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Pakistan’s Risky Reliance on China Set to Grow

It could be your point of view, absolutely. For me, Israel is second only to India when it comes to the enemies of Pakistan. We'll annihilate very soon for killing innocent Palestinians.



Really?.....so when are the Palestinians/Arabs going to annihilate the sikhs for killing 1 million innocent Pakistanis in August 1947? It's only fair if we are fighting their war they should eliminate our eternal enemies too. Or are we Pakistanis simply a slave race for the Arabs?
 
Really?.....so when are the Palestinians/Arabs going to annihilate the sikhs for killing 1 million innocent Pakistanis in August 1947? It's only fair if we are fighting their war they should eliminate our eternal enemies too. Or are we Pakistanis simply a slave race for the Arabs?
Why so much envy against Arabs? You regret being a Muslim now due to them? You would go to your grave. I would go to mine. Would you tell Allah that Arabs weren't fighting for us so we also decided not to fight for them and abandoned them?

Israel is not our enemy. Israelis/Jews have killed 0 Pakistanis. We have NO hatred towards them. Pakistanis ARE NOT Palestinians/Arabs. The biggest enemy of Pakistan are the sikhs. They genocided 1 million innocent Pakistanis in August 1947. sikhs/indians are our ONLY enemies.
For your love of Jews/Israel, I would like you to read the following;

"O YOU who have attained to faith! Do not take the Jews and the Christians for your allies: they are but allies of one another and whoever of you allies himself with them becomes, verily, one of them; behold, God does not guide people who are unjust."

And Also this;

"God only forbids you to turn in friendship towards such as fight against you because of [your] faith, and drive you forth from your homelands, or aid [others] in driving you forth: and as for those [from among you] who turn towards them in friendship; it is they, they who are truly wrongdoers!"

Palestinians were driven out of their homes by Israelis/Jews. How can we be friends with them? We need to bow down to what our scriptures unconditionally. That's what I think. Rest you can wait to support Palestinians until they avenge Sikhs. If you can't avenge that, how could Palestinians that are been subjugated do it for you?
 
Why so much envy against Arabs? You regret being a Muslim now due to them? You would go to your grave. I would go to mine. Would you tell Allah that Arabs weren't fighting for us so we also decided not to fight for them and abandoned them?


For your love of Jews/Israel, I would like you to read the following;

"O YOU who have attained to faith! Do not take the Jews and the Christians for your allies: they are but allies of one another and whoever of you allies himself with them becomes, verily, one of them; behold, God does not guide people who are unjust."

And Also this;

"God only forbids you to turn in friendship towards such as fight against you because of [your] faith, and drive you forth from your homelands, or aid [others] in driving you forth: and as for those [from among you] who turn towards them in friendship; it is they, they who are truly wrongdoers!"

Palestinians were driven out of their homes by Israelis/Jews. How can we be friends with them? We need to bow down to what our scriptures unconditionally. That's what I think. Rest you can wait to support Palestinians until they avenge Sikhs. If you can't avenge that, how could Palestinians that are been subjugated do it for you?


I don't hate Arabs and I am proud of being a Muslim. The only problem is that modern day Arabs do not believe in the idea of the "Ummah" or Muslim unity. Trying to promote something which does not exist is ridiculous. In fact the vast majority of Arabs are more than happy to worship anything they believe to be powerful and even oppress other Muslims for no reason. Just look at what the Saudis are doing to the Yemenis or what the Syrians are doing to one another.
 
I don't hate Arabs and I am proud of being a Muslim. The only problem is that modern day Arabs do not believe in the idea of the "Ummah" or Muslim unity. Trying to promote something which does not exist is ridiculous. In fact the vast majority of Arabs are more than happy to worship anything they believe to be powerful and even oppress other Muslims for no reason. Just look at what the Saudis are doing to the Yemenis or what the Syrians are doing to one another.
Its all based on sectarian division. Blaming only Arabs is an incorrect approach. Muslim history due to this split is extremely dark.
 
It could be your point of view, absolutely. For me, Israel is second only to India when it comes to the enemies of Pakistan. We'll annihilate very soon for killing innocent Palestinians.


