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China promotes peace and work for economic stability in Afghanistan

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China has been the main supporter of Afghanistan since decades. Even during the invasion of Afghanistan, China had played a key role in promoting peace and initiated several infrastructure projects to uplift the fragile economic situation of the country. Moreover, a new chapter has been opened in relation between Afghanistan and China as well as between Afghanistan and Pakistan after the regime changed. The ties between the three neighbors seemed unprecedentedly boosted after the victory of the Taliban in August 2021 when the foreign troops accepted defeat and made a hasty withdrawal after 20 years of presence.

China as an important neighbor to Afghanistan and a powerful country in the world has often extended helping hands to Afghanistan and exhibited a strong intention to help improve the country’s security and economy.  To reach that goal, China didn’t freeze its diplomatic mission in Kabul after the collapse of the previous government and at the same time did not recognize the Taliban government officially. The point is that China understands the gravity of the situation and it wants to help the Afghan people at the most difficult time caused by the chaotic and irresponsible drawdown of foreign forces.

Beijing has never stopped supporting Afghanistan with a population of an estimated 35 million, who are going through extreme poverty due to the flop policy of the western countries, especially the US on top of that.

Someone needs to ask the US that what was the outcome of 20 years of presence in Afghanistan and where the billions of dollars had been spent? There is no need to touch on the political arena but in economic aspects, the US must come up to the fore with a clear explanation.  Surely, the US has no reasonable clarification and would never be able to put in plain words what has exactly happened in Afghanistan and why the economy is so bad.

It is worth mentioning that Afghanistan is not a poor country as it has three billion dollars underground resources only and other billions of precious capitals.  Afghanistan is also called the “Heart of Asia” and geo-politically it is located in the most strategic quarter.

Nevertheless, Afghanistan still has a strong country on its side and that is China. Afghanistan needs China and Beijing as a neighbor has been making all out efforts to make Afghanistan stand on its own feet.

China will always stand firmly with Afghan people

China Foreign Minister Qin Gang met with Afghan Foreign Minister Amir Khan Muttaqi in Islamabad, Pakistan, where he said that “China and Afghanistan are traditionally friendly neighbors connected by mountains and rivers.”

He said that both the countries have been supporting, understanding and trusting each other. “No matter how international and regional situations evolve, China will always stand firmly with the Afghan people and support Afghanistan in pursuing a development path that suits its national conditions,” he added.

Qin furthered that “China will, as always, respect Afghanistan’s sovereignty, independence and territorial integrity, deepen China-Afghanistan cooperation in various fields, and help Afghanistan realize self-reliance, peace, stability, development and prosperity at an early date.”

Belt and Road Initiative to Afghanistan

The Afghan Foreign Minister Muttaqi during a meeting with his Chinese counterpart said that Afghanistan attaches great importance to developing relations with China and will never allow any force to use the Afghan territory for anti-China activities.

The Taliban also expressed eagerness to be part of the Belt and Road Initiative (BRI) to Afghanistan, potentially drawing in billions of dollars to fund infrastructure projects in the country.

“Afghanistan hopes to strengthen cooperation with China in such fields as economy, trade, cultural and people-to-people exchanges and infrastructure development within the framework of the Belt and Road Initiative to safeguard the common interests of the two sides and benefit the two peoples,” Muttaqi told Qin Gang.

He added that Afghanistan hopes to live in harmony with China, Pakistan and other neighboring countries and is ready to actively promote Afghanistan-China-Pakistan trilateral cooperation to promote regional stability and prosperity.

During the meeting, Qin Gang emphasized that Afghanistan should earnestly fulfill its commitment to fighting terrorism, resolutely crack down on terrorist forces, including the East Turkistan Islamic Movement, and ensure the safety and security of Chinese personnel and institutions in Afghanistan.

“China will continue to advance the China-Afghanistan-Pakistan trilateral dialogue and cooperation based on the principles of equal consultation, practical cooperation and friendship, mutual benefit and win-win results,” he added.

China invests $2b since two years in Afghanistan

China has signed $2 billion contracts on several economic projects since the return of the Taliban to power in August 2021, and these investments are mainly in areas of extraction of mines, services at airports and industrial parks.

