‘CPEC could become another East India Company’ IF interests not protected

[خره مينه لګته وي]

Russia don't share border with India same as US don't border with Pakistan. But China have border with Pakistan and to secure it's silk route she will take every steps.

USA dont have borders with EU countries & still their army is stationed there & invested billions of dollars but the question is what wud you call them ?? Slaves? EU is under U.S control ? They signed treaties & it works for them & they have understanding with each other's & they cooperate with each other in every field, so what is the problem if we are moving forward & strengthening our relationship with China & I'm in favor to have a same defence deal with China which usa & india signed earlier...2011, the then prime minister, Yousaf Raza Gilani, expressed a desire to sign a defence deal with China during a trip to Beijing. At the time, the Chinese leadership advised Pakistan against such an agreement fearing that it might create a strain in Islamabad’s and Beijing’s relations with both Washington and New Delhi..

How much India investmented in Bangladesh in last 3 decades ?? Any figures ?? It seems they dictate your foreign policy ?? I'm right ?? China assured to give a whopping 20+ billion $$ loans to Bangladesh but what makes you think that they're not capable of invading your country??

Russia don't share border with India same as US don't border with Pakistan. But China have border with Pakistan and to secure it's silk route she will take every steps.

We also share border with India what they can do except crying??

 

[war&peace]

Whenever there is a lack of transparency around any project, it gives a way to the suspicions to grow and given the corrupt and highly deceptive past and present of the Patwaris in power, these concerns are genuine and since CPEC is an economic project, it must be open and all the information available to the masses. Further, it should be handed over to army not only for transparency issues but also for speedy completion of the project.

 

[SQ8]

There are a lot of doubts on the implementation of CPEC which are valid. More importantly how the project has been tailored to provide maximum benefit to a single province.

 

[halupridol]

One way or other,elite bussiness ppl n ppl in power(both khaki - khaddar) will benefit,,not so sure abt the commoners.specially the tribal folk.

Tribal ppl of kpk baluchistan shud be very careful abt thr land,,,lease thm,never sell thm.look at similar projects over the world,,u will notice tht its always the tribal folk who end up with the worse bargain,,i have seen how civilized ppl cheat tribals.make it very difficult for an individual to sell land on thr own.permission frm village council/panchayat/jirga shud be made mandatory for such sales even if it is sold to govt. N be wary of corrupt leaders within ur own communities.

 

[LeGenD]

Whenever there is a lack of transparency around any project, it gives a way to the suspicions to grow and given the corrupt and highly deceptive past and present of the Patwaris in power, these concerns are genuine and since CPEC is an economic project, it must be open and all the information available to the masses. Further, it should be handed over to army not only for transparency issues but also for speedy completion of the project.

Yes, this is the point.

 

[Dungeness]

Coming from Pakistani law makers, this is serious matters.

Don't worry. Chinese are not Brits, and Pakistanis are certainly not Indians.

 

[barbarosa]

One way or other,elite bussiness ppl n ppl in power(both khaki - khaddar) will benefit,,not so sure abt the commoners.specially the tribal folk.

Tribal ppl of kpk baluchistan shud be very careful abt thr land,,,lease thm,never sell thm.look at similar projects over the world,,u will notice tht its always the tribal folk who end up with the worse bargain,,i have seen how civilized ppl cheat tribals.make it very difficult for an individual to sell land on thr own.permission frm village council/panchayat/jirga shud be made mandatory for such sales even if it is sold to govt. N be wary of corrupt leaders within ur own communities.

All those people * you mentioned in your artical * Respect China and Chinese people.

 

[WhyCry]

Don't worry. Chinese are not Brits, and Pakistanis are certainly not Indians.

What you mean that they are not indians?? Do you mean to say they came from arab on donkeys?

 

[Manidabest]

majority of law makers r corrupt in Pakistan soo we dont take their statements soo seriously

 

[danger007]

Whenever there is a lack of transparency around any project, it gives a way to the suspicions to grow and given the corrupt and highly deceptive past and present of the Patwaris in power, these concerns are genuine and since CPEC is an economic project, it must be open and all the information available to the masses. Further, it should be handed over to army not only for transparency issues but also for speedy completion of the project.

Army role in economic activities ain't that good.. There should Independent commission to deal with project like this..

