By Mitra Majeedy in TOLOnews Online, May 01, 2023 at 9:42 PMThe Ministry of Foreign Affairs (MoFA) said that the Chinese embassy in Kabul will begin issuing visas to Afghans on May 3rd. The deputy spokesman for the Foreign Ministry, Hafiz Zia Ahmad Takal, said applicants can fill out forms for visas via the website of the embassy. “The embassy of China in Kabul will resume the process of visa issuance for Afghans,” he said.…
Posts tagged as “China”
Report in The Daily Star, May 1, 2023The Export-Import (Exim) Bank of China has recommended that Bangladesh consider using renminbi (RMB) as a loan currency when receiving financing from the country in order to facilitate deeper bilateral cooperation and accelerate the implementation of digital connectivity projects. “Considering the ongoing US dollar [USD] crisis and progress in establishing digital connectivity, we strongly recommend your side consider using RMB as a loan currency,” said Li Qinxi, deputy…
by Anil Giri in The Kathmandu Post, Apr 30, 2023On Friday, the private secretariat of Finance Minister Prakash Sharan Mahat released a statement stating that China would provide Rs80 billion for the execution of various infrastructure-related projects in Nepal. The commitment was made during a meeting between Mahat and Chinese Ambassador to Nepal Chen Song at the finance ministry. Officials at the Ministry of Finance and Ministry of Foreign Affairs, however, told the Post that…
By Dipendra Shakya in The Kathmandu Post, April 27, 2023The writer is the Sankhuwasabha correspondent for Kantipur Publications.Food shortage is looming large in the Bhotkhola area of Sankhuwasabha, a hill district in Koshi Province. The villagers, who live near the border with China in Bhotkhola Rural Municipality and are dependent on Tibetan markets for daily supplies, are facing a shortage of food grain and other essentials after the border closed by China since the Covid…
report in ECONOMYNEXT online, Apr 24, 2023China, one of Sri Lanka’s largest bilateral lenders, attempted to prove its close cooperation with the island nation after its state-owned China Merchants Group (CMG) signed the first large investment deal since the Indian Ocean nation declared bankruptcy. The Hong Kong-listed company signed a $392 million agreement with government-owned Sri Lanka Ports Authority on Saturday to jointly build the South Asia Commercial and Logistics Hub. “We are always “providing…
By Kasun Warakapitiya in The Sunday Times, Apr 23, 2023Sri Lanka wants to verify details of a Chinese ‘animal breeding’ company which had sought to obtain 100,000 toque macaques reportedly for zoos in China. The Chinese Embassy in Sri Lanka has been asked to provide complete details of the company, the secretary to the Ministry of Agriculture, Gunadasa Samarasinghe told the Sunday Times. Environmentalists have severely criticised the unsolicited proposal for endemic monkeys of Sri…
By Anil Giri in The Kathmandu Post, April 22, 2023Seven years after signing of the Trade and Transit Agreement with China that gives Nepal access to seven Chinese ports for third country trade, not a single shipment has moved. In the wake of a “punitive” Indian blockade after Nepal refused to delay the promulgation of constitution, then Prime Minister KP Sharma Oli in April, 2016, paid an official visit to China where two sides signed…
By Shakeel Ahmad Ramay in The News, April 17, 2023If anyone wants to understand Chinese philosophy of peace-building, China’s position paper on Afghanistan is an excellent document to read and analyze. It helps comprehend the philosophy behind the Global Security Initiative, which was presented by President Xi Jinping last year. Whole paper revolves around the importance of dialogue and development by sticking to principle of non-interference. The position paper asks the world to join hands…
by Frank Tang in SCMP, Apr 15, 2023China’s falling producer prices and slowing consumer price rises have triggered warnings about the risk of deflation and inadequate demand, the latest red alerts for the world’s second-largest economy at a critical juncture in its post-pandemic recovery. The low-price environment puts Beijing’s policymakers in a much better position than their Western peers, who are busy dealing with high inflation and financial market turbulence, and allowed them to extend…
report in Global Times, Apr 15, 2023Chinese experts and officials hit back at remarks from Western-backed lenders made during a meeting that China is a major creditor to emerging markets and should do more in helping debt relief. China is willing to implement the common framework for debt disposal with other countries, China’s central bank governor Yi Gang said during the World Bank and International Monetary Fund (IMF) spring meetings, according to a statement released…
by Alan Rappeport in The NY Times, Apr 15, 2023WASHINGTON — China, under growing pressure from top international policymakers, appeared to indicate this week that it is ready to make concessions that would unlock a global effort to restructure hundreds of billions of dollars of debt owed by poor countries. China has lent more than $500 billion to developing countries through its lending program, making it one of the world’s largest creditors. Many of those…