China seeks to convert part of soft loans into commercial credit for Bangladesh

[Rajaraja Chola]

Bangladeshis should make sure all the projects are implemented by Bangladeshis companies in BD workers wherever possible and not sell their soverngnity like some countries on the far western side.

 

[SrNair]

I think BD should not do it. It makes no sense to pay higher commercial interest. Better push back or scout for a better loan else where. It is called soft loan for a reason that developing country does not end up get bogged by interest payments and interest rate offered is less than market rate.

Well, you have our own free will. It was just one point from me. You can go for conversion of full $24 billion to commercial. You guys are rich.

Bangladeshis should make sure all the projects are implemented by Bangladeshis companies in BD workers wherever possible and not sell their soverngnity like some countries on the far western side.

Why the hell we should care about whether BD accepts loans or credits from China or not ?
Their country ,their interests,their rules .Let them develop by it so be it .
But I hope BD should confine that deal within economic sector .Chinese have a behaviour of converting this in to equity in long term .Again noone of our concern .But if that cause any type of use of BD soil by China against India then BD will suffer the consequences .

BD can do whatever they want good for their nation .This is not our problem.

 

[UKBengali]

Why the hell we should care about whether BD accepts loans or credits from China or not ?
Their country ,their interests,their rules .Let them develop by it so be it .
But I hope BD should confine that deal within economic sector .Chinese have a behaviour of converting this in to equity in long term .Again noone of our concern .But if that cause any type of use of BD soil by China against India then BD will suffer the consequences .

BD can do whatever they want good for their nation .This is not our problem.

What "consequences" will that be then?

BD is being heavily armed as we speak by both China and Russia.
By 2030, I dare say that BD military should have local military superiority in the NE region and the Bay of Bengal, and so it may be India that needs to fear BD rather than the other way round.

 

[SrNair]

What "consequences" will that be then?

BD is being heavily armed as we speak by both China and Russia.
By 2030, I dare say that BD military should have local military superiority in the NE region and the Bay of Bengal, and so it may be India that needs to fear BD rather than the other way round.

All we need to do is to close down our parts of border and Bay of Bengal .
By 2030 we will have at least 3 CBG and dozens subs including nuke subs .
By 2030 only one group can scratch India that would be NATO.
BD is not even in equation.
Pounding of few hrs will reduce what you call BD Army in to nothing.

 

[UKBengali]

All we need to do is to close down our parts of border and Bay of Bengal .
By 2030 we will have at least 3 CBG and dozens subs including nuke subs .
By 2030 only one group can scratch India that would be NATO.
BD is not even in equation.
Pounding of few hrs will reduce what you call BD Army in to nothing.

This is a joke and completely off topic and so this is my last post on the matter.

By 2030, BD will have around the below:

160 4+/5 gen fighters such as SU-30SME, J-10B/C and J-31 guided by AWACs.
12-16 next-gen frigates with 32-cell VLS.
4 next-gen destroyers with 64 cell VLS.
400,000 strong army equipped with modern tanks, artillery etc.
Long-range air-defence system.

With the forces that you have to use to face Pakistan and China, BD wil have local superiority. Or you can move most of your forces against BD and then Pakistan walks into Kashmir and China walks into South Tibet

 

[idune]

Now, can you explain to us which Jamaati told you this?

seems like China caught your political god mother Hasina's duplicit (anti Bangladesh) act with india red handed. You can not hide behind your good fried Jammat, they refuse to shelter non believers and indian parrots.

on the topic, China witnessing how ruling awami league and Hasina using Chinese soft loan for big projects and then turn around taking away domestic fund for development to support looting by indian companies and to support captive market for indians. Chinese intention was to help Bangladeshi people, there is no reason for China to benefit indian companies. Ruling awami league works for india and not for Bangladeshi people. So for obvious and right reason China wants to convert loan into commercial term. In fact I would say China is showing some generosity, they could have just stopped loans altogether.

From a 1-3 years prospective, excessive loan ruling awami league taking to loot through rental prower plant, through banks and to support indian lootings, will decapitate national economy with debt burden and loan servicing.

 

[M_Saint]

Now, can you explain to us which Jamaati told you this?

The eternal itch of Jamaati's planted allergy in the deep of Dalal's arse hole gives so much pleasure that even surpasses Hanoman's decendent's love affair with Go Mutro.

