Is CPEC the next East India company ?

[Rajesh Singh]

They are worried as they cant see Pakistan becoming strong.

The project has shaken india to its core , in the context of Pakistan. They tried there best from first supporting terrorism in Balochistan, than sending terorist like Kulbhushan yadev to sabotage the project. When all those tactics failed, India tried to build a port in Iran ( chah bhar) to counter Gwader. They have repeatedly given statements against the project. At one point , bypassing Pakistan India also send some fruits via air cargo to Afghanistan. Lately they have been working via propaganda against the project through social networking sites. At one incident where a Chinese worker was arguing with a Pakistani policemen ( who was later deported to China) was portrayed as Chinese taken over Pakistan.


The propaganda will continue but it has to be countered. A special cell in RAW is working solely to sabotage CPEC.


Haha oh no its India who is the winner. Its Modi G's master stroke to trap Pakistan in CEPC. All those motorways , bridges , power plants , fiber optic, airport , water purification plants , economic zones are all fake, photoshop images . You fool Pakistanis , there is nothing on the ground. If you want to see what development is, look at india.

You don't need Enemy like Modi ji, if you already have friend like China with Her CPEC PLAN..

THIS is your party.....enjoy till you will start blaming to China just like US now for every issues

 

[bolo]

How can linking seaport, building roads connecting many countries and overall infrastructure a bad thing? Maybe that is considered a bad thing in India?

 

[bananarepublic]

Is CPEC the next East india company ?
Maybe.
Is india a shitty country ?
Possibly .
Find out in the next episode of Indian propaganda directed by the best of Bollywood.

 

[hazzam]

How can linking seaport, building roads connecting many countries and overall infrastructure a bad thing? Maybe that is considered a bad thing in India?

if a colonial power does it then it is alarming , chinese will use it free , on your money because chinese have given you loan .

You don't need Enemy like Modi ji, if you already have friend like China with Her CPEC PLAN..

THIS is your party.....enjoy till you will start blaming to China just like US now for every issues

they will realise it when their is no point to return .

 

[xyx007]

There's a lot of indian's propaganda going on against of CPEC. There are Four reason why CPEC will not be another EAST India Company and these points are enough to shut their mouth.
1)Different economic policies
First is the difference between the economic policies of the imperial Britain and the People’s Republic of China.Although it ostensibly is a communist country, practically the Chinese state functions through the principles of capitalism. While it is true that under capitalism, the primary purpose of enterprise is to make profits and not some altruistic goals to serve others, it is fundamentally different from “All for us, nothing for them” approach. It rests on bringing some amount, if not the ideal amount, of economic prosperity to the indigenous population in order to bring stability and sustainability.

2) China in Africa
Secondly, we might be able to better understand how China operates by looking towards its involvement in other regions, specifically Africa. While EIC cemented its power in the sub-continent through brutal force and no regard for the well-being of local population, China’s approach has been to expand its influence around the globe through economic prosperity rather than military might.

3) Pakistan is no ‘golden sparrow’
A third reason why CPEC is different from EIC is that there was no yearning for foreign investment at the time by the Mughals when EIC worked its way in. In fact, it was the other way around, as the British had their eyes on the riches of the sub-continent, whose share of the world income stood at 27% in 1700 AD (compared to Europe’s share of 23%) – which plummeted to 3% in 1950 when the British finally decided to leave.
However, prior to the investment that CPEC brought in, Pakistan was no ‘golden sparrow’ for China to eye. Along with its dwindling economy, massive energy shortages, grave security concerns, Pakistan had an image problem which had kept foreign investment far away from reach hence the need is Pakistan’s.

4) Local checks and balances
Fourth are the checks and balances which formal institutions such as courts and regulatory authorities will provide. While Pakistan might not possess ideal institutional checks and balances, however, it does retain a fairly independent political and institutional structure which did not exist in colonial period.

 

[HariPrasad]

Lol oh the desperation. You are already out of OBOR project, dont worry about Pakistan.

Who said that I am worried. Infact I am happy the way CPEC is progressing.

 

[bolo]

if a colonial power does it then it is alarming , chinese will use it free , on your money because chinese have given you loan .

Do you know what a loan is? Chinese use it for free? Again I'm not understanding Indian logic.

 

[Sine Nomine]

Gone are the days when the foreigners would step on a land for the sole purpose of invasion and colonisation. They don’t set up their military bases now in foreign lands, but they are rather interested in setting up their businesses overseas.

Libyan,Syrian,Iraqi,Afghani, palestinian and kashmiri people havn't agreed on whatever writer has wrote.

 

[zip]

Do you know what a loan is? Chinese use it for free? Again I'm not understanding Indian logic.

Indian logic is Pakistan will do opposite to whatever we say and hence if we want you to jump in to check then naturally we shed crocodile tears .. reverse but logical.

 

[UnitedPak]

Indian logic is Pakistan will do opposite to whatever we say and hence if we want you to jump in to check then naturally we shed crocodile tears .. reverse but logical.

