What's new

Newz Uganda: Chinese debt trap: How China is using loans to take over Africa’s natural resources

Therefore, many Chinese people are very confused and puzzled: Why is China lending money to foreigners? It is obvious that in China, the interest income of funds is very high.

What China is giving Pakistan is not a loan. It is actually Chinas investment. Pakistan cannot spend this money any where else but on projects of CPEC that is why mark up is low and Pakistan will pay this loan from the money it earns from Chinese trade transit going to China. This is some what of a balanced deal for both govts in which both China and Pakistan benefit. India thinks it is a trap but idiots don't know a shit about it.

Now how it helps Pakistan is that it will bring investment into Pakistan's economy. Like construction projects will buy raw material and hire labor from Pakistan and inject money into economy. This is a threat to USA and India the whole CPEC is designed to take Pakistan out of IMF and US influence. That is the actual butt hurt for USA and India.
 
.
On August 29, 1842, after the first Opium War (China banned Britain from smuggling opium to China, Britain was dissatisfied and launched the first Opium War),under the military threat, China’s Qing Dynasty was forced to sign the unequal treaty with the British Empire, the "Nanjing Treaty," and China ceded Hong Kong Island to the United Kingdom. This is the real loss of territory.

On October 24, 1860, China and the United Kingdom signed the unequal "Beijing Treaty" and ceded the south of the border peninsula of the Kowloon Peninsula to the United Kingdom.

On April 17, 1895, under the military threat, China’s Qing Dynasty was forced to sign the unequal treaty with the Japanese Empire, the Treaty of Shimonoseki, and China ceded taiwan island to Japan. This is the real loss of territory.

On June 9, 1898, under the military threat, the British forced the China Qing government to sign the "Hong Kong Extension Site New Treaty" , and China ceded the New Territories of Hong Kong to the British Empire. This is the real loss of territory.

Now that China is responsible for operating the port of Sri Lanka and creating profits for Sri Lanka, and this port become China's? ? ?

What China is giving Pakistan is not a loan. It is actually Chinas investment. Pakistan cannot spend this money any where else but on projects of CPEC that is why mark up is low and Pakistan will pay this loan from the money it earns from Chinese trade transit going to China. This is some what of a balanced deal for both govts in which both China and Pakistan benefit. India thinks it is a trap but idiots don't know a shit about it.

Now how it helps Pakistan is that it will bring investment into Pakistan's economy. Like construction projects will buy raw material and hire labor from Pakistan and inject money into economy. This is a threat to USA and India the whole CPEC is designed to take Pakistan out of IMF and US influence. That is the actual butt hurt for USA and India.
They know itwell ,they just want to tarnish the image of China and impede the development of economic corridor,otherwise they india will not borrow money for AIIB Bank themselves,they know this kind of loan is good.
 
. .
They know itwell ,they just want to tarnish the image of China and impede the development of economic corridor,otherwise they india will not borrow money for AIIB Bank themselves,they know this kind of loan is good.

The AIIB loan is a totally different ball game for India that is why they are screaming they want loan on same bases as Pakistan lol. India cannot got to Western lending any more that lending will come with restriction and economic plan. AIIB is the only route India has.
 
.
What China is giving Pakistan is not a loan. It is actually Chinas investment. Pakistan cannot spend this money any where else but on projects of CPEC that is why mark up is low and Pakistan will pay this loan from the money it earns from Chinese trade transit going to China. This is some what of a balanced deal for both govts in which both China and Pakistan benefit. India thinks it is a trap but idiots don't know a shit about it.

Now how it helps Pakistan is that it will bring investment into Pakistan's economy. Like construction projects will buy raw material and hire labor from Pakistan and inject money into economy. This is a threat to USA and India the whole CPEC is designed to take Pakistan out of IMF and US influence. That is the actual butt hurt for USA and India.
The People's Bank of China (China Central Bank) 2018 latest bank deposit and loan benchmark interest rate table

Various deposit rates (ordinary individuals):
Demand deposit 0.35%
Time deposit
Three-month deposit rate 1.10%
Half-year deposit interest rate 1.30%
One year deposit interest rate 1.50%
Two-year deposit rate 2.10%
Three-year deposit rate 2.75%


Various loan interest rates (ordinary individuals):
More than one year (including one year) loan 4.35%
One to five years (including five years) loans 4.75%
More than five years loan interest rate 4.90%
 
.
The People's Bank of China (China Central Bank) 2018 latest bank deposit and loan benchmark interest rate table

Various deposit rates (ordinary individuals):
Demand deposit 0.35%
Time deposit and deposit
Three-month deposit rate 1.10%
Half-year deposit interest rate 1.30%
One year deposit interest rate 1.50%
Two-year deposit rate 2.10%
Three-year deposit rate 2.75%


Various loan interest rates (ordinary individuals):
More than one year (including one year) loan 4.35%
One to five years (including five years) loans 4.75%
More than five years loan interest rate 4.90%

you are mixing domestic loans with international loans. Domestic loan rate is different from international loan rate.
 
