Is Pakistan heading for Bankrutcy ?? IMF alarm bells

[Jackdaws]

India were not born before she born after we have Pakistan. So u sud be thankful that we kick goras out and I think india kept goras till 51 to run its administration .
We never ask anyone to rescue if we can't defend ourself no one will so u don't worry about who we seek help but if u come with 10 hit u will return alot more than u a imagin so this imagination is keeping u where u are so sit tight and dream as much as u want it's all free .

Lol, no. Another Pakistani misconception. Pakistan also became independent at the same moment as India did - on 15th August.

 

[Chak Bamu]

Lol, no. Another Pakistani misconception. Pakistan also became independent at the same moment as India did - on 15th August.

On 23:59 14th of August.

 

[khail007]

Until Pakistanis unable to stop corruption and flow of money from Pakistan to other countries by corrupt leaders, the danger of bankruptcy will always be there like a hanging sword.

 

[tarrar]

The massive non stop loans for only corruption are damaging Pakistan very badly.

 

[Jackdaws]

On 23:59 14th of August.

Nah - 00.00 15th August.

http://www.legislation.gov.uk/ukpga/1947/30/pdfs/ukpga_19470030_en.pdf

 

[313ghazi]

Yeah sure, I've been reading the same headlines since 1998.

 

[raj76]

wow , you are stupid then to understand ECONOMICS
except germany total china export and imports to these nations is about roughly 2 trillion so rest is done to europe and asian countries which stand at 2 trillion which goes through state of malaca and south china sea which they are planing to divert its route to gwadar and also gwadar was not meant for only china turkey, africa middle east russia kazakistan uzbekistan etc countries will also do trade from gwadar and its in the middle of the world busiest trade route

china is saving $ 20 billion just only from oil import through gwadar

distance from china to arab is about 13000 km distance from gwadar to xingjang is only 3000km and charges for shipping container to china from europe is way higher then europe to gwadar

$33 billion is investment and 11 billion is loan which was increased to $22 billion at only 2% interest rate

View attachment 412357


lol twice the foreign reserve go and check again
yeah they could higher gdp but still haven't cross ours and still are way behind us
they dont have one the world biggest standing military they dont have world largest growing middle class and declining poverty they dont have fought WOT like us they dont save middle east from isreal they dont save mecca they dont fought aganist USSR and break it in pieces they dont have nukes they still are far behind in poverty reduction then pakistan they still have more then twice the inflation rate then pakistan

so man please go hide in the gutter

if u think u can manage that amount of imports and exports through 1 port u need a medical check up cpec is for strategic purpose and to cater 4% of chinese population on western border

 

[GeraltofRivia]

I am just wondering how much China exports to Africa and Arab countries, coz exporting to US and others who are the largest trading partners, China is not stupid enough to send through CPEC it is just not economical. There are much cheaper ways to go. So amount of toll would be much less.

Top trading partners for China
Rank Trading Partner Total trade
1

United States 521
2

Japan 312.55
3

South Korea 274.24
4

Taiwan 197.28
5

Germany 161.56
6

Australia 136.37
7

Malaysia 106.07
8

Brazil 90.27
9

Russia 89.21

Now what China imports from Arab and African countries. Arab countries is just oil and China is very quickly moving towards non-renewal sources of energy so the demand will only decline. And from Africa is next to nothing.
https://tradingeconomics.com/china/imports-from-africa

China is not stupid to invest that is why, China did it as loans and guarantee assured returns. Which is far more return than the dollars dumped in different international banks and loosing it's value anyhow.

Now just check the per unit cost of electricity that is promised from these coal powered stations which China is bringing and how you gonna compete with these input cost internationally.

As you rightly pointed out, the trade with Africa may not look much at the moment but Africa is an up-and-coming economy, particularly the eastern side. In the next 2-3 decades, Africa should have rapid development and become a very large market, which will demand a lot of trade. Gwader port will be rightly placed to facilitate the trade boom. also IMHO the key purpose of developing gwader port and CPEC at large is not merely to support the trade of China. Instead it is to facilitate the demand from the emerging manufacture industry of Pakistan, which will be developed once the infrastructure is in place. In the medium to long term, a growing local economy will naturally need many more new ports and new transportation system.

 

[BABA AGHORI]

As you rightly pointed out, the trade with Africa may not look much at the moment but Africa is an up-and-coming economy, particularly the eastern side. In the next 2-3 decades, Africa should have rapid development and become a very large market, which will demand a lot of trade. Gwader port will be rightly placed to facilitate the trade boom. also IMHO the key purpose of developing gwader port and CPEC at large is not merely to support the trade of China. Instead it is to facilitate the demand from the emerging manufacture industry of Pakistan, which will be developed once the infrastructure is in place. In the medium to long term, a growing local economy will naturally need many more new ports and new transportation system.

