Archive for August 26th, 2011

August 26, 2011

Efforts on to dent Pak-China ties

Foreign intelligence agencies are working overtime to dent the all-weather Pak-China friendship, sources have revealed. In this regard, they quoted the recent terrorist attacks in Xinjiang, China, in which several people were killed.
Not ruling out the role of inimical foreign intelligence agencies in creating unrest in southwestern China, they said there was little evidence that members of the terrorist organization, the East Turkistan Islamic Movement (ETIM), were receiving training in Pakistan and Afghanistan for sabotage activities on the Chinese mainland. Those who were discovered were promptly eliminated by the Pakistan military.
In this connection, sources quoted Al-Jazeera website as saying, “Analysts and Uighur activists confirm that Chinese Muslim activists have been to Taliban-controlled regions of Pakistan and Afghanistan, but say there is no evidence that they are being trained to carry out attacks in China.”
The website quoted Dru Gladney, a Chinese expert at the US-based Pacific Basin Institute, as saying: “I don’t think there is any reason to assume that any organization is orchestrating. Barring any evidence, it’s ridiculous to make such a claim.”
Another analyst Gardner Bovingdon, a professor of Central Asian studies at Indiana University, said that “I have seen no irrefutable evidence that the ETIM still exists or that it is responsible for the recent round of violence.”
Meanwhile, senior Pakistani officials have given out significant information regarding operations against the ETIM. DG ISPR Major General Athar Abbas recently said Hasan Mahsum had been killed in October 2003 and Abdul Haq Al-Turkistani in February 2011, both of them the top ETIM leaders.
Sources said that since the very beginning, the Sino-Pak relationship had troubled many powerful world capitals, including New Delhi.
Tracing the history of attacks on Chinese interests on Pakistani mainland, they said: “The problem became acute when the Chinese built the Gwadar Port in Balochistan.” They said that the port and the presence of Chinese in Balochistan in particular was considered a strategic threat by the US and India besides several other countries.
They said terrorist organizations based in Fata and Afghan border were given the task to attack and kidnap Chinese nationals in Pakistan. However, most of the threats were foiled by Pakistani security agencies. — Waqar Ahmed

http://www.thenews.com.pk/TodaysPrintDetail.aspx?ID=64045&Cat=2

August 26, 2011

Chinese companies to invest in Pakistan’s mining and energy sector

Chinese companies want to invest in the mineral and energy sector in Pakistan, Shi-Jun, Vice Governor of Gansu Province of China on Thursday said while leading a ten member delegation to Board of Investment (BOI).
Shi-Jun while talking to Chairman BOI Saleem Mandwiwala said that Baiyin Nonferrous Limited, Huaneng Gansu Energy Development Company Limited and Jinchuan Group, three leading state owned Chinese companies want to invest in Pakistan in the mining and energy sectors. “We want to bring forth new ideas of scale-economic development ways, metal product level, technological process equipment level and technological economic index to advanced level in Pakistan” Shi said.
Chairman BOI acknowledged the positive approach of the Chinese groups towards investing in Pakistan and assured all due support and facilitation on behalf of Government of Pakistan, so as to successfully complete this exemplary project. Baiyin Nonferrous Group Corporation Limited produced more than 6 million tonnes of 4 kinds of cathode copper, aluminum ingots, lead ingots and zinc ingots.
The main products which were produced by Baiyin Nonferrous registered in London Metal Exchange (LME) and the “IBIS” Brand have a high reputation and renowned at home and abroad.
Huaneng Gansu Energy Development Corporation Limited is one exclusive regional company of China. It mainly takes up investment development, construction and operation management of coal, thermal power (heating power), railway, coal chemistry, water conservancy, hydro power, wind power and photo electricity projects. The company owns a coal production capacity of 20 million tonnes, along with the coal resource in Ningzheng coal field of 3.352 billion tonnes. The Company consists of 5 hydro power companies, while at the same time possessing development rights of 7 medium and small hydro power stations. Jinchuan group limited is a diversified large mining conglomerate integrated with mining, mineral processing, refining, chemical production and value-adding fabrication. Jinchuan with mining and metal as the core business and a series of auxiliary businesses and a nickel flash smelting furnace is the fifth of its kind worldwide. It is the first of its kind in Asia possessing copper integrated smelting furnace and rich-oxygen top blowing smelting furnace for nickel. Director General Land and Resource Commission, DG State owned Asset Supervision Commission, DG Reform and Development Commission, Chairmen Jinchuan Non Ferrous Metal Group, Chairman Beiying non Ferrous Corp, President of Huaneng Group Gansu Corporation were among the delegation that visited BOI.

http://www.pakistantoday.com.pk/2011/08/chinese-companies-to-invest-in-mining-and-energy-sector/

Follow

Get every new post delivered to your Inbox.