Thəorətic Muslim
SENIOR MEMBER
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- Feb 5, 2012
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Infrastructure projects including those related to power and energy are highly unlikely to fail.
I hope the quote below is a misreporting.
“In terms of financing, there’s no issue [with the Chinese]. It’s like Santa Claus has come to town; you can ask for whatever you wish for. But one day it will all need to be paid back,” warns Masud.
has said that Chinese officials privately admit that they expect to lose up to 80 percent of their investment in Pakistan.
The article is pretty good and clears up a lot of rumors and accusations in propaganda by various groups.
CPEC is the equivalent of portions of the New Deal, Federal Interstate Highway Act, and transcontinental railway all rolled into one. But at the end of the day, the World Bank/IMF/Chinese financing didn't build America.
Grit did.