Wow, 4D chess indeed. If only you would put this much thought into building toilets for your country.

 

[Clutch]

By Dr Aynul Hassan

The writer is Former Director, Macroeconomic Policy and Development Division, United Nations.



PEOPLE have often raised concerns about the CPEC being the next East India Company. But, much to their dismay, they have been proven wrong time and again. We now live in a globalised world where the countries are interdependent to fulfil their needs. Gone are the days when the foreigners would step on a land for the sole purpose of invasion and colonisation. They don’t set up their military bases now in foreign lands, but they are rather interested in setting up their businesses overseas. The Belt and Road Initiative (BRI) is based on the win-win philosophy of Confucius.

With the successful execution of CPEC, both Pakistan and China are going to reshape the future of the economic world. China will have all that it needs at the moment to make its presence felt in every corner of the world; more seaports and direct routes to connect with different parts of the world, cutting down the shipping costs etc. Pakistan will see phenomenal growth in its infrastructure, energy and telecommunication sectors.

BRI bids to enhance regional connectivity and cooperation and to address the Infrastructural Gap of 68 countries across the Asia Pacific area and Central Asia and Eastern Europe. Thus, it has the potential to accelerate the economic growth. BRI has some of the largest infrastructure and investment projects in history, covering 65pc of the world’s population and 40pc of the global GDP as of 2017.

CPEC is a 3,218-km route, mainly consisting of, but not limited to, highways, railways, pipelines and energy projects. The project that had initially started off with a $46bn budget may now witness an increase which might take it to $75bn. Out of the total amount, a whopping $33bn will be for used for energy projects alone which will help Pakistan with its prevalent energy crises.

For China, its north-western landlocked region will become land and sea-linked through Kashgar, Gwadar and beyond. Its import cost of crude oil will decline significantly. More importantly, China’s further expansion of longterm trade with the West through Gwadar could be safe and secure as opposed to routes through the South China Sea or the Malacca Strait.

For many, CPEC is the gamechanger for Pakistan. Such are the expectations from the project on this side of the border. There is absolutely no doubt that it will help Pakistani traders get access to huge Chinese market that remains untapped to so many businesses in Pakistan.

With CPEC in place, one hopes that the large deposits of mineral resources will be extracted and made the most of. The tourism industry is also set to get a boost because of the opportunities that the CPEC brings with itself. Most of all, it will help create hundreds and thousands of jobs in Pakistan, resulting in significantly cutting down the problem of unemployment.

To implement CPEC in an optimal fashion, we need a development policy which ensures that peace, security and stability of the region are not compromised and there is scope for an averageeducated, healthy and disciplined workforce to perform duties on a mass scale. It should be ensured that the rule of law, accountability, meritocracy, transparency, good governance and business-friendly policies are in place for the successful execution of CPEC.

Once the aforementioned objectives are guaranteed, the work should be done to make the infrastructure better than ever because the CPEC will continue to play a critical role in the development of infrastructure across Pakistan.


Source: https://www.dawn.com/news/1409728

CPEC is the next Beat India Company!

 

[fanne]

Libyan,Syrian,Iraqi,Afghani, palestinian and kashmiri people havn't agreed on whatever writer has wrote.

right you are .

CPEC is the next Beat India Company!

pakistan should be cautious on which terms chinese are going to use cpec , you have to return back the money with interest , chinese will use this cpec free for twenty years.

Who said that I am worried. Infact I am happy the way CPEC is progressing.

problem here is only china is ready to invest in pakistan , no other country is coming with finance .pakistan has no other option.

 

[xyx007]

Question for all Indians that if CPEC Is not a game changer then why you're government is so concerned about it? Now please don't give me lame answers that because it passes through Kashmir kindly come up with some logic

 

[fanne]

Question for all Indians that if CPEC Is not a game changer then why you're government is so concerned about it? Now please don't give me lame answers that because it passes through Kashmir kindly come up with some logic

CPEC is game changer for pakistan ,as humbantota was for srilanka .

 

[xyx007]

CPEC is game changer for pakistan ,as humbantota was for srilanka .

Root cause of failed investments Hambantota
The key to take away here is to realise that China is no doubt a specialist in building infrastructure but it is primarily the responsibility of the loan-recipient country to conduct extensive project appraisal and feasibility studies.
One solid symptom of a weak business case is a lack of any Private-Public Partnership (PPP) based arrangements in project financing. If the primary funding of any infrastructure project involves only sovereign guarantees with no Special Purpose Vehicle (SPV) to isolate project-based cash flows, it is a ‘red flag’ that the business case is not market-driven and not lucrative enough for investors.

Unlike Hambantota, the CPEC project is spread all over the country and the Gwadar Port provides an ideal outlet for the landlocked countries of Central Asia which have expressed their willingness to use this port. Similarly, Russia has also evinced interest in reaching out to the world through this port. Being the architect of the CPEC, China is also surely going to benefit from the venture and Pakistan’s agreement to be part of it has also taken the relations between the two countries to a new level.