Connect with us

China

US-Pak Relations in Historical Perspective

Published

on

With the changing geostrategic Situation and after the Twitter blitz, Donald Trump turns to Pakistan to get rid of Afghan Mess and seeking help from Islamabad to influence the Taliban by bringing them to the negotiating table. The Russia Peace Talks with the participation of the stakeholders along with Insurgent Taliban leadership and Afghanistan Peace Council Delegation held talks in Moscow to reach an agreement but the talks, unfortunately, did not bear any fruit.

US-Pakistan relations have always been overcast with mistrust but this time, the onus has been felt and new terms of engagement have surfaced with New Government of Pakistan. Imran Khan in his exclusive interview With the Washington Post has made it clear that Pakistan is not hired Gun and will not fight anyone’s war.

 The Peace in Afghanistan is in favour of Pakistan and welcomed the letter by giving a positive response to Trump’s request. The Foreign Office will draft the reply to the letter and will present to Prime Minister Imran Khan for approval.

The analysts and political pundits have termed the development as positive and this time the Trump administration seems to be serious in engagement with Pakistan. The incoming US central command Lieutenant General Kenneth McKenzie has also said that he will engage with Pakistan on priority basis  as directed by the US  president to him since the US wants to come in direct talks with the insurgent Taliban and bring them to negotiating table to devise a sharable government plan and the possible amendments in the Afghan Constitution.

 With Kartarpur Corridor opening to facilitate the Sikh Pilgrims of India and the recent paradigm shift in US-Pakistan Relations  are being termed as watershed moments for both Pakistan and US to work together to bring Normalcy in Afghanistan Since both US and Pakistan has suffered a lot in so-called War on terror and Pakistan has done a lot more than expected as US Ally . 

ALSO READ:   Tesla CEO Musk's Concerns on Interest Rates and Mexico Factory

Pakistan facilitated the US by giving her ground, Air and communication channels that played a vital role as a close ally in post 9/11 arena and the US bid for regime change in Afghanistan.   Pakistan has laid down unprecedented sacrifices of  Civil and Military sacrifices in thousands and what Pakistan is facing today in terms of Economic crisis that is because of being a close ally of US in  War on terror and have significantly lost its Investment and Trade opportunities at the helm of America. 

Donald Trump’s so-called irresponsible Twitter Tirade against Pakistan blaming that despite paying millions of Rupees in security aid, Pakistan has deceived the US or did not do the damn thing ,has stirred widespread criticism since the World Community is well aware that Pakistan Suffered a lot being a US ally and that is the mistrust that has become the Stalemate between US-Pak relations and the ambiguities that have stalled the diplomatic relations. 

Advertisement

With increasing US alignment towards India and signing various trade agreement with Modi Regime ,Trump Administration has also created the sense of disappointment in the circles of Civil and Military leadership of Pakistan that despite making us a scapegoat and used as the hired gun –the salt is being rubbed on our wounds by favouring our arch-rivals  since we have lost our near and dear ones in various terrorist activities infiltrated from Afghanistan and the India patronizing the Separatist movements in the province of Baluchistan.

The Indian spy captured from Baluchistan province, Kalbhushan Yadav, had publically confessed that how Indian Secret Agency Research and Analysis Wing (RAW) carried out various terrorist activities within Pakistan to bring instability through terrorism.

The US might have been advised by various think-tanks and Influencing bodies of political and diplomatic circles  that an ally who fought the war on terror as an important ally of US  and still bearing the brunt of Terrorist attacks -be it Army Public School attack, the attacks on various Shrine, Shia-Sunni Sectarian killings patronized by international forces, is left out when it comes the development option or trade relations or when Pakistan needed US support to fix its balance of Payments Issue  .

Instead of giving support, US withheld a huge chunk of security aid and even tried to influence the International Monetary Fund (IMF) not to offer any bailout package as the same may be used to repay Chinese loans. Thanks to Saudis and China helping Pakistan to fix the issue of balance payments that alignment towards alternative powers might have prompted the US to change its stance.

Pakistan has always responded in positive gesture and has been overburdened with Afghan Refugees influx caused by US air Strikes on Afghanistan for regime change, Dismantling AlQaida and nabbing the Osama bin Laden.

Pakistan has the majority of Afghan refugees in KPK and Sindh province and often found involved in terrorist links or activities as Pakistan Army and Rangers conducted various anti-terrorism operations under the National Action Plan in FATA and KPK to cleanse the terrorist elements and so far, achieved tremendous success in eradication of Terrorism and restoring  peace in the country.

