China offers goodies to Pakistan, urges world powers not to abandon it

[ChinaToday]

BEIJING: China has showered goodies on Pakistan as its top diplomat Dai Bingguo is visiting Islamabad. It has offered Pakistani companies tax free status if they operate in the border province of Xinjiang while ICBC, the Chinese bank, is working on ways to finance the Iran-Pakistan oil pipeline project.

In Islamabad, Dai appealed to world powers to support Pakistan and not desert it at this time. Pakistan has considerable influence on Afghanistan, which must be taken into consideration by those trying to resolve the crisis in Kabul, he suggested after meeting Pakistani president Asif Ali Zardari and prime minister Yousuf Raza Gilani.

The taxation move suggests China is serious about building a rail line connecting Pakistan and is preparing the economic infrastructure to support it. The new rule unveiled on Saturday offers a 5-year tax exemption to companies operating in Kashgar, which borders Pakistan and Horgos on the Chinese border with Kazakhstan.

Beijing had earlier announced to build a logistics centre in Kashgar, which saw bloody ethnic riots earlier this year, to revive the local economy and divert attention of the minority Muslim community from separatist leaders fighting to build an independent East Turkmenistan nation.

Pakistan recently announced that the Industrial and Commercial Bank of China, the largest of Chinese banks, has been appointed as the main financier in a consortium that will finance the $1.2 billion Iran-Pakistan gas pipeline. Beijing's hand is clearly visible in the decision because the project is based on the assumption of a politically stable Pakistan, which is not the case at present.

China, which has already invested $200 million to build the Gadwar port in Pakistan and helped the country build two nuclear power projects, is betting on the ability of the Zardari government to ensure stability by mending fences with the country's military leadership.

China offers goodies to Pakistan, urges world powers not to abandon it - The Times of India

 

[Pakistanisage]

China-Pakistan Relationship is scaling new heights. Eat your heart out India.

 

[true_indian]

China-Pakistan Relationship is scaling new heights. Eat your heart out India.

$hit I just had a KFC dinner. I missed out on my Indian heart.

 

[Korean]

China-Pakistan Relationship is scaling new heights. Eat your heart out India.

I don't think Indians care.

 

[somebozo]

I think its time for us to move closer to China, Turkey, Iran, Russia and CIS..many be a SCO block aimed at protecting regional interests!

 

[rai_kamal]

I think its time for us to move closer to China, Turkey, Iran, Russia and CIS..many be a SCO block aimed at protecting regional interests!

Now, what does that bold part mean ??

 

[SMC]

I don't think Indians care.

They try to actively tell us how China is not a true friend of Pakistan, how it doesn't care about Pakistan and is only working in its own interests. The economy forum might be a good place to start.

And you say they don't care? Quite the contrary. They're obsessed with everything Pakistan.

 

[Devil Soul]

What can one say expect PAK-CHINA friendship ZindaBad and haters get cold shower plzzz

 

[Bl[i]tZ]

On top of lip service, Beijing had promised $1.2 billion for the Iran Pak pipeline (which is a long term investment and probably not going to fall through given US opposition to it) and $200 mil were invested in Gwadar ( over a long period in the past, which too has not been a good investment since it has become a Ghost town because of BLA).

Given US gives out $2.5 bil an year in cash to Pak every year, I don't see the meat around the bones. Yes, I get the moral support but hey even North Korea gets moral support.

 

[rai_kamal]

They try to actively tell us how China is not a true friend of Pakistan, how it doesn't care about Pakistan and is only working in its own interests. The economy forum might be a good place to start.

And you say they don't care? Quite the contrary. They're obsessed with everything Pakistan.

You forget your soul partner, china without whom u won't b able withstand..
Do remember to take them wherever you include India, otherwise u know what can happen..
gud night..

 

[SMC]

You forget your soul partner, china without whom u won't b able withstand..
Do remember to take them wherever you include India, otherwise u know what can happen..
gud night..

I am sorry... what? What are you saying? Is it even remotely relevant?

 

[Sugarcane]

I don't think Indians care.

I don't think you are right

 

[majesticpankaj]

so many thanks to a article form TOI...hehehehe... guys bookmark it

 

[lem34]

On top of lip service, Beijing had promised $1.2 billion for the Iran Pak pipeline (which is a long term investment and probably not going to fall through given US opposition to it) and $200 mil were invested in Gwadar ( over a long period in the past, which too has not been a good investment since it has become a Ghost town because of BLA).

Given US gives out $2.5 bil an year in cash to Pak every year, I don't see the meat around the bones. Yes, I get the moral support but hey even North Korea gets moral support.

Yea but pak will make billions annually from transit fees. even american tapi pipeline paskistan stood to make 1.3 bill per year lol

china makes us self sufficient-eg jf17 no to f16

---------- Post added at 07:39 PM ---------- Previous post was at 07:37 PM ----------

I don't think you are right

what you mean you think yaar, the indians are burning burning

 

[majesticpankaj]

Yea but pak will make billions annually from transit fees. even american tapi pipeline paskistan stood to make 1.3 bill per year lol

china makes us self sufficient-eg jf17 no to f16

how you can make 1.3 bn usd per year through TAPI ? Again factually wrong ?