China Denies Seeking Additional Guarantees For USD 6 Billion Loan For Rail Project In Pakistan

[Jazzbot]

This just proves one thing, how strong is indian propaganda machinery and what are we up against. We need to up our game to counter indian propaganda war.

 

[Maarkhoor]

It becomes a daily annoyance that Indians are spreading lies and fake news about China all over the internet everyday.

Some news channel in Pakistan and foreign are on payroll of R&AW so please ignore it for the good.

 

[beijingwalker]

For Pakistan it is deja vu. During the cold war India played both the USA and USSR while Pakistani leaders were hooked on American aid. Most of the mega projects makes no economic sense. It is just a way of entrapping Pakistan into dependence on China. India will try to play both USA and China. For example you have to generate to enough extra profit to pay the $6.8 billion on a railroad. Given the education level of the pakistani workforce it is not happening

The difference is what China does is to help Pakistan with infrastructure and overall improvement of trade and economy, what US did was to give weapons and other military supplies to encourge more killings and chaos in and around Pakistan.

 

[Beast]

For Pakistan it is deja vu. During the cold war India played both the USA and USSR while Pakistani leaders were hooked on American aid. Most of the mega projects makes no economic sense. It is just a way of entrapping Pakistan into dependence on China. India will try to play both USA and China. For example you have to generate to enough extra profit to pay the $6.8 billion on a railroad. Given the education level of the pakistani workforce it is not happening

Another snake speaks. You think any sane Pakistanis will listen to your words?

 

[muhammad504]

There is no permanent friend or foe , if Pakistan can not learn from US and Saudi's back stabbing, they will never learn from China. This was expected to happen, sooner or later. This is how world works. No one give free money. Never trust Chinese investment. It is good for temporary cause but blind trust is very dangerous.

 

[beijingwalker]

There is no permanent friend or foe , if Pakistan can not learn from US and Saudi's back stabbing, they will never learn from China. This was expected to happen, sooner or later. This is how world works. No one give free money. Never trust Chinese investment. It is good for temporary cause but blind trust is very dangerous.

Investments are mostly for making money for the investors, this is true everywhere in the world, but the success of the investments doesn't only lie with the investors, foreign investors poured in China since 1980's with the sole goal of taking advantage and making money off China, but in 20 years time we managed to beat them in their own game.

 

[Globenim]

As far as I recall the Indian propaganda mouthpiece EurAsianTimes was the first to spread it.

Indian media lies
American media echoes the lies
American social media endorses the spread of their lies
Nothing new

 

[Beast]

There is no permanent friend or foe , if Pakistan can not learn from US and Saudi's back stabbing, they will never learn from China. This was expected to happen, sooner or later. This is how world works. No one give free money. Never trust Chinese investment. It is good for temporary cause but blind trust is very dangerous.

Another rat speaks. You american and Indian are same kind. Dont drag China into. We Chinese r not so low as those 2 creatures.

 

[nahtanbob]

The difference is what China does is to help Pakistan with infrastructure and overall improvement of trade and economy, what US did was to give weapons and other military supplies to encourge more killings and chaos in and around Pakistan.

most of pakistani exports goes to USA, Europe and Japan. China imports nothing from Pakistan

Tell us any country that does not default on loans for infrastructure projects

Another snake speaks. You think any sane Pakistanis will listen to your words?

Numbers do not lie

 

[Beast]

Numbers do not lie

What numbers? The number fabricated by American and Indian rats? After caught with pants down, you these shameless liar still insist on your fake news. Incorrigible criminals. You all shall be burn in hell.

 

[nahtanbob]

What numbers? The number fabricated by American and Indian rats? After caught with pants down, you these shameless liar still insist on your fake news. Incorrigible criminals. You all shall be burn in hell.

This is balance sheet of the Pakistani Railways
Pakistan Railways

Pakistan Railways headquarters, Lahore
Revenue	₨54.59 billion (US$330 million) (2018–19)
Net income	₨-45 billion (US$−270 million) (2018–19)
Owner	Government of Pakistan (1947-Present)
Number of employees	72,078 (2016-17)

Pakistanis can work out the math on repaying the $6.8 billion loan

 

[Beast]

This is balance sheet of the Pakistani Railways
Pakistan Railways

Pakistan Railways headquarters, Lahore
Revenue	₨54.59 billion (US$330 million) (2018–19)
Net income	₨-45 billion (US$−270 million) (2018–19)
Owner	Government of Pakistan (1947-Present)
Number of employees	72,078 (2016-17)

Pakistanis can work out the math on repaying the $6.8 billion loan



This is balance sheet of the Pakistani Railways
Pakistan Railways

Pakistan Railways headquarters, Lahore
Revenue	₨54.59 billion (US$330 million) (2018–19)
Net income	₨-45 billion (US$−270 million) (2018–19)
Owner	Government of Pakistan (1947-Present)
Number of employees	72,078 (2016-17)

Pakistanis can work out the math on repaying the $6.8 billion loan

LOL.. Another manipulating moves, just pull out a few numbers and claim of its genius maths? Has China ever press for repayment, tell me? Or u want to claim China will then ask for guarantee?

 

[nahtanbob]

LOL.. Another manipulating moves, just pull out a few numbers and claim of its genius maths? Has China ever press for repayment, tell me? Or u want to claim China will then ask for guarantee?

How China Got Sri Lanka to Cough Up a Port (Published 2018)

A Times investigation into Sri Lanka’s handover of its Hambantota Port starkly illustrates how China turned an ally’s struggles to its strategic advantage.

www.nytimes.com

 

[RIP Pak LAW]

so Express tribune and dawn spreading misinformation yet again

 

[Lincoln]

China Denies Seeking Additional Guarantees For USD 6 Billion Loan For Rail Project In Pakistan
Last updated Dec 28, 2020

Beijing: China on Monday termed as baseless the reports that it has sought additional guarantees from Pakistan for sanctioning a whopping USD 6-billion loan for a railway line project and backing away from its initial financial commitments to the multi-billion dollars China-Pakistan Economic Corridor due to weakening financial position of its all-weather ally.

Chinese Foreign Ministry spokesman Zhao Lijian also rejected reports that China was backing away from its initial financial promises to Pakistan under the USD 60 billion CPEC amid rising corruption and militants' attacks.

These reports are baseless, Zhao told a media briefing here.

“I would also like to stress that against the global economic recession, China's input in the Belt and Road Initiative (BRI) including the CPEC has not reduced but rather increased against the odds,” he said.

“Over the first three quarters, China's direct financial investment in BRI countries increased by around 30 per cent, offering China's support to many BRI partner countries in their effort to fight the epidemic and recover their economy,” Zhao said.

The CPEC, which connects Gwadar Port in Pakistan's Balochistan with China's Xinjiang province, is the flagship project of China's ambitious multi-billion-dollar BRI. India has expressed concern over the project as a portion of the CPEC runs through Kashmir.

Latest Breaking News and Headlines - Pedfire

Pedfire brings you the latest breaking news, in-depth reports, and headlines from around the world. Stay updated with our comprehensive and timely news coverage

pedfire.com

Good catch.