Advertisement

On the other hand, US has always demanded from Pakistan to do more that is really disappointing and hurting. Despite all these odds, Pakistan’s civil and military leadership appears to be on the same page and ready to engage with the US on revised terms of engagement for the sake of peace.

Both Pakistan and the US have suffered losses, now, it is the time that they should serve the common interests of each other.Pakistan can  play  a key role in the Afghan peace process since this time ,the regional powers of Asia such as Russia, China, India, Pakistan, Turkey and US  intend to resolve the issue through dialogue as  American have failed in bringing peace despite  their  presence in Afghanistan and have been waging war for the last 17 years   . 

This is perhaps one of the longest wars they have fought and apparently, they are losing the ground since the Taliban seem to be much organized and have become a party for talks rather than an insurgent group. They have control of various provinces and possess great influence in its controlled areas.

The Afghan Peace process will never succeed unless all the stakeholders are taken on board especially the Taliban leadership, as prior to the US-led Air strikes, Taliban had full control of all the areas of Afghanistan.

Owing to being a landlocked country, Afghanistan depends on Pakistan for the trade and supplies. The Peace Process may pave the way for Pakistan-Afghanistan Transit Trade Agreement (APTTA) that was bilateral trade agreement signed in 2010 that calls for greater facilitation in the movement of goods between these two countries.

The China Pakistan Economic Corridor is yet another trade route that will benefit Afghanistan if the peace agreement reaches between the Taliban and the Afghan Government. 

Advertisement

CPEC is a game changer not only for Pakistan but also for the Central Asian States. The analysts are of the view that CPEC may trigger Hybrid war since it has a very significant geostrategic position that will attract more countries towards it including the OPEC to use the Gawadar Port for transportation of Oil and LPG gas to the South Asian and Central Asian States.

It is imperative that Pakistan and US must work together for regional peace and especially reaching an agreement with the insurgent Taliban leadership so that Peace could be maintained and restored in Afghanistan.

The withdrawal plan for the NATO forces may be chalked out and the refugees’ crisis may be overcome since Pakistan has not been compensated in a real sense despite being overburdened by 1.45 million Afghan Refugees as per recent statistics of UNHCR and UNHCR termed Pakistan as World’s biggest country to host such high number of Refugees.

It is hoped that this change of attitude will benefit both the countries and will improve diplomatic relations and help find out lasting solutions to bring peace in war-torn Afghanistan and repatriation of Afghan refugees.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Economy

UBS: AI and Cross-Border E-Commerce Drive Growth for Chinese Internet Firms in 2024

Published

on

Introduction

Chinese internet firms are set to continue their growth trajectory in 2024, with artificial intelligence (AI) and cross-border e-commerce being key drivers of expansion, according to a report by Swiss bank UBS. Despite facing intense domestic competition, China’s e-commerce platforms are ramping up their overseas expansion efforts. This is in line with the bank’s analysis that cross-border e-commerce is a bright spot for Chinese internet firms, with the global e-commerce market expected to reach $6.4 trillion by 2024.

AI is also identified as a main theme for Chinese internet companies, with many firms investing heavily in the technology. However, monetization continues to be a challenge, with companies struggling to turn their AI capabilities into profitable ventures. Nevertheless, UBS believes that AI will remain a key growth driver for Chinese internet firms in the years to come.

As China’s internet firms continue to expand their reach both domestically and internationally, the country’s tech sector is set to play an increasingly important role in the global economy. With AI and cross-border e-commerce at the forefront of their growth strategies, Chinese internet firms are poised to capitalize on these bright spots in the industry.

Key Takeaways

  • Chinese internet firms are set to continue their growth trajectory in 2024, with AI and cross-border e-commerce being key drivers of expansion.
  • China’s e-commerce platforms are ramping up their overseas expansion efforts, in line with the bank’s analysis that cross-border e-commerce is a bright spot for Chinese internet firms.
  • AI is identified as a main theme for Chinese internet companies, with many firms investing heavily in the technology.

AI as a Growth Driver for Chinese Internet Firms

The rapid development of Artificial Intelligence (AI) has become a key driver for the growth of Chinese internet firms. According to a report by UBS, AI remains a main theme for Chinese internet companies, as it provides new opportunities for innovation and growth.