 

[Sam.]

For the last thousands of years Chinese didn't or couldn't conquer other countries, rather they built a wall to isolate themselves. Will Pak be an exception???? good luck with that!!!

East Turkmenistan lol you are a joker and disgrace to Turkey.

 

[IceCold]

So much blind faith on China!

What has faith go to do with it. Its pure business and economics. Those having heart burns are not because they love Pakistan but because with such projects even areas like Balochistan which were under developed are now getting developed at full speed and entered into the main spectrum of economic activity of Pakistan. So yeah we take the nah Sayers with a pinch of salt.

 

[SDS1]

What has faith go to do with it. Its pure business and economics. Those having heart burns are not because they love Pakistan but because with such projects even areas like Balochistan which were under developed are now getting developed at full speed and entered into the main spectrum of economic activity of Pakistan. So yeah we take the nah Sayers with a pinch of salt.

Well yes pure Economics , we have seen when your railway buy china engines without testing and later China refused to take it back...pure business..
Tomorrow china will say , Electricity price will be 10Rs or 1$, you have to pay as you dont not have control over price fixing

 

[Qutb-ud-din Aybak]

actually these are the only projects in national history where money is not going into politicians pockets. that's their concerns. it's actually investment which will give return in long turn.

 

[Alternative]

What Pakistan actually gets is

• Energy crisis resolved - That we were not expecting even in 2040
• Dams finally built which will help in water storage, prevention of floods and cheap electricity
• Excellent road infrastructure of Motorways and Highways across Pakistan with multiple alternative routes for strategic purposes
• Carving out the deserts of Balochistan to link with rest of the country from various routes and finally connecting and bringing it on par with rest of the country.
• Creating millions of jobs in countless Industrial zones, road management, ports and energy projects
• Few billion dollars of tax each year for using the same infrastructure built by the Chinese (depending on the volume of trade of course)

Just a few benefits out of many

Interesting part is that China didn't invest in CPEC, they gave loan to Pakistan at fairly high rates and astronomically high ROI guarantee for infrastructure that will be primarily used by China, so whether the project succeeds or fails, China will earn its profits at the cost of Pakistan who is bearing all the investment risks.

What Pakistan will gain from it is not confirmed though, because the earnings from transit fees will go in servicing the loans, and the intangible benefits of better transit can only be realized if Pakistan develops enough manufacturing capabilities, which is more unlikely now given the fact that Chinese goods will flood Pakistani markets even more through CPEC, thereby killing the local industries further.

But it can be said without an iota of doubt that China will have extraordinary level of leverage over Pakistan through CPEC, Pakistan has taken huge loans from China at high rates and even higher (obscenely) ROI guarantees to develop a project for which they have only one primary client, China!! China can literally control Pakistan by controlling the use of that project, thereby effectively controlling the amount of transit fee that Pakistan can earn, but the interest and ROI burden for Pakistan remains constant....if I were a businessman, I would have been too uncomfortable to be in such a business deal.

@thesolar65 @PARIKRAMA @Spectre @Sky lord @Joe Shearer @scorpionx @hellfire @Levina @Nilgiri

It seems very unsound, but it is also true that it would have been difficult for Pakistan to get aid or investment for infrastructure development. From the point of view of building infrastructure, it is a good project.

From the point of view of losing autonomy and stacking the relationship full of pressure points, it is singularly dangerous.

Considering past history, Pakistan will withstand minor humiliations and trials for the sake of gaining some elevation with respect to what is now defaulting to be their sole enemy.

For the last thousands of years Chinese didn't or couldn't conquer other countries, rather they built a wall to isolate themselves. Will Pak be an exception???? good luck with that!!!

There are a lot of doubts on the implementation of CPEC which are valid. More importantly how the project has been tailored to provide maximum benefit to a single province.

This thread is un-believable:
China is giving us soft loans to develop infrastructure, Motorways, roads, pipelines etc... Which China itself us..
And if only 10-15% of China's trade passes through this CPEC.. mark my words....Pakistan will be netting more than twice the repayment of loan per annum as transit fees.

Hack, even Pakistan would had netted $500-600 Million per annum in transit fees if Iran-Pakistan-India pipeline project has gone through.

CPEC will be a tremendous success, only because it makes perfect business case: