China offers Bangladesh soft loans of $15-20b

[SHAMK9]

You said it about Pakistan. In Pakistan, they run, electricity, gas, roads and other business infrastructure, defence almost 80%, internet through the 3g and 4g service provider. They will run Pakistan in the next ten years while Pakistanis will roar at Modi.

dafuq outta here, no they dont

 

[Cyberian]

Ofcourse not...they need mercenaries to fight their wars...they will obviously look for a country that fails to see its own interests and give into religious hype...if they needed 'assistance' they have bigger powers in their power to talk to!

There's only one Islamic Nuclear Power that also happens to have the largest Army and the largest Air Force in the Muslim World.

Ask the Soviets what this power can do.

 

[maxpayne]

Hmm..interesting!!5% interest rate means 75% in 15 years!!!

max of the revenues will go to repay the interest!!

Isnt the interest paid on the capital at that corresponding year? Bcz capital amount keeps on decreasing each year...

 

[Anubis]

There's only one Islamic Nuclear Power that also happens to have the largest Army and the largest Air Force in the Muslim World.

Ask the Soviets what this power can do.

Pakistan defeated the Soviet Union?? You are not far away from ancient vedic inter-galactic spaceships my friend....Your Nuclear power,army or air force had nothing to do with the defeat of USSR in Afg(USSR beats you hands down in all those fields)....ask the Soviets what the Afghans can do....it is not called the Graveyard of Empires for no reason....or did the muslim nuclear power help them **** up ALexander the great...Genghis Khan....The Brits too???

 

[K.P.K]

Pura dal kaala hai.

They bribed billions to rajapasaka to shut his eyes to China in Sri Lanka.

They publicly beat up Maldives ex president in front of court, in front of media cameras, broke his arm because he wasn't letting China build a nuclear submarine base in Maldives.

You said it about Pakistan. In Pakistan, they run, electricity, gas, roads and other business infrastructure, defence almost 80%, internet through the 3g and 4g service provider. They will run Pakistan in the next ten years while Pakistanis will roar at Modi.

Same they will do for bangladesh. You'll see that as well.

You feel left out?.

 

[Cat Shannon]

dafuq outta here, no they dont

You feel left out?.

What bull crap, There are around 5-6 cell phone providers, only one Zong mobile (4G internet) is owned by China Mobile, the rest are different companies, Mobilink, Warid, Telenor, etc, all other companies other than zong provide 3G or LTE eg Warid is owned by a middle east based company, and they don't run any electricity, gas or roads, looks like u watch too much "India TV or Zee News"

Don't know about Pakistan or Maldives. But in Bangladesh, no China telecom operator operate here. Huawei provide hardware, but Ericsson has the lion's share of that.

Much of our power sector generation are currently done by local privately owned enterprises.

All of it goes back to China made, China designed systems designed with China in mind. This level of electronic surveillance is common in China. But not yet in India, Pakistan or Bangladesh or Sri Lanka.

Soon enough. You guys should read sun ztu, he was mostly right about human nature.

Don't worry, China will earn back every last dollar it is gifting around.

Like Vito corleone.

You'll live happily enough I guess under the Chinese gov't umbrella, no ? Have fun with that notion !

 

[browser]

Hmm..interesting!!5% interest rate means 75% in 15 years!!!

max of the revenues will go to repay the interest!!

That's how any loan works..

Borrower just has to make sure they are generating enough return to pay the lender.

The only difference here is that vs the World Bank (which lends at concessional rates of 2% and has no sourcing restriction) this is a bit more expensive. However not unusually so.

 

[Arthur]

Good for BD if actually implemented. But the interest rates of 2% s still too high.
India offered it for 1% last time I remember for 1Billion dollars for credits. But if BD can put toll taxes it is really worth it

well,BD getting too chummy with China is no good news for India.That's why they are giving out these loans.Indian economy is booming,these amounts should go to local investments,but they have to defend their political interests too!! yes,if they implepent this projects,there will be taxes.But they won't affect the mass people directly,as max of the taxes will be coming from businesses using these facilities.

