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China’s violation of agreements on not massing forces at the Line of Actual Control (LAC) is the reason why its relations with India are going through a difficult phase, external affairs minister S Jaishankar has said while warning nations not to get sucked into a debt trap by accepting Chinese aid.
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The China Academy of Launch Vehicle Technology (CALVT) has stated that it is ready to launch 2 remote sensing satellites for Pakistan in June. According to Xinhua, It will be the first international commercial launch for a Long March-2C rocket for around 18 years after it carried Motorola's Iridium satellites into orbit in 1999.
The Chinese Commerce Ministry has stated that it is committed to developing the 'One Belt One Road' plan in order to strengthen its trade and boost investment. The Chinese Commerce Minister, Zhong Shan in his address at the annual national legislative session stated that around 140 nations expressed their consent towards OBOR. The project would also help deliver positive socioeconomic impact, he added.
Government has said today that they keep a constant watch on Chinese military’s activity in Pakistan and takes all necessary measures to safeguard nation’s security.
China on Monday says that India is an important neighbour and it is ready to hold talk to resolve issues over the 50 billion US Dollar China-Pakistan Economic Corridor (CPEC).
China and Pakistan are looking to extend the fifty-seven billion dollars China Pakistan Economic Corridor (CPEC) to Afghanistan. India has opposed CPEC, which passes through Pakistan occupied Kashmir (PoK), on grounds that it infringes its sovereignty.
China had warned its Pakistan nationals of plans for a series of 'imminent terrorist attacks' with China as the main target. The Chinese Embassy in Islamabad posted the unusual alert on its website. "It is understood that terrorists plan in the near term to launch a series of attacks against Chinese organizations and personnel in Pakistan,” the Chinese resident in Pakistan stated.
In a major setback to Pakistan, Chinese government has decided to temporarily stopped funds allocated for the construction of roads under China Pak Economic Corridor (CPEC). The decision follows reports of corruption.
Since a long time Japan has been trying to counter China with an alternative plan for OBOR(One Belt One Rod) initiative. Japan wants to promote free trade and that is why the country was thinking of an alternative of OBOR. On Thursday Japanese Foreign Minister Taro Kono said Japan wants to propose a top-level dialogue with US, India, and Australia. On very next day, India has welcomed the dialogue.
Bangladesh today backed China's ambitious OBOR project after India got support from the US President Donald Trump over the stand on the China-Pakistan Economic Corridor (CPEC). “Economic issues now dictate how much sovereignty one should exert,” Bangladesh Foreign Secretary Shahidul Haque said at the World Economic Forum in Delhi. “We cannot be isolated in the name of sovereignty. There are times when you have to put the sovereignty issue behind, in the back seat, to the economic benefits to your people.”