Annihilate whom, is it a joke.. lol
 
It is their country. Let them do what they want - if they succeed - more jobs for Pakistanis means less terror, if they fail - an increased Chinese presence would mean they would still have to toe the International line and behave better instead of their lone cowboy antics with a false sense of victimhood. Their own leaders have taken them for a ride - if the Chinese take over, they can't possibly be any worse.
 
Its all based on sectarian division. Blaming only Arabs is an incorrect approach. Muslim history due to this split is extremely dark.



But how can we condemn Israel when the Saudis have killed more Yemenis in 4 years than Israel has killed more Palestinians since 1948?..........that is retarded logic......:lol:.........this retarded Arab-slave mullah logic has claimed the lives of over 70,000 Pakistanis since 2001. Yet lets blame everything on the West...........:rofl:
 
Annihilate whom, is it a joke.. lol
You can't abstain poking your nose in our matters, can you? I'm not even talking to you but there you go, we've a poor slumdog Indian jumping up and down to please their White masters. Pathetic nation, slave nation. LOL

But how can we condemn Israel when the Saudis have killed more Yemenis in 4 years than Israel has killed more Palestinians since 1948?..........that is retarded logic......:lol:.........this retarded Arab-slave mullah logic has claimed the lives of over 70,000 Pakistanis since 2001. Yet lets blame everything on the West...........:rofl:
How much you get paid by your masters? And where are you getting these numbers from? Are Saudis fool that they're killing Yemenis for no reason? Do you really think that? if so, you call my logic retarded one when I had given you references from Quran? Do you believe in Quran or you're among those who believe 12er will bring it? LOL
 
You can't abstain poking your nose in our matters, can you? I'm not even talking to you but there you go, we've a poor slumdog Indian jumping up and down to please their White masters. Pathetic nation, slave nation. LOL


How much you get paid by your masters? And where are you getting these numbers from? Are Saudis fool that they're killing Yemenis for no reason? Do you really think that? if so, you call my logic retarded one when I had given you references from Quran? Do you believe in Quran or you're among those who believe 12er will bring it? LOL



My masters are not retarded isis or other terrorist mutts killing and committing genocide against fellow Muslims..........:lol:.......Palestinians aside, what about your fellow Saudi dogs who are colluding with the Israelis in order to kill 1000s of innocent Yemenis and undermine "Muslim Iran"......lol.......:lol:
 
CPEC is just a propganda,from that whole Project,Pakistan would gain nothing.If National Economies are built on collecting toll tax and transit fees from users,then Egypt would have been a rich country,so would have been Panama.
CPEC is another lolly pop like Democracy.
Heard about Dubai :)
And Nigeria has Africa's largest oil exports these venture do bring $ how u use em is the question

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Pakistan’s Risky Reliance on China Set to Grow
A fall out with the U.S. could leave Pakistan more vulnerable to Chinese economic muscle.

By Yigal Chazan
March 26, 2018


America’s recent break with Pakistan is likely to deepen Islamabad’s financial dependence on China, strengthening Beijing’s leverage over controversial plans to turn its South Asian neighbor into a strategic trade corridor.

Earlier this year, the United States suspended $2 billion in security assistance to Pakistan, its long-time regional ally, because of an apparent failure to crackdown on Islamic militants active in Afghanistan. The Trump administration followed up by lobbying the Paris-based Financial Action Task Force to place Pakistan on a watch list of countries with inadequate terrorist financing controls, which could severely undermine Islamabad’s ability to raise capital on international markets and deter Western investors.

The FATF move, to take effect in June, comes as Pakistan’s debt problems become ever more acute, compounded by foreign-exchange reserves dropping 27 percent in the last year and a widening current account deficit. A recent IMF report cast doubt over the country’s ability to repay the fund, just over four and a half years after its last bailout. Facing a possible default, and with the U.S. able to veto World Bank and IMF decisions, Pakistan may turn to its ally China for extra loan assistance, leaving it in even greater hock to the regional superpower.

For a number of years, Chinese financial assistance has been helping to buttress the flagging Pakistan economy. It was the country’s largest lender last year. In recent months, it has extended some $1 billion of commercial loans to Pakistan and is reported to be negotiating another equivalent tranche. With Islamabad’s reinclusion on the FATF watchlist – it had been removed in 2015 – such provision will add to the already mountainous debt accruing from Chinese loans for the China-Pakistan Economic Corridor (CPEC), a series of energy and transport infrastructure projects geared to linking China’s western provinces to the Arabian Sea.