Isnt the interest paid on the capital at that corresponding year? Bcz capital amount keeps on decreasing each year...

yes,it does.it was just an instant calculation.But they don't calculate interest every year,they give you 100 in 2% interest rate,and you have to pay interest for 100. Still BD will be paying at least 30-40 percent interest.AND that's a huge amount.someone with more knowledge can shed more light on this matter.My knowledge of borrowing petty amount from local banks won't help that much.

 

[K.P.K]

All of it goes back to China made, China designed systems designed with China in mind. This level of electronic surveillance is common in China. But not yet in India, Pakistan or Bangladesh or Sri Lanka.

Soon enough. You guys should read sun ztu, he was mostly right about human nature.

Don't worry, China will earn back every last dollar it is gifting around.

Like Vito corleone.

You'll live happily enough I guess under the Chinese gov't umbrella, no ? Have fun with that notion !

Everyone has their interests am sure BD understands that, India has its interests if it was to do the same for BD do you think that it will not seek its interests?.

BD like any country evaluates and and then decides which is lesser of the two Devils.

China is splashing out it has the money to do it, Indians just rant because they ain't got the money to do what china can so they spread rumors and all of a sudden seem to worry for the welfare of south Asian nations.

Who in South Asia cares for or respects India?, Everyone going Chinese camp because money talks and Bullsyte walks.

 

[Arthur]

That's how any loan works..

Borrower just has to make sure they are generating enough return to pay the lender.

The only difference here is that vs the World Bank (which lends at concessional rates of 2% and has no sourcing restriction) this is a bit more expensive. However not unusually so.

Yep bro,I know how it works.I was just shocked with the amount.

 

[K.P.K]

I don't think the Arabs are turning to Bangladesh for military assistance in Yemen.

You take pride in that?, what are we rent an army or rent a mob like altaf Bahi?.

 

[browser]

Everyone has their interests am sure BD understands that, India has its interests if it was to do the same for BD do you think that it will not seek its interests?.

BD like any country evaluates and and then decides which is lesser of the two Devils.

China is splashing out it has the money to do it, Indians just rant because they ain't got the money to do what china can so they spread rumors and all of a sudden seem to worry for the welfare of south Asian nations.

Who in South Asia cares for or respects India?, Everyone going Chinese camp because money talks and Bullsyte walks.

You think BD is for sale for a $15-20 bn Loan ???

China would need to provide this level of "grants" on an annual basis to get BD to even consider joining a camp.

 

[bongbang]

We need mobility. Thanks for the help. If money is provided directly to bd politicians they will eat up the 50%. So dont provide the hard cash. Build it yourself under supervision. We need 37% gdp investment every year to gain consistent 8% growth. It will be huge boost for us. By 2030 BD economy will be $400 billion. So paying these arent a big deal. Rmember the padma barrage project worth $4b, which will give so much economic benefit that the money will be recovered in just 5 years. But still we couldnt implement that. Yes the loan factors must be checked if the contractors are getting high comparing global perspective.

 

[mb444]

these loans will be spent on capital investments.... go for it...BD needs infrastructure and its a no brainer..... every dollar spent on railways will be returned many fold within the life of the infrastructure being built, add to that will be development of indiginious downstream manufacturing supply chain....

BD can easily fund these..... but don't think there is any need to.... simply issue capital bond open it to undeclared income, expat BD and watch the funds roll into the coffers....

 

[Rajaraja Chola]

well,BD getting too chummy with China is no good news for India.That's why they are giving out these loans.Indian economy is booming,these amounts should go to local investments,but they have to defend their political interests too!! yes,if they implepent this projects,there will be taxes.But they won't affect the mass people directly,as max of the taxes will be coming from businesses using these facilities.


yes,it does.it was just an instant calculation.But they don't calculate interest every year,they give you 100 in 2% interest rate,and you have to pay interest for 100. Still BD will be paying at least 30-40 percent interest.AND that's a huge amount.someone with more knowledge can shed more light on this matter.My knowledge of borrowing petty amount from local banks won't help that much.

Of course it will affect the people. All projects mentioned are roads, bridges and railway lines. Naturally, the common people uses these. There will be a rise in toll taxes and railway fare.
If BD politicians do not involve in mud slinging then govt can recover the amount and pay back the loan. Or else it gonna affect the Fiscal position of BD govt. 2% pa is too much. BD needs to negotiate a better deal.