Forex Income Map Review Coaching Program by Piet Swart ...

Some news you may have missed out on part 134.

-Rupee continues to recover, gains Rs4.16 in four months
The Pakistani rupee has maintained a gradual uptrend against the US dollar since the beginning of current fiscal year in July and is anticipated to gain more ground in the remaining eight months amid expectations of increase in foreign currency inflows.
The rupee gradually strengthened Rs4.16 or 2.60% in the past around four months to Rs155.88 to the US dollar in the inter-bank market on Friday, according to the State Bank of Pakistan (SBP). “The rupee may recover to 145 to the greenback by June 30, 2020,” Forex Association of Pakistan (FAP) President Malik Bostan projected while talking to The Express Tribune.
Further: -In a positive development, Pakistani Rupee hits highest level of four months against US dollar
The Pakistani rupee has shown recovery against the US dollar as the US currency reached the lowest level in four months.
-ExxonMobil to help build LNG terminal in Pakistan
After getting a liquefied natural gas (LNG) supply contract from private-sector consumers, US energy giant ExxonMobil is planning to build the third LNG terminal in Karachi as a joint-venture partner.
Some time ago, ExxonMobil, in collaboration with Pakistan’s exploration and production companies, drilled an offshore well to search for hydrocarbon reserves in the Arabian Sea. However, the effort could not prove successful. Now, in a new venture with Energas consortium, the US firm is going to invest in setting up an LNG terminal in Pakistan.
-Pakistan's Hindu community celebrates Diwali today in a renovated temple reopened by the Pakistan government after 72 years
he country’s Hindu community is celebrating the annual religious festival of Diwali. The religious festivities are expected to take place in Shawala Teja Singh Temple, located in Sialkot, after 72 years.
All preparations for the upcoming festival have been completed. The festival of Diwali is being seen as more of a cultural than a religious one as people from other faiths will celebrate alongside members of the Hindu community.
The temple, where the festivities will take place, was closed down in 1947. The Evacuee Trust Property Board (ETPB) and certain members of the Hindu community decided to open the temple a few months ago, after which the renewal and renovation work had begun. Now, for the first time, this temple is going to celebrate a religious ceremony.
-Tax Returns Filed Per Day in 2019 Have Increased by 127 Percent: FBR Chairman
Federal Board of Revenue’s (FBR) Chairman Syed Shabbar Zaidi has announced that on average, tax returns filed per day in 2019 have risen by 127 percent compared to last year. In a Twitter post, Zaidi shared details of the tax returns filed so far. As per the records, the number of tax returns filed in 2019 till October 25 stands at 918,027, as compared to 585,209 tax returns filed in the same period last year.
Zaidi said that as of November, the FBR will impose strict measures against unauthorized interactions and harassement between its staff and the business community. The business community is suggested to report to FBR if any person contacts them through any manner without proper authorization.
-Pakistan, Nepal agree to enhance trade ties
President Dr. Arif Alvi on Saturday held a meeting with the Nepal’s Prime Minister Khadga Prasad Sharma Oli on the sidelines of 18th Non Aligned Movement Summit in Baku, ARY News reported.
According to a statement issued by the ministry, both the leaders affirmed to enhance trade ties between the two countries and expressed their desire to further strengthen the bonds of friendship. Matters of mutual interest, bilateral relations, regional peace, grave human rights violations and humanitarian crisis in occupied Kashmir and other issues were came under discussion in the meeting.
Speaking on the occasion, President Alvi briefed the Nepalese prime minister on Indian illegal actions in occupied Kashmir. He expressed hope that Nepal will play its role as SAARC chair, for strengthening peace and stability in the region.
-CPEC enters into 2nd phase: Poverty, agriculture, B2B initiatives prime focus: Khusro
Federal Minister for Planning, Development & Reform Makhdoom Khusro Bakhtyar Wednesday said the CPEC has now entered into its second phase with focus on poverty alleviation, agriculture and B2B industrial cooperation.
“The Pakistan Tehreek-e-Insaf (PTI) government's economic reform measures will strengthen the country's economy as the investors' confidence is rebounding due to corrective measures," the minister expressed these views while talking to Australian High Commissioner Dr Geoffrey Shaw who called on him on Wednesday. Secretary Planning Zafar Hasan was also present in the meeting.
While discussing bilateral relations and foreign investment in various sectors in Pakistan especially in Gwadar, the minister said that ongoing phase of CPEC will bring about socioeconomic benefits for the welfare of the people. He said that CPEC offers enormous potential to boost national economy and reduce poverty.
