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China–Pakistan Economic Corridor
China–Pakistan Economic Corridor (CPEC) (; ur, چین پاکستان اقتصادی راہداری) is a collection of infrastructure projects that are under construction throughout Pakistan beginning in 2013. Originally valued at $47 billion, the value of CPEC projects is worth $62 billion as of 2020. CPEC is intended to rapidly upgrade Pakistan's required infrastructure and strengthen its economy by the construction of modern transportation networks, numerous energy projects, and special economic zones. On 13 November 2016, CPEC became partly operational when Chinese cargo was transported overland to Gwadar Port for onward maritime shipment to Africa and West Asia, while some major power projects were commissioned by late 2017. A vast network of highways and railways are to be built under the aegis of CPEC that will span the length and breadth of Pakistan. Inefficiencies stemming from Pakistan's mostly dilapidated transportation network are estimated by the government to c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Flag Of The People's Republic Of China
The National Flag of the People's Republic of China, also known as the Five-star Red Flag, is a Chinese red field with five golden stars charged at the canton. The design features one large star, with four smaller stars in an arc set off towards the fly. It has been the national flag of China since the foundation of the People's Republic of China on 1 October 1949. The red represents the Chinese Communist Revolution and the five stars and their relationships to each other represent the unity of the Chinese people under the leadership of the Chinese Communist Party (CCP). The flag was first hoisted by the People's Liberation Army (PLA) on a pole overlooking Beijing's Tiananmen Square on 1 October 1949, at a ceremony proclaiming the establishment of the People's Republic of China. History Early flags The previous flag of China was the "Yellow Dragon Flag" used by the Qing dynasty — the last imperial dynasty in China's history — from 1865 until the overth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Special Economic Zones
A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increased investment, job creation and effective administration. To encourage businesses to set up in the zone, financial policies are introduced. These policies typically encompass investing, taxation, trading, quotas, customs and labour regulations. Additionally, companies may be offered tax holidays, where upon establishing themselves in a zone, they are granted a period of lower taxation. The creation of special economic zones by the host country may be motivated by the desire to attract foreign direct investment (FDI). The benefits a company gains by being in a special economic zone may mean that it can produce and trade goods at a lower price, aimed at being globally competitive. In some countries, the zones have been criticized for being l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Asia
Central Asia, also known as Middle Asia, is a subregion, region of Asia that stretches from the Caspian Sea in the west to western China and Mongolia in the east, and from Afghanistan and Iran in the south to Russia in the north. It includes the former Soviet Union, Soviet republics of the Soviet Union, republics of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan, which are colloquially referred to as the "-stans" as the countries all have names ending with the Persian language, Persian suffix "-stan", meaning "land of". The current geographical location of Central Asia was formerly part of the historic region of Turkestan, Turkistan, also known as Turan. In the pre-Islamic and early Islamic eras ( and earlier) Central Asia was inhabited predominantly by Iranian peoples, populated by Eastern Iranian languages, Eastern Iranian-speaking Bactrians, Sogdians, Khwarezmian language, Chorasmians and the semi-nomadic Scythians and Dahae. After expansion by Turkic peop ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Karachi
Karachi (; ur, ; ; ) is the most populous city in Pakistan and 12th most populous city in the world, with a population of over 20 million. It is situated at the southern tip of the country along the Arabian Sea coast. It is the former capital of Pakistan and capital of the province of Sindh. Ranked as a beta-global city, it is Pakistan's premier industrial and financial centre, with an estimated GDP of over $200 billion ( PPP) . Karachi paid $9billion (25% of whole country) as tax during fiscal year July 2021 to May 2022 according to FBR report. Karachi is Pakistan's most cosmopolitan city, linguistically, ethnically, and religiously diverse, as well as one of Pakistan's most secular and socially liberal cities. Karachi serves as a transport hub, and contains Pakistan’s two largest seaports, the Port of Karachi and Port Qasim, as well as Pakistan's busiest airport, Jinnah International Airport. Karachi is also a media center, home to news channels, film and fashi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gwadar
Gwadar ( Balochi/ ur, ) is a port city with located on the southwestern coast of Balochistan, Pakistan. The city is located on the shores of the Arabian Sea opposite Oman. Gwadar is the 100th largest city of Pakistan, according to the 2017 census. It was an overseas possession of Oman from 1783 to 1958. It is about southwest of Turbat, while the sister port city of Chabahar in Iran's Sistan and Baluchestan province is about to the west of Gwadar. On 2 April 2021, Gwadar was declared the capital of the South Balochistan region. The main industrial concern is a fish-processing factory. Gwadar became part of the sultanate of Muscat and Oman in 1797, and it was not until 1958 that the town and adjoining hinterland were exchanged from Oman to Pakistan. For most of its history, Gwadar was a small to medium-sized settlement with an economy largely based on artisanal fishing. The strategic value of its location was first recognized in 1954 when it was identified as a suitable ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