ALSO READ:   The Endless Frustration of Chinese Diplomacy :An Analysis

Monetisation Challenges in AI

Despite the potential benefits, monetisation of AI continues to be a challenge for Chinese internet firms. UBS notes that while AI is being used in a variety of applications, including facial recognition, natural language processing, and autonomous driving, there is still a lack of effective business models to monetise these technologies. This is particularly true for companies that are still in the early stages of developing their AI capabilities.

AI Innovations and Advancements

Despite the challenges, Chinese internet firms are continuing to make significant advancements in the field of AI. For example, Alibaba has developed a new AI-powered virtual assistant that can help customers find products more easily. The company is also using AI to improve its logistics and supply chain operations, which has helped to reduce costs and improve efficiency.

Advertisement

Similarly, Tencent is using AI to enhance its social media platforms, including WeChat and QQ. The company has developed a new AI-powered chatbot that can help users find information more quickly and easily. Tencent is also using AI to improve its advertising capabilities, which has helped to increase revenues and improve profitability.

In conclusion, AI is becoming an increasingly important growth driver for Chinese internet firms. While there are still challenges to be overcome, companies are continuing to make significant advancements in the field of AI, which is helping to drive innovation and growth across the industry.

Cross-Border E-Commerce Expansion

In 2024, Chinese internet firms are leveraging Artificial Intelligence (AI) to expand their cross-border e-commerce operations, which have become one of the bright spots in the industry. As per a report by UBS, China’s e-commerce platforms are facing intense competition domestically, which is driving them to expand their operations overseas.

Strategies for Overseas Markets

To expand their cross-border e-commerce operations, Chinese internet firms are adopting various strategies. One of the most popular strategies is to partner with local firms in the target market. This helps them to leverage the local knowledge and expertise of the partner firm and gain a foothold in the market quickly. For example, JoyTelecom is providing cross-border e-commerce services to the Chinese population, while Insilico Medicine is leveraging AI to discover new drugs. Cloopen, on the other hand, is expanding its global business by providing cloud-based communication services to overseas clients.

Domestic Competition and Global Aspirations

Chinese e-commerce platforms are facing intense competition domestically, which is driving them to expand their operations overseas. The domestic market is crowded, and the competition is intense, which makes it difficult for these firms to grow. However, by expanding overseas, these firms can tap into new markets and gain access to new customers.

Advertisement

Moreover, Chinese internet firms have global aspirations, and they want to become leading players in the global e-commerce market. To achieve this goal, they are leveraging AI to improve their operations and gain a competitive edge. However, monetization remains a challenge for these firms, and they need to find new ways to generate revenue from their operations.

ALSO READ:   10 Benefits of AI for Your Small Business in 2024

In conclusion, Chinese internet firms are leveraging AI and expanding their cross-border e-commerce operations to tap into new markets and gain access to new customers. By partnering with local firms and adopting innovative strategies, these firms are well-positioned to become leading players in the global e-commerce market.

UBS Analysis on Internet Firms in 2024

Market Trends and Predictions

According to UBS, AI and cross-border e-commerce are the two bright spots for Chinese internet firms in 2024. Chinese e-commerce platforms are facing intense domestic competition, and as a result, they are ramping up their overseas expansion. The Swiss bank predicts that this trend will continue in the coming years, as these companies seek to expand their customer base beyond China.

UBS also notes that AI remains a main theme for Chinese internet companies, with many firms investing heavily in this area. However, monetization continues to be a challenge, and companies are still trying to figure out how to generate revenue from their AI initiatives.

Financial Outlook for Chinese E-Commerce

Despite the challenges facing Chinese e-commerce platforms, UBS is optimistic about their financial outlook. The bank predicts that the industry will continue to grow at a rapid pace in the coming years, driven by factors such as rising disposable incomes, increasing internet penetration, and the growing popularity of online shopping.

Advertisement

UBS notes that while the industry is likely to face challenges such as intense competition and regulatory hurdles, the long-term outlook for Chinese e-commerce remains positive. The bank predicts that the industry will continue to be a major driver of growth in the Chinese economy and that it will play an increasingly important role in the global e-commerce market.

Overall, UBS’s analysis suggests that Chinese internet firms are well-positioned to capitalize on the opportunities presented by AI and cross-border e-commerce. While there are certainly challenges to be faced, the bank is confident that these firms will continue to grow and thrive in the coming years.

ALSO READ:   Indian Diplomat summoned to register Pakistan’s strong protest against Ceasefire Violations by India

How are Chinese internet firms leveraging AI for global market expansion?

