China to invest $50b to develop Indus River Cascade

[Theparadox]

some good education for indians

Nothing new, don't care

 

[Talwar e Pakistan]

So thats over 100 billion $ for Pakistan!

It's easily over 200 billion, there have been a series of other projects worth around 10-30 billion.

 

[BATMAN]

Investment in hydroelectric would probably the best move of current govt. so far.
go Nawaz go, go for it !

 

[ghauri05]

IMO...it will be the best favour by China to Pakistan since 1947....the water issue is the most grave issue in Pak's survival and our own leaders are consummate in their non-serious behaviour towards this issue.

 

[jermankill]

just saw in news Chinese president promise to invest 120 billion$ in Pakistan in many sector

 

[Shotgunner51]

@Shotgunner51 my dear friend... I am Always delighted to see Paks Always standing with Chinese. Always!

Just look at the indian section... how Paks Always support your country and your countrymen, and Paks get accused everytime for being Chinese cheerleaders by the indians.

Such Friendship, such devotion needs to be honoured by all Chinese posters.

Pak might be 'poor' or whatever... Chinese posters must at least honour what have Pak done for China even when China was very very poor. I am sure you know the history of Sino-Pak relations.

Thanks for tagging my dear friend! Ofc I know about Sino-Pakistan history, and know that overwhelming majority of Chinese view Pakistani as iron brothers. Let's not get agitated by minority opinions that do not go along with mainstream, these exist everywhere in the world.

On topic, I have read about this project before (see below links). After World Bank and Asian Development Bank have decided to pull out, now I sincerely wish this hydro project of strategic importance to well being of Pakistan can proceed with China involvement (through Chines policy banks or sovereign wealth funds). To build a consortium of financiers, I hope GCC funds, Islamic Development Bank or IFC can tag along.

http://www.hindustantimes.com/india...zad Kashmir/story-AnyLaua6fimtzFfuwBjEWI.html
http://www.livemint.com/Politics/qe...-Indus-river-in-Azad Kashmir-fails-to-ge.html
https://tribune.com.pk/story/424454...-considers-slapping-surcharge-to-finance-dam/

 

[DJ_Viper]

Lol you're misunderstanding the point, first no one said about cutting off waters, second why would China waste their money to channel all water to pak and make themselfs in firing range of India?? Lol just by one statement of PM Modi pak got too much scared & is becoming more dependent on China, well i'm happy for pak and support your second point too.

Pakistan economy is no more dependent on India compared to the Indian economy's dependence on the US. One example, if the US decides to take all offshore companies back and sends all H1's back to India, you'd have a financial crisis 10 times worst than the financial crisis of 2008.

On the power plants, you guys signed a deal with the US (companies like GE) to build majority of your power plants. Why is the pain in the rear when Pakistan is contracting out their power plants to China? Do you guys not have one mature argument to make here? Its just sad to see that majority of you guys from India, on these good topics, only troll and come across very naive, totally lacking intellectualism, while I personally know you guys are smarter than this.
Someone once told me that if you open your mouth to speak on a subject, make sure people listening will appreciate your knowledge and the quality of the content. Where is the knowledge and quality from you guys from India posting on here? Its just a lot of butt hurt that comes out in these childish posts. You should argue on facts, not your personal "opinions" which clearly don't connect with the reality when it comes to topics like Pakistan's growth.

I think you guys need to accept the fact that Pakistan is now growing and will grow to become one of the top 15 economies, there is nothing you could do to stop it. You've already tried for like 5 years now and very hard and it's not worked. They ended up pulling the carpet from under your friends sitting in Iran and Afghanistan! So why not accept the fact and make peace?

 

[Theparadox]

Pakistan economy is no more dependent on India compared to the Indian economy's dependence on the US. One example, if the US decides to take all offshore companies back and sends all H1's back to India, you'd have a financial crisis 10 times worst than the financial crisis of 2008.

On the power plants, you guys signed a deal with the US (companies like GE) to build majority of your power plants. Why is the pain in the rear when Pakistan is contracting out their power plants to China? Do you guys not have one mature argument to make here? Its just sad to see that majority of you guys from India, on these good topics, only troll and come across very naive, totally lacking intellectualism. While I personally know you guys are smarter than this. Someone once told me if you open you mouth to speak on a subject, make sure people listening appreciate your knowledge and the quality of the content. Where is the knowledge and the quality from you and many others Indian poster's posts? Its just a lot of butt hurt that comes out in these childish posts. You should argue on facts, not your personal "opinions" which clearly don't connect with the reality when it comes to topics like Pakistan's growth.

