Is Pakistan overselling CPEC?

[Trisonics]

The point here is not about tolls or taxes, it's about building up infrastructure in Pakistan.

For developing countries, economic development is all about infrastructure.

Especially physical infrastructure (roads/railways/etc.), social infrastructure (schools and hospitals), and administrative infrastruture (laws and regulations).

Yes. The value in it starts when Pakistan is allowed to build it's own roads, by it's own companies, buy it's own equipment and infrastructure to maintain it, employ it's own people and add jobs and profits for her own people.

What China does is seize an opportunity, use its own resources, manpower, it's own raw materials and rob the host country and its people of jobs.

 

[cerebrum@Assasin]

Hahaha Indian obsession with CPEC is really now at astronomical levels. Even if we are over selling and will gain peanuts, is it a concern for Indians ? Look the way they choose picky topics from media about CPEC is really obvious how much jealous they are about it.

So dear bhartis, tumharay Abba gee ka eik paise nahi lug raha project mein so jo kuch be hoga woh humhey handle kerna hai good or bad so stop thinking about cpec please no matter how hard it is for any random Bharti.

Well said!!! Aag lga de aag!!Lol!!

 

[Stuttgart001]

Yes. The value in it starts when Pakistan is allowed to build it's own roads, by it's own companies, buy it's own equipment and infrastructure to maintain it, employ it's own people and add jobs and profits for her own people.

What China does is seize an opportunity, use its own resources, manpower, it's own raw materials and rob the host country and its people of jobs.

Since when Indian are so nice to care about Pakistan benefit like a sincere friend.
Unfortunately, no matter what you Indian said, CPEC would be carried on.
As soon as the infrastructure is completed, there are much more cities and business centers emerging along the roads and rails ,plus much more solid control of territory for Pakistan government.

 

[S.Y.A]

Yes. The value in it starts when Pakistan is allowed to build it's own roads, by it's own companies, buy it's own equipment and infrastructure to maintain it, employ it's own people and add jobs and profits for her own people.

What China does is seize an opportunity, use its own resources, manpower, it's own raw materials and rob the host country and its people of jobs.

Pakistani companies are the ones building those roads. China is just providing the money.

Yes. The value in it starts when Pakistan is allowed to build it's own roads, by it's own companies, buy it's own equipment and infrastructure to maintain it, employ it's own people and add jobs and profits for her own people.

What China does is seize an opportunity, use its own resources, manpower, it's own raw materials and rob the host country and its people of jobs.

also, other projects like power plants and dams, a significant number of Pakistani engineers have been hired, and everything is being done in partnership with the Pakistani companies. I know that because a number of electrical engineers from NUST were hired by the Chinese, they were actually trained in China for a few months and then sent back to Pakistan to work on the Bin Qasim power plant.

FWO involvement
NESPAK

 

[vikata]

you ask any thing about any problem and they will say after cpec it will be solved
it is nothing but a colonization model without shedding a drop of blood
now coming to chinese investment
when u have more option u choose the best thing suiting u tha's why competitive bidding in case of pak china is looting everything at a throw away price in the name of investment be it agricultural lands,stock exchange
pakistani will realise their folly after a decade when they will realize consequence of putting everything in one basket

chinese capital ,chinese technology chinese workforce (majorly) and what will pakistan assure to them is the one of the highest rate of return to their investment
hope pakistani understand that even in india british showcased railway as the beneficiary of indian interest but the reality was diametrically opposite

what pakistan should do is to have good relation with all so as to get the best thing at the best time at the best price for the best interest of pakistan

 

[salarsikander]

Wow. The Cpec obsession is killing gangs people. Who are gathered here like rats.

It seems even with such h so called prosperity, the gangs mentally will always keep them confined

Gangaiaites should be the last person on earth advising us, that too our relations with China!
Every thread you see in filled with gangs pollution

 

[VCheng]

The point here is not about tolls or taxes, it's about building up infrastructure in Pakistan.

For developing countries, economic development is all about infrastructure.

Especially physical infrastructure (roads/railways/etc.), social infrastructure (schools and hospitals), and administrative infrastruture (laws and regulations).