-Pakistan's Defence Exports have reached USD 212.6 MILLION IN 2018-2019
According to the Pakistan Ministry of Defence Production’s (MoDP) “First Year Performance Report,” the country had registered $212.6 million US in defence exports from August 2018 to August 2019.
Pakistan Aeronautical Complex (PAC) booked the highest value at $184.38 million US, which was followed by Pakistan Ordnance Factories (POF) at $7.13 million US and Heavy Industries Taxila (HIT) at $1.3 million US. In addition, private sector firms booked $19.36 million US in sales.
No additional breakdowns were provided by the MoDP. It is likely that PAC’s exports were fueled by co-production work for FC-1/JF-17 sales to Myanmar and/or Nigeria. Though an agreement was signed with Turkey for the sale of 52 Super Mushshak basic trainers, it is unclear if PAC has started manufacturing these aircraft.
-DRAP to launch countrywide drive against substandard, spurious medicines
The Drug Regulatory Authority of Pakistan (DRAP) is launching a countrywide campaign against substandard medicines, the PM’s Special Assistant on Health Dr. Zafar Mirza said while addressing the federal and provincial drug inspectors in Islamabad on Thursday.
He said a crackdown is being launched throughout the country to eradicate the menace of unregistered, spurious and sub-standard medicine. In addition to medicine quality, he added, DRAP will also take stern action against violation of fixed prices of medicines.
-Foreign exchange: SBP reserves increase $79m to $7.89b
The foreign exchange reserves held by the central bank increased 1.14% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday.
Earlier, the reserves had spiralled downwards, falling below the $7-billion mark, which raised concern over Pakistan’s ability to meet its financing requirements. However, financial assistance from the United Arab Emirates (UAE), Saudi Arabia and other friendly nations helped shore up the foreign exchange reserves.
On October 18, the foreign currency reserves held by the SBP were recorded at $7,892.7 million, up $79 million compared with $7,813.7 million in the previous week. The report cited no reason for the increase in reserves, which stood below the $8-billion mark.
-Ease of business: Pakistan up 28 places on World Bank index
Pakistan has jumped up 28 places on the World Bank’s (WB) Ease of Doing Business Index and secured a place among the top 10 countries with the most improved business climate – a development that will greatly improve Islamabad’s image abroad,
Pakistan carried out six reforms that helped improving its ranking from 136 to 108, according to the WB’s annual flagship report, ‘Ease of Doing Business 2020’, released on Thursday. It turned out to be the sixth global reformer and first in South Asia that brought ease in doing business in the last one year.
The fewer are the regulations the better is the ranking on the index. The key to attain perfection is to cut the bureaucracy hindering business activities in the name of various regulations and procedures.
-CM approves Rs 500m for Punjab Housing & Town Planning Agency
Punjab Chief Minister Sardar Usman Buzdar has given approval of Rs 500 million for Punjab Housing & Town Planning Agency. He gave approval while presiding over a high-level meeting at CM Office here on Monday. During the meeting progress on Naya Pakistan Housing Project for low-income persons was reviewed and detailed briefing was also given to the participants on Naya Pakistan Housing strategy.
While addressing the meeting, Usman Buzdar said that obstacles should be removed in order to ensure completion of Naya Pakistan Housing Scheme and financial conditions of common man should be kept in mind while chalking out housing policy of the project. All out attention should be paid while constructing small houses in the province, he added. It has also been decided during the meeting to launch rural housing project in 17 model villages.
-KSE 100 gains 204 points amid improved sentiments
The benchmark KSE 100 Index depicted remarkable progress as it gained around 204 points and concluded at 33,861-level.It was a busy start to the week at the Pakistan Stock Exchange (PSX) with earnings season hitting its peak, while volumes remained at par with previous weeks’ average.
Biggest single day investment in treasury bills in the previous week of estimated US $87.5 million, increasing total investment to US$440 million since July 2019 was the major rally point in the market sentiments.
The bourse recorded an intraday low of 33,572.36 soon after the commencement of the session. However, after regaining the momentum, the index marked its day’s high at 34,008.35 adding 350.89 points. It settled higher by 204.13 points at 33,861.59. The KMI 30 Index accumulated 386.53 points to settle at 55,155.92, while the KSE All Share Index managed to gain 86.13 points, ending at 24,543.78.
-Sindh to reserve 0.5% job quota for transgender persons
The Sindh Cabinet on Wednesday agreed to reserve 0.5 per cent quota in government jobs for transgender persons. “I want to bring transgender people into the mainstream,” said Sindh Chief Minister Syed Murad Ali Shah during the cabinet meeting. “We want to make them an asset for our society.”
CM Murad congratulated the transgender community on behalf of the cabinet and advised them to improve their education. Around 41,000 positions are vacant in different government departments across Sindh out of which 206 will be given to transgender people.