Chinese internet firms are leveraging AI in various ways to expand their global market presence. One way is through the use of AI-powered chatbots and virtual assistants to enhance customer service and support. These tools can help Chinese firms provide 24/7 customer service in multiple languages, improving the customer experience and building brand loyalty.

Another way Chinese internet firms are leveraging AI for global market expansion is through the use of AI-powered supply chain management systems. These systems can help Chinese firms optimize their logistics and inventory management, reducing costs and improving efficiency. This can give Chinese firms a competitive advantage in cross-border trade.

What strategies are Chinese e-commerce companies adopting for cross-border trade?

Chinese e-commerce companies are adopting various strategies for cross-border trade. One strategy is to partner with local logistics and distribution companies in target markets, allowing them to more easily reach customers and fulfill orders. Another strategy is to use cross-border e-commerce platforms, such as Alibaba’s Tmall Global, to sell directly to consumers in other countries.

Advertisement

What challenges do Chinese firms face in monetizing AI technologies?

One of the main challenges Chinese firms face in monetizing AI technologies is the lack of clear business models for AI-powered products and services. While AI has the potential to drive significant value for businesses, it can be difficult to monetize without a clear understanding of how to price and sell AI-powered products and services.

Another challenge Chinese firms face in monetizing AI technologies is the high cost of developing and deploying AI systems. AI requires significant investments in data infrastructure, talent, and computing resources, which can be a barrier to entry for many firms.

Which AI technologies are Chinese companies focusing on for competitive advantage?

Chinese companies are focusing on various AI technologies for competitive advantage, including natural language processing, computer vision, and machine learning. These technologies can be used to improve customer service, optimize supply chain management, and enhance product development and marketing.

How is China’s AI governance initiative influencing international AI development?

China’s AI governance initiative is having a significant impact on international AI development. The initiative includes policies and regulations aimed at promoting the responsible development and use of AI, as well as investments in AI research and development. This is helping to position China as a leader in AI development and is driving increased collaboration and competition in the global AI industry.

What advancements in AI chip technology are emerging from China?

China is making significant advancements in AI chip technology, with companies such as Huawei, Alibaba, and Baidu investing heavily in chip development. These chips are designed specifically for AI workloads, offering improved performance and energy efficiency compared to traditional CPUs and GPUs. This is helping to drive innovation in AI applications and is positioning China as a leader in AI chip development.

Advertisement
Continue Reading

EVs

Seres’ Reduced Losses and Launch of M7 and M9 EVs Signal Bright Future for the Company

Published

on

Seres, the Chinese electric vehicle (EV) manufacturer and Huawei’s most important EV partner, has announced that it expects its losses for last year to fall between US$295 million and US$380 million, narrowing from US$535 million in 2022. This is a significant development for the company, which has been struggling to turn a profit in recent years. The carmaker is a collaborator on the Aito brand, which just launched its latest M7 SUV. In this article, we will explore the implications of this announcement and what it means for the future of Seres.

Introduction

Seres has been facing significant losses in recent years, but the announcement that its losses for last year are expected to fall between US$295 million and US$380 million is a positive development. The carmaker is the most important EV partner of Huawei, and the two companies have been collaborating on the Aito brand of vehicles since December 2021. The launch of the latest M7 SUV is expected to be a significant revenue driver for the company.

The Implications of the Announcement

The announcement that Seres expects its losses for last year to fall between US$295 million and US$380 million is a significant development for the company. The carmaker has been struggling to turn a profit in recent years, and this announcement is a positive sign that the company is moving in the right direction. The launch of the latest M7 SUV is expected to be a significant revenue driver for the company, and the carmaker is optimistic that it will be able to turn a profit in the near future.

ALSO READ:   JPEX Unveils Bold Strategy to Attract Users and Pushes Back Against Regulators

The Impact on the EV Industry

The announcement that Seres expects its losses for last year to fall between US$295 million and US$380 million is a positive development for the EV industry. The carmaker is a significant player in the Chinese EV market, and the launch of the latest M7 SUV is expected to be a significant revenue driver for the company. The EV industry is growing rapidly, and the success of companies like Seres is critical to the continued growth of the industry.

The Future of Seres

The future of Seres looks bright, and the company is optimistic that it will be able to turn a profit in the near future. The launch of the latest M7 SUV is expected to be a significant revenue driver for the company, and the carmaker is also collaborating with Huawei on the development of new EV models. The company is committed to innovation and is investing heavily in research and development to stay ahead of the competition.

