China Denies Seeking Additional Guarantees For USD 6 Billion Loan For Rail Project In Pakistan

[nahtanbob]

LOL.. Another manipulating moves, just pull out a few numbers and claim of its genius maths? Has China ever press for repayment, tell me? Or u want to claim China will then ask for guarantee?

How is a Railway company making $300 million in profits going to magically pay off a $6 billion loan ?

It is not like Pakistanis are going to be rich overnight and purchasing expensive railway tickets

Plan Journey

www.pakrail.gov.pk

This is $24 for train ticket from Lahore to Karachi.

FARE -> FAREED EXPRESS(LAHORE JN.-KARACHI CITY)

Class	Berth Fare	Seat Fare
AC Lower / Standard	3600	3600
Economy	1600	1500

 

[Beast]

How China Got Sri Lanka to Cough Up a Port (Published 2018)

A Times investigation into Sri Lanka’s handover of its Hambantota Port starkly illustrates how China turned an ally’s struggles to its strategic advantage.

www.nytimes.com

Now u want to claim Sri Lanka has same strategic level as Pakistan? Genius...

Let me ask you , has ever China ask North Korea to repay any loan back or anything? Until now, u have yet to back your snakes words about China asking Pakistan for any loan repayment.

Sri Lanka is just a small fry for China foreign policy. It dont even share a border with China. Its life and death is no concern for us.

 

[beijingwalker]

This is balance sheet of the Pakistani Railways
Pakistan Railways

Pakistan Railways headquarters, Lahore
Revenue	₨54.59 billion (US$330 million) (2018–19)
Net income	₨-45 billion (US$−270 million) (2018–19)
Owner	Government of Pakistan (1947-Present)
Number of employees	72,078 (2016-17)

Pakistanis can work out the math on repaying the $6.8 billion loan

Chinese HSR also runs at a loss on paper, but studies show they help to create many times more GDP in provinces and cities they run through all across China, this is simple math.

 

[nahtanbob]

Chinese HSR also runs at a loss on paper, but studies show they help to create hundreds of times more GDP in provinces and cities all across China, this is simple math.

The math does not add up in Pakistan. It has not added up in Sri Lanka, Kenya and many other places
If speed and time is important catch a commercial airliner

Now u want to claim Sri Lanka has same strategic level as Pakistan? Genius...

Let me ask you , has ever China ask North Korea to repay any loan back or anything? Until now, u have yet to back your snakes words about China asking Pakistan for any loan repayment.

Officially North Korea is under sanctions from China

 

[Beast]

The math does not add up in Pakistan. It has not added up in Sri Lanka, Kenya and many other places
If speed and time is important catch a commercial airliner

LOL.. Can you build an airport at every province? Or if u want to travel from 300-500km distance. Taking a plane is better or a HSR is a better option? All airport need to be build far away from center of city.

 

[Globenim]

most of pakistani exports goes to USA, Europe and Japan. China imports nothing from Pakistan

Tell us any country that does not default on loans for infrastructure projects


Numbers do not lie

This is balance sheet of the Pakistani Railways
Pakistan Railways

Pakistan Railways headquarters, Lahore
Revenue	₨54.59 billion (US$330 million) (2018–19)
Net income	₨-45 billion (US$−270 million) (2018–19)
Owner	Government of Pakistan (1947-Present)
Number of employees	72,078 (2016-17)

Pakistanis can work out the math on repaying the $6.8 billion loan

Yeah now do the math for the 99% toll free roads in the world built over the last half century. Guess every country is going to default now beause of zero revenue. If they only had asked this one anonymous troll to do the math for them.

 

[beijingwalker]

The math does not add up in Pakistan. It has not added up in Sri Lanka, Kenya and many other places
If speed and time is important catch a commercial airliner

How do you know they don't add up, US in the history also went on infrastructure spree and eventually greatly boosted its economy, it works everywhere. CPEC has not even finished yet, how could anyone make such a quick conclusion?

 

[nahtanbob]

Yeah now do the math for the 99% toll free roads in the world built for the last half centry. Guess every country is going to default now. If they only had asked this that one anonymous troll to do the math for them.

For starters most of the 99% toll free roads are constructed by local companies with local labor and local materials

 

[Beast]

Yeah now do the math for the 99% toll free roads in the world built over the last half century. Guess every country is going to default now. If they only had asked this that one anonymous troll to do the math for them.

Yup, I guess public school ,library and hospital all need to be closed down becos of the debt and default. LOL...

For starters most of the 99% toll free roads are constructed by local companies with local labor and local materials

Then who give them the money? By printing paper, genius?

 

[nahtanbob]

How do you know they don't add up, US in the history also went on infrastructure spree and eventually greatly boosted its economy, it works everywhere. CPEC has not even finished yet, how could anyone make such a quick conclusion?

USA was an advanced society before the infrastructure.

KSA has greatest infrastructure (roads, power, telecommunications). It has not translated into economic development

 

[beijingwalker]

For starters most of the 99% toll free roads are constructed by local companies with local labor and local materials

Rundown infra is one of the major reasons of US decline.

 

[nahtanbob]

Yup, I guess public school ,library and hospital all need to be closed down becos of the debt and default. LOL...

Then who give them the money? By printing paper, genius?

This is $24 for train ticket from Lahore to Karachi.

Plan Journey

www.pakrail.gov.pk

FARE -> FAREED EXPRESS(LAHORE JN.-KARACHI CITY)

Class	Berth Fare	Seat Fare
AC Lower / Standard	3600	3600
Economy	1600	1500

Tell us how is $6.8 billion is going to be repaid

 

[Beast]

USA was an advanced society before the infrastructure.

KSA has greatest infrastructure (roads, power, telecommunications). It has not translated into economic development

KSA do not have great infrastructure. Its tiny population do not able to generate such return with great infrastructure program.

Pakistan is a country with 220 million people.

 

[nahtanbob]

Rundown infra is one of the major reasons of US decline.

Rundown human capital is a bigger reason than physical infrastructure

KSA do not have great infrastructure. Its tiny population do not able to generate such return with great infrastructure program.

Pakistan is a country with 220 million people.

The tiny population of KSA is 33.7 million

This is $24 for train ticket from Lahore to Karachi.

Plan Journey

www.pakrail.gov.pk
FARE -> FAREED EXPRESS(LAHORE JN.-KARACHI CITY)

Class	Berth Fare	Seat Fare
AC Lower / Standard	3600	3600
Economy	1600	1500

Tell us how is $6.8 billion is going to be repaid

 

[Beast]

The tiny population of KSA is 33.7 million

You try to tell me 33.7 million population can be compare to 220million of Pakistan? Genius