A spokesperson from the chief minister’s house stated that out of the 41,000 available jobs 16,000 positions will be filled this fiscal year. Rest of the positions will be filled in the period of next three years.
-Malaysia's Mahathir stands by Kashmir comments despite India palm oil boycott
Malaysian Prime Minister Mahathir Mohamad said on Tuesday he would not retract his criticism of New Delhi’s actions in occupied Kashmir despite Indian traders calling for an unprecedented boycott of Malaysian palm oil.
The impasse could exacerbate what Mahathir described as a trade war between the world’s second biggest producer and exporter of the commodity and its biggest buyer so far this year.
India’s top vegetable oil trade body on Monday asked its members to stop buying Malaysian palm oil after Mahathir said at the United Nations General Assembly last month that India had “invaded and occupied” Kashmir.
-“World’s two major companies setting up solar panel plants in Pakistan”
Federal Minister for Science and Technology Fawad Chaudhry announced on Monday that the world’s two major solar panel firms will establish their plants in Pakistan. The minister tweeted saying “good news gets lost in political plays, yet I am very happy that the world’s two major companies are setting up solar panel’s plants in Pakistan.”
Chaudhry added that China’s second-largest Lithium battery producer will also set up its workshop in Pakistan. The Lithium battery-powered buses will also be manufactured in Pakistan, the tweet further said. The Minister for Science and Technology was recently on a visit to Beijing where he met various Chinese officials and the country’s business leaders.
-Pakistan Navy organizes free medical camp in Balochistan
Navy organized a free medical camp in the village Dam of Balochistan in collaboration with Sahil and Ulfat welfare foundations. According to the spokesperson of Pakistan Navy, specialist doctors of surgical, medical, skin, gynecology, child and general medically inspected patients at the camp. Over 700 patients were provided with free medical treatment, medicines and ordinary surgical facilities.
-Lahore to get Tram service soon
Citizens of Lahore are getting a modern-day tram service soon, based on the famous British-era tram service. In this regard, the Punjab Transport Department has inked an agreement with CRSC International, a Chinese company specializing in rail transportation control systems, and Inkon Group of the Czech Republic.
The development of the project is divided into several phases. In the first phase, a 35 km track will be constructed on Canal Road, Lahore. Up to 50 trams will run on this track. Once operational, the trams will be able to carry 35,000 passengers in 1 hour. The trams will be powered through electricity and batteries. A single tram will have a service life of around 40 years. 2 tram depots will be constructed at different locations as well.
-10 Pakistani Universities Ranked Among the World’s Best in ‘University Impact Rankings 2019’
Ten Pakistani universities have been ranked among the top universities in the world in the Times Higher Education (THE)’s list. THE is a weekly UK-based magazine that issues its annual list of world’s most influential universities.
The list called ‘University Impact Rankings 2019’ has included 10 Pakistani varsities in different categories, including Gender Equality, Good Health and Well-being, Quality Education, Decent Work, Economic Growth, and others. According to the magazine, the rankings assess universities against the United Nations’ Sustainable Development Goals.
-PM Imran Khan inaugurates China-Hub Power Generation Plant in Balochistan
Prime Minister (PM) Imran Khan has said that Pakistan is moving forward through China-Pakistan Economic Corridor (CPEC) projects. Addressing inaugural ceremony of China Hub Power Generation Plant in Balochistan, he said this is the first joint project under the CPEC umbrella and he is very happy after inaugurating it.
“The government will facilitate joint collaboration between Pakistani and Chinese businesses in various sectors.”, he said. PM Imran Khan said with the help of coal reserves in Thar, Pakistan can generate huge amount of electricity, which can be enough for at least 100 years.
-Punjab Forest Department develops ‘record keeping’ mechanism
Department of Forest Punjab is managing 1.6 million acres of forest land area – 67 per cent of the entire forest land area in Punjab – under the Geographic Information System (GIS), Pakistan Today learnt reliably on Friday. The program enabled the forests department to ensure sound management and introduce state of the art record-keeping and mapping methods.
‘Development of GIS-Based Forest Management Information System in Punjab’ was approved at PC-1 with a cost of Rs75 million and a gestation period of 36 months (2016-2019) has allowed for transfer of all forest resources and inventories into IT-based inventory systems and achieved extensive field surveys, rapid data collection and its processing for development of the forestry sector on efficient lines.
-Hutchison Port Holdings announces $240m investment in Pakistan
Prime Minister Imran Khan has welcomed $240 million foreign investment from Hutchison Port Holdings, a Hong Kong-based port operator. A delegation of Hutchison Port Holdings, led by its Group Managing Director Eric Ip, called on Prime Minister Imran Khan on Tuesday. Other delegation members included HPH Middle East & Africa Managing Director Andy Tsoi and Middle East & Africa Business Director Eric Ng.
