Pak Govt puts major CPEC power project on hold

[RealNapster]

)18% to 30% is rediculious per year ,but not that much if it is 10 years or 30 years.
In China you get loan 100 yuans ,you need pay back 105 yuans next year,and 105.25 yauns the 2rd year if you delayed.similar rate if the year continued

Thats called markup. You take loans at 5.25% interest rate. Just like Government of Pakistan took loans from China at 5-5.5% interest rates. All these are coorporate loans that you too or we took.

Then 18-30% is Rate of return offered to chinese companies on their investment in Pakistan. Basically government of Pakistan is guarantijg those chinese companies that you will get 18-30% return on your investment.

)If you do not tkae CPEC as a favor or take it as top priority,you could treat it as normal investment.You get what you deserved for.International Investment will still flow to the most suitable areas

We “could have” taken it as a normal investment but our last government fuc*ed up. They were more busy cashing this project for political scoring.

We do respect pakistani gov authority on those projects.

Please.

Thank you.

 

[Adam WANG SHANGHAI MEGA]

Bro. Lets get facts straight.

1. Chinese companies are not here to rescue us. Government of Pakistan offer them the highest rate of return on IPP’s. Ranging from 18% to 30%.

2. Even the loans you talking about, have a markup added to itself. Government concession loans at2-3% markup and coorporate loans at 4-5% markup. (Which means business). Only 140+- million dollar loan (out of total 11 billion dollars) for Gwadr expressway is of 0+ interest rate and we are thankfull for that.

3. Government excluded this project from CPEC because it is based on foreign imported fuel. Current government in working tk stop all new power plants that run on imported fuels to reduce imports of fuels and save dollars. Chinese companiese are more then welcome to invest in renewable, thar coal based projects at others with a promissed ROR of greater then 18% (which btw no country offers you. The max is 12-13% now a days and here we are. )

4. You said you can always shift companies to Indian, sri lanka, etc. Well, you already operate your large factories there. And no one stoped you from doing so, neither you took permission from us to invest in india nor you had to. India hosts huge manufacturing factories of chinese mobile phones, home appliances and other things. The issue is that currently only your construction companies working here. Notna single manufacturing company. Other then Haier amd some auto company which is doing partial manufacturkng here. Can you name another chunese manufacruring company working in pakistan ? So dont tell us that your companiese can always go to any country. (As they are going. No MOu bound them from working with India. They are free). But will india offer them that much rate of return ?

5. BRI is your policy project. Similarly, every other country has its own priorities and policies. Try respecting them. Government of Pakistan is not going to built this project just so that to not make chinese friends sad. Try to learn hearing NO.

6. When you talk business. Talk business, dont bring religion in business discussions. Did world ever said “ohh..chinese are evil they kill Dogs in evil ways and then eat them.. lets not do business with them??”.. we can carry both things. Being more religious doesn’t mean you dont think about business. Actually being more religious is a good thing as itnprevents corruption (as its considered a sin in Islam). We can take both simultaneously.

Thank you

So You are only thankful for things you get for free or 0 interest rate?

Thats called markup. You take loans at 5.25% interest rate. Just like Government of Pakistan took loans from China at 5-5.5% interest rates. All these are coorporate loans that you too or we took.

Then 18-30% is Rate of return offered to chinese companies on their investment in Pakistan. Basically government of Pakistan is guarantijg those chinese companies that you will get 18-30% return on your investment.



We “could have” taken it as a normal investment but our last government fuc*ed up. They were more busy cashing this project for political scoring.



Please.

Thank you.

Sure now we can talk about cancle all CPEC projects and pay our money back right now!

Thats called markup. You take loans at 5.25% interest rate. Just like Government of Pakistan took loans from China at 5-5.5% interest rates. All these are coorporate loans that you too or we took.

Then 18-30% is Rate of return offered to chinese companies on their investment in Pakistan. Basically government of Pakistan is guarantijg those chinese companies that you will get 18-30% return on your investment.



We “could have” taken it as a normal investment but our last government fuc*ed up. They were more busy cashing this project for political scoring.



Please.

Thank you.

I am not convainced that Chinese companies can get those interest,we would be mostly lucky if we do not lose any our capital money.

Like our loans to a lot of africain countries,eventually the 10 billions USD loans turned out to be free aids and China gov has abandoned huge amount loans to any africain countries,exceot several among them.

 

[RealNapster]

So You are only thankful for things you get for free or 0 interest rate?

Comprehension issues i see.

I said we are thankfull for everything that anyone do for us. Just so that dont take us for granted because you are investing some billions here and there. We are priviliged to say NO when its in the greater interest of Pakistan and you should respect that. Tomorrow china will say we want to built 50 billion dollars HSR in Pakistan lets do that . And government of Pakistan will just say Ok lets do that ? No. GOP will first see if it needs that project, then we will study fianncial feasibility and viability of that project. Then we will say Yes or No. Pakistan is not your Canada.