Beijing is investing some $60 billion in CPEC, the largest investment in the Belt and Road Initiative (BRI), which will extend Chinese influence across the Eurasian economies. It could help to modernize Pakistan, funneling funds into projects that few other investors will support. New power plants, roads, rail networks and a deep-water port are envisaged, with projects under way helping to drive Pakistan’s healthy GDP growth rate of more than 5 percent.

Supporters of CPEC say it will transform the country’s prospects. The Pakistan Business Council, an advocacy group, estimates that earmarked projects could amount to 20 percent of the country’s GDP over the next five years. But the loans the Chinese are extending are likely to saddle Pakistan with a huge debt burden. According to an Economist report last June, around two-thirds of loans for $28 billion of early projects were taken out on commercial terms, with interest at about 7 percent a year.

In December, leading Pakistani media reported that visiting IMF officials were “appalled” at the implications of the CPEC projects, their main concern focused on Pakistan’s repayment capacity. Separately the same month, the former Pakistani finance minister, Hafeez Pasha, warned that the government would run out of foreign currency reserves by September, triggering a financial crisis. He predicted that the only way out would be another IMF bailout, but warned that conditions would be tougher than in the past because of the change in U.S. policy towards Pakistan. “We may be told that CPEC’s size needs to be cut down,” he said.

Some argue that China’s so-called debt-trap diplomacy – also affecting other recipients of BRI funds – enables Beijing to dictate the terms of investment projects and exert excessive leverage over its economic partners. Pakistan is particularly exposed because its reliance on Chinese funds to re-energize the country seems likely to deepen, now that the United States has backed away.

Already there are reported concerns among Pakistani decision-makers that many CPEC deals are bordering on exploitative. Analysts say debt repayments are not transparent and procurement and bidding procedures for projects significantly favor China, with Chinese companies winning contracts and using Chinese labor to complete them.

A striking example of the apparent asymmetry of some of the deals was revealed in November when the Federal Minister for Ports and Shipping Mir Hasil Bizenjo said that 91 percent of revenues to be generated by the port of Gwadar, a huge infrastructure project and critical CPEC staging post, will go to China. A minister responsible for promoting foreign investment in Pakistan, Naeem Zamindar, told Reuters this month some Western ‎ investors appeared reticent because of a false impression that Chinese firms would receive “exclusive advantages” and concessions, militating against a level playing field.

Pakistani officials continue to proclaim the long-term infrastructure and economic benefits of CPEC yet there are clearly concerns. In November, Pakistan removed the $14 billion Diamer-Bhasha Dam from the list of corridor projects because Chinese financial conditions, which included ownership of the facility, were “not doable and [went] against our interests,” according to Water and Power Development Authority Chairman Muzammil Hussain. Jitters over the terms of Chinese investments have also been evident in neighboring Nepal. Just months after agreeing to become an BRI partner, Kathmandu canceled a $2.5 billion hydroelectric dam project amid concerns over the competitiveness of the bidding process.

Sri Lanka provides a salutary reminder of why recipients of BRI funds need to be mindful of the long-term implications. In December, Colombo, which has been struggling to repay its Chinese loans, handed over the port of Hambantota to China on a 99-year lease as part a $1.1 billion deal that saw the Chinese firm developing the joint venture gain a 70 percent stake, a move seen by Sri Lankan opposition parties as an erosion of sovereignty. Sri Lankan politicians said the move was necessary to reduce the $8 billion owed to China for infrastructure projects.

In an apparent bid to diversify its sources of economic and security assistance in the wake of the fall out with Washington and concerns over becoming too reliant on China, Islamabad appears to have stepped up its rapprochement with Russia. The Cold War adversaries are planning to cooperate militarily to combat the Islamic State across the region and are reportedly negotiating multibillion Russian energy supply deals and investments. Of the latter, an offshore gas pipeline is under discussion and plans for a $2 billion LNG pipeline linking Lahore with Karachi, the first major Russian development in Pakistan for decades, are being finalized. Moscow is also reportedly keen on building energy plants for converting natural gas into fuel products.