Maritime Affairs Minister Syed Ali Haider Zaidi, Adviser to PM on Commerce Abdul Razzaq Dawood, Special Assistant to PM on Overseas Pakistanis Syed Zulfiqar Abbas Bukhari, Ambassador-at-Large for Foreign Investment Ali Jehangir Siddiqui and Board of Investment Chairman Zubair Haider Gilani were also present on the occasion. Group Managing Director Eric Ip apprised the prime minister of Hutchison’s fresh investment into Pakistan approximating $240 million which will enhance the new container terminal capacity at the Karachi Port, and increase Hutchison Ports’ total investment in Pakistan to $1 billion.
-Punjab's tax collection jumps 44%
Punjab’s tax collection registered a 44% growth to Rs77 billion in first quarter of the ongoing fiscal year compared to the corresponding period of previous year, despite tough conditions of the federal government for the provinces to get a share in the federal divisible pool of resources. Punjab Finance Minister Makhdoom Hashim Jawan Bakht disclosed this at a review meeting of the Finance Department on Monday.
The meeting was briefed that despite the financial backlog left by the previous government, the current government gave a surplus budget of Rs233 billion in order to meet financial requirements of the federal government to comply with conditions of the International Monetary Fund (IMF) loan programme.
-‘SECP recognised as 7th most effective regulator in world’
The Securities and Exchange Commission of Pakistan (SECP) has been recognised as the “7th most effective regulator” by the World Economic Forum in its ‘Global Competitiveness Report-2019’.
“Pakistan was ranked as the 52nd most dynamic economy in the world. The country secured this by improving 15 points from last year, as it stood at 67th in 2018,” said a statement issued by Mishal Pakistan, Country Partner at WEF’s Institute of the Future of Economic Progress System Initiative, on Wednesday. “The progress of Pakistan’s competitiveness was due to the achievements made during the last 12 months.”
The most effective improvements were made due to the initiative and strategies adopted by the apex regulator for the corporate sector and the capital markets; supervision and regulation of insurance, non-banking financial companies and private pension schemes. The SECP improved Pakistan’s competitiveness rankings by improving the “number of days to start a business”, where Pakistan was ranked at the 90th position compared with 96th in 2018.
-Pakistan China bilateral trade crosses $19 billion, highest ever in history
Pakistan Ambassador to China , Naghmana Hashmi has said the bilateral trade volume between Pakistan and China has now touched US $ 19.08 billion and both countries aimed to raise it further.
“The bilateral trade volume between Pakistan and China has now touched US$ 19.08. We aim to raise it further,” Ambassador Hashmi said joint ventures in defence production have led to the manufacture of the MBT 2000 Al-Khalid Tank and JF-17 Thunder, a fighter aircraft. “On the diplomatic front, the two countries are committed to protecting and promoting multilateralism and upholding the United Nations (UN)Charter, while our cooperation has extended to science and technology, socioeconomic sectors and nuclear cooperation for peaceful purposes,” she added.
-Foreign Company Agrees to Drop $6 Billion Penalty, Re-Invest in Reko Diq: Reports
The International Center of Settlement of Investment Disputes (ICSID) had slapped the country with a $6 billion penalty for revoking the contract without prior knowledge back in 2009. Soon after the development, the Prime Minister had empowered his financial team to contact the executives of the Tethyan Copper Company (TCC) to reach an out-of-court settlement and avoid the penalty.
Reportedly, after the Pakistan authority’s approach, the company has not only agreed to take back the penalty but has also agreed to invest in the project again. As per media reports, PM Imran Khan contacted the TCC management and discussed the prospects of the matter. He assured the company his full support if they wanted to revise the investment plan for the project. The company will reportedly withdraw its appeal from the ICSID, while Pakistan will compensate for their damages due to the cancelation of the contract.
-Current account deficit shrinks massive 64pc
The country’s current account deficit (cad) in the first quarter of current fiscal year declined by a huge 64 per cent mainly on the back of a 21pc reduction in the imports bill.
The State Bank’s latest data issued on Friday showed the current account deficit for July-September FY20 clocked in at $1.548 billion compared to $4.287bn in the same period last fiscal year; a decline of $2.739bn.
The reduced current account deficit is a positive omen for the government, which is struggling with slow economic growth and high inflation. However, despite massive decline in rupee’s value, the country’s exports have failed to register any noticeable increase during the period.
-Food imports down 24pc, exports up 14pc in Q1 FY20
Food group imports into the country during the first quarter of the current financial year (July-Sept 2019-20) decreased considerably by 24.7pc, whereas exports increased by 13.98pc compared with the corresponding period of last year.
