CPEC has ZERO economic viability, its a massive cost. Is the purpose something else?

[sandeep]

7 minutes ago, zen said:

Because the uncles want to divert the loaned money to them. Chinese (and Saudi companies?) will get rich and Pak politicians / military will get their cut, while Pak will be subjected to more debt burden .... May be the Chinese and Saudi banks are not too sure on the prospects of getting the money back from Pak (which is diverted back to China and Saudi)

ding.

 

PakMilitary Mafia doesn't give jackshit that their awaam are constantly getting molested by all these unkils.  Over and over again.  I remember reading last year that each "Corp Commander" in Pakistan is a dollar multi-millionaire.  While the avg soldier is pyis poor.  

 

The Zamindaar culture never got cleaned up in the West Punjab.  They just put on uniforms.  

[zen]

46 minutes ago, sandeep said:

ding.

 

PakMilitary Mafia doesn't give jackshit that their awaam are constantly getting molested by all these unkils.  Over and over again.  I remember reading last year that each "Corp Commander" in Pakistan is a dollar multi-millionaire.  While the avg soldier is pyis poor.  

 

The Zamindaar culture never got cleaned up in the West Punjab.  They just put on uniforms.  

China is developing a route through Burma as well iirc. The money is made through construction projects. Pak would be expected to pay for the construction expenses through loans, and pay back the loans through the economic activity generated through the projects .... ROI, if any, is likely to be low which could put Chinese/Saudi banks at risk, therefore the role of IMF 

 

At the end of the day, CPEC, iirc, = some long roads, ports, old tech power plants (China making money out of scrap tech probably), etc  .... And because the region is termed volatile, it is probably like spending money to build a nice hotel on an active volcano   

 

 

Edited October 10, 2018 by zen

[sandeep]

3 hours ago, zen said:

And because the region is termed volatile, it is probably like spending money to build a nice hotel on an active volcano

And due to the "risk" factor China charges these corrupt 'governments' running these countries extremely high interest rates - comparable to what any commercial bank would charge.  Normally country-to-country loans are at super-low interest rates, especially those where investment is funneled, and like Chinese projects, the contracts are going to companies from the lender country.  But with China, its super high interest rates, plus all the contracts go to Chinese vendors, who mass import their own people for even low-end jobs.  its basically economic strip-mining, and the only locals who really benefit are the ones that get bribes to pass the 'approvals'.  All the while the Chinese Communist party sings and dances about 'non interference in domestic affairs'.

[zen]

24 minutes ago, sandeep said:

And due to the "risk" factor China charges these corrupt 'governments' running these countries extremely high interest rates - comparable to what any commercial bank would charge.  Normally country-to-country loans are at super-low interest rates, especially those where investment is funneled, and like Chinese projects, the contracts are going to companies from the lender country.  But with China, its super high interest rates, plus all the contracts go to Chinese vendors, who mass import their own people for even low-end jobs.  its basically economic strip-mining, and the only locals who really benefit are the ones that get bribes to pass the 'approvals'.  All the while the Chinese Communist party sings and dances about 'non interference in domestic affairs'.

Once the corridor becomes functional, and with mainly Saudi and China as key customers (transfer of oil from ME and goods from China), these guys will further dictate economic terms making it difficult for Pak companies to earn decent profits in the mid to long term 

 

To get out of this, Pak would then have to look for a new scheme to fraud the world but now most countries have learned their lessons and it would be seen as another cry of “lion is here, lion is here”  .... Leaving Pak with no option but to be at the mercy of China, which likes to grab territories 

 

If and when that happens, I hope that we have a strong govt at the center, one that does not try to act like a big brother / good neighbor 

Edited October 11, 2018 by zen

[sandeep]

4 minutes ago, zen said:

Once the corridor becomes functional, and with mainly Saudi and China as key customers (transfer of oil from ME and goods from China), these guys will further dictate economic terms making it difficult for Pak companies to earn decent profits in the mid to long term 

 

To get out of this, Pak would then have to look for a new scheme to fraud the world but now most countries have learned their lessons and it would be seen as another cry of “lion is here, lion is here”  .... Leaving Pak with no option but to be at the mercy of China, which likes to grab territories 

 

If and when that happens, I hope that we have a strong govt at the center, one that does not try to act like a big brother / good neighbor 

The fun is really going to start once "phase 2" of CPEC kicks in.  The Chinese have already laid detailed plans to shift maximum amount of value-add business over to their end of the Karaokorum highway.  You know how every world cup, some greenbros proudly post pictures of the FIFA soccer ball since some of them are made there?  All such businesses are destined to shift to China in the near-term.  Just look at what happened to Pakistan's Granite industry over the last few years.  

 

And then once the die is firmly cast, the other shoe will finally drop.  Allowing Chinese businesses to heavily invest in and dominate agriculture in Pakistan.  That's right - the Pakistan "government" has sold off the rights of its farmers, forcing them to compete against the Chinese versions of Kelloggs, Monsanto etc in the coming years.  Their only way out will be actual agricultural serfdom to their Chinese overlords.  