I think you guys need to accept the fact that Pakistan is now growing and will grow to become one of the top 15 economies, there is nothing you could do to stop it. You've already tried for like 5 years now and very hard. So why not accept the fact and make peace?

Lol US can't pressure us and our economy depend on other sectors like agriculture, infrastructure etc. We don't depend on US solely and thats the point. Meanwhile US is kicking our techies out and we booming right now at home. We are all time high on forex reserves, stock are around 30k, more millions of tax payers have joined and more records are to come.
Well about pak you/they will know about reality in coming years, right now even Bangladesh doing far better.
Peace lol its more fun this way, if there will be peace then we will kick PM out of power and pak is doing great job regarding it.

 

[simple Brain]

Finally, Alhamdullilah, its an extremely great news. I hope they will think over to share this water with our neighbors and beyond.

 

[DJ_Viper]

this project needs to cross at least 200$ billion dollars at least in next 3 to 5 years but next major investment need to be in manufacturing sector ...without that its not going to give us a big boost and not just in construction sector.

Yes, this would easily become a $ 300-500 billion project within a few years. But, Pakistan needs investments from other countries, not just China. This one thing is very critical for this project's success. The only success factor would be when other countries invest and give this a vote of confidence like Dubai ports, or Singapore, for example.

On manufacturing, those days are almost gone. The Robots have started to manufacture pretty much everything. So Pakistan should instead focus on building more connectivity from a trade standpoint and provide her labor to other countries as a major export like India. Pakistan already has a growing and huge pool or business and IT / engineering graduates. That would be a much easy thing to get agreements from countries that don't have that much educated labor, vs. trying to compete with the Chinese, India and others in manufacturing. But there need to be investments within the manufacturing sector, but not as a core focus.

Lol US can't pressure us and our economy depend on other sectors like agriculture, infrastructure etc. We don't depend on US solely and thats the point. Meanwhile US is kicking our techies out and we booming right now at home. We are all time high on forex reserves, stock are around 30k, more millions of tax payers have joined and more records are to come.

Well about pak you/they will know about reality in coming years, right now even Bangladesh doing far better.
Peace lol its more fun this way, if there will be peace then we will kick PM out of power and pak is doing great job regarding it.

1) The second the US starts to bring more jobs back, and the automation introduces millions of lay offs within the IT industry (specifically impacting India). The market and all, will hit the bottom. You can dance around all you want to, and write posts saying anything or everything, I'll see what you have to say in 2021. In fact, you'll start to see some results by starting next January. I can't sit here and argue with you like children. If you want to ignore the train headed towards you full speed, well, be my guest and continue to write another 2 dozen posts on here . If I was you, I'd be talking about how to escape the train, not pretend that it won't touch you.

2) Pakistan will surpass Mexico at the minimum in terms of economic size. No matter what you say or write, their stock market is an indication of what's going on internally. Their stock market is one of the top three global markets in terms of providing the best YOY returns. Period! No China, India come close. They are now within the emerging markets category. Not frontier. So same category as BRICS countries. So now its called BRICS+P. If you don't know what that means economically and growth estimates wise, then I am wasting my time writing my posts. You can continue with the personal hatred and national rhetoric against Pakistan. Its never worked and it won't change a dime.

 

[oFFbEAT]

Pakistan economy is no more dependent on India compared to the Indian economy's dependence on the US. One example, if the US decides to take all offshore companies back and sends all H1's back to India, you'd have a financial crisis 10 times worst than the financial crisis of 2008.

When you argue, try put some logic into it......
You have no idea what would happen to the US economy if those U.S multinationals earning huge profit overseas are ordered to stop their overseas business.....and I for one, would really like to see the U.S kicking all those Indian techies out, the brain drain is too much. Even if all off them lands in India, our already high unemployment rate wouldn't be affected too much and their talent and skill would actually help improve our economy and technology, but we wouldn't be able to pay them as much, so they wouldn't prefer India.
Anyway, hardly anyone would have to come back to India, most of those talented and highly skilled workers will get jobs in other countries but the U.S will understand it's true worth.
It's not for nothing that American companies do not like to hire Americans and your government has to forcefully make them do that.

