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Posts published in “Day: July 5, 2016

Neighbours And Beyond: By Mansoor Ahmad in The News, July 4, 2016

The write is a staff member The risks to Pakistan’s economy remain great, and so too does the need to focus on measures and steps taken by neighboring countries. It is high time for the planners and entrepreneurs to take cue from the recent measures taken by the Indian government to squeeze Pakistan economically. The government on its part should listen to the genuine grievances of the private sector and if convinced issue necessary orders…

China to hold drills near Xisha Islands: By Shan Jie in Global Times, July 4, 2016

China will hold military exercises this week in the South China Sea ahead of a UN arbitration ruling, with analysts saying the drills are meant for peacekeeping while showing that China is capable of defending its territorial sovereignty. The Maritime Safety Administration of China on Sunday posted a notice on its official website, saying that military exercises in certain waters of the South China Sea will be held from Tuesday to July 11, and all…

Thailand buys 3 Chinese subs for $1 billion: by Zhao Yusha in Global Times, July 4, 2016

Thailand’s defense minister confirmed Tuesday that his country’s navy will buy three submarines from China for $1 billion, saying that reasonable price and a 10-year payment  period were the main reasons. Defense Minister Prawit Wonsuwon said that the navy’s planned submarine procurement has already been on hold for about eight years and China has given Thailand 10 years to pay, the Bangkok Post reported Friday. Thailand has considerable marine resources within its territorial waters in…