Ready to talk to India to resolve differences over CPEC: China

Agencies
January 29, 2018

Beijing, Jan 29: China on Monday said it is ready to hold talks with India to resolve their differences on the contentious China-Pakistan Economic Corridor (CPEC).

"I noted the relevant report. Regarding the CPEC, China has repeatedly reiterated our position. As to the differences between China and India, China stands ready to communicate and hold talks with India to seek a proper solution so that these differences will not affect our general national interests. This best serves the interests of the two countries," Chinese foreign ministry spokeswoman Hua Chunying said.

She was responding to Indian Ambassador to China Gautam Bambawale's interview to state-run Global Times in which he had said that differences on the CPEC should not be swept under the carpet,

"We should not ask one party alone to solve this problem. We are willing to work with India to work with dialogue and communication for a better solution," she added.

"CPEC is merely an economic cooperation project. It has not targeted any third party. We hope the Indian side can put this in perspective and we stand ready to strengthen cooperation with the Indian side," Hua said.

India has objected to the USD 50 billion CPEC as it passes through Pakistan-occupied Kashmir (PoK).

The CPEC is a network of infrastructure projects that are currently under construction throughout Pakistan that will connect China's Xinjiang province with Gwadar port in Pakistan's Balochistan province.

India, China should resolve border differences in a calm way, says Beijing

Hua also said that India and China should look at their border differences, including over Dokalam, in a "calm way" and resolve them through existing mechanisms.

Reacting to Bambawale's interview, she said that differences can be addressed through existing mechanisms. "Indeed we have noted that the ambassador talked about it while addressing the issue," the Chinese foreign ministry spokesperson said.

"I should say the two sides should look at border issues in a calm way and resolve relevant issues through the existing border-related mechanisms so that we can create conditions and enabling the environment to properly solve our differences," she added.

Besides a mechanism to discuss border tensions, India and China also have special representative-level border talks to resolve the differences over the disputed border.

About the new satellite imagery showing buildup by both sides, Hua reiterated that Dokalam, over which Bhutan also claims sovereignty, is Chinese territory and said China is building facilities in the area.

She referred to the 1890 treaty between UK and China and said, "the Sikkim section of the China-India boundary has been demarcated by historic treaty and treaty under effective jurisdiction of China".

"China has always upheld our sovereignty along the border area including (Dokalam) Donglang," Hua said. About the satellite imagery, she said, "I should stress it (area) falls within China's sovereignty that we conduct facility building in Donglang area. Some Indian media have carried reports about the military buildup and infrastructure building in the area. They are very excited about it."

India and China ended a tense 73-day standoff on August 28 last year at Dokalam area after the People's Liberation Army (PLA) stopped building a strategic road close to India's narrow Chicken's Neck area connecting the northeastern states. Bhutan also claims the Dokalam area to be its part.

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News Network
July 14,2020

Brasilia, Jul 14: Brazil has reported new 20,286 coronavirus cases in last 24 hours taking the country's total to 1.8 million, Sputnik reported citing the health ministry.

The country's death toll has increased by 733 in the same period of time. The death toll from the infection has touched 72,833.

Over 1.1 million people have recovered from COVID-19 in Brazil since the start of the epidemic in the country, according to the health ministry.

Brazil has the second-highest coronavirus death toll, it is surpassed only by the United States.

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News Network
April 9,2020

Paris, Apr 9: More than 1.5 million cases of the novel coronavirus have been registered worldwide, according to a tally compiled by AFP at 0530 GMT Thursday from official sources.

Of the 1,502,478 infections, 87,320 people have died across 192 countries and territories since the epidemic first emerged in China late last year.

The tallies, using data collected by AFP from national authorities and information from the World Health Organization (WHO), probably reflect only a fraction of the actual number of infections. Many countries are only testing the most serious cases.

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Agencies
July 28,2020

Kuala Lumpur, Jul 28: Malaysia's ex-leader Najib Razak was found guilty Tuesday in his first trial over the multi-billion-dollar 1MDB scandal, two years after the fraud contributed to the downfall of his long-ruling government.

The former prime minister could now face decades in jail after being convicted on all charges in the case related to the looting of sovereign wealth fund 1Malaysia Development Berhad.

Billions of dollars were stolen from the investment vehicle and spent on everything from high-end real estate to pricey art, while investment bank Goldman Sachs also became embroiled in the scandal.

Anger at the looting played a large part in the shock loss of Najib's long-ruling coalition in elections in 2018, and he was arrested and hit with dozens of charges following his defeat.

The verdict was a test of Malaysia's rule of law. It comes about five months after Najib's scandal-plagued party returned to power as part of a coalition, development observers had feared could affect the outcome of the case.

About 16 months after it began, the Kuala Lumpur High Court delivered the verdict in Najib's first trial, which centred on the transfer of 42 million ringgit ($9.9 million) from a former 1MDB unit, SRC International, into his accounts.

Najib had vehemently denied wrongdoing.

But Judge Mohamad Nazlan Mohamad Ghazali took apart all the arguments put forward by his defence, and found him guilty on the seven charges he faced.

"In conclusion, after considering all the evidence in this trial, I find the prosecution has successfully proven the case," the judge told the court.

The charges were one of abuse of power, three of criminal breach of trust and three of money-laundering.

The counts of abuse of power and criminal breach of trust are punishable by up to 20 years in jail each, while the money-laundering charges are punishable by up to 15 years each.

Sentencing was not handed down straight away. The 67-year-old will likely appeal and he may not be sent to jail immediately. If his conviction is upheld, he will also be barred from political office for several years.

Najib had insisted he was ignorant of the transactions.

The defence team portrayed Najib as a victim and instead sought to paint financier Low Taek Jho, a key figure in the scandal who has been charged in the US and Malaysia, as the mastermind.

Low, whose whereabouts are unknown, maintains his innocence.

Prosecutors insisted Najib was in control of the 1MDB unit, SRC International.

The return of Najib's party to power as part of a coalition in March followed the collapse of Mahathir Mohamad's reformist administration.

Since then, 1MDB-linked charges were unexpectedly dropped against the ex-leader's stepson Riza Aziz, a producer of Hollywood movie "The Wolf of Wall Street", in exchange for him agreeing to return assets to Malaysia.

Prosecutors also dropped dozens of charges against Najib ally Musa Aman, the former leader of Sabah state.

The amounts involved in Najib's first case are small compared to those in his second and most significant trial, which centres on allegations he illicitly obtained more than $500 million.

Malaysia had charged Goldman Sachs and some current and former staff, claiming large amounts were stolen when the bank arranged bond issues for 1MDB.

But the two sides agreed to a $3.9 billion settlement last week in exchange for charges being dropped.

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