.
These interest rates are the minimum deposit and loan interest rates that individuals need to face. If they want to apply for a loan, they often encounter interest rates that are raised by the bank.

Corporate loans generally have a 6%-8% interest rate. However, basically no one can apply for the benchmark interest rate. In general, banks will raise interest rates for profits. If the credit is not good, the loan interest rate will be higher.


China has loaned Venezuela 50 billion U.S. dollars, and now Venezuela still has 20 billion U.S. dollars unpaid to China.
I think there is no Chinese debt trap, but China has fallen into the Venezuelan borrowing trap. China should not loan money to Venezuela which is not a stable country. China is the owner of funds and China faces the biggest risk!
 
.
China has loaned Venezuela 50 billion U.S. dollars, and now Venezuela still has 20 billion U.S. dollars.
I think there is a Chinese debt trap, but China has fallen into the Venezuelan borrowing trap. China should not borrow money from Venezuela. China is the owner of funds. Instead, China faces the biggest risk!

Loans to Venezuela is no issue China will get oil if not the money and oil is money. The payment were stopped because Venezuela had an election and this was necessary to reduce US influence in the country.

Venezuela produces 1.66 M barrels per day that loan is no issue.
 
.
West is Churning out propagandas like hot cakes
 
.
Loans to Venezuela is no issue China will get oil if not the money and oil is money. The payment were stopped because Venezuela had an election and this was necessary to reduce US influence in the country.
China has unconditionally (no interest increase) extended the loan repayment period in Venezuela.
In this way, China, as the victim, was accused by the West and the Indians of economic aggression. Why are Chinese people always wrong?
I don't understand how China hurts foreigners. In addition to the Korean War, China repulsed the 17-nation army.

Or you can never liberate a brainwashed person? !
 
.
China has unconditionally (no interest increase) extended the loan repayment period in Venezuela.
In this way, China, as the victim, was accused by the West and the Indians of economic aggression. Why are Chinese people always wrong?
I don't understand how China hurts foreigners. In addition to the Korean War, China repulsed the 17-nation army.

My friend China is in war with wall street banks and they will make fake news to create fear in every one heart this post wast posted here not to target Uganda lol. It was posted here to create fear for Pakistan lol. There are elections going in Pakistan and PTI supporters are bashing govt for taking more loans lol bot houses which wall street hires to effect social media posted this propaganda here to gain some advantage of anti X-govt voices and direct them towards CPEC. This is normal propaganda practice. lol. It is called situation skimming. You must read some info on how new media campaigns work.
 
.
Don't speak for Ugandans. Don't call them propagandists because they don't agree with YOUR view. Speak only for your own country and let them speak for theirs.

Who has forced Uganda to take Chinese loans?

sure...no need to argue.....look who is advising....

Indian rape policy lost. Chinese investment policy won.
 
. .
Let them just say it, as long as China is strong enough, China will not be afraid of anything.

Yes, the best fact is that there are no posters of Uganda here and they posted it here just to target misinformed people lol.

This is a calculated post aimed to divert some hate for PML-N towards CPEC but Pakistanis have become use to of this propaganda. Anything that USA and India says is like boring for Pakistan. lol

@Adam WANG SHANGHAI MEGA you will see few news about down trending Pakistan economy till 25 july don't worry about them they are necessary to throw out a India loving X-PM of Pakistan.
 
.
This is essentially sour grapes by the West.

They don't like when others challenge their hegemony. The West seeks total control with zero interference. The West cannot tolerate China filling the void.

China offers many developing nations a viable alternative. It also means no more do more strings attached to military and economic assistance. Yes, Western influence has been affected by Chinese loans. Naturally, the West is going act paranoid.
 
.

Pakistan Defence Latest Posts

Pakistan Affairs Latest Posts

Back
Top Bottom