 

[Adam WANG SHANGHAI MEGA]

Thats called markup. You take loans at 5.25% interest rate. Just like Government of Pakistan took loans from China at 5-5.5% interest rates. All these are coorporate loans that you too or we took.

Then 18-30% is Rate of return offered to chinese companies on their investment in Pakistan. Basically government of Pakistan is guarantijg those chinese companies that you will get 18-30% return on your investment.



We “could have” taken it as a normal investment but our last government fuc*ed up. They were more busy cashing this project for political scoring.



Please.

Thank you.

Normal investment policies,normal development level,that is why we call zones like Shenzhen,special economic areas,and turned out Shenzhen is the most successful speical economical zone in the world.

 

[RealNapster]

Sure now we can talk about cancle all CPEC projects and pay our money back right now

Your money ?

You may not even have a penny to yourself. Dont talk on behalf of those companiese that invested here for worlds largest rate of return on their investment. You think they are fools to invest in a volatile country ?

 

[Cookie Monster]

You could apply for loans or investments from other countries,China does not limit ally development as US yankees do.

Pakistan has gotten loans and investments from other countries.

 

[RealNapster]

I am not convainced that Chinese companies can get those interest,we would be mostly lucky if we do not lose any our capital money.

Like our loans to a lot of africain countries,eventually the 10 billions USD loans turned out to be free aids and China gov has abandoned huge amount loans to any africain countries,exceot several among them

Pakistan ain’t africa dude. We dont need your “aids”. We want business.

 

[Adam WANG SHANGHAI MEGA]

Comprehension issues i see.

I said we are thankfull for everything that anyone do for us. Just so that dont take us for granted because you are investing some billions here and there. We are priviliged to say NO when its in the greater interest of Pakistan and you should respect that. Tomorrow china will say we want to built 50 billion dollars HSR in Pakistan lets do that . And government of Pakistan will just say Ok lets do that ? No. GOP will first see if it needs that project, then we will study fianncial feasibility and viability of that project. Then we will say Yes or No. Pakistan is not your Canada.

We do not see Pakistan as our Canada, whatever,cancle CPEC projects as much as you want,your country anyway.

 

[RealNapster]

Normal investment policies,normal development level,that is why we call zones like Shenzhen,special economic areas,and turned out Shenzhen is the most successful speical economical zone in the world.

Ecactly. “Normal business” with “normal interest rate” and abnormally high “rate of return”.

I see no special treatment here. If chinese were treating us slecial they would have offered all loans on interest rates as low as 1%. But we dont see that , do we ? Means normal business, no brotherhood.

 

[Adam WANG SHANGHAI MEGA]

Pakistan ain’t africa dude. We dont need your “aids”. We want business.

If those biz can not bring me even 18 to 30 % net benifits in the next 10 or 30 years,not interested.I would rather just put my 100 yuans in my bank account and ge the 4 to 5% interest and doing nothing for good.

 

[RealNapster]

r,cancle CPEC projects as much as you want,your country anyway

Unfortunately, you and me (though as much driven by pride or sentiments) are not the authority to cancel or start anything in CPEC. So lets calm down. Or better, criticise your government for doing CPEC with pakistan and protest. If you can.

If those biz can not bring me even 18 to 30 % net benifits in the next 10 or 30 years,not interested.I would rather just put my 100 yuans in my bank account and ge the 4 to 5% interest and doing nothing for good.

What the hell. Rate of return is always in annual terms .

 

[Adam WANG SHANGHAI MEGA]

Your money ?

You may not even have a penny to yourself. Dont talk on behalf of those companiese that invested here for worlds largest rate of return on their investment. You think they are fools to invest in a volatile country ?

30% as highest return rate for 30 years,do not be ridiculious!
100% net benifits per year is high return rate.

 

[maithil]

And it starts. Chinese companies must be getting jittery with such decisions. First the news of Abraaj group head advising PM and now this.

 

[Adam WANG SHANGHAI MEGA]

I start to understand why Pakistan is not favored by international investments if yiu are really a typical pakistabi bro.......

 

[maithil]

In addition to these monetary gains there are strategic gains for China as well. It provides an alternate route for China to import oil from the Persian gulf via the CPEC route in case if there's ever a blockade of the sea route to eastern China by either US or Japan or India or any combination of these countries.

So this claim that China is giving billions away with CPEC is just as baseless as Indians claiming that CPEC is some sort of Chinese invasion. It's only business.

China is never going to import more than 5% of its oil via CPEC .