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couldn't have been said better then this, the future looks bright for PakistanI voted "yes" not because of the stupid Pakistani media which I rarely bother with - although I like Herald magazine. I was for CPEC from day one because of my own reasons which were -
- It would open the door to Chinese influence inside Pakistan. The Chinese are athiest. I don't like mullah politics. So that introduces the tantalizing equation of +-=X or plus minus equals ex where plus is Chinese influence and minus is mullah politics and X is the level of religious obscurantism inside Pakistan. Therefore greater the plus it reduces X. That is like a gift from heavens for secularists inside Pakistan. This means we begin the long road to secular society.
- Because China is next door Chinese influence would permeate into all aspects of Pakistani society. That means way doing business and the economy would over time reconfigure itself. Not only would Pakistani's become more business like rather than ummah like but it would encourage competion and innovation that over time would change Pakistan's political economy and state. Win win.
- With this much investment China would never allow Pakistan to turn into a religious hell hole. Therefore efectively CPEC is insurance policy. China would behind closed doors exert pressure on Pak ruling elite to take the path of progress.
- Other investors would be more confident of investing money as they say China ploughing in billions.
In long run, the infrastructure of Pakistan will be developed but Pakistan will be under huge debt. I don't think Pakistan economy will be big enough in future to pay back those loans to China. Also the money for transporting Chinese Good via Land and Gwadar will Not be sufficient enough to finish off these loans and this toll money alone cannot revive the economy. The dreams of creating economical/industrial zones will remain dreams. Thus CPEC will become one of the many lost dreams which pakistani nation has seen since 1947. But the blame goes to Corrupt Pakistani politicians who were corrupt to the core and on top, they were never visionary.
In future, the relationship between Pakistan and China will also cool down once China starts asking Pakistan to pay back their loans and Pakistan will not have money to return them. Then Pakistan has to give what Sri Lanka gave i.e. Ports and other assets.
And why is Pakistani media silent about it?I think CPEC will bankrupt Pakistan.
Stupid question.....How lopsided is your question especially the 2nd option.Vote in the poll and share your views.
I'm not Pakistani.
Vote in the poll and share your views.
There should have been third option, "i supported cpec from first but getting a bit sceptical now as the fine print gets to the light".
That could have fethced some pakistani votes.