China-Sri Lanka Cooperation: News & Discussions

[Jlaw]

The village money lender gives loans to farmers knowing fully well they can not possibly return it.

As @Roybot said, it is economic colonisation achived in smaller countries through bribing the people in power.

What the village money lender is really after is the farmers land.

I know the official line on the forum is China is the second coming of the Christ, all they want to do is help smaller countries become great again, they wont buy our rulers to compromise our national interest etc etc.

Welcome to China Srilanka Economic Corridor.

so if the magnum condom is too big for your dick , would you blame the condom maker ?

 

[Logicaldude]

The farmer always has a choice not to borrow, China never practiced anything that hasn't been practiced by other governments and banks for decades if not centuries. Does India practice this any different from other countries?

China is doing what anyone in that position is doing. I do not blame china.

I was only commneting on the ridiculous posts made by some pakistanis, bangladeshis even sri lankans on how china is selflessly helping them.

I think their rulers are taking them for a ride for personal benefit by showing them the evil India bogeyman. Smaller nations have to be really smart when dealing with giants.

 

[SQ8]

China is doing what anyone in that position is doing. I do not blame china.

I was only commneting on the ridiculous posts made by some pakistanis, bangladeshis even sri lankans on how china is selflessly helping them.

Nobody does anything selflessly. All that matters is how much due diligence you have done before signing any sweet deals.
Diligence that is not always financial, but also includes intangible costs (and profits) .

 

[beijingwalker]

China funds thousands of projects around world but is it part of China's responsibility to guarantee that every one of them must be successful? Investment and business involves risks and that's known to everyone. It's Indians logic that China has to provide money and ensures success for all the funded projects , maybe China is God in Indians mind.

 

[SQ8]

The village money lender gives loans to farmers knowing fully well they can not possibly return it.

As @Roybot said, it is economic colonisation achived in smaller countries through bribing the people in power.

What the village money lender is really after is the farmers land.

I know the official line on the forum is China is the second coming of the Christ, all they want to do is help smaller countries become great again, they wont buy our rulers to compromise our national interest etc etc.

Welcome to China Srilanka Economic Corridor.

Well, the official line in Bangaldesh is that India is the second coming of Christ(or the Kalki Avtar or Ctulhu).
That is based upon your perceptions and those of BD. How much of it is factual in terms of economic modelling based on accurate statistics is rarely ever looked at.

 

[Logicaldude]

Nobody does anything selflessly. All that matters is how much due diligence you have done before signing any sweet deals.
Diligence that is not always financial, but also includes intangible costs (and profits) .

The devil is in the details, and when there is lack of transparency or "intangible" "unwritten" clauses, lets just say, since you are a mod, the smaller country is the winner

Well, the official line in Bangaldesh is that India is the second coming of Christ(or the Kalki Avtar or Ctulhu).
That is based upon your perceptions and those of BD. How much of it is factual in terms of economic modelling based on accurate statistics is rarely ever looked at.

You know that is not true. Not a single BD poster said a word of appreciation when India accepted the ruling on maritime boundary heavily favoring BD, but they cant seem to contain their excitement when china uses a red pen and draws lines in SCS.

 

[SQ8]

The devil is in the details, and when there is lack of transparency or "intangible" "unwritten" clauses, lets just say, since you are a mod, the smaller country is the winner

How can you be sure of these unwritten clauses? Since to your perception these are detrimental to your bias towards your nation. Which is why you are not a mod and cannot be because you cannot give anything objective without a bit of spite thrown in. That taints any factual tendencies you might have.

The CPEC is not all roses and that will bite in places where those that cant see cant realize. However, in terms of benefits it tilts slightly in the positive direction.... but slightly for Pakistan.
It tilts a lot for China, they would not undertake the project if all the finances including idea of NPV and projected growth did not go heavily in their favour. The same goes for this project in Lanka.

The Lankans may or may not have(or see) a slight positive impact of it.. the Chinese may be looking a much higher RoR than the Lankans in the long run.

 

[Srinivas]

hahahha do you know that the World's biggest ports by cargo tonnage are mostly Chinese-managed ports?