The import of food commodities into the country during the period under review came down from $1.45 billion to $1 billion, whereas the exports increased from $864 million to $984.7 million, according to latest data released by the Pakistan Bureau of Statistics (PBS).
-Chinese Smartphone Company Realme to build mobile phone manufacturing factory in Pakistan
Chinese company Realme's Director of Marketing in Pakistan Mr He Shunzi in an interview disclosed that Realme is planning to set up the mobile phone manufacturing factory in Pakistan. He told that company is inspecting locations in Islamabad, Peshawar, and Faisalabad Industrial Estate for suitable land. Pakistani mobile market offers guaranteed capital as Realme ranked top five android brands in Pakistan in less than nine months, capturing 8% of total market share, he added.
-Chinese Coal Giant Wants to Convert Thar’s Coal to Diesel
China’s Shenhua Ningxia Coal Industry Group will help convert Thar’s coal into oil and the talks between the two parties are underway. The Shenhua Ningxia Coal Industry Group is a subsidiary of China’s biggest coal producer, the Shenhua Group and the company already has the world’s largest plant for converting coal into diesel, with an annual production capacity of 4 million tons in Ningxia in its portfolio.
The agreement, if signed, will be a ‘game-changer’ for Pakistan, believes Adviser to Prime Minister on Petroleum Nadeem Babar, who accompanied Imran Khan on his recent visit to China. The Pakistani delegation held talks with the Shenhua Group during the trip:
-In a positive development, Pakistan projected among top 20 rising economic growth engines of the World
Pakistan projected among 20 top rising economic growth engines of the World that would dominate the global growth in next 5 years. Pakistan has been projected as one of 20 countries that will dominate global growth in five years time in 2024, an assessment made by Bloomberg using data from the International Monetary Fund (IMF).
-In a positive development, Pakistan textile exports register increase
Textile exports from the country increased by 2.95pc during the first quarter of the current fiscal year (July-Sept FY20) compared with the corresponding period of the last fiscal year. The textile exports during the period under review were recorded at $3,371.974 million as against the exports of $3,275.303 million during July-September 2018-19, according to latest data by the Pakistan Bureau of Statistics (PBS).
The textile commodities that contributed to the positive growth included raw cotton, exports of which grew by 53.65pc, from $7.047 million to $10.828 million. Similarly, the exports of yarn (other than cotton yarn) increased by 21.95pc, from $7.759 million last year to $9.462 million, while that of knitwear surged by 11.14pc, from $701.393 million to $779.548 million.
-Kartarpur Corridor will open to public on November 9: PM Imran
Prime Minister Imran Khan on Sunday announced that Pakistan will inaugurate the Kartarpur Corridor on November 9. The premier’s announcement came via a Facebook post in which he said that construction work on the Pakistani side had entered the final stage. “Pakistan is all set to open its doors for Sikhs from all across the globe,” he wrote. “World’s largest Gurdwara will be visited by Sikhs from across India and other parts of the world,” he said.
-'$1.2b penalty in Karkey case likely to be waived'
Pakistan Tehreek-e-Insaf (PTI) leader and senior lawyer Babar Awan has said that the $1.2 billion penalty that Pakistan has to pay to Turkey’s Karkey rental power plant is likely to be waived.
“International institutions, through high-level backdoor contacts, have agreed to waive off the penalty. This is very good news for Pakistan,” said Awan while addressing the media on Friday. “International institutions have shown their trust in Prime Minister Imran Khan,” he added.
-Punjab Govt to Introduce a Unified Tax Collection System
Punjab government is contemplating the introduction of a unified tax collection system in the province. The unified system will streamline the tax collection process and facilitate the taxpayers. At the moment, Punjab Revenue Department, Excise and Taxation Department, and local administrations collect taxes in Punjab. On Sunday, Finance Minister of Punjab, Makhdoom Hashim Jawan Bakht, headed a meeting of Punjab Revenue Authority (PRA). Bakht said that a special tax management unit will be set up at the Punjab finance department that will unify tax collection all across the country.
-PM To Launch Clean Green Pakistan Index for Multiple Cities
Prime Minister’s Adviser on Climate Change, Malik Amin Aslam, said that Imran Khan will launch the Clean Green Pakistan Index (CGPI) at a grand launching ceremony on October 30. The initiative is aimed at introducing competition among cities on various indicators, including public access to clean drinking water, safe sanitation, effective solid waste management, and tree plantation.
The prime minister will announce a six-month competition among 19 cities of Punjab and Khyber-Pakhtunkhwa provinces, he added. The adviser said that after six months, these cities will be ranked again and those with prominent progress will be rewarded with special federal and provincial government funds and more cities will be joining the competition.