West Asia
Western Asia, West Asia, or Southwest Asia, is the westernmost subregion of the larger geographical region of Asia, as defined by some academics, UN bodies and other institutions. It is almost entirely a part of the Middle East, and includes Anatolia, the Arabian Peninsula, Iran, Mesopotamia, the Armenian Highlands, the Levant, the island of Cyprus, the Sinai Peninsula, and partly the Caucasus Region (Transcaucasia). The region is considered to be separated from Africa by the Isthmus of Suez in Egypt, and separated from Europe by the waterways of the Turkish Straits and the watershed of the Greater Caucasus. Central Asia lies to its northeast, while South Asia lies to its east. Twelve seas surround the region (clockwise): the Aegean Sea, the Sea of Marmara, the Black Sea, the Caspian Sea, the Persian Gulf, the Gulf of Oman, the Arabian Sea, the Gulf of Aden, the Red Sea, the Gulf of Aqaba, the Gulf of Suez, and the Mediterranean Sea. Western Asia covers an area of , with a pop ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Africa
Africa is the world's second-largest and second-most populous continent, after Asia in both cases. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 6% of Earth's total surface area and 20% of its land area.Sayre, April Pulley (1999), ''Africa'', Twenty-First Century Books. . With billion people as of , it accounts for about of the world's human population. Africa's population is the youngest amongst all the continents; the median age in 2012 was 19.7, when the worldwide median age was 30.4. Despite a wide range of natural resources, Africa is the least wealthy continent per capita and second-least wealthy by total wealth, behind Oceania. Scholars have attributed this to different factors including geography, climate, tribalism, colonialism, the Cold War, neocolonialism, lack of democracy, and corruption. Despite this low concentration of wealth, recent economic expansion and the large and young population make Afr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gwadar Port
The Gwadar Port ( ur, ) is situated on the Arabian Sea at Gwadar in Balochistan province of Pakistan and is under the administrative control of the Maritime Secretary of Pakistan and operational control of the China Overseas Port Holding Company. The port features prominently in the China–Pakistan Economic Corridor (CPEC) plan, and is considered to be a link between the Belt and Road Initiative and the Maritime Silk Road projects. It is about southwest of Turbat, and to the east of Chabahar Port ( Sistan and Balochistan Province in Iran). Gwadar's potential to be a deep water sea port was first noted in 1954, while the city was still under Omani sovereignty. Plans for construction of the port were not realised until 2007, when the port was inaugurated by Pervez Musharraf after four years of construction, at a cost of $248 million. In 2015, it was announced that the city and port would be further developed under CPEC at a cost of $1.62 billion, with the aim of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
McClatchy News
The McClatchy Company, commonly referred to as simply McClatchy, is an American publishing company incorporated under Delaware's General Corporation Law and based in Sacramento, California. It operates 29 daily newspapers in fourteen states and has an average weekday circulation of 1.6 million and Sunday circulation of 2.4 million. In 2006, it purchased Knight Ridder, which at the time was the second-largest newspaper company in the United States (Gannett was, and remains, the largest). In addition to its daily newspapers, McClatchy also operates several websites and community papers, as well as a news agency, McClatchy DC Bureau, focused on political news from Washington, D.C. In February 2020, the company filed for Chapter 11 bankruptcy, intending to reorganize and complete the bankruptcy process within a few months. In July 2020, Chatham Asset Management, a hedge fund, won the auction to buy McClatchy for US$312 million. History The company originated with '' The Daily Bee'' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Express Tribune
''The Express Tribune'' is a daily English-language newspaper based in Pakistan. It is the flagship publication of the '' Daily Express'' media group. It is Pakistan's only internationally affiliated newspaper in a partnership with the ''International New York Times'', the global edition of ''The New York Times''. Headquartered in Karachi, it also prints copy from offices in Lahore, Islamabad, and Peshawar. It was launched on 12 April 1999, in broadsheet format, with a news design distinctive from traditional Pakistani newspapers. Its editorial stance identifies with social liberalism, and its readership is generally on the mainstream left of Pakistani political and social opinion. Topics the newspaper covers include politics, international affairs, economics, investment, sports, and culture. It runs a glossy called ''Express Tribune Magazine'' on Sunday, which includes social commentary, interviews, and a four-page supplement with recipes, reviews, travel advice, blogs, and tech ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Special Economic Zone
A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increased investment, job creation and effective administration. To encourage businesses to set up in the zone, financial policies are introduced. These policies typically encompass investing, taxation, trading, quotas, customs and labour regulations. Additionally, companies may be offered tax holidays, where upon establishing themselves in a zone, they are granted a period of lower taxation. The creation of special economic zones by the host country may be motivated by the desire to attract foreign direct investment (FDI). The benefits a company gains by being in a special economic zone may mean that it can produce and trade goods at a lower price, aimed at being globally competitive. In some countries, the zones have been criticized for being l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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