India offers USD1 bln loan to 'bailout' Maldives

[Yaseen1]

india should spend this amount on their public and reduce poverty instead of bailout to maldives they need first to bailout their own public

 

[kmc_chacko]

They will do same with pakistan.

Naa, their relation is expressed as "higher than Himalaya and deeper than Indian Ocean, sweeter than honey" but, I didn't understand the meaning of honey in that line, what they are actually referring to

india should spend this amount on their public and reduce poverty instead of bailout to maldives they need first to bailout their own public

Poverty can't be reduced in a fortnight but debt can be.

 

[GHALIB]

We are not like India or USA, flip flopping policy.. our policy is consistent.

Your pilicy is well known, systematic exploitation of poor countries of africa and asia, pakistan is waiting in que of srilanka, mynmar, indonesia, maldiv and many others of africa .

 

[beijingwalker]

Since India is so desparate to have a military base, let them have it as long as we can have our money back, Indian loans are better than Chinese loans always cause it comes with a military base, big plus for business.

 

[zip]

Since India is so desparate to have a military base, let them have it as long as we can have our money back, Indian loans are better than Chinese loans always cause it comes with a military base, big plus for business.

You people don't understand subcontinent mindset ..That's because of cultural difference I guess ..Your concept is plain practical approach , here people eat so much spices that they don't like anything plain ..They are full of emotions and very little substance ..Yet we lived happily with our emotions and that's what really matter ..

 

[Tom M]

Now, everyone can see who really has ulterior designs for Maldives, the one who'd been crying wolf is actually the real wolf, China never asked for military presence in Maldives, there's no need for China to do that, business is strictly business.
But anyway it's good for China that India can help Maldives to pay China back, now we don't have to worry about payment default.

Yeah, whatever. But the biggest and real difference is that we don't seek guaranteed returns (eg: Pakistan) or impose harsh takeover clause (like what happened in Sri Lanka) unlike our Chinese friends.

 

[beijingwalker]

Yeah, whatever. But the biggest and real difference is that we don't seek guaranteed returns (eg: Pakistan) or impose harsh takeover clause (like what happened in Sri Lanka) unlike our Chinese friends.

What can we get a Lanka port for? China actually is not happy to take this liability at all. If I have a big money losing business and give it to you for free, would you take it?

If India can help paying back the loans you guys can have that empty port any time. Didn't you already have an empty airport there?

 

[Tom M]

What can we get a Lanka port for? China actually is not happy to take this liability at all. If I have a big money losing business and give it to you for free, would you take it?

Sure, if it is really "FREE".

 

[beijingwalker]

Sure, if it is really "FREE".

Really, in China people will say no, if you have a big restarant but losing money big time, no one here in China will like to take it even for free. Maybe that's the different mentality between the Chinese and Indians.

When doing business in China, we believe dont't throw good money after bad.

 

[AyanRay]

IK would be really jealous of President Solih right now. He is getting USD1 billion without having to untie his pajama.

Big people are begging for bailouts while small people are bailing others out.

 

[Tom M]

Really, in China people will say no, if you have a big restarant but losing money big time, no one here in China will like to take it even for free. Maybe that's the different mentality between the Chinese and Indians.

When doing business in China, we believe dont't throw good money after bad.

Well, nobody can stop me from dismantling and selling out all movable as well as immovable assets of the entity i receive for FREE and fetching some money from that "for free". LOL

 

[LASER1]

We are not like American or Indian who claim one thing but do the others..

You're just like them or worst. Just that, you don't have the military size (and balls) to fight an overseas conflict.
Besides, you're just acting like a colonizer, the way British colonized countries was burying them in debt and asking them control over ports and other businesses. Which is exactly China trying to replicate all around the world.

Speaking of your honesty, you militarized an artificial Island you created in the middle of nowhere, because some Chinese used to fish in the past. Which btw you promised you will not militarize Island but to do research.
Or China will not use debt to force countries into giving away land exclusively to China which is what you're doing in Africa. The whole country is trying to replicate the west (including communism) so, don't claim saint.

 

[beijingwalker]

Well, nobody can stop me from dismantling and selling out all movable as well as immovable assets of the entity i receive for FREE and fetching some money from that "for free". LOL

But the agreement is you can't sell it and also no one wants to buy, still want it.? That's what China has to deal with this empty port now.

 

[Qutb-ud-din Aybak]

So it's actually India using debt to control countries not China.
Giving loan and that too on interest and also seeking military presence.
China never demanded military presence or any other strategic cooperation from anyone as a bargain.

 

[Nike]

Your pilicy is well known, systematic exploitation of poor countries of africa and asia, pakistan is waiting in que of srilanka, mynmar, indonesia, maldiv and many others of africa .

If Indonesia with trillion US DOLLAR economy and GDP percapita and income around 4000 US DOLLAR considered as poor by Indian i dont know what it mean to live in India with 1800 US dollar percapita income