Rank Port Country Measure 2014 kiloton[1] 2013 kiloton[2] 2012 kiloton[3]
1 Shanghai

China MT 678,376 696,985 644,659
2 Singapore

Singapore FT 581,268 560,888 538,012
3 Guangzhou

China MT 500,975 472,760 438,000
4 Qingdao

China MT 465,055 450,111 407,340
5 Port Hedland

Australia MT 446,922 488,000 288,443
6 Tianjin

China MT 445,780 477,399 477,000
7 Rotterdam

Netherlands MT 444,733 440,464 441,527
8 Ningbo

China MT 429,912 399,250 364,612



you cant teach a man how to fish, if he has no interest in learning how to at all. Instead he would rather gobble up that single big fat fish that he had to fullfill his hunger.

Just watch how this hambantota is going to make a drastic u-turn in its fortunes once it's in Chinese-style management.

I dare say the money from the Chinese investments got diverted into personal pockets instead of legal projects and infrastructure building. Looks like Chinese investors are still experiencing exactly what Zhenghe had seen over 500 years ago when he reached sri lanka

The moment you loose the manufacturing edge because of aging population, the trade activity decreases.

China is behaving like a loan shark, forcing poor governments to sell their assets. They are making sure the conditions are favourable for them to take over the ports.

 

[SQ8]

You know that is not true. Not a single BD poster said a word of appreciation when India accepted the ruling on maritime boundary heavily favoring BD, but they cant seem to contain their excitement when china uses a red pen and draws lines in SCS.

It is laughable that you actually consider the PDF sample size as representative of all BD. And I thought my jibes at certain Indians on the majority of Indian trolls on PDF making the entire Indian population look like blood thirsty Islamophobic bigots was actually picked up.

 

[Roybot]

so if the magnum condom is too big for your dick , would you blame the condom maker ?

I would, if the magnum condom manufacturer loans the small dick guy money to buy the magnum condom, knowing fully well that his customer has a small dick and the condom will just fall off and ergo be useless.

 

[Kaniska]

this is the most ignorant and stupidest comment i've ever read. Singapore is on the gate way to the pacific to the east. Sri lanka can be the gateway to almost everywhere.

Just look at the world map and see where sri lanka is before u say such things.

Oh and dude, im from Singapore- naturally i would have the tendency to self-praise/self-emphasise the importance of my own country. But fact is Sri lanka is in a very favorable lcoation

Mr Genius, i would be the happiest man, if Sri Lanks does well and progress like any other developing nation. We do not have to justify our facts with some nationality flavor. So keep up your nationality recomendation to yourself.

Sri Lanka can be gateway to so many things, i hope one day, it will achieve its full potential which is its due.

 

[Logicaldude]

How can you be sure of these unwritten clauses? Since to your perception these are detrimental to your bias towards your nation. Which is why you are not a mod and cannot be because you cannot give anything objective without a bit of spite thrown in. That taints any factual tendencies you might have.

The CPEC is not all roses and that will bite in places where those that cant see cant realize. However, in terms of benefits it tilts slightly in the positive direction.... but slightly for Pakistan.
It tilts a lot for China, they would not undertake the project if all the finances including idea of NPV and projected growth did not go heavily in their favour. The same goes for this project in Lanka.

The Lankans may or may not have(or see) a slight positive impact of it.. the Chinese may be looking a much higher RoR than the Lankans in the long run.

I am not sure about the unwritten clauses. Hence I gave it to Pakistan, because in my limited real life experience, the ability of the chinese to influence your decision makers is limited while pakistan can practically buy off the polit bureau or whatever they call it in China. Happy?

I am not denying there will not be positive impact of CPEC. Its just that the chinese seem to be supporting policies of smaller states that isolate them and then the chinese come in for the kill, as there is no competition.

Their support for pakistani terrorists or rajpakse policies or their lucrative deals in burma show a pattern.

 

[beijingwalker]

China just offers all countries another option other than getting money from the west, a new option is always a welcome thing and you always have to right no to take the one that is less desirable. That's something that really makes the west worry cause their domination over the globe is in danger.

 

[Kaniska]

Indians blame China for this port failure, that's ridiculous, China never forced anyone to borrow our loans and it's those governments decision to borrow foreign money or not. When you fail a business and you blame the one who lends you money, can anything be more stupid than that?

It is too early to blame all Indian to blame Chines. It is not the fact. But i agree with you. China can provide loan, but how the project is successful, it is the responsibility of the host nation to take ownership...Nothing is free money.

So Sri Lanka should also share the blame that it did not utilize the opportunity effectively.

 

[beijingwalker]

To have used it wisely, China would be a enormous bargain chip for the developing countries to get money on better terms at least.