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Pakistan pivots to center as US and China vie for regional supremacy

Pakistani establishment is stalling on CPEC. You skipped the part about repaying $62 billion
neither establishment nor china is stalling CPEC , it's the archaic laws , cumbersome processes and inefficient and corrupt bureaucracy slowing down the next phase ...next phase is rapid industrialization .
 
never say never ....deep rooted structural reforms are needed , populist leaders lack the will and the skill to bring such reforms . masses want immediate gratification .

what is the point of all that CPEC infrastructure ?
 
It is a moot question since someone is on the hook for $62 billion
Misleading.

That $62 billion won't be paid in a single payment.

Second, if all goes well, and Pakistan gets even 10% of the promised benefits, Pakistan will be able to afford it.

Third, don't mention debt-trap diplomacy, as there is no such thing. Its literally a made up concept.
 
that is true. i do not see the economic activity to pay for 62 billion
Industrial parks are being built. The rolling black outs which stopped Pakistan's current industrial capacity has stopped, and Pakistan is once again on the right track. Pakistan's economy is set to grow 4% next year, which is pretty decent. Pakistan's exports have increased, while imports have remained steady, which is a good sign for Pakistan's massive trade imbalance.
 
Misleading.

That $62 billion won't be paid in a single payment.

Second, if all goes well, and Pakistan gets even 10% of the promised benefits, Pakistan will be able to afford it.

Third, don't mention debt-trap diplomacy, as there is no such thing. Its literally a made up concept.
I never said it is a single payment. It could be economic activity over 20 years

On debt-trap diplomacy you can always hand over Gwadar port like Sri Lanka handed over their port. It does exist with the Chinese
Industrial parks are being built. The rolling black outs which stopped Pakistan's current industrial capacity has stopped, and Pakistan is once again on the right track. Pakistan's economy is set to grow 4% next year, which is pretty decent. Pakistan's exports have increased, while imports have remained steady, which is a good sign for Pakistan's massive trade imbalance.

Are these the ones you are referring to ?
 
I never said it is a single payment. It could be economic activity over 20 years

On debt-trap diplomacy you can always hand over Gwadar port like Sri Lanka handed over their port. It does exist with the Chinese


What you're stating is a myth.

It does not exist, full stop. You don't get to make things up, because it suits your narrative.

Gwadar port is already in the hands of the Chinese, in an own-operate-transfer deal. China will own and operate the port until 2049, and extract as much profit as it can, and transfer it back to Pakistan once the contract is up, regardless of if the Chinese managed to turn a profit or not.


Are these the ones you are referring to ?
No. SEZs are a bit different, as they're out side of Pakistan's tax code for a number of years, inexchange for a number of things such as infrastructure building, job creation, industrialization,...etc. Chinese companies are setting up industrial parks within Pakistan, outside of these SEZs. These WOULD be subject to Pakistani tax code, increasing Pakistan's over all government revenue.
 

What you're stating is a myth.

It does not exist, full stop. You don't get to make things up, because it suits your narrative.

Gwadar port is already in the hands of the Chinese, in an own-operate-transfer deal. China will own and operate the port until 2049, and extract as much profit as it can, and transfer it back to Pakistan once the contract is up, regardless of if the Chinese managed to turn a profit or not.



No. SEZs are a bit different, as they're out side of Pakistan's tax code for a number of years, inexchange for a number of things such as infrastructure building, job creation, industrialization,...etc. Chinese companies are setting up industrial parks within Pakistan, outside of these SEZs. These WOULD be subject to Pakistani tax code, increasing Pakistan's over all government revenue.

debt trap is a debt trap. it is a matter of semantics

Hambantota port is far away from main population centers of Sri Lanka. It is never meant to make a profit Ditto with Gwadar. You have to wonder why the Chinese investment is not happening in Karachi. Karachi has 20-30 times more people than Gwadar. It is never meant to make a profit.

The location of most of the SEZs is not ideal for exports
 
We don't have an autocratic party system like China.

They usually purge corruption from within their ranks without prejudice.
You need to educate yourself on the Chinese political system, it is perhaps the most democratic system in the world, a ground roots elected leadership that carries out the wishes of their people which can be seen by their success.
 
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debt trap is a debt trap. it is a matter of semantics

Hambantota port is far away from main population centers of Sri Lanka. It is never meant to make a profit Ditto with Gwadar. You have to wonder why the Chinese investment is not happening in Karachi. Karachi has 20-30 times more people than Gwadar. It is never meant to make a profit.

The location of most of the SEZs is not ideal for exports
The fact you said that with a straight faced comment tells me all I need tonknow. First, you have no clue with port is (note, its not simply for ships to dock).

Second, you're completely ignoring basic facts about the hambantota port, which were listed in the article i provided, and are continuing to repeat your BS.

Next, no matter how much you keep repeating a lie, it doesn't suddenly change to the truth.

Its the same bs I hear Pakistanis say about the IMF and world bank.

Finally, there is no such thing as a debt trap. China has nothing to gain, because Pakistan can simply deny the transfer to China. What's China gonna do, go to war?

Ignoring the fact that no lending nation wants the one who's borrowing to go bankrupt, because it means in a loss in investment and profit, Seizing assets doesn't work the same way in these cases either.

China is not about to demand Pakistan hand over anything to China. The worst that might happen is that China stops its investments, which won't happen.

A lie remains a lie, no matter how many times its repeated.

I have my own concerns about CPEC, major concerns, and none of them rely on myths and false narratives.
 
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