Let me be little more specific about Africa, Yes it is an emerging economy...I agree, Africa will have alot of trade, But to become a big market it 1st need to have a big middle class which it will only have when they trade with rest of the world as china will only buy raw material which doesn't create any middle class. And China doesn't need any finish products. So trade with China will not be that significant, that it can take CPEC forward.

Now point is which would be the top countries in next few decades with which Africa would trade will through GAWADAR...
http://www.pwc.com/world2050

As per current prospects China would be the only of the top economies accessible through gawadar as there is no link to CAR and Russia through AFG. If we go with current geopolitical scenario, Neither AFG will give the overland route nor US will let it give until US is there. and for Rest of the world economies GAWADAR is no go...

Now lets come at Pakistan Manufacturing, Pakistan's current and immediate power plants have an guarantee assured return of around 17 rupees per unit and when this power will reach the end user you can expect the price per unit they have to pay. With this type of input cost and cheaper supplies from China you can imagine what would be the status of the manufacturing industry.

 

[Sky lord]

I only hope, India's neighbor understand's this!...A successful Pakistan, Bangladesh, Nepal, Burma and Srilanka will benefit India more and make the successful stakeholders work to protect the success.is!

Hypothetically you are right of course

The issue is that Pakistan does not wish to be nor will it ever be a secular nation.

Hence the choice is between having a powerful or damaged theocratic junta as our neighbor.

A powerful junta will not let others live in peace a bankrupt junta will buy some time.

 

[sparten]

Pakistan (and India and frankly any nation with a population of more than 100 million) is not an export dependant country.

Exports for a country like us do not matter as much. Since we have a huge domestic market, which is only growing.
Look at our Industrial Output; grwn nearly 6%. Government reveues are up as well.
Lot of the drop in exports is due to the fatc that many large textile enterprises are now trying the domestuc market.

 

[SHAH820]

when Quora is a source of information even professors cannot help.
China has made many ghost cities and it can make a complete ghost region coz it has to move it's industrial engine other wise it will collapse coz it's already over productive. China will make all the tunnels and Highways even for free it's like giving subsidise to its industry so tht employment can be generated. Tell me on map which countries will be using CPEC and how ? US will not let Afg give u over land routes for CPEC come what may and China will only use CPEC to full potential only if strait of Malacca is chocked that too only for oil. coz there is no region that is connected via gawadar which is a big market for China.
over all if US and NATO goes to war with china more than half of the trade is with US and its allies, therefore US can bring down China even without firing a bullet.
Check map, China is making OBOR via Turkey, and this route doesn't even touch the beautiful Pakistan and it's peaceful territory.
And is Turkey so intelligent that it will first go south east 1000s of kilometres and then turn north to pass through high altitude passes for another couple of thousand kilometres only to touch Chinese border?
when it can just use already build road by China to reach china

bravo for your intelligence first china have only 400 billion trade this shows how you now much about the world

didnt your propagandist news channels tell you about from how long china was after gwadar from 1959 they show their interest in gwadar in 1998 they negotiate with the gov of pakistan in 2002 construction start but soon after musharaff gov fall the construction was stopped now they starts again

this the trade route of china for asia and about $2.3 trillion trade is done to asia and europe and it have to travel from eastern china to western china and have a look at them

well western china is much bigger and still underdeveloped and to carry goods to these areas and to carry out goods from these areas increased the price so to travel make them cheaper they have to travel from pakistan to from gwadar to asia africa and europe and if china want to take goods to europe it simply uses its pre build railways to ship goods to pakistan then to region deepest duty free port gwadar then to europe and railway is always cheaper then ships and trucks

these are the countries who express interest in CPEC
http://www.valuewalk.com/2016/11/uk-france-russia-join-pakistan-china-cpec/
https://propakistani.pk/2017/01/19/countries-hoping-become-part-cpec/
https://tribune.com.pk/story/1375504/britain-eyeing-become-key-partner-cpec/
https://tribune.com.pk/story/1337274/tajikistan-join-pakistan-road-link-bypassing-afghanistan/
lets have a article from your own news outlet
http://thediplomat.com/2017/05/will...onomic-corridor-be-a-gateway-to-central-asia/

and for china making OBOR via turkey haven't completed and is not near to completion, gwadar is

and for turkey we have a look at them
http://pakobserver.net/pak-turkey-fta-agreement-to-be-signed-in-may/
http://pbc.org.pk/the-proposed-paki...istan-must-not-let-emotions-dictate-this-fta/
https://www.thenews.com.pk/print/206605-Pak-Turkey-FTA-talks-from-June-6
and for road linking pakistan and turkey here you go
http://www.udhb.gov.tr/eng/proje-5-international-road-projects.html
https://tribune.com.pk/story/1151573/pakistan-turkey-likely-revive-2003-road-deal/

this road was already built but rarely use now they are reviving it so it will connect iran turkey pakistan with african nations and easily with china but just one road

and for war with US only thing US have to do is to block china's trade going to africa asia europe and open theirs which eventually collapse china china will loose about 80% of its trade where and US import 527 billion from china and only export 128 billion so you can see china have a lot to loose and thats what china doesn't want to happen

now man please go and repeat school or stop watching propagandist channels

 

