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they are far ahead of us wrt infra.China Talks about Mars .. India ACTUALLY Reached There !
That's is because their manufacturing sector has been in doldrums for some time now. What else would explain their risky infrastructure investments(though with ulterior motives) in the failing economies of South Asia like Pakistan and Sri Lanka, also the Ghost Cities over there. They are counting on infrastructure projects to bail themselves out of the mess.they are far ahead of us wrt infra.
With American help on board a primitive rocket. =)China Talks about Mars .. India ACTUALLY Reached There !
That's is because their manufacturing sector has been in doldrums for some time now. What else would explain their risky infrastructure investments(though with ulterior motives) in the failing economies of South Asia like Pakistan and Sri Lanka, also the Ghost Cities over there. They are counting on infrastructure projects to bail themselves out of the mess.
I am really curious how they think China's economy is only about infrastructure, we do export almost 2 trillion worth of goods you know.It sounds like a black humor to me from an Indian.
The same risky investment like Colombo is used to transport majority of Indian global transshipment. The only non performing investment is Hambatonta, which was meant to prop up Rajapaksa, and maybe a future naval base.That's is because their manufacturing sector has been in doldrums for some time now. What else would explain their risky infrastructure investments(though with ulterior motives) in the failing economies of South Asia like Pakistan and Sri Lanka, also the Ghost Cities over there. They are counting on infrastructure projects to bail themselves out of the mess.
I am really curious how they think China's economy is only about infrastructure, we do export almost 2 trillion worth of goods you know.
You aren't very bright, are you? When we talk of Chinese infrastructure projects we obviously refer to the GREENFIELD PROJECTS. By the way, the fraud Chinese anal-ysts managed to convince the hapless Sri Lankans that Hambantota Port would grow up to replace Singapore as the premier transshipment port of South and South East Asia.I am really curious how they think China's economy is only about infrastructure, we do export almost 2 trillion worth of goods you know.
The same risky investment like Colombo is used to transport majority of Indian global transshipment. The only non performing investment is Hambatonta, which was meant to prop up Rajapaksa, and maybe a future naval base.
And you think building a new terminal in Colombo port isn't greenfield? You think the Chinese are stupid, those ports are built under loan from Sri Lanka, they are paying interest on it. Look at the leverage we have over the new so called Pro-Indian SL government. We would have forgiven the interest had Rajapaksa been in power.You aren't very bright, are you? When we talk of Chinese infrastructure projects we obviously refer to the GREENFIELD PROJECTS. By the way, the fraud Chinese anal-ysts managed to convince the hapless Sri Lankans that Hambantota Port would grow up to replace Singapore as the premier transshipment port of South and South East Asia.
No one is denying that fact, but the sector has witnessed unprecedented meltdown due to falling prices and weakening demand both domestic and international. Your real growth rate is contracting, from 10.1 percent in 2010 to 6 percent in 2016. And don't forget that your economy is export oriented unlike ours which is based on domestic consumption.Admittedly, Indian gov and their media have certainly done an excellent job on brainwashing.
I am really curious how they think China's economy is only about infrastructure, we do export almost 2 trillion worth of goods you know.
China Talks about Mars .. India ACTUALLY Reached There !
Alas, Rajapaksa overplayed his hand which led to his fall.And you think building a new terminal in Colombo port isn't greenfield? You think the Chinese are stupid, those ports are built under loan from Sri Lanka, they are paying interest on it. Look at the leverage we have over the new so called Pro-Indian SL government. We would have forgiven the interest had Rajapaksa been in power.
Colombo Port could rival Sg, but not Hambantonta, it was meant as a bribe for Rajapaksa and as a future naval base. The airport built could easily convert into an airbase. That's why you need to wait for the next elections.
Crux of the matter still remains that you loaned out money to Sri Lanka for an unviable project, knowing well beforehand that you are selling them pipe dreams. Srilankan economy was already struggling when the loan was advanced and by the time they realised their folly China began mounting pressure to convert the DEBT to EQUITY.And you think building a new terminal in Colombo port isn't greenfield? You think the Chinese are stupid, those ports are built under loan from Sri Lanka, they are paying interest on it. Look at the leverage we have over the new so called Pro-Indian SL government. We would have forgiven the interest had Rajapaksa been in power.
Colombo Port could rival Sg, but not Hambantonta, it was meant as a bribe for Rajapaksa and as a future naval base. The airport built could easily convert into an airbase. That's why you need to wait for the next elections.
It will be viable once there is a naval base. They can use the lease to repay the debt. The airport would also be viable as a dual use airport.Alas, Rajapaksa overplayed his hand which led to his fall.
Crux of the matter still remains that you loaned out money to Sri Lanka for an unviable project, knowing well beforehand that you are selling them pipe dreams. Srilankan economy was already struggling when the loan was advanced and by the time they realised their folly China began mounting pressure to convert the DEBT to EQUITY.
This is how you colonize countries in the 21st century without violence or warfare. Military might is only for deterrence. Capitalist China is a imperialistic force in the garb of a Communist government.
Pakistan is gonna realise it very soon.
No one is denying that fact, but the sector has witnessed unprecedented meltdown due to falling prices and weakening demand both domestic and international. Your real growth rate is contracting, from 10.1 percent in 2010 to 6 percent in 2016. And don't forget that your economy is export oriented unlike ours which is based on domestic consumption.
So China urgently needed to give a fillip to its domestic manufacturing, hence all the investments in high risk sectors. The Chinese are desperate beyond imagination hence the pressure on India to join their infra projects like BRI and OBOR. BUT WE HAVE CAUGHT YOUR BLUFF.