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I have some doubts about the scale and timing of the investment. There is no report in Chinese media. The Tengzhong Heavy Engineering Corp. made a deal of 150m USD to acquire Hummer model from GM last year but was rejected by Chinese regulatory authority. The company isn't very big and there must be involvement of other financial Institutions and Chinese government.
However, the product lines of Tengzhong seem to be quite modern and may have good market potentials.
http://www.sctengzhong.com:8080/tengzhong/weben/cp.jsp
There are some news you feel like believing it. But this is not that kind of news that you can easily believe. I read about other major projects who were far smaller comparing to this 50 dollars invesment but they never formed reality.
50 dollars in next 10 year is like 5 dollars per year and that is never going to happen.
I don't understand why would china invest in pakistan?
Setting of factory in pak does not make any business sense to me.
China has vast land and dead cheap labor. no country beat them, thats reason world manufacturing plants are there.
I don't understand why would china invest in pakistan?
Setting of factory in pak does not make any business sense to me.
China has vast land and dead cheap labor. no country beat them, thats reason world manufacturing plants are there.
Actually the chinese were about to leave then i told them that if you invest the INDIAN_HERO guy will be so pissed off and keep hitting his head with the wall until he go nuts. So the chinese replies "really that scumbag". (I didn't say that chinese guy did so dont report me). I replied yes. so he said it will be an honour to invest in punjab.I don't understand why would china invest in pakistan?
Setting of factory in pak does not make any business sense to me.
China has vast land and dead cheap labor. no country beat them, thats reason world manufacturing plants are there.
it will be great if this happens but 50bn $ sounds quite exaggerated.
btw where is the link?
totally Killed it man ,Actually the chinese were about to leave then i told them that if you invest the INDIAN_HERO guy will be so pissed off and keep hitting his head with the wall until he go nuts. So the chinese replies "really that scumbag". (I didn't say that chinese guy did so dont report me). I replied yes. so he said it will be an honour to invest in punjab.
HAPPY NOW.
the links has already been providedLink please?????????
1. Also, so less jobs creation with such big investment?????
2. The chinese want to manufacture everything in china and they have got cheapest labor and infrastructure, so can anyone plz explain what type of projects, industries they are planing.
3. If one go by land area it is huge 1,00,000 acres
The 100000 acres = 400 km²
so china will own 400 squire kilometer of Punjab that is huge what they will build on that vast land?
4. The Punjab is the most fertile land if converted to industries the agriculture will get affected.
totally Killed it man ,Actually the chinese were about to leave then i told them that if you invest the INDIAN_HERO guy will be so pissed off and keep hitting his head with the wall until he go nuts. So the chinese replies "really that scumbag". (I didn't say that chinese guy did so dont report me). I replied yes. so he said it will be an honour to invest in punjab.
HAPPY NOW.
Yes, I have the same opinion with you,Tengzhong is the company who wanna buy Hummer from GM, Hope this company in Sichuang province wouldn't let our Pakistan friend down
Link please?????????
1. Also, so less jobs creation with such big investment?????
2. The chinese want to manufacture everything in china and they have got cheapest labor and infrastructure, so can anyone plz explain what type of projects, industries they are planing.
3. If one go by land area it is huge 1,00,000 acres
The 100000 acres = 400 km²
so china will own 400 squire kilometer of Punjab that is huge what they will build on that vast land?
4. The Punjab is the most fertile land if converted to industries the agriculture will get affected.