Japan unveils massive $110 billion plan for Asia’s infrastructure to counter China

[Aepsilons]

BD is a long way off from being a "middle-income" country but we will hopefully get there one day with the help of friends like Japan and China.

Cheers to that buddy!

 

[Srinivas]

Pakistan has plan to invest 100 trillion in next ten years



Rs

Fine np !

 

[SHAMK9]

They should invest $60 Billion in Pakistan to counter China

 

[Aepsilons]

Fine np !

Long for the day Pakistan and India put down rivalry and pick up collective and fraternal codevelopment.

Imagine an aligned Pakistan and India? No power in the earth could threaten such an alliance.

 

[Tea addict]

Long for the day Pakistan and India put down rivalry and pick up collective and fraternal codevelopment.

Imagine an aligned Pakistan and India? No power in the earth could threaten such an alliance.

maybe in next millennium

 

[Jlaw]

LOL, Japan's public debt is almost 250% of its GDP. Yeah, none is "richer" than you.

List of countries by public debt - Wikipedia, the free encyclopedia

more reading
"The Japanese public debt exceeded one quadrillion yen (US$10.46 trillion) in 2013, more than twice the annual gross domestic product of Japan."

"Notwithstanding the stability of the market for Japanese government debt, the cost of servicing Japan's public debt uses up half of the state's tax revenues..."


Japan public debt - Wikipedia, the free encyclopedia

When you're a US lackey you are allow to print a lot of useless yen to a point without hyper-deflating your currency.

 

[Srinivas]

Long for the day Pakistan and India put down rivalry and pick up collective and fraternal codevelopment.

Imagine an aligned Pakistan and India? No power in the earth could threaten such an alliance.

India alone can lead and accomplish tasks that can bring peace and development. India has lot of potential in this regard.

But India wants other nations co operation.

Pakistanis are a different case, you will know them if you closely watch them. They have this delusion and false sense !

Regarding Pakistan ...... whether they are in or out ... won't make much of a difference !

 

[ChineseTiger1986]

That is because Chinese has 1.3 million people to feed , Japanese have 100 million. Japan can spend more .... Plus Chinese economy is inflated and is not 10 Trillion.

If our GDP is as 'inflated' as India's, then it would already be listed close to 20 trillion.

As our manufacturing base is 9 times larger than India's, yet we still list our GDP 5 times larger than yours.

List of countries by GDP sector composition - Wikipedia, the free encyclopedia

 

[Kylin]

So is Japan going to lend the money to counties without any pre-condition such as have to buy Japanese products with the money borrowed? Let alone the political ones.

Cause compare to Chinese products, Japanese products are usually 2 or 3 times more expensive while in infrastructure projects, Japanese have to reply on local man-power which usually could cause long delay of the project, in turn cause additional cost.

I'd say with $50 billion China can do much more than Japan's $110 billion.

 

[grand]

So is Japan going to lend the money to counties without any pre-condition such as have to buy Japanese products with the money borrowed? Let alone the political ones.

Cause compare to Chinese products, Japanese products are usually 2 or 3 times more expensive while in infrastructure projects, Japanese have to reply on local man-power which usually could cause long delay of the project, in turn cause additional cost.

I'd say with $50 billion China can do much more than Japan's $110 billion.

japan competing with china on infrastructure? good luck to them . actually, we should welcome japan investing in infrastructure as china's goal is to increase asian infrastructure by building road and railway to facilitate china's trade. japan as an isolated island nation will benefit little from this but instead will greatly aid china's ultimate goal.

 

[Kiss_of_the_Dragon]

I agree! India is ripe for investment, plus, we cannot deny the massive Indian market.

With China becoming more hostile, we might have to start moving our production centers from China to ASEAN and India. Where the population is more receptive and less hostile, politically.

LMAO, China is certainly not welcome an hostile Japan to invest in our soil neither and earn money from our people, the faster Japanese compagnies go else where the better for China, there is alot of friendly nations such Korea (Samsung), Germany...even our foe such US are more than happy to see Japanese compagnies leave China and fill the vacuum...due to WTO rule, we couldn't just kick Japanese compagnies out...but if they volontairely take the leave...it's more than just a welcome.

 

[Kiss_of_the_Dragon]

A solid counterweight to the AIIB, well done Japan...

Counterweight?? this is just too funny, I guess you can't make the difference between national organisation and international organization such AIIB, now Japan is isolated, it has to use it own money to play solo to get infrastructure projects in Asia at it own risk while with AIIB we're collectively to share.the projects within member nations exclusively that Japan is not allowed to bit or take part.

And for your information, 3 of chinese infrastructure projects such Pakistan Economic corridor, Nicaragua canal and Brasil rail project are respectively 46, 50 and 52 billions which already excede this Japanese's 110 billons infrastructure investment amount...now tell me what it's the big deal about Japan's plan??

 

[cirr]

This is great news。

Let's start an Asian infrastructure investment boom。

And the country that will benefit the most 20 years down the road is China。

All roads lead to Huaxia。

When all is done and over，the yuan will become the global reserve currency by default.

 

[Economic superpower]

Building infrastructure in Asia ultimately benefits Chinese trade as it connects the Chinese market to the rest of Asia. No other Asian country has the market size of China nor the manufacturing base.

$110 billion for 5 years by Japan is not much.

China Development Bank alone lend money for infrastructure in the multiple billions every year. That's not counting the other big banks in China which also fund infrastructure projects.

Japan will bankrupt itself worse than it is now by trying to match Chinese money. Chinese development banks, foreign reserves and sovereign wealth funds combined has money in the multiple trillions.

China is also adding about $1 trillion worth of GDP output per year even at 7% growth. Japanese economy will be the size of the Shanghai economy in a few years time.

Japan is bringing a knife to a gun fight if they think they can outcompete China in funding and building infrastructure all around the world.

 

[ChineseTiger1986]

Building infrastructure in Asia ultimately benefits Chinese trade as it connects the Chinese market to the rest of Asia. No other Asian country has the market size of China nor the manufacturing base.

$110 billion for 5 years by Japan is not much.

China Development Bank alone lend money for infrastructure in the multiple billions every year. That's not counting the other big banks in China which also fund infrastructure projects.

Japan will bankrupt itself worse than it is now by trying to match Chinese money. Chinese development banks, foreign reserves and sovereign wealth funds combined has money in the multiple trillions.

China is also adding about $1 trillion worth of GDP output per year even at 7% growth. Japanese economy will be thee size of the Shanghai economy in a few years time.

Japan is bringing a knife to a gun fight if they think they can outcompete China in funding and building infrastructure all around the world.

Japan doesn't possess any monopolistic technology, so they aren't that good as they use to believe.

Their technology can be easily substituted by other nations'.