zhouyueyue: Sale of China's first U.S. dollar-denominated

Sale of China's first U.S. dollar-denominated

10 Sep 2018 at 23:31
A ship (top) of the Chinese Coast Guard is seen near a ship of the Vietnam Marine Guard in the South China Sea

NEW DELHIHONG KONG - India will set up a satellite tracking and imaging centre in southern Vietnam that will give Hanoi access to pictures from Indian earth observation satellites that cover the region [url=www.yeezyv2norge.com/adidas-yeezy-boost-350-rod-svart-nettbutikk.html]Adidas Yeezy Boost 350 Rød Svart Nettbutikk[/url] , including China and the South China Sea, Indian officials said.


 


The move, which could irritate Beijing, deepens ties between India and Vietnam.


 


While billed as a civilian facility - earth observation satellites have agricultural, scientific and environmental applications - security experts said improved imaging technology meant the pictures could also be used for military purposes.


 


Hanoi especially has been looking for advanced intelligence, surveillance and reconnaissance technologies as tensions rise with China over the disputed South China Sea [url=www.yeezyv2norge.com/adidas-yeezy-boost-350-hvit-norge-dame-yeezy-sko.html]Adidas Yeezy Boost 350 Hvit Norge Dame Yeezy Sko[/url] , they said.


 


"In military terms, this move could be quite significant," said Collin Koh, a marine security expert at Singapore's S. Rajaratnam School of International Studies. "It looks like a win-win for both sides, filling significant holes for the Vietnamese and expanding the range for the Indians."


 


The state-run Indian Space Research Organisation (ISRO) will fund and set up the satellite tracking and data reception centre in Ho Chi Minh City to monitor Indian satellite launches, the Indian officials said. Indian media put the cost at around $23 million.


 


India [url=www.yeezyv2norge.com/herre-adidas-yeezy-boost-350-svart-gra-salg.html]Herre Adidas Yeezy Boost 350 Svart Grå Salg[/url] , whose 54-year-old space programme is accelerating, with one satellite launch scheduled every month, has ground stations in the Andaman and Nicobar islands, Brunei, Biak in eastern Indonesia and Mauritius that track its satellites in the initial stages of flight.


 


The Vietnam facility will bolster those capabilities, said Deviprasad Karnik [url=www.yeezyv2norge.com/til-salgs-adidas-yeezy-boost-350-svart-sko-pirate-black.html]Til Salgs Adidas Yeezy Boost 350 Svart Sko Pirate Black[/url] , an ISRO spokesman.


 


QUID PRO QUO


 


But unlike the other overseas stations, the facility will also be equipped to receive images from India's earth observation satellites that Vietnam can use in return for granting India the tracking site, said an Indian government official connected with the space programme.


 


"This is a sort of quid pro quo which will enable Vietnam to receive IRS (Indian remote sensing) pictures directly, that is, without asking India," said the official [url=www.yeezyv2norge.com/billig-yeezy-350-boost-v2-hvit-herre-adidas-cream-white.html]Billig Yeezy 350 Boost V2 Hvit Herre Adidas Cream White[/url] , who declined to be identified because he was not authorised to speak to the media.


 


"Obviously it will include parts of China of interest to Vietnam."


 


Chinese coastal naval bases, the operations of its coastguard and navy and its new man-made islands in the South China Sea would be targets of Vietnamese interest, security experts said.


 


Another Indian official said New Delhi would also have access to the imagery.


 


India has 11 earth observation satellites in orbit, offering pictures with differing resolutions and areas, the ISRO said.


 


Indian officials had no timeframe for when the centre would be operational.


 


"This is at the beginning stages, we are still in dialogue with Vietnamese authorities [url=www.yeezyv2norge.com/adidas-yeezy-boost-350-v2-svart-rosa-nettbutikk.html]Adidas Yeezy Boost 350 V2 Svart Rosa Nettbutikk[/url] ," said Karnik.


 


Vietnam's Foreign Ministry confirmed the project, but provided few other details.The Chinese Foreign Ministry had no immediate comment.


 


Vietnam launched its first earth observation satellite in 2013, but Koh said it was not thought to produce particularly high resolution images.


 


BLURRED LINES


 


Security experts said Vietnam would likely seek real-time access to images from the Indian satellites as well as training in imagery analysis, a specialised intelligence field.


 


"The advance of technology means the lines are blurring between civilian and military satellites," said Trevor Hollingsbee, a retired naval intelligence analyst with Britain's Defence Ministry. "In some cases [url=www.yeezyv2norge.com/kjop-adidas-yeezy-boost-350-v2-gra-oransje.html]Kjøp Adidas Yeezy Boost 350 V2 Grå Oransje[/url] , the imagery from a modern civilian satellite is good enough for military use."


 


Sophisticated military reconnaissance satellites can be used to capture military signals and communications, as well as detailed photographs of objects on land, capturing detail to less than a metre, Koh and other experts said.


 


The tracking station will be the first such foreign facility in Vietnam and follows other agreements between Hanoi and New Delhi that have cemented security ties.


 


India has extended a $100 million credit line for Hanoi to buy patrol boats and is training Vietnamese submariners in India while Hanoi has granted oil exploration blocks to India in waters off Vietnam that are disputed with China.


 


Under Prime Minister Narendra Modi, India has shown a greater willingness to step up security ties with countries such as Vietnam, overriding concerns this would upset China [url=www.yeezyv2norge.com/adidas-yeezy-boost-350-v2-gra-hvit-salg.html]Adidas Yeezy Boost 350 V2 Grå Hvit Salg[/url] , military officials said.


 


"You want to engage Vietnam in every sphere. The reason is obvious - China," said retired Indian Air Force group captain Ajay Lele at the New Delhi-based Institute for Defence Studies and Analyses.


 


Australian-based scholar Carl Thayer, who has studied Vietnam's military since the late 1960s, said the satellite tracking facility showed both nations wanted to enhance security ties.


 


HONG KONG, Oct. 27 (Xinhua) -- Sale of China's first U.S. dollar-denominated debt in 13 years indicates China will further open up its finance sector, said Chinese Vice Finance Minister Shi Yaobin here on Friday.


 


Demand for the sovereign notes climbed to 11 times of the offering size on Thursday. The strong demand allowed pricing of the 2 billion U.S. dollars in bonds to go under initial guidance [url=www.yeezyv2norge.com/adidas-yeezy-boost-350-v2-svart-hvit-billig.html]Adidas Yeezy Boost 350 V2 Svart Hvit Billig[/url] , meaning China could raise funds at lower cost.


 


But external financing is not the purpose as the offering was small, Shi said.


 


Choosing Hong Kong as the venue to float the bonds indicates the central government's solid support for Hong Kong in bolstering its role as international financial center, he noted.


 


It can also create interest-rate benchmarks for the mainland's enterprises to raise funds in global bond markets, according to Shi.


 


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