The Roundup

https://whatsapp.com/channel/0029VaY98AM9hXF8HkfxYY39                                        https://wa.me/c/923554754711 China - Pakistan Debt (Alleged) Trap: Analyzing the Exploitive Nature of CPEC with "World System Theory" • The China-Pakistan Economic Corridor (CPEC) is part of China's Belt and Road Initiative (BRI), aimed at expanding Chinese influence globally. CPEC has increased Pakistan's economic dependence on China, leading to concerns about a potential debt trap. • The World System Theory describes the relationship where China is the "core" and Pakistan is the "periphery." This theory highlights the exploitation of Pakistan, which provides cheap labor and raw materials to China, while China supplies high-profit consumption goods. • The partnership has led to economic benefits for Pakistan, such as infrastructure development and increased connectivity. However, it has also resulted in significant debt for Pakistan and dependence on Ch

  https://whatsapp.com/channel/0029VaY98AM9hXF8HkfxYY39                                          https://wa.me/c/923554754711 Analysis: Why more Southeast Asian countries have signalled interest to join BRICS • Several ASEAN countries, including Malaysia, Thailand, and Indonesia, have shown interest in joining BRICS. Countries are motivated by the desire to diversify their global economic options and strengthen their international standing. • BRICS offers potential benefits in investment, trade, and infrastructure financing, particularly from China and India. The group's collective potential is attractive for national interest calculations. • Analysts warn that joining BRICS could lead to overreliance on China, impacting ASEAN countries in the US-China trade war and South China Sea conflicts. Economic risks include China's slowing domestic demand and property crisis, which could affect ASEAN economies. • Membership could lead to avoiding criticism of China on sensitive issu

   https://whatsapp.com/channel/0029VaY98AM9hXF8HkfxYY39                                          https://wa.me/c/923554754711 Jun 10, 2024 (Monday) GLOBAL Asia Pacific 1.        Beijing Says US Provoking Arms Race in Moves into South China Sea . The US poses the largest security challenge in the South China Sea as its military deployment there is turning it into “the whirlpool of an arms race,” Chinese Vice Foreign Minister Sun Weidong.          2.        South Korea Restarts Anti-North Korea Loudspeaker Broadcasts in Retaliation for Trash Balloons . South Korea resumed anti-North Korean propaganda loudspeaker broadcasts in border areas in retaliation for the North sending over 1,000 balloons filled with trash and manure over the last couple of weeks. Russia/Europe/West 3.        Ukrainian Warplane Fires Weapon at Target Inside Russia for First Time . A Ukrainian warplane has for the first time fired a weapon that struck a target inside Russia, a Ukrainian military source