by Frank Tang in South China Morning Post, June 17, 11:31pm The United States is paying close attention to China’s fast rising level of debt, housing bubble and the build-up of risk in the financial system as any stumble by the world’s second largest economy would bring a chain reaction globally, according to Kathryn Dominguez, an economics professor at the University of Michigan nominated by former president Barack Obama to be a governor in the…
Posts published in “Day: June 18, 2017”
Xinhua report in The Global Times, June 17, 2017 at 14:27:52 A regional airport will soon be built in Yutian, a remote county in northwest China’s Xinjiang Uygur Autonomous Region, authorities said Saturday. The 710-million yuan (104 million US dollars) civil airport is designed to handle an annual throughput of 180,000 passengers and 400 tonnes of cargo. Annual take-offs and landings will total 2,143, the regional development and reform commission said in a press release.…
The writer is senior research fellow at the Strategic Vision Institute (SVI), Islamabad. On May 24, two Chinese language teachers were kidnapped from the supposedly secure zone in Quetta. The militant Islamic State group later claimed responsibility for the abduction. Now, Chinese and Pakistani officials are saying that the two abductees could have been killed. These unfortunate developments raise some decidedly disturbing questions. Last week, security forces conducted an intelligence-based operation against the IS-Lashkar-e-Jhangvi nexus…
By Shahbaz Rana in The Express Tribune,June 18, 2017 ISLAMABAD: Pakistan could not extend blanket tax exemptions to the $2.1 billion Matiari-Lahore transmission line project of the China-Pakistan Economic Corridor after tax authorities – for the first time – strongly resisted the move due to its adverse implications on the budget. Owing to fierce resistance by the Federal Board of Revenue (FBR), the Ministry of Water and Power had to withdraw its summary from the…
PTI report in The Times of India, Jun 18, 2017 BEIJING: China has included the controversial $50 billion China Pakistan Economic Corridor in its second scientific expedition to the 4,000-metre-high Qinghai-Tibet plateau to study changes in climate, biodiversity and environment over the past decades in the region. The expedition will also take scientists to a pass linking to south Asia, state-run Xinhua news agency reported. The CPEC passes through Pakistan-occupied Kashmir (PoK), over which India…
by Nasir Jamal in Dawn, June 18, 2017 THE pair of young Chinese nationals, executed by the militant Islamic State (IS) group on June 8 near Mastung, often ate their lunch at a small restaurant — Zaiqa — in that middle-class neighbourhood. The place is hardly a few yards from where the two tourists were kidnapped by gunmen in broad daylight from Jinnah Town last month. “They were here minutes before their kidnappers took them…
by Manik Miazee in Dhaka Tribune, June 18, 2017 Chittagong: A motorcade carrying BNP Secretary General Mirza Fakhrul Islam Alamgir and some other BNP leaders came under attack in Rangunia upazila of Chittagong district. Four BNP leaders, including Fakhrul, were injured when the motorcade carrying a BNP delegation was attacked on its way to Rangamati Sunday morning. They were scheduled to visit the landslide victims. The other leaders are BNP Standing Committee member Amir Khasru…