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I Pal, I really admire your consistency of looking at everything in China negatively.:woot: Most of people would support the policy of banning fireworks in metropolitan given the density of the population. I would support a public firework display instead.:yahoo:

Totally agreed with your analysis regarding the social transformation in China. One thing I think would be very beneficial for Pakistan’s industrialization is setting up a study-work program that send a large number of young students to China. There was a Chinese Diligent Work Frugal Study...

Congratulations for the event! :yahoo:

You can still find plenty of them in TV series and opera house. Like this one: We have moved to something that is considered to be more appropriate in modern society. :-)

Just a kind reminder my friend : official GDP growth rate is usually calculated off constant price local currency (LCU). Indian official GDP growth rate in 2016 was (121 T/113 T) -1 = 7.1%. Cheers:-)

Being a hotpot lover myself, this new line will make the trip to the land of hotpot so much easier and enjoyable. :p:

I think we need to agree what exactly by saying "country A is x years behind country B" means. To me, and hopefully most would agree, it implies A will reach parity with B by some measures. If this is what we are looking at here, it doesn't take a economist to figure out Vietnam will not...

Cannot agree more. It doesn't add any value to the nation by adjusting to the new methodology, except for taking on more "responsibilities" like UN fees. Staying with the current method also means the numbers are calculated consistently over time. it is a not fun job to re calculate for the...

I absolutely agree with you that Turkey has all the right elements to help Pakistan and develop Gwader into a great port city. There is no shortage of goodwill and technical skill. However I wonder, with respect, where is the money from Turkey? As far as I can see, CPEC is open to all of keen...

This is a good point. I have seen a few photos of Gwadar that the head section is mainly rocky cliff. It should not be a big obstacle. I'd imagine we can reclaim some land to create more space. Please noted that China has just built a lovely new land reclaiming ship called Tiankun, which will be...

Wait a minute, where are Ethiopia 8.5%, Nepal 7.5%, Myanmar 7.2%, Bangladesh 7.2%, Djibouti 7%, Cambodia 6.9%?

Totally agree, it is far from given and natural, rather it is a projection based on what is known and some educated guess. It remains so until it materializes. It will take multiple decades of hard work in order to materialize it, I think we Chinese are fully conscious about that. Even to lift...

Everything great had a humble beginning, Pal. it takes time for us to see... :-)

The interesting parts are that the bonds are not rated and they are traded only slightly above US Treasury bond on the same term. This is a moment of truth for many China bears.:undecided:

HONG KONG, Oct 26 (Reuters) - International investors piled into a rare global bond offering from China, with orders more than 10 times the $2 billion on offer, allowing Beijing to price it at much lower spreads than initially indicated. The sovereign debt sale is expected to serve as a pricing...

I think you have raised a very valid point in that US is adding more GDP per capita absolute term than China measured in constant US dollar at the moment. For example, US added $472.8 between 2015 and 2016 and China added $397.8 for the same period. However, growing by $397 vs $472 is a massive...

If there are eventually 500,000 Chinese professionals in gwader, it would mean there are probably a few million Pakistan citizens working and living in the city. A flourish port city with full of work opportunities will certainly attract young and ambitious from other parts of the country, if...

What a beautiful event! I am a big fan of classical cars!:yahoo:

“With the help of Chinese investment and machinery, we can increase our gemstone and jewellery exports to $5 billion in just 3 years,” said APJMJA Chairman Matiullah Sheikh. “Pakistan has the finest craftsmanship and China has technology. Together, we can promote exports of the industry,” It...

Thank you for sharing this beautiful article, which describes ideal society that the Confucianism is promoting. The thought continues inspiring China even after 2000 years. For the benefit of all the friends who do not know classical Chinese text well (a few sentences can be difficult to make...