-PM Khan Will Lay The Foundation of Baba Guru Nanak University on Oct. 28
Prime Minister Imran Khan is going to lay the foundation stone of Baba Guru Nanak University on October 28. The establishment of this university in Nankana Sahib was announced earlier this year when PM Khan was in the town for a Spring Tree Plantation Campaign.
-Sindh govt invites bids for Dhabeji SEZ
The Sindh government has launched the well-connected Dhabeji Special Economic Zone in district Thatta near Port Qasim, according to a statement issued on Monday. In this connection, the Sindh Economic Zones Management Company (SEZMC), being the provincial SEZ custodian, has invited proposals for the development and operation of Dhabeji project through an advertisement published in leading national and international newspapers.
Dhabeji SEZ was highlighted in the recent meeting of the China-Pakistan Economic Corridor (CPEC) Joint Working Group on Industrial Cooperation. The senior officials of China’s National Development Reforms Commission (NDRC) appreciated the Sindh government on the progress made so far. The Sindh government launched the project through an international competitive bidding process as a build-up to the upcoming 10th Joint Coordination Committee (JCC) meeting between China and Pakistan, which would be held next month.
-Rice exports surge 51pc in first quarter FY20
Rice exports from the country during the first quarter of the financial year 2019-20 grew by 50.76pc as compared to the corresponding period last year. During the July-September period, about 839,356 metric tonnes of rice, worth $470.584 million, were exported as compared the exports of 551.5,86 metric tonnes, valuing $312.147 million, during the same period of FY19.
According to data released by the Pakistan Bureau of Statistics, the exports of basmati rice increased by 47.29pc, as 212,873 metric tonnes of basmati rice ($194.669 million) were exported during the first quarter of FY20, as compared the 127,669 metric tonnes ($132.166 million) in the same period of last year. Meanwhile, 34,090 metric tonnes of fish and fish preparations worth $79.549 million were also exported in the period under review as compared to the exports of 25,859 metric tonnes valuing $67.294 million during the same period of last year.
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Weekly Roundup

News roundup for the previous week.
In International news
  1. Popular Chinese teenage star speaks up for youth at UN Forum: Wang Yuan, UNICEF Special Advocate for Education and member of TFBoys, addressed a global audience of youth, leaders and development experts before the closing plenary of the 7th Economic and Social Council (ECOSOC) Youth Forum
  2. China says it welcomes investment by foreign companies as long as they respect China's sovereignty and territorial integrity
  3. Trump wants $716 Billion by 2019 to pursue "aggressive defense" against China
  4. Why Is China Buying Up Europe’s Ports? In bustling ports from Singapore to the North Sea, state-owned Chinese firms are turning the idea into a reality with a series of aggressive acquisitions that are physically redrawing the map of global trade and political influence
  5. Taiwan Social Media in Uproar, Surprised by What Expats Would do (litter, stereotype locals, with no "bad intentions")
  6. Taiwan Calls on its Firms not to Break North Korea Sanctions (after a report found a network of ships supplying petroleum products based in Taiwan)
  7. Tillerson China-bashing turns counterproductive
  8. #Venezuela Skirts U.S. Sanctions With Chinese Oil-For-Cash Loans: Oil-for-loan deals between Beijing and Caracas are preventing American sanctions from having their full effect on Venezuela’s economy, according to David Malpass, U.S. treasury under-secretary for international affairs
  9. China’s new pitch to win over #Taiwan: Our jobs are better. About 420,000 Taiwanese people, 58% of those employed off the island, worked in China as of 2015. They earn 1.2 to 1.3 times more money on average than in Taiwan
  10. Beijing has duty to make Taiwan abide by UN sanctions
  11. Chinese-funded projects totaling 53 have created 16,511 jobs for Ugandans in the first 11 months of 2017, while bilateral trade between China and #Uganda amounted to 750 million U.S. dollars during the same period
  12. China Reportedly Negotiating Creation of Military Base With #Afghanistan: “We are going to build it [the base] but the Chinese government has committed to help the division financially, provide equipment and train the Afghan soldiers,” Defense Ministry deputy spokesman said
