Imran Khan wins biggest trade favor from China

[HAIDER]

If USD reach 200, CNY will also increase proportionately as CNY is pegged against USD. Unless we increase our exports to China and achieve trade surplus we will remain in trouble.

Its very tough cookie, because Chinese domestic trade is sluggish due to US heavy increase in tariff. Convincing Chinese investor to move manufacturing industry to Pakistan ,,,well seems tough job. All wait for next US mid term elections.

 

[war&peace]

we are not out there to damage Dollar, we are there to look out for ourselves , Pakistan first ..
Good deal struct by Pakistan, much more was on the table , but its best to keep things slow

That's exactly what I want to say....some ignorant idiots may think oh the dollar has been destroyed blah blah crap. But the Pakistani economy is too small for that and it is even a smaller portion of trade so it won't affect dollar but it will help Pakistan and China.

 

[HAIDER]

Yes, but how does Pakistan get enough Yuans to pay for its dealings with China? If it can convert its PKRs into Yuan, great. If it needs to arrange for USDs to buy the Yuans, then not so great.

wait for term and condition. Hopefully Asad Umer from IVY league understand this issue. Otherwise he little bit disappointed me in Swiss cases.

 

[war&peace]

wait for term and condition. Hopefully Asad Umer from IVY league understand this issue. Otherwise he little bit disappointed me in Swiss cases.

Asad Umar is a trojan horse...he will disappoint the nation. His brother is in PMLn ..that's just opportunistic politics.

 

[VCheng]

wait for term and condition. Hopefully Asad Umer from IVY league understand this issue. Otherwise he little bit disappointed me in Swiss cases.

The devil hides in the details, as we all know.

 

[PakSword]

Pakistan needs to do two things..

1 - Fix Pakistani Rupee value to gold. Meaning.. Any country having Pakistani Rupees will have a guarantee to get gold.. and the value will remain the same. Today if a country has 50000 Rupees, later, that country will get 10 grams gold even after 25 years..

2 - Start extracting gold from Reko Diq, and print currency as the gold reserves increase to keep the value of the Rupee constant..

The world will start trading in Pakistani Rupee after that..

 

[war&peace]

Pakistan need to do two things..

1 - Fix Pakistani Rupee value to gold. Meaning.. Any country having Pakistani Rupees will have a guarantee to get gold.. and the value will remain the same. Today if a country has 50000 Rupees, later, that country will get 10 grams gold even after 25 years..

2 - Start extracting gold from Reko Diq, and print currency as the gold reserves increase to keep the value of the Rupee constant..

The world will start trading in Pakistani Rupee after that..

Asad Umar will never do that...

 

[valkyr_96]

If this is the case Pakistan will benefit only if the Chinese devalue their currency.

 

[HAIDER]

Asad Umar is a trojan horse...he will disappoint the nation. His brother is in PMLn ..that's just opportunistic politics.

How he handle Swiss 200 billion dollar case and refused to answer..... was extremely disappointing ... on top sympathy for Ishaq Dar policy ..... sona pa sohaga ....

 

[PakSword]

Asad Umar will never do that...

If anyone in Pakistan tries to do this, he will be assassinated by the butchers of the world

 

[war&peace]

If anyone in Pakistan tries to do this, he will be assassinated by the butchers of the world

So we need brave leadership who is not afraid of death.

@PakSword that's my biggest beef with P. Musharraf and his supporters when they defend his bending down on NRO and other issues because he was afraid of getting killed. The fear of death is making the country weak. What type of a soldier and what type of a Muslim he was?
A coward.

 

[PakSword]

So we need brave leadership who is not afraid of death.

IK is brave.. unfortunately, he has the team of cowards.... He has economic advisers who advise him to go to IMF.. or to apply temporary patches..

 

[war&peace]

IK is brave.. unfortunately, he has the team of cowards.... He has economic advisers who advise him to go to IMF.. or to apply temporary patches..

Of course IK is brave mashaAllah but he is surrounded by very strange people...

He has economic advisers who advise him to go to IMF.. or to apply temporary patches..

I think in the worst case, going to IMF for short term is not that bad either but I expected a better plan from them. Let's see how it plays out but one thing is sure that even if we have to go to IMF, it will be for a short term.

 

[valkyr_96]

Pakistan needs to do two things..

1 - Fix Pakistani Rupee value to gold. Meaning.. Any country having Pakistani Rupees will have a guarantee to get gold.. and the value will remain the same. Today if a country has 50000 Rupees, later, that country will get 10 grams gold even after 25 years..

2 - Start extracting gold from Reko Diq, and print currency as the gold reserves increase to keep the value of the Rupee constant..

The world will start trading in Pakistani Rupee after that..

Bad idea....none of our exports have an inelastic demand. We will trade trade our gold for Iphones, samsungs etc and no one will buy our goods. In the ensuing crisis, we might even end up eating our Prime Minister.
https://www.straightdope.com/column...ngry-dutch-kill-and-eat-their-prime-minister/

 

[the_messenger]

This is huge, as USD now is used as a weapon , a move away from that is good.
Trading in national currencies are aways a best protective shield against all US intervention.
Heck, even VN do it although we have huge anti-China sentiment in VietNam, letting the US hold your wallet and at the same time reverse all the rights to take it from us is madness.