 

[Theparadox]

Yes, this would easily become a $ 300-500 billion project within a few years. But, Pakistan needs investments from other countries, not just China. This one thing is very critical for this project's success. The only success factor would be when other countries invest and give this a vote of confidence like Dubai ports, or Singapore, for example.

On manufacturing, those days are almost gone. The Robots have started to manufacture pretty much everything. So Pakistan should instead focus on building more connectivity from a trade standpoint and provide her labor to other countries as a major export like India. Pakistan already has a growing and huge pool or business and IT / engineering graduates. That would be a much easy thing to get agreements from countries that don't have that much educated labor, vs. trying to compete with the Chinese, India and others in manufacturing. But there need to be investments within the manufacturing sector, but not as a core focus.

1) The second the US starts to bring more jobs back, and the automation introduces millions of lay offs within the IT industry (specifically impacting India). The market and all, will hit the bottom. You can dance around all you want to, and write posts saying anything or everything, I'll see what you have to say in 2021. In fact, you'll start to see some results by starting next January. I can't sit here and argue with you like children. If you want to ignore the train headed towards you full speed, well, be my guest and continue to write another 2 dozen posts on here . If I was you, I'd be talking about how to escape the train, not pretend that it won't touch you.

2) Pakistan will surpass Mexico at the minimum in terms of economic size. No matter what you say or write, their stock market is an indication of what's going on internally. Their stock market is one of the top three global markets in terms of providing the best YOY returns. Period! No China, India come close. They are now within the emerging markets category. Not frontier. So same category as BRICS countries. So now its called BRICS+P. If you don't know what that means economically and growth estimates wise, then I am wasting my time writing my posts. You can continue with the personal hatred and national rhetoric against Pakistan. Its never worked and it won't change a dime.

Well you can live in your fantasies and remain hopeful for their future, i don't care. First i already told that i'm happy for such development for China & pak so i don't know what are you talking about. Second all these development will easily take 5-10 yrs by then they would have more debts. Most Indians don't care about techies being kicked out off job, actually its good for long term if gov. able to use this opportunity and there are other countries like Japan etc to take more of them though current position is a mess.
Those stock markets you are talking about are largely own by China and they are buying their companies too. You are shying away from ground reality that how pak is going to pay off this large debt, i don't see any source. For IT market current & future is manly for India & Vietnam, US should better watch out.

 

[DJ_Viper]

Well you can live in your fantasies and remain hopeful for their future, i don't care. First i already told that i'm happy for such development for China & pak so i don't know what are you talking about. Second all these development will easily take 5-10 yrs by then they would have more debts. Most Indians don't care about techies being kicked out off job, actually its good for long term if gov. able to use this opportunity and there are other countries like Japan etc to take more of them though current position is a mess.
Those stock markets you are talking about are largely own by China and they are buying their companies too. You are shying away from ground reality that how pak is going to pay off this large debt, i don't see any source. For IT market current & future is manly for India & Vietnam, US should better watch out.

Your post is a pure example of alternative reality. "Most Indians don't care about leaving tech jobs"......that's $ 150 billion within India in the shape of outsourcing per year, and probably double for Indians working in the US! So if you think the Indian economy, or any economy can absorb a shock of $ 150-300 billion (especially with India, having over 600 million living way below the basic WB defined poverty line), I think you are flat out insane. India's one of the largest exports is her labor. Even if a $ 200 billion loss came up in the US, it would trigger a small crisis. Now apply that to India, it would topple the entire economic system for a long time and your GDP will take a hit, not to mention over $ 200-300 billion per years won't come anymore in the shape of $$. So you can continue with your illogical rationale on here. But it makes no sense.

Pakistan will pay off her debt just like the US has paid off hers and India is paying off hers. You are only a few % point above Pakistan debt wise. But you have 3 times larger population that lives below the basic global poverty line, vs. Pakistan. So Pakistan, with her smaller size and her 4 times lesser population, actually will be considered a mature country much sooner than India will. That's a reality. They have 4 times less people and 4 times less area to develop. If such common sense doesn't meet your IQ level, not sure what would.

 

[Great Sachin]

Investment cum loan (size of entire pakistan economy) from one country alone....reminds me East India Company

 

[Max]

Investment cum loan (size of entire pakistan economy) from one country alone....reminds me East India Company

Save us bharati