CPEC - stalled and lost momentum?

[PAKISTANFOREVER]

CPEC will work if Chinese buy Pakistani products

But the CPEC projects are structured to pay Chinese companies and workers for their services
The only problem is that Pakistani populace will be paying the bills unless Chinese government decides to take a haircut on the loans

If infrastructure is a criteria for success Saudi Arabia will be world class industrial power

So an indian really knows all this do they?.......... ...........as typical indian you also have 0 evidence for the above.........

 

[Indus Pakistan]

CPEC creates a corridor, it is not planned to end in Pakistan.

If you read my opening post you would know this is exactly my point. Despite 5 years plus of CPEC no corridor has been created. All we have is a port with almost know transport infra connecting it with the hinterland. Gwadar is thus like a beached whale with rusting cranes that see a ship once every month - even that to keep up the pretence.

 

[Norwegian]

this Government is just not doing anything on CPEC

Maybe you can pay for trade deficit and debt CPEC projects take on.

 

[Muhammad Omar]

Maybe you can pay for trade deficit and debt CPEC projects take on.

LOL most of the CPEC Project made are on BOT basis (Build Operate and Transfer) they are still under China and will be transferred to Government of Pakistan after 25 years when they'll get their money invested back from the projects itself along with 2.5% interest rate

About Trade deficit well the government shouted they have reduced the trade deficit so what's stopping them to restart the projects??

The current government can't even finalise the terms and conditions or SOP for starting the new projects with China that's why they send BAJWA sahab to China again and again but yet Chinese are reluctant

Why do you think even after giving many deadlines about the construction work or ground work of Rashakai Economic Zone to initiate they still are unable to start the construction of Rashakai Economic Zone

 

[Ghost Hobbit]

Is this sarcastic?

Literally every country listed here has more freedom and more prosperity for its citizens than China...

Isn't it strange? I've been listening about game changer CPEC for about 15 years. The principle was build it and people/ industries etc. will come. Now they've built some stuff (power plants and stuff) and the response has been null. You didn't need to spend 45 billion to build a power plant and that harbor in Gawadar is the only port after hambentota to be completely empty. This clear looks like hambantota part-2 but with more massive losses.

LOL most of the CPEC Project made are on BOT basis (Build Operate and Transfer) they are still under China and will be transferred to Government of Pakistan after 25 years when they'll get their money invested back from the projects itself along with 2.5% interest rate

About Trade deficit well the government shouted they have reduced the trade deficit so what's stopping them to restart the projects??

The current government can't even finalise the terms and conditions or SOP for starting the new projects with China that's why they send BAJWA sahab to China again and again but yet Chinese are reluctant

Why do you think even after giving many deadlines about the construction work or ground work of Rashakai Economic Zone to initiate they still are unable to start the construction of Rashakai Economic Zone

maybe because it won't make a difference. The world is coming to realize that the chinese provide unrealistic assessments of projects under CPEC whose results are actually zero.

You wanna know why there is no silk road anymore...because there is no need for a silk road. Cost of transport by sea is 15% of the cost by land. Why would any manufacturer bother to send by land?

 

[Norwegian]

About Trade deficit well the government shouted they have reduced the trade deficit so what's stopping them to restart the projects??

This:

There will be current account crisis just like 2018 if govt fast speed CPEC

The current government can't even finalise the terms and conditions or SOP for starting the new projects with China that's why they send BAJWA sahab to China again and again but yet Chinese are reluctant

Yes Chinese are reluctant because they no longer have your Mian Saanp who bought anything China sold.

CPEC a gift from China to Pakistan: PM Nawaz | The Express Tribune

China waited for PML-N rule before making CPEC investment, claims PM Nawaz Sharif

tribune.com.pk

Why do you think even after giving many deadlines about the construction work or ground work of Rashakai Economic Zone to initiate they still are unable to start the construction of Rashakai Economic Zone

Why don't you ask Chinese coronavirus about it?

Isn't it strange? I've been listening about game changer CPEC for about 15 years. The principle was build it and people/ industries etc. will come. Now they've built some stuff (power plants and stuff) and the response has been null. You didn't need to spend 45 billion to build a power plant and that harbor in Gawadar is the only port after hambentota to be completely empty. This clear looks like hambantota part-2 but with more massive losses.

CPEC is a game changer for China because Pakistan only had debt growth after it was initiated.

 

[Kingslayerr]

Are majority of workers Pakistani in the whole project?

Jee han meri jan. ML1 alone is said to generate 150000 jobs 90% of which will be given to Pakistanis while 10% will be Chinese. Par ye bat india kahan phonchygi.

