What's new

How true is this? Pakistan, China enter final phase of talks regarding $6bn package

.
Different reports coming out everyday, don't know who to believe..
 
. . .
The #FakeNews factories are working overtime. Will have to wait a few days to get the right sense of direction.
Another 2 days, entire will know what Pak will quote to IMF. Then everyone can do their maths to derive China's help.
 
.
As long as we don't get to know about the detail of contracts/deals. It will always be a loss for Pakistan.
 
.
Another $6 billion added to the debt at what payback rates?

I know IMF loans are at best low rates of loans and it comes with checks and balances. Chinese are a double whammy. Highest rates and they force you to take the money they give you and spend 99% on their Chinese companies and their workforce on projects in the host country.


This is an honest question and academic question: Where would Pakistan have been in terms of growth, deficits and account balances if there was no CPEC? What was Pakistan's economic indicators before taking on 60 Billion dollars CPEC loan? Had there been an emphasis in taking a smarter smaller loan or diversified other efforts- would Pakistan have been better off?

At present, 47 percent of the foreign debts held by the Pakistani side come from multilateral financial institutions. The Chinese side has directly invested in or provided assistance for 18 out of the 22 projects of the CPEC, and offered Chinese concessional loans to the remaining 4 projects.
https://www.fmprc.gov.cn/mfa_eng/zxxx_662805/t1593886.shtml
 
.
At present, 47 percent of the foreign debts held by the Pakistani side come from multilateral financial institutions. The Chinese side has directly invested in or provided assistance for 18 out of the 22 projects of the CPEC, and offered Chinese concessional loans to the remaining 4 projects.
https://www.fmprc.gov.cn/mfa_eng/zxxx_662805/t1593886.shtml
Does not quite answer my question. Chinese sources and their government claims are unfortunately not credible. I rather hear from the Pakistanis who I believe have the right to investigate their government and its claims.
 
.
Fake news

according to pawn news and great freedom fighting free press journos it failed
 
.
Things not good for Ik , he is not a prime minister stuff ,feel sorry for him and for me my self coz I thought he is a rescuer but tuning out to be the opposite , whole system seems shaking, So China is a very cleaver country they will halts the things till the clouds of uncertainty shed,,
 
. .
Child watch your language. Don't cry when you get another warning! THIS is the final one!

What is wrong with my language. The term double whammy means two actions hitting you at once. There is nothing inappropriate about it. Are we getting warned because of not being familiar with colloquial American language?

It is well discussed and noted fact that along with Chinese loans and aid comes Chinese conditions to use their companies and workforce predominately. what exactly is " bad about my language" here?
 
.
What is wrong with my language. The term double whammy means two actions hitting you at once. There is nothing bad about it. Are we getting warned because of not being familiar with colloquial American language?
No because you have been reported several times today alone!
 
. .
okay, people being upset I get but you are supposed to be the fair judge. People report when they don't like someone's opinion. Does not mean it was bad language

If you have a point make it clear.

If you want join a conversation :
1st make yourself familiar with the subject at hand instead of asking basic questions...Or if you have an interesting question back it with substance of what caused the curiosity
2nd be respectful to everyone.
3rdly, try not insult a whole people! You cant write generalized BS like Chinese are like this, Pakistanis are like that without some proof or some substance to back it!
4thly, Learn some manners it will take you to great places!

Good day!

people being upset
Then stop upsetting people!
:enjoy:

EXACTLY what I am warning you about! Now behave!
 
.

Pakistan Affairs Latest Posts

Country Latest Posts

Back
Top Bottom