  13. Asia University Rankings 2018 released: China and Hong Kong have five of the top 10 institutions in Asia, 12 of the top 20 and 30 of the top 100
  14. China is guest of honor at 27th Havana International Book Fair: More than 200 Chinese writers, artists and representatives from publishing houses are attending. They are offering a wide range of contemporary Chinese literature, translated into Spanish
  15. China and #Vietnam close to landmark deal on streamlined joint border checkpoint. The two countries share a 1,280km (795 mile) land border and have been discussing a “two countries, one inspection” system for several years
  16. China's spending in Central and Eastern European countries is helping clear a path toward more investment in Western Europe, one former economic adviser to the Serbian government told CNBC
  17. With Sri Lankan port acquisition, China adds another 'pearl' to its 'string'
  18. Russia and China vie to beat the US in the trillion-dollar race to control the #Arctic
  19. Lavish military parades are almost an art form in North Korea, Russia and China. Will Trump reintroduce them in Washington DC? [It's explicitly confirmed Trump wants to do it after watching France's military parade, I wonder why others "Soviet style hardware display" are being dragged in]
  20. U.S. remains committed to one-China policy, Tillerson says
  21. Russia and China challenge dollar domination Iran joining
  22. While Trump eyes Latin America with malign neglect, China sees opportunity
  23. U.S. and China reaffirm commitment to pressure North Korea
  24. Donald Trump Offers a Helping Hand to China and Russia
  25. Alibaba kicks off sponsor deal in Pyeongchang
  26. China's Su smashes indoor 60m Asian record for 2nd time in four days
  27. China’s latest move in the graveyard of empires
  28. US hits Uighur terror group to impress China
In Domestic news
  1. China to vitalise its rural areas
  2. Chinese #Eden Project to feature world's highest indoor waterfall: An artist’s impression features one large biome and a series of streams and lakes. The waterfall will plunge from 50m – the height of Niagara Falls
  3. [HD] New photos show South China Sea construction close to completion
  4. China Could Steer Self-Driving Cars
  5. China's first automated restaurant opens in Hangzhou: 24-hour a day restaurant features intelligent ordering, service notifications, self-service dining, and automatic payments
  6. Long March 2D launches platform for earthquake observation into space: The satellite is an important platform for studying the electromagnetic environment of Earth and has vital applications in research into the precursors of earthquakes
  7. China Taking the Lead in Space
  8. Face Recognition Glasses Augment China’s Railway Cops
  9. #Quantum Video Call Displays the Future of Secure Communication: Previously, we knew that the 75 minute call used Micius to send data, contained in photons, to two stations operated by China and Europe. Now, however, we know the specifics regarding how everything came together
  10. How China’s AI technology can help Twitter’s suicidal users: The system has been used on Weibo for the past nine months, identifying more than 20,000 users who expressed suicidal thoughts and sending messages to them with a hotline number and online tools to get professional help
  11. In China, these facial-recognition glasses are helping police to catch criminals
  12. China’s tough #cyber rules raise risk of infiltration, US business group says: In a report, the council said China should open access to cloud computing services, level the playing field in technology procurement and allow foreign firms to send copies of data abroad for analysis and processing
  13. China to build the country’s first heating nuclear reactor
  14. Controlling quantum interactions in a single material: breakthrough could enable ultrafast, low-power electronics and quantum computers that operate faster than current models in the areas of data acquisition, processing, and exchange. Jiangang He and Franchini served as the paper's co-first authors
  15. Citation impact helps China surge ahead in latest Asia rankings: China has 63 institutions, up from 54 last year, and a breakdown of its average scores in each metric shows that as well as citation impact, it has also made significant ground on research income and the reputation of its universities
