China and Pakistan are all-weather strategic cooperative partners. The two countries are forging a community with a shared future in which China-Pakistan Economic Corridor (CPEC) will play a major role. The CPEC is a major pilot project of the China-proposed Belt and Road Initiative (BRI). Yet the speed of construction of the CPEC has been slowing down recently for which there are three main reasons.
China and Pakistan have agreed to launch a "Green Corridor" system that will fast-track two-way customs clearance exclusively for agricultural products, according to a statement from China's Ministry of Commerce (MOFCOM) on Thursday.The Green Corridor is expected to be launched between the Khunjerab pass in China and Sust pass in Pakistan. With the simplified clearance procedures and future improvement of transportation facilities, more agricultural products are expected to be imported from Pakistan, experts said.
Chinese expertise on public transportation will help Pakistan to better address its growing demand for public transportation, as the country tested its first-ever mass rapid transit train in Lahore, its economic hub, a Chinese expert said on Wednesday. Pakistan on Tuesday put the Orange Line Metro Train through its first test run after the completion of the physical infrastructure stage of the project. The move is a major step forward under the China-Pakistan Economic Corridor (CPEC).
Progress on the Belt and Road Initiative: a four-year evaluation is included in Regional Connection Under the Belt and Road Initiative: The Prospects For Economic and Financial Cooperation edited by Fanny M. Cheung and Ying-yi Hong which was publish by Routledge in New York in 2019. The author is Wang Wen, the executive dean of RDCY, Jia Jinjing, the director of the Marco Research Department of RDCY, Xiang Junyong, the research fellow of RDCY and Liu Ying, the research fellow of RDCY.
The Pakistan-East Africa submarine fiber optic cable connects Pakistan with Kenya via Djibouti and it will also connect Europe via a terrestrial cable system, building a new digital economic highway for Africa, Europe and Central Asia. This is just one example of a wide range of cooperation taking place among countries participating in the Belt and Road Initiative, which has laid a solid foundation for the development of an open, inclusive and transparent global digital economy in the future and attracted worldwide attention.
With snow white sandy beaches and startlingly blue water teeming with coral and fish, Pacific island countries are often considered to be paradise on earth. But with climate change and the related rise in sea levels looming, the existence of many such islands are under threat.
Historically, the relationship between the United Kingdom and the Hong Kong Special Administrative Region of China has been relatively close. But to this day, there are still British politicians who have made wrong statements on the issue of Hong Kong. In response to this behavior, John Ross, former director of Department of Economy and Business Policy in London and senior fellow with the Chongyang Institute for Financial Studies at Renmin University of China, shared his own views.