Advertisement

Conclusion

The announcement that Seres expects its losses for last year to fall between US$295 million and US$380 million is a positive development for the company and the EV industry as a whole. The launch of the latest M7 SUV is expected to be a significant revenue driver for the company, and the carmaker is optimistic that it will be able to turn a profit in the near future. The future of Seres looks bright, and the company is committed to innovation and investing in research and development to stay ahead of the competition.

Continue Reading

Business

China’s Metaverse Working Group: A Step Towards Global Technology Leadership

Published

on

Introduction

China’s Ministry of Industry and Information Technology (MIIT) has established a working group consisting of 60 experts, including those from the private sector as well as government officials and academic researchers. The group is tasked with building, maintaining, and promoting metaverse industry standards. The metaverse is a virtual three-dimensional world accessible to users through the internet. It is a place where people can interact with each other in a virtual environment, and it is expected to be the next big thing in the tech industry.

China’s Bid to Become a Global Technology Leader

China’s move to convene Huawei, Tencent, Baidu, and other tech giants to draft metaverse standards is a clear indication of the country’s ambition to become a global technology leader. The newly formed working group is expected to streamline growth and eliminate redundancy in the industry.

The Role of the Working Group

Advertisement

The working group consists of 60 experts, including representatives from telecoms equipment giant Huawei Technologies, video gaming titans Tencent Holdings and NetEase, web search and artificial intelligence champion Baidu, financial technology firm Ant Group, and computer maker Lenovo Group. Other members include MIIT officials and researchers from Peking University, Fudan University, and other renowned institutions in the country. The group is tasked with building, maintaining, and promoting metaverse industry standards, and it is expected to streamline growth and eliminate redundancy in the industry. The group will also focus on domestic standards and encourage local companies and institutions to deeply engage in international standard-setting activities.

Implications of the Working Group

The establishment of the working group is a significant move by China to shape the future of the metaverse industry. The working group’s efforts to build, maintain, and promote metaverse industry standards will streamline growth and eliminate redundancy in the industry, which will benefit both consumers and businesses. The metaverse is expected to be the next big thing in the tech industry, and China’s move to shape the future of the industry is a significant step towards achieving its goal.

ALSO READ:   10 Benefits of AI for Your Small Business in 2024

In-Depth Analysis

The metaverse is a virtual world that is accessible to users through the internet. It is a place where people can interact with each other in a virtual environment, and it is expected to be the next big thing in the tech industry. The metaverse is a loosely defined term that refers to a virtual world that is accessible to users through the internet. It is a place where people can interact with each other in a virtual environment, and it is expected to be the next big thing in the tech industry.

Advertisement

China’s move to convene Huawei, Tencent, Baidu, and other tech giants to draft metaverse standards is a clear indication of the country’s ambition to become a global technology leader. The newly formed working group is expected to streamline growth and eliminate redundancy in the industry. The metaverse is expected to be the next big thing in the tech industry, and China’s move to shape the future of the industry is a significant step towards achieving its goal.

The working group consists of 60 experts, including representatives from telecoms equipment giant Huawei Technologies, video gaming titans Tencent Holdings and NetEase, web search and artificial intelligence champion Baidu, financial technology firm Ant Group, and computer maker Lenovo Group. Other members include MIIT officials and researchers from Peking University, Fudan University, and other renowned institutions in the country. The group is tasked with building, maintaining, and promoting metaverse industry standards, and it is expected to streamline growth and eliminate redundancy in the industry. The group will also focus on domestic standards and encourage local companies and institutions to deeply engage in international standard-setting activities.

ALSO READ:   Tesla CEO Musk's Concerns on Interest Rates and Mexico Factory

The establishment of the working group is a significant move by China to shape the future of the metaverse industry. The working group’s efforts to build, maintain, and promote metaverse industry standards will streamline growth and eliminate redundancy in the industry, which will benefit both consumers and businesses. The metaverse is expected to be the next big thing in the tech industry, and China’s move to shape the future of the industry is a significant step towards achieving its goal.

Conclusion

China’s move to convene Huawei, Tencent, Baidu, and other tech giants to draft metaverse standards is a clear indication of the country’s ambition to become a global technology leader. The newly formed working group is expected to streamline growth and eliminate redundancy in the industry. The metaverse is expected to be the next big thing in the tech industry, and China’s move to shape the future of the industry is a significant step towards achieving its goal.

Advertisement
Continue Reading
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2022 StartUpsPro,Inc . All Rights Reserved