Having Russia as an investment partner, albeit a nascent one, will calm the nerves of those in Pakistan who worry that Beijing currently holds all the cards. In the long term, Pakistan will clearly benefit from Chinese economic engagement, but in its haste to attract investment it must avoid giving Beijing license to dictate the terms of projects. Failure to do so could increase fears of economic colonization.
These western and

Yigal Chazan is an Associate at Alaco, a London-based business intelligence consultancy.
These west

These so called western and Indian experts.in 2000s were talking about imminent collapse of Pakistan and falling of nukes into hands of ttp they even gave dates like 2012 unless pak submits to USA dictation
Well all those deadlines r over we r still standing stronger then ever and making Afghanistan new Vietnam for USA
So now these experts have diverted there so called intelligence towards Pakistan economic prospects especially cpec and again started being false prophets of doom because that what they r paid for :)
 
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My masters are not retarded isis or other terrorist mutts killing and committing genocide against fellow Muslims..........:lol:.......Palestinians aside, what about your fellow Saudi dogs who are colluding with the Israelis in order to kill 1000s of innocent Yemenis and undermine "Muslim Iran"......lol.......:lol:
Yemeni who launched missiles against Saudi Arabia? They aren't willing to even spare those beautiful cities. They deserve this harsh treatment. I completely know you're on a pay-roll and doing your job. Despite that, I would like to tell you that I'm not a sectarian arse hole like you.
The punishment of treason in any country and religion is death penalty. That justifies what Saddam did, what Ghadafi did, what Asad is doing and what Saudis are doing. I don;t have double standards. I'm not a hypocrite like you.
Analyze closely, Asad isn't what Saddam was, or Ghadifi was or what Saudis are but still I say, he is correct.

what about your fellow Saudi dogs who are colluding with the Israelis in order to kill 1000s of innocent Yemenis and undermine "Muslim Iran"......lol.......:lol:
Your comment clearly shows that you're a sectarian arse hole. Your envy for Arabs and love for Iran is actually your envy towards Islam. You'll rot not only here but in the life of hereafter as well ;)
 
Yemeni who launched missiles against Saudi Arabia? They aren't willing to even spare those beautiful cities. They deserve this harsh treatment. I completely know you're on a pay-roll and doing your job. Despite that, I would like to tell you that I'm not a sectarian arse hole like you.
The punishment of treason in any country and religion is death penalty. That justifies what Saddam did, what Ghadafi did, what Asad is doing and what Saudis are doing. I don;t have double standards. I'm not a hypocrite like you.
Analyze closely, Asad isn't what Saddam was, or Ghadifi was or what Saudis are but still I say, he is correct.



So killing and starving millions of innocent Yemeni Men, Women, Children and elderly by Saudi dogs is a great "Islamic deed?".......WTF!!!!!!!............:rofl:.........Seems like terrorist lovers are more depraved than devil worshippers and Satanists.........:disagree:
 
So killing and starving millions of innocent Yemeni Men, Women, Children and elderly by Saudi dogs is a great "Islamic deed?".......WTF!!!!!!!............:rofl:.........Seems like terrorist lovers are more depraved than devil worshippers and Satanists.........:disagree:
Millions?? Where are you getting these numbers from? You're no doubt an animal who is feeding on Iran's funding. Why you can't look beyond Yemen? Your world is all about Iran and Yemen? Why don't you relocate there?

Seems like terrorist lovers are more depraved than devil worshippers and Satanists.........:disagree:
Worshiping other than Allah S.W.T is the biggest sin. That's in our Quran but you've differences with that as well. WOW! What a scumbag you're turning out to. Talk more treacherous snake and keep exposing yourself.
 
Millions?? Where are you getting these numbers from? You're no doubt an animal who is feeding on Iran's funding. Why you can't look beyond Yemen? Your world is all about Iran and Yemen? Why don't you relocate there?


You are trying to justify atrocities committed by Saudi dogs???????.........seems like So called "Islamic" terrorists are more evil and depraved then devil worshippers.
 
You are trying to justify atrocities committed by Saudi dogs???????.........seems like So called "Islamic" terrorists are more evil and depraved then devil worshippers.
Hahahaha! You're such a dumb arse. Do you've anything else to say at all?? That's all your masters have told you to do? Very pathetic ;)
 
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