A spokesman for the Ministry of Industry and Commerce Abdul Salam Jawad said that there are several Chinese companies that are also active in Afghanistan where 21 of them are only based in Kabul, the capital city. Jawad said that a number of Chinese investors held a meeting with the deputy Minister of Industry and Mines and discussed important aspects on the investment sites.

There is also an expectation that China will include Afghanistan in China-Pakistan Economic Corridor (CPEC) and rename the project to China-Afghanistan-Pakistan Economic Corridor (CAPEC). There is no official confirmation on the news, but apparently China is working to include Afghanistan in all big projects as part of regional connectivity, improve cross-border trading, enhance the economic integration and achieve sustainable development. CPEC is a $60 billion project and China’s foreign minister vowed to work for reconstruction of Afghanistan including its inclusion in BRI which CPEC is part of that.

Three neighbors agree to boost security and economic cooperation

On Saturday, China, Afghanistan and Pakistan agreed to deepen ties and enhance cooperation in counter-terrorism and economic cooperation to boost regional stability.  The foreign ministers of the three sides made the pledge at the 5th China-Afghanistan-Pakistan Foreign Ministers’ Dialogue in Islamabad, where China’s Qin Gang, Afghan’s Muttaqi and Pakistan’s Bilawal Bhutto Zardari seemed happy on the outcome of the meeting as they vowed more cooperation in different fields.

The fifth China-Afghanistan-Pakistan Foreign Ministers’ Dialogue was held in Islamabad, Pakistan.

During the session, Qin said that China has been attaching great importance to the friendship with Afghanistan and Pakistan, and is willing to work with the two sides to implement the “Global Development Initiative, the Global Security Initiative and the Global Civilization Initiative,” share development opportunities, jointly meet security challenges, and promote regional stability and prosperity.

Qin also asked Afghanistan and Pakistan to further strengthen the security measure for Chinese people working in the two countries. He also stressed the importance of anti-terrorism cooperation, saying China firmly opposes any form of terrorism and is ready to step up cooperation in fighting terrorism under regional multilateral frameworks including the coordination and cooperation mechanism among Afghanistan’s neighboring countries.

China also expressed readiness to strengthen development cooperation, share development opportunities and increase cultural and people-to-people exchanges with Afghanistan and Pakistan.

Afghanistan and Pakistan agree on bilateral cooperation

On their parts, Muttaqi and Bilawal agreed that the trilateral cooperation mechanism is of great significance to regional peace and prosperity, and both sided pledged to actively promote the trilateral cooperation, formulate a roadmap for political, security and economic cooperation to safeguard the common interests of the three countries, achieve mutual benefit, and bring benefits to the people of the three countries and other countries in the region.

Afghanistan foreign ministry spokesman Hafiz Zia Ahmad said that Muttaqi and Bilawal held a bilateral meeting in Islamabad, and both sides discussed political-economic, commercial, transit relations and the necessary aspects to provide facilities between the two countries.

He also said that both sides held a detailed discussion on the situation of Afghan refugees in Pakistan, and facilitated easy round trips for traders across the borders.

Relations between Afghanistan and Pakistan have never been easy and both sides accused each other of cross border shelling and terroristic activities. Since the return of the Taliban in 2021, there have been several clashes between the border guards of Afghanistan and Pakistan.

China presses for inclusive government in Afghanistan

China on Saturday pressed for the establishment of the inclusive government in Afghanistan, and called on the Taliban officials to pursue a moderate police force and have friendly relations with all the neighbors.

Speaking to reporters in Islamabad, Qin Gang called on the Taliban leaders to take bold steps in the fight against terrorism and take seriously the security concerns of its neighboring countries.

But the Taliban says they were able to establish an inclusive government and also there is no major threat posed to the neighbors from the soil of Afghanistan.

Taliban deputy spokesman, Bilal Karimi said that no one will be allowed to pose a threat to other countries from Afghanistan. He also said that the infrastructure of the government under the Taliban leadership is inclusive.

