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Totally. I guess if the rail between kyaukpyu and Kunming can be built first, half the work has been done. The rest of the link will be less expensive and far easier to visualize the economical benefits, which will be gigantic. The only thing I am not too sure is whether we can go high speed...

By Patrick Scally in News on September 21, 2018 If patience is a virtue, then the architects of China's southwestern development strategy are saints. Last week, a high-ranking diplomat floated the notion of building a high-speed railway connecting Kunming with the Indian city of Kolkata. The...

The key change from earlier agreement is that Myanmar increases its share to 30% from the previously agreed 15%. A Chinese consortium will take the rest 70% stake in the venture.

Nov 08, 2018 08:19 AM China and Myanmar are moving ahead with a China-backed deep-sea port project in Kyaukpyu, 250 miles northwest of Yangon, following nearly three years of twists and turns. Myanmar officials and Chinese investors are scheduled to sign a framework agreement for the Kyaukpyu...

Probably he is in China to get a close look at J20:p:

I am bit of puzzled on how Vietnam can be 2.5 trillions in 26 years. based on the current growth rate of 7% (it has been growing like 6.5%ish in the recent quarters), 26 years would be 5.80 times. Multiplying it with current GDP of 242b USD gives us 1.40t USD. Where does the rest 1.1t come from?

He has been busy meeting the most important people in both political and commercial domains. Meeting so many important people on so many varying topics is demanding intelligently as well as physically, he has done really well and I hope he find the meetings useful. The fact that IK is...

Very welcome Prime Minister Imran Khan to China. Hoping to see more cooperation in all aspects between the two great nations with long and proud histories!:china::pakistan:

Published 8 Hours Ago Updated 5 Hours AgoCNBC.com President Donald Trump said Thursday that he spoke to Chinese President Xi Jinping amid concerns about escalating trade tensions between the world's two largest economies. In a tweet, the president said he had a "long and very good...

With GDP per capita being less than 10k USD, China is decades away from being developed country. More work to do.:china:

No it is not. For your information, China’s growth figures of 6.5% or whatever is always in constant price and in local currency, meaning it is net of inflation. The only reason that exchange rate is relevant here as international institutions like IMF or WB need to convert the GDP into common...

Well, This is how it works in a nutshell: At 6 per USD exchange rate, a Chinese exporter sells his products to US customer at 100 USD, it pays USD 20 tariff to US custom (assuming @20%). The exporter bring 80 USD back to China. And he turns around and sells USD to PBOC and he gets 480 RMB. Now...

A possible outlook is that the food price will go up as farmers find it more economical to export to the overseas market at higher price than to domestic markets. This may look undesirable from a domestic consumer perspective but may be a better outcome for the nation. The reason is that selling...

Brilliantly put. Who did this?

This is because Nanjing is well located economically but poorly located strategically. When a dynasty had Nanjing as capital, there is no strong strategic barriers (ie mountains) within a reasonable radius that can provide strategic depth for defense. Yangtze River is not strong enough a...

You are right that keeping the balance is very important. As to your point of the outflow, it is true but it will happen to any open economies. And It is common that even a foreign invested business makes handsome profit on an accounting basis, the profit may not necessarily be sent to the home...

Definitely agree that selling farm land to foreign investors should be banned, particularly due to the fact that small farmers are usually in a weaker position. Total Prohibition of leasing may be a bit too far in my humble view as it could be beneficial for the farmer to enter a lease with...

When an external party makes a FDI, they will exchange their foreign currency (eg USD or Euro) into the local currency so that they can purchase stuff locally. The ultimate seller of local currency is Pakistan central bank and in the end Pakistan will be gaining foreign reserve as opposed to...

I always find it interesting that China is accused of being “responsible” for another country running trade deficit. Firstly You cannot have a trade without mutual consent between willing parties. China cannot make a trade by itself and has never forced anyone to buy from it. Secondly “dumping”...

Absolutely but to to be able to reach the “high margin” part of manufacturing value ladder is not a easy feat. The nations that are currently in the high end of the ladder all had their humble beginning, Germany, Japan, Korea, etc. China is still working its way up. Pakistan has to follow the...