‘Proof of great friendship’: China to send Pakistan another $1.3 billion

[Libexer]

LOL. The Same loan Principle + interest is repackaged and rolled over with added INTEREST is now called "friendship"

That too by a COMMERCIAL bank of China i.e. Industrial and Commercial Bank of China with a known interest rate of 5%.

With "friends" like this, one does not need Enemies.


Meanwhile, THIS is what REAL Friendship looks like,

https://twitter.com/x/status/1631643236845629440

 

[Skimming]

LOL. The Same loan Principle + interest is repackaged and rolled over with added INTEREST is now called "friendship"

That too by a COMMERCIAL bank of China i.e. Industrial and Commercial Bank of China with a known interest rate of 5%.

With "friends" like this, one does not need Enemies.


Meanwhile, THIS is what REAL Friendship looks like,

https://twitter.com/x/status/1631643236845629440

@Abdul Rehman Majeed

 

[Abdul Rehman Majeed]

Pakistan's debt to China is only 30% of the total debt.

Pakistan should consolidate the remaining 70% debt with additional Chinese loans.

 

[-=virus=-]

US owes China's the most. EU also owe China a lot.

That's an oversimplification if there ever was one... here, read some basics:

How Much U.S. Debt Does China Own?

China owns more than $980 billion in U.S. debt. That's about as much as Japan owns, and represents about 3.2% of the total debt.

www.investopedia.com

 

[nahtanbob]

The west always bashes China for getting Pakistan into a debt trap, but can they point out just one case which China squeezed Pakistan for paying back any Chinese debt?

look no further than the deals with the Chinese power producers

 

[etylo]

In what ways do Chinese loans trump, or are better than just going to the IMF as far as Pak is concerned ?

Also, what is that relation about, then ? Apart from India, which both countries have territorial disputes with, one might argue.

China are a predatory loan shark, exploiting the hell out of poor Africa and now a Pak in distress.

Predatory in your delusional Indian minds only that has nothing but ill wishes for China. Then, why dont you Indians lend money to Africans and South Aisans for the better instead of bitching China all the time.

 

[Abdul Rehman Majeed]

So a total 'no riders' freebie loan without expecting to be paid back, even without any interest ?

My oh my, such benevolence !

China never asked Pakistan to increase prices or taxes like the IMF.

China never interfere with the internal affairs of Pakistan.

 

[etylo]

It is absolutely China's right to expect payment of interest and principal. Pakistan is the fool getting to such agreement terms where besides interest, they end up obligated to award contract to Chinese company and worst of all, sign up for guaranteed returns.

Shylock took a pound of flesh on default. China took a port from Pakistan's body. But all legal.

Maybe China should give out money free for all the countries, including your India, thats what you are getting at.

 

[-=virus=-]

China never asked Pakistan to increase prices or taxes like the IMF.

China never interfere with the internal affairs of Pakistan.

I suppose China will never want their money back either..

Predatory in your delusional Indian minds only that has nothing but ill wishes for China. Then, why dont you Indians lend money to Africans and South Aisans for the better instead of bitching China all the time.

just calling a spade a spade

I understand business

China is like that shady person who goes around addicting homeless kids to meth.

 

[Abdul Rehman Majeed]

I suppose China will never want their money back either..

China never forces Pakistan to payback the money.

Pakistan will pay whenever we can.

 

[etylo]

LOL. The Same loan Principle + interest is repackaged and rolled over with added INTEREST is now called "friendship"

That too by a COMMERCIAL bank of China i.e. Industrial and Commercial Bank of China with a known interest rate of 5%.

With "friends" like this, one does not need Enemies.


Meanwhile, THIS is what REAL Friendship looks like,

https://twitter.com/x/status/1631643236845629440

Why doesnt you snake India be friend of Pakistan and save it then instead of bitching at China all the time, fools.

 

[-=virus=-]

Why doesnt you snake India be friend of Pakistan and save it then instead of bitching at China all the time, fools.

You're a BD lungi, right ?

 

[nahtanbob]

Maybe China should give out money free for all the countries, including your India, thats what you are getting at.

what are deeper than ocean and higher than Himalayan friends for

 

[etylo]

I suppose China will never want their money back either..


just calling a spade a spade

I understand business

China is like that shady person who goes around addicting homeless kids to meth.

Only in your delusional Indian minds, why dont you Indians help Pakistan to get better deals from you then, not just calling cheap shots at China.

You're a BD lungi, right ?

This just proves you a delusional lungi.

 

[etylo]

what are deeper than ocean and higher than Himalayan friends for

Would any country be so generous that will give out large amount of free money to other countries ? Even US didnt give free loans or money to Britain in its most difficult times of WW I and WW II considering their intimate bond relationship ? Do you expect China to be a fool ?