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Feb 10, 2021 Afghanistan wanted Chinese mining investment. It got a Chinese spy ring instead Sun Online Desk 10th February, 2021 070704 PM The arrest in Kabul on Dec. 10 of an alleged Chinese espionage ring has prompted Afghanistan to recalibrate its relationship with China, its resource-hungry giant neighbor to the east. Afghan government officials said ...
Jan 29, 2021 After a Chinese spy ring was arrested in Kabul, Afghanistan has recalibrated its relations with China. In what will be a major blow to resource-hungry China, Kabul has terminated oil and gas contracts with China and is renegotiating the terms of a massive mining concession that has been lying dormant since it was inked with China more than a decade ago.
Jul 04, 2016 Mining is estimated to be the second largest source of income for the Taliban after drugs. There is a very real risk that the country could fall prey to a prolonged, resource-driven conflict like those that have affected parts of Africa. Chinas problem. With a common border with Afghanistan, China has a more direct interest than many countries.
May 04, 2021 Afghanistan The Chinese Ultimatum. May 4, 2021 China has some very large investments planned for Afghanistan. China increased its economic aid after 2014 and pledged billions for the development of a copper mining complex. This was derailed at the end of 2020 when Afghanistan arrested ten Chinese citizens and accused them of being MSS ...
Jul 09, 2021 Chinese companies have invested in Afghan mining and infrastructure, but those assets appear increasingly in jeopardy as the Taliban seize large amounts of
2 days ago Beijing, China The withdrawal of US troops from Afghanistan and seemingly unstoppable march of the Taliban opens a strategic door to China that is laden with both risk and opportunity.
Dec 12, 2017 At present, one of the largest mines in the country is the Aynak copper licence, held by a Chinese consortium of the state-owned Metallurgical Corporation of China and Jiangxi Copper Corporation. The deposit is reportedly worth upwards of 50bn but has languished undeveloped for nine years, demonstrating that mining in Afghanistan is no easy feat.
Jul 09, 2021 Chinese companies have invested in Afghan mining and infrastructure, but those assets appear increasingly in jeopardy as the Taliban seize large amounts of territory, possibly placing Kabul at risk. Afghanistan security issues will be discussed at a meeting next week of the Shanghai Cooperation Organization, which is led by China and Russia ...
Sep 20, 2013 As the commodities cycle turns, prices drop, mining firms scale back on new projects, and Chinas economy slows, experts said that Afghanistan appears to
Feb 18, 2019 But China has got its foot in the door, winning rights to Amu Darya Basin oil in the north and the massive Mes Aynak copper mine near Kabul. Moreover, Beijing has taken modest steps to include Afghanistan in the BRI. In 2016 Beijing and Kabul signed a Memorandum of Understanding. China has reportedly pledged at least 100 million in funding.
Jul 15, 2021 Regarding Afghanistan and China, the focus is the copper mining industry. The rare earth and other metallurgical materials found in Afghanistan would help Chinas hi-tech manufacturing and other sectors. A potential gas pipeline would also be of benefit to China. Now with US and EU troops leaving, China has its eyes on Afghanistan again.
Jul 05, 2021 Afghanistan has always been in the too hard box. However, China is succeeding where others have failed, and to our distinct strategic disadvantage. Alexander the Great, who along with many ...
Aug 15, 2011 Chinas limited support for the US-led counterinsurgency campaigns in Afghanistan and Iraq, despite the growing Chinese economic stake in these countries, has provoked some irritation among US observers over Chinas free riding on the back of
Jul 08, 2021 Perhaps Chinas main advantages in Afghanistan are its firm lock on neighboring Pakistan and Beijings long-standing ties to the Taliban, which go as
Jan 27, 2021 The arrest in Kabul on Dec. 10 of an alleged Chinese espionage ring has prompted Afghanistan to recalibrate its relationship with China, its resource-hungry giant neighbor to the east. Afghan government officials said that the country has terminated oil and gas contracts with China and is seeking to renegotiate the terms of a massive mining ...
Chinas Role in Shaping the Future of Afghanistan Tiffany P. Ng Summary China has steadily increased its economic aid and investment in Afghanistan, most notably with a 3.5 billion deal to develop the Aynak copper mine. At the same time, it plays a very
Jul 10, 2021 China has been eying big scale investments in Afghanistan as the country has the worlds largest unexploited reserves of copper, coal, iron, gas, cobalt, mercury, gold, lithium and
Jul 08, 2021 China, along with Pakistan, is willing to continue support for all parties in Afghanistan to seek a political solution through dialogue that leads to ethnic reconciliation and long-lasting ...
May 10, 2021 Afghanistan, with its trillions of dollars in underground resources and mines, could provide an opportunity for China to connect Afghanistan to the Belt project.
Sep 04, 2014 The Afghan government has already signed a 30-year, 3 billion contract with the China Metallurgical Group, a state-owned mining enterprise based in
Dec 17, 2016 The 30-year agreement between Afghanistan and China allows Metallurgical Group Corporation to access Mes Aynak, but the project has been
Oct 07, 2018 Afghan officials have signed contracts for two major mining projects in northern Afghanistan, pushing ahead with plans to develop the countrys
Feb 21, 2013 Erica Downs examines Chinas investment in the development of Afghanistans vast natural resource wealth, and argues that Chinese companies invested in Afghanistan
Aug 11, 2017 Apart from oil and natural gas exploration investments, China is fast seizing a substantial share of mineral resources in Afghanistan, the Aynak copper field situated in the Logar province in Central-Eastern Afghanistan became the largest ever Foreign Direct Investment FDI in the country with China Metallurgical Group Corp., Jiangxi Copper ...
Apr 25, 2018 Mes Aynak, meaning small copper deposit in Dari, one of Afghanistans official languages, is huge estimates indicate it contains some 450 million metric tonnes of ore worth at least US50 billion 317 billion yuan. Chinas appetite for minerals has powered a rapid expansion of its international mining interests in all major metals ...
Dec 16, 2016 The Taliban say theyre giving China the green light to restart a 3 billion mining project, but Afghanistans legal government says the militant group is
Sep 05, 2014 The Afghan government has already signed a 30-year, 3 billion contract with the China Metallurgical Group, a state-owned mining enterprise based in
Jul 19, 2013 MoneyWatch In November 2007, the China Metallurgical Group Corp., a state-owned conglomerate, signed a 3 billion contract with the Afghan Ministry of Mines
The Chinese companies had an advantage over their Western competi- tors in Afghanistans first mining and hydrocarbon tenders because of their state ownership. Most importantly, Chinese