India talks about infrastructure, China builds it...

[Han Patriot]

No one is denying that fact, but the sector has witnessed unprecedented meltdown due to falling prices and weakening demand both domestic and international. Your real growth rate is contracting, from 10.1 percent in 2010 to 6 percent in 2016. And don't forget that your economy is export oriented unlike ours which is based on domestic consumption.
So China urgently needed to give a fillip to its domestic manufacturing, hence all the investments in high risk sectors. The Chinese are desperate beyond imagination hence the pressure on India to join their infra projects like BRI and OBOR. BUT WE HAVE CAUGHT YOUR BLUFF.

Bro, I am lazy arguing this many times, please look at the scale of the Chinese domestic market and our economic structure and learn about OBOR initiative, it is essentially to create a new economic sphere based on Yuan. China will not jus export but also import more than before in Yuan, we are essentially doing a dollar hegemony here, what makes you think we can't afford to have a trade deficit if it was denominated in Yuan?

 

[OnlyTheTruth]

It will be viable once there is a naval base. They can use the lease to repay the debt. The airport would also be viable as a dual use airport.

Do you even realise that you are validating my argument..

 

[Han Patriot]

Do you even realise that you are validating my argument..

Who is arguing with your argument.

 

[OnlyTheTruth]

Bro, I am lazy arguing this many times, please look at the scale of the Chinese domestic market and our economic structure and learn about OBOR initiative, it is essentially to create a new economic sphere based on Yuan. China will not jus export but also import more than before in Yuan, we are essentially doing a dollar hegemony here, what makes you think we can't afford to have a trade deficit if it was denominated in Yuan?

OBOR has twin objectives, strategic and economic. I have already discussed the economic part.

Coming to strategy, China knows very well that India rules the IOR, and the transit through Malacca is contingent upon maintaining warm Indo-China ties. Also, there is the small matter of the ongoing dispute in the South China sea.

OBOR, and the CPEC project under it is an insurance policy for the Chinese in the event of any blockade in their sea transit routes. Then would then be forced to use the expensive land based infrastructure for trade.

Of course, OBOR is essential for China to tap into the markets of Central Asia but Afghanistan remains as the proverbial thorn in the foot. Unless situation in Afghanistan normalise, China can kiss that dream goodbye. Hence, all the quadrilateral negotiations and all, but don't think that US will remain a mute spectator.

Who is arguing with your argument.

So you agree on China's hideous imperialistic designs?

 

[rcrmj]

That's is because their manufacturing sector has been in doldrums for some time now. What else would explain their risky infrastructure investments(though with ulterior motives) in the failing economies of South Asia like Pakistan and Sri Lanka, also the Ghost Cities over there. They are counting on infrastructure projects to bail themselves out of the mess.

an ignorant slumg0g tries to be China "expert"```lol

 

[OnlyTheTruth]

an ignorant slumg0g tries to be China "expert"```lol

Few comments on the harsh reality of OBOR and CPEC and the gutter rats come running out of slumber..

 

[Dungeness]

an ignorant slumg0g tries to be China "expert"```lol

And he is not alone. "Admire turned Jealousy then turned Hatred" is the prevailing mentality among our Indian friends here.

 

[OnlyTheTruth]

And he is not alone. "Admire turned Jealousy then turned Hatred" is the prevailing mentality among our Indian friends here.

Honestly speaking, we are in awe of our Chinese friends. Like how they managed to take their 'CENTURY OF HUMILIATION' in their stride to become a force to reckon with.

 

[Dungeness]

Honestly speaking, we are in awe of our Chinese friends. Like how they managed to take their 'CENTURY OF HUMILIATION' in their stride to become a force to reckon with.

Right, we Chinese do keep in mind our "century of humiliation". In the other hand, "thousand year colonization" was considered a legacy in the other major country.

 

[rcrmj]

Few comments on the harsh reality of OBOR and CPEC and the gutter rats come running out of slumber..

gutter rats``?lol are you calling your own creatures?``Indian's opinion has nothing to do with reality at first place, and you funny lot wants to reasoning with others with your Hindu "reality"```? can this be more of a joke?
so when are you going to talk about another reality that India is a factor drivem primitive society?

 

[dray]

That's is because their manufacturing sector has been in doldrums for some time now. What else would explain their risky infrastructure investments(though with ulterior motives) in the failing economies of South Asia like Pakistan and Sri Lanka, also the Ghost Cities over there. They are counting on infrastructure projects to bail themselves out of the mess.

No one is denying that fact, but the sector has witnessed unprecedented meltdown due to falling prices and weakening demand both domestic and international. Your real growth rate is contracting, from 10.1 percent in 2010 to 6 percent in 2016. And don't forget that your economy is export oriented unlike ours which is based on domestic consumption.
So China urgently needed to give a fillip to its domestic manufacturing, hence all the investments in high risk sectors. The Chinese are desperate beyond imagination hence the pressure on India to join their infra projects like BRI and OBOR. BUT WE HAVE CAUGHT YOUR BLUFF.