[BABA AGHORI]

bravo for your intelligence first china have only 400 billion trade this shows how you now much about the world

didnt your propagandist news channels tell you about from how long china was after gwadar from 1959 they show their interest in gwadar in 1998 they negotiate with the gov of pakistan in 2002 construction start but soon after musharaff gov fall the construction was stopped now they starts again
View attachment 412754
this the trade route of china for asia and about $2.3 trillion trade is done to asia and europe and it have to travel from eastern china to western china and have a look at them
View attachment 412761
well western china is much bigger and still underdeveloped and to carry goods to these areas and to carry out goods from these areas increased the price so to travel make them cheaper they have to travel from pakistan to from gwadar to asia africa and europe and if china want to take goods to europe it simply uses its pre build railways to ship goods to pakistan then to region deepest duty free port gwadar then to europe and railway is always cheaper then ships and trucks

these are the countries who express interest in CPEC
http://www.valuewalk.com/2016/11/uk-france-russia-join-pakistan-china-cpec/
https://propakistani.pk/2017/01/19/countries-hoping-become-part-cpec/
https://tribune.com.pk/story/1375504/britain-eyeing-become-key-partner-cpec/
https://tribune.com.pk/story/1337274/tajikistan-join-pakistan-road-link-bypassing-afghanistan/
lets have a article from your own news outlet
http://thediplomat.com/2017/05/will...onomic-corridor-be-a-gateway-to-central-asia/

and for china making OBOR via turkey haven't completed and is not near to completion, gwadar is

and for turkey we have a look at them
http://pakobserver.net/pak-turkey-fta-agreement-to-be-signed-in-may/
http://pbc.org.pk/the-proposed-paki...istan-must-not-let-emotions-dictate-this-fta/
https://www.thenews.com.pk/print/206605-Pak-Turkey-FTA-talks-from-June-6
and for road linking pakistan and turkey here you go
http://www.udhb.gov.tr/eng/proje-5-international-road-projects.html
https://tribune.com.pk/story/1151573/pakistan-turkey-likely-revive-2003-road-deal/

this road was already built but rarely use now they are reviving it so it will connect iran turkey pakistan with african nations and easily with china but just one road

and for war with US only thing US have to do is to block china's trade going to africa asia europe and open theirs which eventually collapse china china will loose about 80% of its trade where and US import 527 billion from china and only export 128 billion so you can see china have a lot to loose and thats what china doesn't want to happen

now man please go and repeat school or stop watching propagandist channels

Sorry mate i don't have enough time to write in details.

Hope this picture will help you to grow up with realities.
China to Europe - Doesn't need GAWADAR or CPEC
Turkey - Iran - China route, doesn't need to go through Gawadar or CPEC either

If strait of Malacca is blocked, GAWADAR is not the only way for china to reach west, Yes probably for the Arab countries and Africa. But that is it.
China can reach all the major economies and markets of the world without GAWADAR.

Have a nice day.

 

[SHAH820]

Sorry mate i don't have enough time to write in details.

Hope this picture will help you to grow up with realities.
China to Europe - Doesn't need GAWADAR or CPEC
Turkey - Iran - China route, doesn't need to go through Gawadar or CPEC either

If strait of Malacca is blocked, GAWADAR is not the only way for china to reach west, Yes probably for the Arab countries and Africa. But that is it.
China can reach all the major economies and markets of the world without GAWADAR.

Have a nice day.

lol man you are just showing what china is running from they its the they are using and that is very costly for them thats why they are making gwadar port to cut cost for their trade to go from eastern china to western provinces and to send those good back to africa asia europe and arab and vis versa so the same good dont have to travel double the way

 

[BABA AGHORI]

lol man you are just showing what china is running from they its the they are using and that is very costly for them thats why they are making gwadar port to cut cost for their trade to go from eastern china to western provinces and to send those good back to africa asia europe and arab and vis versa so the same good dont have to travel double the way

Sir, for Arab and Africa, Gawadar is yes, a gateway for China, but not for Europe. Yo need to check, the cost of Loading, unloading and the coz of Suez canal toll which is far more than going by rail to europe, in-comparison with time and cost. This is the only reason India also wanted an overland route via paksitan to reach Europe. Now NSTC from Chabahar also solve the same purpose to reach Europe via land route rather than sea( Suez canal).
You cannot take economic planners in China/India for granted for sure.