China has trillions of US $ in surplus to spend and one of the top Gold stockpiles in this planet. Counting mere pennies is of insignificant value,even if the Chinese write off the entire US$ 25 Billion or twice that amount, it still wont ruffle even a single Chinese feather.
Awami Leagues + India, has still a lot to learn from the wise Chinese policies.

It's true but Dalal GOB has been caught red handed for being over smart as it has been courting Benya with the signing of 22 treaties as well that are detrimental to Chinese interest. So, SINOs shouldn't disburse a single penny to Dalals.

 

[SrNair]

This is a joke and completely off topic and so this is my last post on the matter.

By 2030, BD will have around the below:

160 4+/5 gen fighters such as SU-30SME, J-10B/C and J-31 guided by AWACs.
12-16 next-gen frigates with 32-cell VLS.
4 next-gen destroyers with 64 cell VLS.
400,000 strong army equipped with modern tanks, artillery etc.
Long-range air-defence system.

With the forces that you have to use to face Pakistan and China, BD wil have local superiority. Or you can move most of your forces against BD and then Pakistan walks into Kashmir and China walks into South Tibet

Only if India is still stand like now some thing that not going to happen.
By 2030 the only rival of China would become India .
All we need to do the complete blockade of Bay of Bengal and our border areas .You will sit in shit .

.This is also my last post.

 

[帅的一匹]

Only if India is still stand like now some thing that not going to happen.
By 2030 the only rival of China would become India .
All we need to do the complete blockade of Bay of Bengal and our border areas .You will sit in shit .

.This is also my last post.

Non of your business

Now either give 24 billions or STFU.

 

[lastone]

All the orders will be on limited tender basis (where only selected chinese companies can bid) or G-to-G basis.
All contractors are preselected by the Chinese government.
We like this modality, win win for both the party with no red tape involved.

Thanks for the answer.
Now you see what i meant.
Bangladesh is the Customer. China is not doing you a favour.
So in return for only chinese cos bidding , 2 % interest is fair.
Their will 100 % be collusion between the bidding chinese cos .
For eg Japan, for the HSR in India , is lending 10 b usd at 0.1% interest, since japanese cos will supply the trains , etc.
Civil work will be a combined effort .
Thats why Pakistans assured returns at 18% etc , with chinese labour and all chinese companies is not a good model.
Ofcourse if the loans turn into grants for pakistan , its all good.

 

[bluesky]

Bangladeshis should make sure all the projects are implemented by Bangladeshis companies in BD workers wherever possible and not sell their soverngnity like some countries on the far western side.

Do you think, Bd has all those private organizations needed to do the project works by ourselves? Even there is no obligatory system to give design subcontract to the local companies. Such large design companies have not yet been formed who can perform the job.

Then comes the civil contractors. We have some good contractors, but no good jobs can be expected from them because of hooliganism by the govt party cronies. The contractors have to bribe them at the expense of quality of works. So, the best approach is to give the main contract to a company from the lending country.

 

[lastone]

Do you think, Bd has all those private organizations needed to do the project works by ourselves? Even there is no obligatory system to give design subcontract to the local companies. Such large design companies have not yet been formed who can perform the job.

Then comes the civil contractors. We have some good contractors, but no good jobs can be expected from them because of hooliganism by the govt party cronies. The contractors have to bribe them at the expense of quality of works. So, the best approach is to give the main contract to a company from the lending country.

Actually you make sense.
We are assessing the contracts from a indian viewpoint and available skill level.
The chinese contractors will at least give you working infractucture in a short time .
You can hire independent quality assurance companies for the work being performed.
Costs money but will keep the chinese on their toes. India follows this procedure for all metro projects.

 

[kasper95]

Non of your business

Now either give 24 billions or STFU.

Its what is being told to BD by China in a polite way .the same words .why would China want to change terms in between.

 

[帅的一匹]

Its what is being told to BD by China in a polite way .the same words .why would China want to change terms in between.

Of course the money lent by Chinese can't be used to nourish Indian company. Easy to understand.

 

[ziaulislam]

I think BD should not do it. It makes no sense to pay higher commercial interest. Better push back or scout for a better loan else where. It is called soft loan for a reason that developing country does not end up get bogged by interest payments and interest rate offered is less than market rate.

common sense, if china want get the projects on govt 2 govt basis why would it give easy loans?