Precisely. OBOR is a Chinese infrastructure business disguised as trade route, sea lanes are a lot cheaper than road transport and preferred mode of transport for international trade.
Real fun will began when these nations start defaulting on Chinese loans and renegade from paying up....what China will do then?

 

[Han Patriot]

OBOR has twin objectives, strategic and economic. I have already discussed the economic part.

Coming to strategy, China knows very well that India rules the IOR, and the transit through Malacca is contingent upon maintaining warm Indo-China ties. Also, there is the small matter of the ongoing dispute in the South China sea.

OBOR, and the CPEC project under it is an insurance policy for the Chinese in the event of any blockade in their sea transit routes. Then would then be forced to use the expensive land based infrastructure for trade.

Of course, OBOR is essential for China to tap into the markets of Central Asia but Afghanistan remains as the proverbial thorn in the foot. Unless situation in Afghanistan normalise, China can kiss that dream goodbye. Hence, all the quadrilateral negotiations and all, but don't think that US will remain a mute spectator.


So you agree on China's hideous imperialistic designs?

India does not rule IOR, Americans rules IOR. Our aim was never about India, it was US all along, you are just a pawn in this game. Firstly, you got the economic wrong, it is not just about exporting excess capacity, it is to create a Yuan based economic belt where China can export and import in Yuan easily. It doesn't matter if we import more, we can print yuan, the same shit US is doing.

And the dependency on exports is not as high as you think it is, China's domestic market is a few magnitudes bigger than the Indian market. Please realize this. Once a yuan based system is established, we can import from these countries with no pain. Low level manufacturing can be outsourced to Bangladesh for example, the key here is all would be in yuan.

China is already tapping into Central Asia, look at those pipelines. Afghanistan is just one country in OBOR, our rail lines don't go through there. We can use CPEC to access Iranian gas through the IP pipeline, etc.

China actually invited US companies to join in, and they are joining in, it's about business bro, India is the only country who is not participating. Even Japanese companies are hoping to get a slice, why not, they came to the summit, only India didn't come.

 

[rcrmj]

Honestly speaking, we are in awe of our Chinese friends. Like how they managed to take their 'CENTURY OF HUMILIATION' in their stride to become a force to reckon with.

I have travelled to India few times, all of your elite they do seem to be very proud to speak their former master's language well, what cruel things the Brits must have done to your forefathers```

 

[OnlyTheTruth]

Precisely. OBOR is a Chinese infrastructure business disguised as trade route, sea lanes are a lot cheaper than road transport and preferred mode of transport for international trade.
Real fun will began when these nations start defaulting on Chinese loans and renegade from paying up....what China will do then?

Those nations are probably going to go the Sri Lanka way, one of them won't probably mind at all to become a dominion of China. Economic exploitation of Africa by China has become quite famous soon Pakistan will join the list.

I have travelled to India few times, all of your elite they do seem to be very proud to speak their former master's language well, what cruel things the Brits must have done to your forefathers```

T

India does not rule IOR, Americans rules IOR. Our aim was never about India, it was US all along, you are just a pawn in this game. Firstly, you got the economic wrong, it is not just about exporting excess capacity, it is to create a Yuan based economic belt where China can export and import in Yuan easily. It doesn't matter if we import more, we can print yuan, the same shit US is doing.

And the dependency on exports is not as high as you think it is, China's domestic market is a few magnitudes bigger than the Indian market. Please realize this. Once a yuan based system is established, we can import from these countries with no pain. Low level manufacturing can be outsourced to Bangladesh for example, the key here is all would be in yuan.

China is already tapping into Central Asia, look at those pipelines. Afghanistan is just one country in OBOR, our rail lines don't go through there. We can use CPEC to access Iranian gas through the IP pipeline, etc.

China actually invited US companies to join in, and they are joining in, it's about business bro, India is the only country who is not participating. Even Japanese companies are hoping to get a slice, why not, they came to the summit, only India didn't come.

It is not about exporting excess capacity or titling the BoT in your favour. OBOR and CPEC has always been about the Chinese looking to park their excess capital. Interests rates around the western economies are very close to zero, you own People's Bank of China is offering a measly rate of return as your Government is trying to boost the firms consumption. What were you to do with the excess capital lying around. What better way than to invest in Pakistan and other such economies where you are assured a certain rate of return, which is more that what the west or your own country can give. So you see, it's all in the money.

And it will be quite a while before you can even start dreaming of surpassing USD as the preferred hard currency.

 

[JohnyD]

India has a different system than China..we cant follow the Chinese mode of operandi..you should understand that basic difference! And no doubt, India is doing quite well despite too many legal and social hurdles in getting the clearances for mega projects!

GLOBAL INFRASTRUCTURE INVESTMENT INDEX 2016