 

[Muhammad Omar]

This:View attachment 713215

There will be current account crisis just like 2018 if govt fast speed CPEC

Yes Chinese are reluctant because they no longer have your Mian Saanp who bought anything China sold.

CPEC a gift from China to Pakistan: PM Nawaz | The Express Tribune

China waited for PML-N rule before making CPEC investment, claims PM Nawaz Sharif

tribune.com.pk

View attachment 713216

Why don't you ask Chinese coronavirus about it?

CPEC is a game changer for China because Pakistan only had debt growth after it was initiated.

Ok so coronavirus is behind it that CPEC Stalled looks like coronavirus will stay till 2023 after that CPEC will restart again and gain pace

 

[Ghost Hobbit]

This:View attachment 713215

There will be current account crisis just like 2018 if govt fast speed CPEC

Yes Chinese are reluctant because they no longer have your Mian Saanp who bought anything China sold.

CPEC a gift from China to Pakistan: PM Nawaz | The Express Tribune

China waited for PML-N rule before making CPEC investment, claims PM Nawaz Sharif

tribune.com.pk

View attachment 713216

Why don't you ask Chinese coronavirus about it?

CPEC is a game changer for China because Pakistan only had debt growth after it was initiated.

Now that you have made a frank confession, it's time for us to make a frank confession too....why do you think India opposes belt and Road initiatives? Any economist can do the math that most of these projects are complete duds whose main purpose is to keep chinese laborers employed as their real estate industry slows down. Why do you think there are anxious and heart wrenching pangs in Indian establishment every time a project is announed under belt and road...

 

[Muhammad Omar]

Isn't it strange? I've been listening about game changer CPEC for about 15 years. The principle was build it and people/ industries etc. will come. Now they've built some stuff (power plants and stuff) and the response has been null. You didn't need to spend 45 billion to build a power plant and that harbor in Gawadar is the only port after hambentota to be completely empty. This clear looks like hambantota part-2 but with more massive losses.


maybe because it won't make a difference. The world is coming to realize that the chinese provide unrealistic assessments of projects under CPEC whose results are actually zero.

You wanna know why there is no silk road anymore...because there is no need for a silk road. Cost of transport by sea is 15% of the cost by land. Why would any manufacturer bother to send by land?

Well CPEC results are not actually zero for Pakistan

Electricity projects
Airports
Motorway
Mass transit projects
Dams

Are actually fruitful results of CPEC

 

[Norwegian]

Well CPEC results are not actually zero for Pakistan

Electricity projects
Airports
Motorway
Mass transit projects
Dams

Are actually fruitful results of CPEC

It's all well and good as long debt growth stalls. So far CPEC growth only led to external debt growth which is not sustainable

 

[Ghost Hobbit]

@Norwegian the reason India opposes Belt and Road is....money. See...they suckered India out of 10 Billion for these projects well before they were announced. We are trying our best to halt the proejcts because we are scared we will lose all that cash.

 

[Norwegian]

Ok so coronavirus is behind it that CPEC Stalled looks like coronavirus will stay till 2023 after that CPEC will restart again and gain pace

Why Noonies are in a hurry to complete CPEC? Is the debt and trade deficit money to finance CPEC coming from Mian Saanps personal accounts?

 

[Muhammad Omar]

It's all well and good as long debt growth stalls. So far CPEC growth only led to external debt growth which is not sustainableView attachment 713239

We can't blame CPEC only as most of the projects gives a time frame of 25 years to return the amount back with interest

Lack of increase of Export high imports and taking news loans for returning the previous are major factors

Why Noonies are in a hurry to complete CPEC? Is the debt and trade deficit money to finance CPEC coming from Mian Saanps personal accounts?

CPEC is not a debt trap

CPEC not a ‘debt-trap’ but a boon for Pakistan | The Express Tribune

Country reaps windfall economic gains since inception of corridor

www.google.com

 

[Norwegian]

Now that you have made a frank confession, it's time for us to make a frank confession too....why do you think India opposes belt and Road initiatives? Any economist can do the math that most of these projects are complete duds whose main purpose is to keep chinese laborers employed as their real estate industry slows down. Why do you think there are anxious and heart wrenching pangs in Indian establishment every time a project is announed under belt and road...

I am not against CPEC. It's a great development initiative for Pakistan and beyond. However its finance model needs revisiting as its pro China.

CPEC is not a debt trap

If it's not, why CPEC is stalled? Because Pakistan does not wish to go back to 2018 current account and debt crisis CPEC led to.