So what does China gain out of its investments in developing infrastructure in developing countries? After all, China must be doing this investment to serve its own national interests, not that of the developing countries.

 

[Chinese-Dragon]

So what does China gain out of its investments in developing infrastructure in developing countries? After all, China must be doing this investment to serve its own national interests, not that of the developing countries.

Three things mainly.

The first is finding an outlet for China's industrial overcapacity, for example in steel and cement. The second of course, is the age old reason of profit. The third reason is to gain additional diplomatic favor with the decision makers in the Pakistani government, both present and future.

In my opinion.

 

[Spring Onion]

Yes. The value in it starts when Pakistan is allowed to build it's own roads, by it's own companies, buy it's own equipment and infrastructure to maintain it, employ it's own people and add jobs and profits for her own people.

What China does is seize an opportunity, use its own resources, manpower, it's own raw materials and rob the host country and its people of jobs.

Chinese are already working on infrastructure much before CPEC was even drawn in minds. so it is not new. Am not sure about future buying but as far as i know roads are being constructed in Hazra division under CPEC plan wherein the material is bought from Pakistan and the manpower is also local. The Chinese are supervising the project.

I know few people working there ; a labourer is getting 35K per month but he has to work constantly during work hours unlike in Pakistani projects where labourers waste time by taking recesses

 

[VCheng]

Three things mainly.

The first is finding an outlet for China's industrial overcapacity, for example in steel and cement. The second of course, is the age old reason of profit. The third reason is to gain additional diplomatic favor with the decision makers in the Pakistani government, both present and future.

In my opinion.

Would it be fair to list your three things, in different words, as dumping excess capacity with adverse effects on local industry, and driving developing nations further into debt to finance the development projects for its own profits, in order to exert influence over their governments' policies? Or is that wording incorrect, in your view?

 

[Spring Onion]

you ask any thing about any problem and they will say after cpec it will be solved
it is nothing but a colonization model without shedding a drop of blood
now coming to chinese investment
when u have more option u choose the best thing suiting u tha's why competitive bidding in case of pak china is looting everything at a throw away price in the name of investment be it agricultural lands,stock exchange
pakistani will realise their folly after a decade when they will realize consequence of putting everything in one basket

chinese capital ,chinese technology chinese workforce (majorly) and what will pakistan assure to them is the one of the highest rate of return to their investment
hope pakistani understand that even in india british showcased railway as the beneficiary of indian interest but the reality was diametrically opposite

what pakistan should do is to have good relation with all so as to get the best thing at the best time at the best price for the best interest of pakistan

Pakistani media had been taking up all kinds of aspects of CPEC for discussion and criticism long before CPEC was started. Pakistanis are not blind followers be sure we are very hard nuts ourrselves specially our media who try to find bones in a muscle so obviously nobody is going to get away with everything so easily.

NOw what you have stated in your comment well that is an ideal scenario for Indian hate for Pakistan so why so many Indians are more worried for Pakistan than Pakistanis themselves ?

There must be something that is worrisome for India in CPEC that is why so much fondness for Pakistanis. You may explain or shed some light what is bad for India if CPEC completes and deprives Pakistan of everything?

 

[Chinese-Dragon]

Would it be fair to list your three things, in different words, as dumping excess capacity with adverse effects on local industry, and driving developing nations further into debt to finance the development projects for its own profits, in order to exert influence over their governments' policies? Or is that wording incorrect, in your view?

No, I don't think that is incorrect.

There are two sides to every story. For the profit that China is making, and the debt that Pakistan is taking on, Pakistan gets a world-class infrastructure base.

For the local steel/cement industries that suffer, Pakistan gets extremely cheap steel and cement from China's excess capacity that has nowhere else to go. High quality at rock bottom prices.

For the large amounts of additional political/diplomatic influence that China will gain from Pakistan's current/future decision makers, Pakistan will also gain influence and leverage over China.

The important point to take away from this, is that China was once in the same position that Pakistan is in. When China opened our markets to the world, people were afraid that we would be flooded with foreign goods and businesses. And yes, that did happen.

