Mr. Orangzaib, the best thing Pakistan can do right now is become China's Canada, since you are from the US you will know what i mean. The self-reliance and 80% home production things sound really good but we have to work very hard in the right direction for a few decades to achieve all that. We will need a strong China at our side as we grow because we have bigger adversaries.
Mr. Osama86: You've said it yourself. Pakistan needs to be Chinese Canada. I COMPLETELY agree with it. That's exactly what I was trying to say. However, you may want to know that Canada has its own economy. For example, when the financial markets melted the hell down from 2008-2010, Canada was among a couple of countries across the world that weren't impacted as they have their own systems.
The point is, Canada is a separate country and it does free "BILATERAL" trade with the U.S. Meaning both country buy and sell products to each other not just one country buying everything from the other. Isn't that what happened with the U.S. for over six decades?
'Bilateral Trade' is what I was talking about when I said focus on local production. Buy from the Chinese and get the co-production / TOT rights. Not just buy it because the senior politicians get kick backs. Look at India (no, I am not an Indian but I am in global businesses for a long time so I do deal with other countries). So, India for years didn't buy any foreign equipment unless it comes with TOT. Result, you boost your local economy. So, similarly, Pakistan has a much weakened financial system. Buy buying from China and MAKING China invest into Pakistani economy, you'll create jobs and eventually move to a more stable state and it will help with internal stability and to control the whole political and religious mess the country's in as people will have jobs and their focus will be to get a better life for their families instead of getting involved in crimes, etc (look at Karachi). So local production may be difficult to consider, but remember, nothing is given in a plate. You have to make it happen. Someone somewhere has to start thinking about what helps the country financially and helps in betterment of its people's lives.
As far working hard is concerned, yes, hard work is and will always be needed. If you Google American labor's productivity, you'll be shocked how much people work in this country but then there is reward. America wasn't always like this, especially post WWII, people made it the superpower and those people were not too much more than Pakistan's population (U.S is about 330 million and Pakistan is almost 200 million). So if Pakistani focus for a few decades and work hard and if they achieve half the size of U.S's economy due to smaller population...imagine where the country would be. BUT, people need to focus on getting work in Pakistan. Not just pay for it. This is not just for Chinese products, I am saying it in general.
But China can help Pakistan manufacturer small things easily and still make a profit by selling it out under made in China and plus, joint venture with Pakistan on military projects (some of them are already underway). Is Pakistani leadership interested in doing these things for the betterment of Pakistan? God forbid if Pakistani people start becoming real educated and the economy starts to take off....who's going to vote for them as people will start to understand what they've been put under for over six decades by these bast**** politicians!!! These politicians should be treated as treason criminals as they are wasting such a talented nation and dividing it into hate, religion and politics!!
I think we should open a different thread on these issues as they don't pertain to this thread. If you guys want to debate about it, PM me and I'll open up a new thread on economic growth and local production. Otherwise, we should get back to JF-17 as this was the thread to discuss everything about JFT>