[mishra]

12 hours ago, Number said:

Not related to CPEC but it seems that Pakistan's debut debt problem has hit the fan.

 

 

 

It is related to CPEC. Introduction of CPEC brought down the Bond yeild of pakistan. Currently it is consistently climbing to a rate which is near to just pre-CPEC era.

CPEC was result of near bankruptcy. Now CPEC loan repayment is again resulting in bankruptcy. It will be real fun how various nations decides to deal with nuclear armed nation

https://tradingeconomics.com/pakistan/government-bond-yield

[gattaca]

So CPEC is finally dead reading reports in padosi papers. Imran Khan doesn’t want to placate US with CPEC. China got part of PAK. They will have to pay interest for rest of their lives. China will farm in Pakistan and grow to feed its ever increasing increasing population. Pakistan got a port with no traffic and mountain load of loans.

[Muloghonto]

6 hours ago, gattaca said:

So CPEC is finally dead reading reports in padosi papers. Imran Khan doesn’t want to placate US with CPEC. China got part of PAK. They will have to pay interest for rest of their lives. China will farm in Pakistan and grow to feed its ever increasing increasing population. Pakistan got a port with no traffic and mountain load of loans.

It was always a nonsense deal to begin with. Karakoram Highway at max estimated traffic even with 4 lane highway and pipeline would fill equivalent of 25% of Gwadars capacity and Pak internal exports would make up another 20% . So 55% of Gwadars capacity is unusable. Real smart from parosis 

[sandeep]

34 minutes ago, Muloghonto said:

It was always a nonsense deal to begin with. Karakoram Highway at max estimated traffic even with 4 lane highway and pipeline would fill equivalent of 25% of Gwadars capacity and Pak internal exports would make up another 20% . So 55% of Gwadars capacity is unusable. Real smart from parosis 

Gwadar was always more about military use rather than commercial.   China gets another pearl in addition to Djibouti near the persian gulf.  Pakistan got a viable alternative to the Karachi choke that the Indian navy can apply at a moment's notice in times of conflict.  Rest all was noise and corruption.  They don't even have enough water in the area to support the needs of a population of a few thousand, forget any kind of proper city.  

[mishra]

I still can’t understand how Pakistan agreed to it.

China in 2013 estimated that cost of CPEC will be around 30-40 billion. So in past 6 years, they lent $30+ billions at generous interest rate to Pakistan, to contract Chinese companies and pay them same $30+ billion.

 

in event of missed reapayment, asset goes to Chinese. In either case, they give it all to China. What a buffoon, or desperate, or corrupt or all of 3, the Pakistani establishment is made off, they were charging billions to Americans for use of their land to acess Afghanistan 

[Vilander]

On 11/2/2017 at 8:36 AM, Malcolm Merlyn said:

On 11/2/2017 at 8:20 AM, mishra said:

^ Below is a list

Calcutta Riots	15 August – 17 September 1946	West Bengal, British Raj	7,000 to 10,000 Hindus and Muslims.	Hindus and Muslims clashed during a protest by All India Muslim League termed as Direct Action Day.	[44]
Noakhali riots	September–October 1946	East Bengal, British Raj	5,000 Hindus	By Muslims in reaction to Calcutta killings. Muslim community attacked Hindu community for wealth and forced conversion to Islam. Around 50,000 to 75,000 survivors were sheltered in temporary relief camps	[45][46][47]
Bihar Massacre	30 October – 7 November 1946	Bihar, British Raj	2,000-30,000 Muslims	By Hindus in reaction to Noakhali riots	[48]
Garhmukteshwar Anti-Muslim Violence	November 1946	United Provinces, British Raj	at least 214 Muslims	partition of the country into India and Pakistan loomed.	[49]
Partition of India	1947	Punjab, Delhi and Sindh, British Raj, Dominion of India and Dominion of Pakistan	~ 200,000 - 2,000,000 people	Massacre of Sikhs and Hindus by Muslims in West Punjab and of Muslims by Sikhs and Hindus in East Punjab. The communal violence resulted in the murder of 20,000-25,000 Muslims in Delhi by Hindus. UNHCR estimates 14 million were displaced by the violence.

 
 
I think above page has been written by Some Muslim guy but a count of 200,000-2,000,000 vs say over all 15,000-20,000 in Bengali side completely mismatches the population density.
Now post partition till 1971 independence, It was Pakistani army which was systematically and as a job killing the Bengalis Hindus and that stopped only after independence of Bangladesh. Even now, their army and ISI is following a state policy of  eradicating all non Muslims from their area or areas of their influence(Kashmir, Balochistan, Afghanistan)
 
 
And thats my point. The Pakistan elites are still lselling same stuff called a Nation based on so called purity in religion. And hence, If may I say, Sooner or later, Balochistan will definitely part its way.

In sheer numbers Hindus are the most persecuted community in the world.Its our sheer tenacity that we still measure a billion plus.

also lack of birth control.