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  1. #1
    Council Member AdamG's Avatar
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    Lahore, Pakistan (Reuters) - Islamabad has cut the size of the biggest Chinese “Silk Road” project in Pakistan by $2 billion, Railways Minister Sheikh Rasheed said on Monday, citing government concerns about the country’s debt levels. The megaproject to revamp the colonial-era line stretching 1,872 km (1,163 miles) from Karachi to the northwestern city of Peshawar was initially priced at $8.2 billion, but wrangling over costs has led to delays.
    https://in.reuters.com/article/pakis...KCN1MB30O?il=0
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    China says its economy is slowing. Its central bank may be preparing to intervene
    China's central bank is likely to cut reserve requirement ratios for banks one more time this year, said Jeff Ng, chief economist for Asia at Continuum Economics.
    Over the weekend, a private survey showed growth in China's factory sector stalled after 15 months of expansion, with export orders falling the fastest in over two years.
    An official survey also confirmed a further weakening in the manufacturing sector.
    https://www.cnbc.com/2018/10/01/beij...economist.html
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    Council Member AdamG's Avatar
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    China has reached a major deal to send military drones to Pakistan just days after Russia and India signed a multibillion-dollar arms sale in a display of defiance to the United States.

    The Pakistani air force's Sherdils Aerobatic Team first announced Sunday via social media that the state-run Pakistan Aeronautical Complex company and China's own government-owned Chengdu Aircraft Industry Group would "jointly produce 48 Wing Loong II UCAV," an unmanned combat aerial vehicle in service with the People's Liberation Army Air Force. The deal was carried Monday by The Global Times, the official organ of the ruling Communist Party of China.

    The newspaper cited oft-quoted Chinese military analyst Song Zhongping as saying that, if confirmed, the deal would prove to be China's largest drone export yet. The story was then featured on China Military Online, the official online portal of the Chinese armed forces.

    The Wing Loong II UCAV is a reconnaissance and strike multirole endurance drone that conducted its maiden flight in February 2017, according to the official Xinhua News Agency. The article reported at the time that the Wing Loong II had been bought as part of China's largest overseas drone contract even prior to its debut flight, but did not specify which country had purchased it.
    https://www.newsweek.com/china-makes...russia-1160587
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    Default James Mann And His Prescient Book “The China Fantasy”

    This article on Sinocism an online subscription newsletter by a Sinologist, Bill Bishop, and is an updated commentary on a 2007 book 'The China Fantasy' by James Mann.

    It opens with:
    a short book arguing that Western elites misrepresented the benefits of engagement with China and that prosperity and capitalism might not, as they claimed, eventually bring democracy to the PRC......I have come to believe that this is the most important and prescient American book on China of the 21st century. I urge you to read it.
    Link:https://sinocism.com/james-mann-and-...china-fantasy/

    Link to Bill Bishop's slim bio:https://nb.sinocism.com/subscribe#about

    I have not heard of this book, nor either author and for once some of the comments on the newsletter commentary are interesting, sadly several are duplicated.
    Last edited by davidbfpo; 11-19-2018 at 01:39 PM. Reason: 97,793v today
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    A LITTLE NOTICED organizational change in China's maritime patrols is causing increasing anxiety among Western military officials and their allies in the region, who fear Beijing is seeking new leverage to advance its goals and raising the likelihood that an accidental encounter could escalate into conflict.

    The U.S. confirmed earlier this year that China has reorganized its coast guard to serve as a military branch rather than answer to law enforcement authorities. Militarizing the formerly civilian organization provides China with the firepower to harass and intimidate vessels from other countries who dispute China's claims to waterways. The change, which Beijing denies, signals not only that China wishes to further its ambitions for its neighborhood, including seizing contested disputed territory and access to natural resources in East and South China seas but that it is becoming a more potent foe internationally.
    https://www.usnews.com/news/world/ar...rs-of-conflict
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    PLA Senior Colonel Ma Jun, for example, leans heavily on this interpretation of deception, charging that “War is precisely war. War is precisely a fight to the death (literally: ‘you die and I live’). It is not possible in this domain to pay attention to morality.” 2 Ma notes, however, that such deception is to be used only against adversaries and never against one’s friends and colleagues. 3 While it is unlikely that a casual reader of the Sun Tzu would derive such insights from these writings, knowing how the Chinese military interprets these texts is key to understanding their rationale for operations.
    https://www.usni.org/magazines/proce...hinese-way-war
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    Default How China is quietly weaponizing overseas tourism

    A twist to power politics:
    The reason China is able to use tourists as a political bargaining chip is that, since the turn of the millennium, the number of overseas trips made by Chinese tourists has boomed from 10.5m to 145m – an increase of 1,380 per cent. This makes China the world’s most powerful outbound market, leapfrogging the US, spending over $300bn overseas per year.
    Examples are cited: Palau Islands, Turkey, Japan and South Korea.
    Link:https://www.telegraph.co.uk/travel/c...ourism-palau/?

    Not that such a travel / tourism ban is new; more the scale and having obedient tourists to command. Boycotting the Moscow Olympics in 1980 after the Afghan invasion comes to mind. I am sure there are others, such as 'travel advisory' notices after terrorist attacks, e.g. Sinai that stopped most UK tourists travelling there.
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