China to provide 'multiple forms of bailout packages' to Pakistan: official

[Kabira]

That is why I love Pakistan. It is the best place to do business live and enjoy.

Raw material cheap
Energy cheap oil is cheapest among non oil producing countries
Landscape and natural beauty the best views in the whole fucking world.
People friendly and help ful.
Medical facilities good.

What else do you ask for in life.

 

[Tom M]

...you missed the point here.


"He said that only four of the 22 projects launched under CPEC provided concessional loans, while the rest were investment-based and would strengthen Pakistan's economy."

While I may agree with you. Can you please enlighten me about the loans on the said 22 projects, the amount, rate of interest and terms?? Even if you can't please provide me any online source that give a detailed picture??

That is why I love Pakistan. It is the best place to do business live and enjoy.

Raw material cheap
Energy cheap oil is cheapest among non oil producing countries
Landscape and natural beauty the best views in the whole fucking world.
People friendly and help ful.
Medical facilities good.

What else do you ask for in life.

I really wonder, even after all these favourable atmosphere and incentives why is Pakistan still struggling to attract a decent amount of FDI, YoY for decades now???

P.S: Please don't give me the excuse of terrorism. It was the past and decade back I guess.

 

[nahtanbob]

A million times better than being dependent on a backstabber like USA.

I am just so happy after CPEC cooperation between China and Pakistan. Who could have thought that Pakistan would ever get out of American grip after the WoT fiasco. It is a fvcking miracle if we think about it. No more American shoddy aid which compromises national interests. No more US bidding. No more drone strikes and humiliation. Just pure trade and mutual economic benefit between China and Pakistan. I am all for it. This is unreal and a welcome change for Pakistan. We couldn't have wished for a better economic and defence partner than China.

There is a reason why the Yanks and their allies are constantly up in arms when China and Pakistan cooperate.

whatever you are bitching about america you will say the same things about china. give a few decades

 

[BHarwana]

While I may agree with you. Can you please enlighten me about the loans on the said 22 projects, the amount, rate of interest and terms?? Even if you can't please provide me any online source that give a detailed picture??



I really wonder, even after all these favourable atmosphere and incentives why is Pakistan still struggling to attract a decent amount of FDI, YoY for decades now???

P.S: Please don't give me the excuse of terrorism. It was the past and decade back I guess.

Because of lack of energy. Due to CPEC we are now getting abundant energy.

 

[N.Siddiqui]

While I may agree with you. Can you please enlighten me about the loans on the said 22 projects, the amount, rate of interest and terms?? Even if you can't please provide me any online source that give a detailed picture??

Can't be declassified...will remain confidential, even IMF wasn't shared with the detailed CPEC deal.

 

[BHarwana]

1 litter petrol Karachi $0.7
1 litter petrol Mumbai $1.1
1 litter petrol Chitagong $1.04
1 litter petrol Tokyo $1.39
1 litter petrol Paris $1.7

 

[Tom M]

Now Tommy you want to troll is one thing but in reality Pakistan is much better than India in manufacturing and living cost. 36000 farmer committed suicide in India due to financial crisis. There is a financial protest on streets of Delhi where people are carrying skulls of dead farmers why because cost of production has gone up is India and domestic economy is collapsing so what are you ranting about. Join China BRI it is important for your survival. It is my advise to India apart from propaganda you need it and you should take it false ego will get you no where.

You really don't know how democracy works I guess. There is an upcoming national elections in 6 months. You will see much more protests and agitation in coming months.

Well even after all the things you have pointed, which I too agree to a certain extend (unlike you), still our economy and FDI is increasing YoY while you guys with all your favourable atmosphere that you have been pointing are still struggling. And you know why?? There is a great difference between truth and fiction. And major international investors are not fools.

Can't be declassified...will remain confidential, even IMF wasn't shared with the detailed CPEC deal.

And that is the catch, and you will understand down the road. All the best.

 

[BHarwana]

You really don't know how democracy works I guess. There is an upcoming national elections in 6 months. You will see much more protests and agitation in coming months.

Well even after all the things you have pointed, which I too agree to a certain extend (unlike you), still our economy and FDI is increasing YoY while you guys with all your favourable atmosphere that you have been pointing are still struggling. And you know why?? There is a great difference between truth and fiction. And major international investors are not fools.

Tommy if so many people are investing in India and India is growing so much why are farmers committing suicide because of financial crisis?

India is in financial crisis bro join China BRI and save lives USA will not help your people.

https://twitter.com/x/status/1066822533180268546

 

[Tom M]

whatever you are bitching about america you will say the same things about china. give a few decades

Exactly.

 

[N.Siddiqui]

Well even after all the things you have pointed, which I too agree to a certain extend (unlike you), still our economy and FDI is increasing YoY while you guys with all your favourable atmosphere that you have been pointing are still struggling.

...most of that so called FDI is re-routed money laundered to tax heaven countries and coming back to India as white clean money...real FDI investment is not clear.


How come Mauritius is the biggest foreign investor in India?

The paper makes use of a unique dataset which identifies the ultimate parent/controlling entity of the individual FDI inflows, and thus able to identify which FDI inflow is coming directly from the home country of investor and which are routed through the other country. To find the reasons behind the routing of FDI through a third country, it analyses the secrecy aspect as well as the tax agreement of that country with India to find the linkages between secrecy, tax agreements and routing of FDI to India.”

https://www.taxjustice.net/2018/03/26/how-come-mauritius-is-the-biggest-foreign-investor-in-india/

 

[Tom M]

Tommy if so many people are investing in India and India is growing so much why are farmers committing suicide because of financial crisis?

When we are talking about macro economics, why you are sticking to micro economic variables??

If you don't know, do check the global facts available all over Internet. The rate of farmer suicide is far less in India is compared with what happens in the so called developed countries.

That doesn't mean it is good. But it does happen in every other country and India or Pakistan is never an exception.

 

[nahtanbob]

As much if not more then you are on the west.

list out all the products you use that were not invented in the West

 

[Tom M]

...most of that so called FDI is re-routed money laundered to tax heaven countries and coming back to India as white clean money...real FDI investment is not clear.


How come Mauritius is the biggest foreign investor in India?

The paper makes use of a unique dataset which identifies the ultimate parent/controlling entity of the individual FDI inflows, and thus able to identify which FDI inflow is coming directly from the home country of investor and which are routed through the other country. To find the reasons behind the routing of FDI through a third country, it analyses the secrecy aspect as well as the tax agreement of that country with India to find the linkages between secrecy, tax agreements and routing of FDI to India.”

https://www.taxjustice.net/2018/03/26/how-come-mauritius-is-the-biggest-foreign-investor-in-india/

Agreed, but do you think it is an India specific phenomenon ???

Ironically a Pakistani should be the last one pointing fingers on India w.r.t money laundering. When Pakistan ltself is in FATF list. LOL

 

[UKBengali]

This single country holds one third of the world total foreign reserve and all countries come to her when they are in money trouble. It's not a random single country.

My point is that if this was purely business, then why are other countries not interested?
Fact is that China is propping up Pakistan.

 

[Arsalan 345]

cpec 70 thousand jobs and now this.i don't find 70 thousand jobs,not even for balochi people.china can provide anything.problem is what is the benefit for us as a nation? i don't see any progress.