Pak Govt puts major CPEC power project on hold

[Kyle Sun]

There is a lot to gain by cooperation between the two countries...not just economically but also strategically.

Yes, that's what we think. But now we get accused of bad motive.

 

[Cookie Monster]

It is your former government refused China to take most of the projects ownership! We want to be the owners of most of the projects we funded but your gov denied it and insist on loans,another option is free aid which we do not do,otherwise China communist party will lose its position in CHINA!

We are not asking for free money. Loans are fine...any country or bank or financial institution will obviously only give loans and expect a return on it. That is fine...that's how the business is done...and that's exactly my point. It's just business bro.

Yes, that's what we think. But now we get accused of bad motive.

Again...where are u getting that from? Who's accusing of bad motive?

 

[RealNapster]

It is not a ridiculous rate if you put the risk of investing so much money in a country of bad security conditions into perspective.

A whole return of invested money in 5-6 years for any investor is like a dream come true.

 

[Adam WANG SHANGHAI MEGA]

Ever heard the term “corporate loans” ??

Thank you

Why on earth CHINA wants to weak Pakistan? or deliberly take so much advantages of Pakistan?
But if you are a chinese company CEO,how you gonna answer to your share holder with 1% interest rate instead of leave the money in China ti get at least 6 % net interest without any risk?

 

[RealNapster]

Yes, that's what we think. But now we get accused of bad motive.

No one accused you for bad motives. Its just that @Adam WANG SHANGHAI MEGA cant take a no. The No, Due to already explained reasons

 

[Cookie Monster]

Why on earth CHINA wants to weak Pakistan? or deliberly take so much advantages of Pakistan?
But if you are a chinese company CEO,how you gonna answer to your share holder with 1% interest rate instead of leave the money in China ti get at least 6 % net interest without any risk?

He is not saying that Chinese companies should give a loan at 1% interest rate. His point is that u can say that it's special treatment if China gave loans at such a rate to help Pak. That's his whole point...as u just said, a Chinese company's CEO isn't going to give out a loan at 1% interest rate based on sentiments. Instead he will make his decisions based on what's good for business. That's all it is...just business

 

[Adam WANG SHANGHAI MEGA]

We are not asking for free money. Loans are fine...any country or bank or financial institution will obviously only give loans and expect a return on it. That is fine...that's how the business is done...and that's exactly my point. It's just business bro.

Again...where are u getting that from? Who's accusing of bad motive?

China gov could grant 0 loans to a country like Pakistan,i Know Pakistani people are extremely nice to chineses but internationally speaking,Pakistan is not fovered by international investments!

 

[RealNapster]

Why on earth CHINA wants to weak Pakistan? or deliberly take so much advantages of Pakistan?
But if you are a chinese company CEO,how you gonna answer to your share holder with 1% interest rate instead of leave the money in China ti get at least 6 % net interest without any risk

China have government owned banks holding 100’s of billions of dollars.

Thank you

 

[Canuck786]

Govt puts major CPEC power project on hold
Khaleeq KianiUpdated January 14, 2019


On hold not end. That's called doctoring the title here at PDF.

 

[Cookie Monster]

China gov could grant 0 loans to a country like Pakistan,i Know Pakistani people are extremely nice to chineses but internationally speaking,Pakistan is not fovered by international investments!

If China did grant something like 0% interest rate loans that would definitely qualify as special treatment and brotherly sentiments...but that's not the case with CPEC is it?

Why is it hard for u to accept that it's just business? It's not bad to do business. Pakistan/Pakistanis aren't maligning China for not giving it such special treatment. There is no free lunch in this world. We are happy that China is working with Pak on CPEC...ur business is welcome and appreciated.

 

[Adam WANG SHANGHAI MEGA]

No one accused you for bad motives. Its just that @Adam WANG SHANGHAI MEGA cant take a no. The No, Due to already explained reasons

As I said ,your country,your descision.
Cancle all of them if you can.I am fine with the poor infrastructure conditions of Pakistan as i have no plan to visit Pakistan in a near future especially the india supported terro attack in Karachi happened,although i do feel pity for them.And I understand the limited choices Pak gov have to take with so much huge foreign reserve shortage.I sincerely hope Pakistani foreign reserve could reach 1 trillion or 2 trillion USD.

 

[KhalaiMakhlooq]

Govt puts major CPEC power project on hold
Khaleeq KianiUpdated January 14, 2019


On hold not end. That's called doctoring the title here at PDF.

https://timesofindia.indiatimes.com...r-project-under-cpec/articleshow/67529027.cms

https://sputniknews.com/asia/201901141071462886-pakistan-china-cpec/

end.

 

[Kyle Sun]

56 billion dollars. 11 billion dollar of government and corporate loan, other are IPP’s and investments by private companies. Private companies actions are based on financial studies , not on sentiments. If it were so, Jack ma would have many technology centres and innovation centers and businesses in Pakistan. But we see none. Why? Because he dont see the market worth it and also ,he is not driven bysentiments. Just like any other chinese company

Jack ma's online business can't build the backbone of the economy of Pakistan. You won't be able to get your package delivered in 3 days like in China because of THE POOR INFRASTRUCTURE.
What Pakistan needs now is ROAD, Power Plant and so on. These kinds of projects all cost a huge amount of money and take a very very long period to get paid back. A reasonable businessman won't invest in such project in a politically unstable and bad security condition country like Pakistan.
I hope I make my point clear.

 

[Adam WANG SHANGHAI MEGA]

China have government owned banks holding 100’s of billions of dollars.

Thank you

They still need to answer to CCP and do not give aid for free.

If China did grant something like 0% interest rate loans that would definitely qualify as special treatment and brotherly sentiments...but that's not the case with CPEC is it?

Why is it hard for u to accept that it's just business? It's not bad to do business. Pakistan/Pakistanis aren't maligning China for not giving it such special treatment. There is no free lunch in this world. We are happy that China is working with Pak on CPEC...ur business is welcome and appreciated.

100 USD in 1990s means 100US and today means 250USD in 2018. Hope you ge the idea what inflation is.

 

[KhalaiMakhlooq]

"It not that Pakistan is losing interest in the CPEC but it is about getting the maximum out of what is there. China has invested a lot and surely wants a payback. Pakistan has been rethinking its strategy of taking huge amount as debt, which it is unable to repay. Some projects of CPEC face feasibility issues as they were signed in haste without due consideration of outcomes"

Dr Geeta Kochhar, Assitant Professor at the Centre for Chinese and South-East Asian Studies, Jawaharlal Nehru University, New Delhi, and visiting fellow in Fudan University, China

https://twitter.com/x/status/1084835251967258624