In Economic news
  1. China to Probe U.S. Sorghum Subsidies
  2. Baidu’s plan: beat Google in self-driving cars with a totally Google-y move
  3. China to launch anti-dumping investigation into U.S. sorghum imports
  4. China’s forex new year resolution: hit illegal currency outflows hard
  5. World markets crash, except for China
  6. Trump said he’d shrink the trade deficit with China. It just hit a record high.
  7. Government policy constrains Embraer, Bombardier jet offerings for China regional airlines
  8. What happened in China business last week?
  9. Renault-Nissan and Didi plan self-driving ride service in China
  10. Global times: The idea that China has more to lose in a trade war with the US is absurd| Hu Says
  11. Daimler apologizes to China for quoting Dalai Lama: #Daimler has no intention of questioning or challenging in any manner China's sovereignty and territorial integrity. Offers no support, assistance, aid or help to anyone who intentionally subverts or attempts to subvert China's sovereignty
  12. This small electric car made by GM’s Chinese joint-venture can cost just $5,600
  13. China Set To Launch Yuan-Prices Oil Futures Next Month
In Military news
  1. China’s plan to use artificial intelligence to boost the thinking skills of nuclear submarine commanders. Equipping nuclear submarines with AI would give China an upper hand in undersea battles
  2. China’s military fires up world first in revolutionary rail gun technology
  3. China conducts missile interception test: Midcourse interception is often regarded as the most difficult in the three flight phases because the incoming missile usually reaches its maximum speed and height during its flight above the atmosphere
  4. PLAAF Su-35 patrol South China Sea
  5. China Intercepts Missile in Space One Week After Failed US Attempt
  6. China plans sea-based anti-missile shields ‘for Asia-Pacific and Indian Ocean’
  7. Missile defense test in pursuit of equilibrium: US has been talking recently with its list of rogue states and its portrayals of China and Russia as predatory rivals and revisionist powers challenging the rules-based order. But then the biggest lies are usually told with shows of sincerity
  8. China sends advanced fighter jets to South China Sea for first time
  9. US warns about the expanding nuclear arsenals of China, Russia, and North Korea
  10. China's military facilities in #SouthChinaSea 'almost ready': runways for the three biggest islands have been completed. Lighthouses, radar domes, hangars and buildings have been built, while helipads, wind turbines and observation and communication towers can be seen on four smaller islands
  11. Electromagnetic guns should be fitted on China's new destroyer the Type 055: Because direction energy weapons, including electromagnetic and laser guns, would consume a huge amount of energy, only warships with integrated full electronic propulsion systems could meet such energy requirements
  12. China's CH-4 drone completes first live-fire test: The tested CH-4 is an upgraded version of the model which was first produced in 2015
  13. Pentagon: China, Russia Soon Capable of Destroying U.S. #Satellites. The report concludes that "China and Russia will be capable of severely disrupting or destroying U.S. satellites in low-earth orbit" in the next several years, said the officials
  14. China Using AI to Build Nuclear #Submarine That Can 'Think for Itself': The "machine learning" process means the computer running the nuclear submarine would be able to work without any human involvement, receiving knowledge, building on its skills and developing new battle strategies
  15. China's Su-35 fighter jets, J-20 stealth jets to maintain airspace safety
Other Notables
  1. Chaoyang resident discovers suspects by unusual food delivery: Residents living in #Chaoyang District, Beijing were given the nickname of “world’s fifth largest intelligence agency”, by Chinese netizens due to their excellent intelligence-gathering ability
  2. In 2017 mainland China grew GDP by $USD 1.055 Trillion, an all time record high.
  3. Happy Lunar New Year flash mob dance
  4. Operation Red Sea - Wolf Warrior on steroids, coming out this month people.
  5. Bruce Lee Star Wars Mashup Is Amazing
  6. Jackie Chan & Arnold Schwarzenegger: Journey to China: The Mystery of Iron Mask.
  7. The Monkey King 3 Trailer #1 (w/ English Subs)
  8. China's SCS artificial island sizes (Washington DC for Scale)
  9. Oriental Dreamworks Relaunches As 100% Chinese-Owned Pearl Studio: The studio’s first release will be Everest, the previously announced Dreamworks Animation film
  10. Mercedes-Benz aggravates Chinese consumers with Instagram post quoting Dalai Lama
  11. 沒有共產黨就沒有新中國 Without the Communist Party, there would be no new China 1080pHD
  12. “Monkey King” actor from the 1986 TV series performing for the New Years Gala
  13. CCP need to put a mandate onto Chinese film industry
  14. [Traditional Instrument Music] 吹簫人去玉樓空
  15. Uncovered Chinese tomb is confirmed as belonging to eldest son of Han Dynasty emperor who was kicked out just a month into the job
  16. Why China Loves Trump
  17. China's irresistible rise
  18. What's Taiwan DPP hiding after the Earthquake? They are refusing all official help from EVERY government except Japan
  19. Discover the ancient city site of Xiongnu
  20. Han Geng publicly announces his relationship with Wolf Warriors 2 actress Celina Jade
  21. Su Bingtian 60m 6.43 New Asian Record - Dusseldorf 2018 [1080p]
  22. Nanjing and Hangzhou by 木白-文
  23. 9,000-year-old wells found in central China: Previously it was believed that wells first appeared along the Yangtze River some 6,000 to 7,000 years ago in the late Neolithic period
  24. Haval's futuristic car concept ad
  25. The Quad Jump Is Changing Figure Skating. Nathan Chen Is Leading the Way
  26. 南禅寺 Nanchan Temple was built in 782 during China’s Tang dynasty, and its Great Buddha Hall is currently China’s oldest preserved timber building extant
  27. Niagara Falls lit up in red to welcome Chinese New Year: "In celebration of the Chinese New Year, and in recognition of 2018 being designated the Canada-China Year of Tourism, we are glad to illuminate Niagara Falls in a shade of red this evening,"
  28. Jeremy Lin leads NBA's record-setting Chinese New Year celebrations
  29. A Libertarian’s Take on China’s Belt & Road Initiative
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