All the things we can make now, we couldn't make them even a few years ago, back then we had to import nearly everything. Including the vital capital machinery needed to manufacture things in the first place.

China saw it as an opportunity, not a curse. It took decades but now we are on the other side of the playing field, this is achievable for Pakistan as well, given a good enough leadership.

The bottom line is that China cannot change Pakistan's destiny, only Pakistan can do that. What China is offering is a big business opportunity, which Pakistan can grab with both hands (like China did once), turn away and find another alternative, or use it as a crutch to become a welfare/benefits nation that just sits around and doesn't do anything. That's their own decision to make.

 

[VCheng]

No, I don't think that is incorrect.

There are two sides to every story. For the profit that China is making, and the debt that Pakistan is taking on, Pakistan gets a world-class infrastructure base.

For the local steel/cement industries that suffer, Pakistan gets extremely cheap steel and cement from China's excess capacity that has nowhere else to go. High quality at rock bottom prices.

For the large amounts of additional political/diplomatic influence that China will gain from Pakistan's current/future decision makers, Pakistan will also gain influence and leverage over China.

The important point to take away from this, is that China was once in the same position that Pakistan is in. When China opened our markets to the world, people were afraid that we would be flooded with foreign goods and businesses. And yes, that did happen.

All the things we can make now, we couldn't make them even a few years ago, back then we had to import nearly everything. Including the vital capital machinery needed to manufacture things in the first place.

China saw it as an opportunity, not a curse. It took decades but now we are on the other side of the playing field, this is achievable for Pakistan as well, given a good enough leadership.

The bottom line is that China cannot change Pakistan's destiny, only Pakistan can do that. What China is offering is a big business opportunity, which Pakistan can grab with both hands (like China did once), turn away and find another alternative, or use it as a crutch to become a welfare/benefits nation that just sits around and doesn't do anything. That's their own decision to make.

Thank you for being honest. All I will say here is that Pakistan is not China.

 

[NakedLunch]

Another day another anti-CPEC story.

 

[Thorough Pro]

According to bhartis, CPEC is a failure and will bankrupt Pakistan in three years, you should celebrate if we are over selling it, why worry?

AAG HAI KAY BHUJTI NAHI HAI
ZABAN HAMARI RUKTI NAHI HAI
BUND HAMARI SULGI HUI HAI
Thread PEH Thread BANAY JAINGAY
JHOOT APNA BARHATAY JAIN GAY

It is easy to understand that the volume of trade going through the ports of Pakistan will increase once the CPEC project gains momentum. But when the chief economist of the Planning Commission claims, as he did in a recent interview with Reuters, that 4pc of global trade will pass through this route, it can only be called a gross exaggeration.

In fact, that figure is absurd since it implies that approximately $700bn could be flowing through the CPEC infrastructure, going by figures of global merchandise exports alone. Clearly, this is an overstatement of colossal proportions.

The same individual then went on to claim that Pakistan could earn up to $8bn a year just from toll taxes and ‘rental fees’ from this traffic, helping it to easily tide over the repayment obligations from the various investments that have come in under CPEC, and which he claims will peak at $5bn per year.

Once again, this sounds like an overly optimistic assessment. First of all, nobody is sure of what toll taxes and ‘rental fees’ he is talking about, and, secondly, whether his projections of the volume of traffic that would be generated by CPEC are realistic. Thirdly, who will be responsible for the cost of maintaining the road infrastructure in the years to come?

For a long time now, there have been calls for more transparency in CPEC implementation, particularly regarding the financing arrangements. Thus far, the government has kept silent. If this is the best that the Planning Commission has to offer in response to repeated calls for more disclosure, then it suggests that the government itself does not know what it is getting involved in.

Ahsan Iqbal, the deputy chairman of the Planning Commission, has repeatedly urged those who are asking questions about CPEC to avoid “negative propagation”, hinting that doing so plays into the hands of Pakistan’s enemies. But what else are we supposed to do when we are fed this sort of overoptimistic information, if not ask questions?

https://www.dawn.com/news/1332543/overselling-cpec