We are helping Chinese so why should we even pay them a dime? Given the size of our population we could've eventually become a major economy in the next 3-4 decades.
This thread is dedicated to Indian concerns over CPEC, their strategy in countering it ,Their opinions whether or not legitimate or illegitimate.
PS:Keep the debate as constructive as possible no sniffing backsides and senseless talk.
My Assessment
- We have already seen the trade deficit becoming a serious problem for Pakistan and various economist on TV worrying about next bailout pointing towards International banks (WB IMF,ASDB etc), Now Pakistan has to pay Chinese banks as well ,We also have witnessed a slight but clear increase in Debt after CPEC / Right after CPEC began port operations and Initial trade started flowing in.
- CPEC is militarily unacceptable to India hence the economic project has potential to escalate military conflict in the region involving foreign players like the United states who already sided the Indian camp ,India also intensifying efforts to derail CPEC by using alternate trade stations like Ports in chabahar and diversifying economic relations with Iran and Afghanistan,This leaves little room for future reconciliation over key-issues like Kashmir and South asian economic integration which can be more beneficial to common folk and help balance current and future trade crisis ,The recent Indo-china standoff in Doklam plateau at the Sikkim-Bhutan-Tibet tri-junction is another serious concern for Pakistan ,It risks Pakistan's Interests over Kashmir and geopolitical goals.
- To counter Afghanistan's official stance over CPEC and potential partner ,India has invested in a trade corridor connecting Chabahar India-Afghanistan Iran to (Africa and Middle east plus rest of the world). A planned road connecting the port to Afghanistan is being constructed, This can liberalize Afghan demand and provide an alternate over current trade with Afghanistan which is our 3rd biggest export partner ,currently Pakistan's services sector (Agriculture food processing etc) reap benefits over this trade with afghanistan.
The Indian Opinion
Indian assessment on CPEC revolves around the fact that "China" needs "Pakistan" therefore why should Pakistan pay China at all?
@Signalian @Joe Shearer @niaz @Mentee