ASIA

China delays approval for BYD’s Mexico factory amid US concerns

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The Beijing administration is delaying approval for the electric vehicle manufacturer BYD to establish a factory in Mexico, over concerns that the smart car technology developed by China’s largest electric vehicle producer could leak across the border into the US.

BYD initially announced plans in 2023 to build a car factory in Mexico, with intentions to also produce vehicles in Brazil, Hungary, and Indonesia. The Mexico factory was projected to employ 10,000 people and produce 150,000 vehicles annually.

However, according to two individuals familiar with the matter, local car manufacturers require approval from China’s Ministry of Commerce to produce overseas, and the ministry has not yet granted this approval.

Officials fear that Mexico would grant unrestricted access to BYD’s advanced technology and know-how, potentially even allowing the US to access it. One of these individuals told the Financial Times, “The biggest concern for the Ministry of Commerce is Mexico’s proximity to the US.”

According to these individuals who spoke to the Financial Times, Beijing is also prioritizing projects in countries that are part of China’s Belt and Road Initiative infrastructure development program.

Changing geopolitical dynamics have also contributed to the cooling of relations with Mexico. Mexico attempted to maintain relations with Donald Trump, who threatened exports and employment by imposing customs duties on cross-border trade.

Trump also initiated a trade war with Beijing, imposing customs duties on imports from China. In retaliation, Beijing imposed customs duties on approximately $22 billion of US goods, primarily targeting America’s agricultural sector.

Trump’s team accused Mexico of being a “back door” for Chinese goods to enter the US duty-free through the North American Free Trade Agreement. The Mexican government denies this, but responded to US pressure by imposing customs duties on Chinese textile products and initiating anti-dumping investigations into steel and aluminum products originating from China.

The second individual stated, “The new government in Mexico has further complicated the situation for BYD by adopting a hostile stance towards Chinese companies.”

In November, shortly after Trump’s re-election, Mexican President Claudia Sheinbaum stated that there had still been no “definite” investment offer from any Chinese company to establish operations in Mexico, despite BYD reaffirming its intention to invest $1 billion earlier that month.

Gregor Sebastian, a senior analyst at the US-based consulting firm Rhodium Group, noted, “The Mexican government clearly wants to receive some investment [from China], but its trade relations with the US are much more important.”

Sebastian stated that it would not be “commercially logical” for BYD to currently expedite the construction of a production facility in Mexico, noting that the absence of a robust automotive supply chain would force BYD to import numerous components from China, which would be subject to higher customs duties.

When asked whether US customs tariffs and Mexico’s tougher stance against China had halted the company’s plans, BYD Vice President Stella Li stated that “they had not yet made a decision regarding the Mexico plant.”

Last year in February, Li had said that they would choose a location for the factory by the end of 2024.

BYD reported selling over 40,000 vehicles in Mexico last year. The company stated that it aims to double its sales volume in 2025 and open 30 new dealerships in the country.

BYD sold 4.3 million electric and hybrid vehicles worldwide in 2024 and introduced the “God’s Eye” advanced driving system in February, planning to install this system in its entire model range.

Earlier this month, Tesla’s biggest competitor raised $5.6 billion from the sale of shares in Hong Kong, with the proceeds expected to support its overseas expansion.

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BYD shares soar on promise of ‘5-minute EV charge’

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Shares of BYD, China’s electric vehicle (EV) champion, hit a new record high on Tuesday after its founder, Wang Chuanfu, claimed their EVs can now charge as quickly as filling a car with traditional fuel.

BYD, a rival to Tesla, saw its shares rise by over 6% in early trading in Hong Kong, reaching HK$408.80 (approximately $52.62) per share, marking an approximate gain of 85% over the last 12 months.

The company’s billionaire founder, Wang, stated on Monday that the new charging system developed by the Shenzhen group for BYD’s own EV batteries can add approximately 470 km of range in five minutes.

This claim suggests that BYD has surpassed competitors like Tesla and Mercedes-Benz in fast-charging technology, although the new system depends on several preconditions, including sufficient voltage at charging stations.

