest summit of year on New Silk Road

BEIJING: 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. President Xi Jinping has championed what China formally calls the…

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April 18, 2017

 

Bilawal Bhutto leads PPP team to Silk Road moot in China

KARACHI: Pakistan Peoples Party Chairman Bilawal Bhutto Zardari left for China via Dubai today to participate Asian Political Parties Special Conference on the Silk Road to be held between October 14-16 in Beijing. A statement issued by the PPP media said that Bilawal was accompanied by former Ambassador to United States Senator Sherry Rehman, former…

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October 12, 2015

 
 
 
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