China's role in Venezuela's downfall

[wiseone2]

Then it is Russia problem, not your. Why do you care?

Russia has no use for CPEC

 

[Finer]

Russia has no use for CPEC

So why do you care if Russia has no use for CPEC? You should be more concerned about the fact that only India is being left out from CPEC that is soon to be international venture.

 

[wiseone2]

So why do you care if Russia has no use for CPEC? You should be more concerned about the fact that only India is being left out from CPEC that is soon to be international venture.

There is no use for India. If there is some use please let us know

 

[Finer]

There is no use for India. If there is some use please let us know

Considering Indian pinned hope on Iran for Chabahar Port suggests otherwise considering untapped market into the account.

 

[wiseone2]

Considering Indian pinned hope on Iran for Chabahar Port suggests otherwise considering untapped market into the account.

Chabahar is a limited project to trade with Afghanistan
There is not much to trade with Central Asia - Chabahar or CPEC

 

[Finer]

Chabahar is a limited project to trade with Afghanistan
There is not much to trade with Central Asia - Chabahar or CPEC

Or gateway through Iran and Afghanistan to target the untapped market; Central Asia which is the whole point of Chabahar port to begin with?

 

[wiseone2]

Or gateway through Iran and Afghanistan to target the untapped market; Central Asia which is the whole point of Chabahar port to begin with?

it is a narrow project aimed at Afghanistan. Pakistanis look at Central Asia as a el dorado. there is not much in Central Asia.

 

[Kiss_of_the_Dragon]

There is no use for India. If there is some use please let us know

India is dreaming to have direct access to Afghanistan, Pakistan is the shortest and most convenient route ,sure you can claim that you have Chabahar...which a desperate no other choice solution.

CPEC not only ease Pakistan economy and military communication but erase India wet dream for ever to have direct access unless China grant India a passage via Xinjiang which will never happen. You will know soon once this project is complete if it is useful or not , India is likely the only one marginalized from South Asia, Central-Asia, China and Middle east connectivity, Pakistan is at the cross road of these 4 regions, money will fall from sky to Pakistan coffer with transit fee collection and business...

Even sneaky Japan is interested in CPEC despite they want to join India Africa corridor. I only hope you live long enough to witness the golden age of these regions which India will remain irrelevant and isolated.

 

[wiseone2]

India is dreaming to have direct access to Afghanistan but CPEC not only will easy Pakistan economy and military communication but erase India wet dream for ever. You will know soon once this project is complete and India is the only one marginalized from South Asia, Central-Asia, China and Middle east connectivity, Pakistan is at the cross road of these 4 regions, money will fall from sky to Pakistan coffer with transit fee collection and business...sure you can claim that you have Chabahar...which a desperate no other choice solution.

Even sneaky Japan is interested in CPEC despite they want to join India Africa corridor. I only hope you live long enough to witness the golden age of these regions which India will remain irrelevant and isolated.

We can trade with China, Middle East via sea.

There is a good historical reason trade went from land to maritime routes
That has not changed

 

[Kiss_of_the_Dragon]

We can trade with China, Middle East via sea.

There is a good historical reason trade went from land to maritime routes
That has not changed

Sure you can trade with China but China will not let India to access resource rich central Asia nor Afghanistan via Xinjiang.

 

[Chellam]

The reason it can be is because this has all happened before in the past. In the 1970's South American countries leveraged the future sale of oil at high prices to obtain Billions in loans for modernization. I think it was around $350Billion. Oil prices sank and they started defaulting. In the end US banks forgave much of their loans to avoid a complete panic.

30 years later (~2007) when Chavez saw oil prices high he did the exact same thing countries did back in the 1970's. This time he cut a deal with the Chinese. Critics of course called him a moron saying he apparently doesn't understand history and would destroy his country. Chavez of course called the US "the Devil" and basically said we just didn't want to see his country become "great under Socialism". Nobody listened and sure enough oil fell and now history has repeated itself. Venezuela used to have the best economy in South America...now it is a zoo...just like when things hit the fan in the 1980's in South America.

The question is will China write off the loans or squeeze them dry.

China write off the loans? Good Question

They will squeeze the last drop of the oil or they will occupy Venezuela but there is no way for write off

as per CNN report venezuela have to pay $20B to china
http://money.cnn.com/2016/09/30/news/economy/china-venezuela-finance/index.html

 

[wiseone2]

Sure you can trade with China but China will not let India to access resource rich central Asia nor Afghanistan via Xinjiang.

We can trade with Afghanistan via Chabahar

China write off the loans? Good Question

They will squeeze the last drop of the oil or they will occupy Venezuela but there is no way for write off

as per CNN report venezuela have to pay $20B to china
http://money.cnn.com/2016/09/30/news/economy/china-venezuela-finance/index.html

all it takes is a Venezuelan mob to set fire to the Chinese embassy or threaten to recognize Taiwan or threaten to invite Dalai Lama

third world potentates will learn soon which buttons to push to get the Chinese to cough up dough

 

[Hamartia Antidote]

China write off the loans? Good Question

They will squeeze the last drop of the oil or they will occupy Venezuela but there is no way for write off

as per CNN report venezuela have to pay $20B to china
http://money.cnn.com/2016/09/30/news/economy/china-venezuela-finance/index.html

They can easily write it off. $20B is nothing. Remember the writeoff was over $300B in the 1980's. That's probably close to $1 Trillion in 2017 money.

The stupid thing to do would be to buy their gold reserves. If they do that and Maduro leaves office and people see the gold vault is empty that will have negative PR ramifications across all South America.

Chavez had already pulled Venezuela's gold stored safely overseas back to Venezuela.
http://www.dailymail.co.uk/news/article-2027925/Chavez-orders-211-tonnes-gold-bullion-Venezuela.html

 

[Kiss_of_the_Dragon]

We can trade with Afghanistan via Chabahar

how convenient : you have to load merchandise to ship then unload to Chabahar, then load to train then go to Afghanistan when you can just load the merchandise to train then unload directly to Afghanistan.

all it takes is a Venezuelan mob to set fire to the Chinese embassy or threaten to recognize Taiwan or threaten to invite Dalai Lama

third world potentates will learn soon which buttons to push to get the Chinese to cough up dough

or better, they can just allocate a land for China to establish a military base and port for 100 years, so gradually we will write off their debt as US did with many countries....

 

[Chellam]

They can easily write it off. $20B is nothing. Remember the writeoff was over $300B in the 1980's. That's probably close to $1 Trillion in 2017 money.

The stupid thing to do would be to buy their gold reserves. If they do that and Maduro leaves office and people see the gold vault is empty that will have negative PR ramifications across all South America.

Chavez had already pulled Venezuela's gold stored safely overseas back to Venezuela.
http://www.dailymail.co.uk/news/article-2027925/Chavez-orders-211-tonnes-gold-bullion-Venezuela.html

china is not even ready to postpone the reply date for $1b, then how we can expect to write off

Sri Lanka requested to postpone repay date but China signed a deal with equity

but this case is different we need to wait and watch,

how convenient : you have to load merchandise to ship then unload to Chabahar, then load to train then go to Afghanistan when you can just load the merchandise to train then unload directly to Afghanistan.



or better, they can just allocate a land for China to establish a military base and port for 100 years, so gradually we will write off their debt as US did with many countries....

don't compare your mind set with the US, the US has more influence all over the world

for example:-
south Korea, they developed and so have a base in there,

your's invest in other countries not even started to earn the profit but you want to repay the amount if not then sign the deal to occupy the land

Your Example:-
Sri Langa