There is increasing competition among EV and battery manufacturers to establish faster charging infrastructure to help alleviate consumer concerns about the driving range and charging speed of EVs compared to traditional internal combustion engine vehicles.

According to Chris Liu, a Shanghai-based senior analyst at Omdia consulting, China is estimated to install approximately 460,000 new public EV chargers this year, accounting for about two-thirds of the global total, bringing cumulative units to approximately 2.1 million.

BYD’s recent share price increase comes a month after the company shook the global automotive industry by launching a free advanced autonomous driving system, dubbed “God’s Eye,” which it plans to install in its entire new car series.

These moves put further pressure on Elon Musk’s Tesla and Germany’s Volkswagen, as well as a host of domestic competitors, who have been losing market share as EV sales have exploded in China in recent years.

According to data from Automobility, a consulting firm in Shanghai, BYD already holds approximately 35% of the Chinese EV market. It has an 18% share in the pure battery EV segment and a 56% share in the plug-in hybrid segment.

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ASIA

China’s AsiaInfo expands with DeepSeek-powered AI

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China’s largest telecom software infrastructure provider says that working with artificial intelligence (AI) startup DeepSeek is helping the company develop its own AI capabilities, which it will use to expand in Southeast Asia, Africa, and the Middle East.

AsiaInfo Technologies CTO Ouyang Ye said in an exclusive interview with Nikkei Asia that the company’s collaboration with DeepSeek began well before it rose to global prominence earlier this year with a low-cost approach to developing AI models.

Ouyang said that AsiaInfo also works closely with other top-tier Chinese large language models (LLMs) such as Alibaba Cloud’s Tongyi Qianwen and ByteDance’s Doubao, but that the rise of the open-source DeepSeek model is what facilitates and accelerates the deployment of the company’s various AI solutions.

“Our telecom infrastructure software solutions for China Mobile, China Telecom, and China Unicom fully support DeepSeek’s model,” said Ouyang, referring to the country’s three major telecom providers. He said that his company was the first in the industry to embed and fully support DeepSeek.

According to research by AsiaInfo and Tsinghua University, DeepSeek’s model performs well in specialized technical areas such as monitoring network failures and optimizing wireless communication performance.

The CTO said that, for example, China Unicom’s Guangdong subsidiary used AsiaInfo’s DeepSeek-enhanced solutions in February to optimize service efficiency. This initiative reduced training costs by 75%, enhanced AI assistant capabilities, accelerated response times by 200%, and increased the efficiency of human-machine collaboration by 40%.

Hong Kong-based AsiaInfo, a leading telecom software infrastructure solutions provider, competes with US-based Amdocs, India’s Infosys, and Poland’s Comarch. Some network equipment makers like Huawei, HPE, Cisco, and Nokia also provide some software services.

In addition to infrastructure software, AsiaInfo also provides business and operations support systems, such as network monitoring software and customer and billing management, including processing telecom billing information for China’s 1.4 billion population.

AsiaInfo is also the largest software provider for China’s 5G private networks, serving the country’s leading energy providers and steelmakers, such as China Nuclear Group and Shougang Group, as well as miners and wind farm operators. Private networks are set up by businesses or organizations to provide on-site connectivity to facilitate services like factory automation.

Ouyang is optimistic that AsiaInfo can leverage AI to boost its overseas expansion, and that 5G private networks are expected to be a significant growth driver in the Middle East, Africa, and Southeast Asia. The majority of AsiaInfo’s business is in China, and going overseas is one of the company’s core strategies for growth.

“This year, the growth potential in the overseas market is quite large, especially in the fields of mines, ports, and energy, where we have more specific domain expertise,” the senior executive said.

AsiaInfo Chairman and CEO Edward Tian previously stated that the traditional telecom market and spending have slowed in 2024, but the adoption of AI and LLMs has become a key growth driver for the company as customers begin to adopt these technologies in their services.

AsiaInfo says its software can run on servers and other hardware from different companies, including Nvidia, Huawei, and Hygon.

While leading Chinese tech companies and government agencies are adopting DeepSeek, some governments, such as Italy, Australia, Canada, and South Korea, are banning its use on official devices.

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