Pakistan wins China investment worth $42 billion

[jha]

Good Job NS...

 

[FaujHistorian]

Is it really investment or loans?

Oh bhai

investments can be loan and loan can be investment.

The investor of the bank puts money into the project hoping to get a good return.

Loans may be better as they come with fixed interest rate.

investments usually demand much higher return.

 

[我是恐怖分子]

can you post a reliable link please?

Chinese just pure investment, to help solve the power resources, promote regional development and improve people's livelihood.
I can't release the hyperlink，My level is not enough.

 

[jha]

Oh bhai

investments can be loan and loan can be investment.

The investor of the bank puts money into the project hoping to get a good return.

Loans may be better as they come with fixed interest rate.

investments usually demand much higher return.

Yes... Exactly..

This also means that China sees these projects materializing soon as Chinese are always pretty serious about ROE. An investment worth $42 Bill. can kickstart a whole new wave of economic activity.

 

[New]

Might seem a little off topic, but sorry guys, that's what it is, lol
Your votes would also be appreciated here,
As not much time is left, Please cast your vote
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[Porus]

China on Saturday promised neighbouring Pakistan investment worth $42 billion, an official said, as Islamabad promised to help Beijing fight what it calls a terrorist threat in its far-west.

Is there anything else Pakistan can be useful to other countries apart from offering its help in the fight against terrorism? And I am sure even in that field China can teach Pakistan how to do it correctly.

 

[New]

Is there anything else Pakistan can be useful to other countries apart from offering its help in the fight against terrorism? And I am sure even in that field China can teach Pakistan how to do it correctly

I don't know where you are from dude, but you shouldn't be sure about that, Pakistan is a proud and respected Muslim nation, with lots of potentials.

 

[INDIC]

China on Saturday promised neighbouring Pakistan investment worth $42 billion, an official said, as Islamabad promised to help Beijing fight what it calls a terrorist threat in its far-west.

View attachment 149103
Pakistan's Prime Minister Nawaz Sharif oversaw the signing of 19 agreements and memorandums mostly centred on the energy sector as he met Chinese President Xi Jinping in Beijing.

Pakistan, a close ally of China, suffers from chronic electricity shortages and Islamabad has long sought investment in coal-fired power stations which it sees as a solution to the problem.

Other countries have balked from such investments, sometimes on environmental grounds.

The new agreements pave the way for Chinese state-owned companies to help build at least four new power stations in Pakistan, while the deals also cover the supply and mining of coal, the prime minister's press office said.

"The deals being signed between China and Pakistan are worth $42 billion. The whole investment is being made by China," said Amir Zamir, spokesman for Pakistan's ministry of planning and development.


"There is no loan or aid for the energy projects, but pure investment by the Chinese," he told AFP.

Pakistan has for decades been China's closest ally in South Asia, and Beijing is a major trading partner and key supplier of military technology to Islamabad.

Pakistan borders the far-western Chinese region of Xinjiang, which has seen a series of clashes and attacks on civilians that have left more than 200 dead in the past year.

Beijing blames some of the region's violence on an organised terrorist group it calls the East Turkestan Islamic Movement (ETIM) seeking independence for the region, home to the mostly-Muslim Uighur minority.

Many analysts doubt that any large scale organisation of the kind exists, while rights groups blame the violence on what they call the repression of Uighur language and culture by Beijing.

Sharif told Xi that Pakistan would "resolutely fight the East Turkestan Islamic Movement terrorist force," China's foreign ministry said in a statement following the meeting in Beijing.

"We stand behind China on all the core issues like Taiwan and Tibet to human rights, the fight against the ETIM," Sharif added within earshot of journalists.

Xi was forced to cancel a planned trip to Pakistan in September due to anti-government protests in Islamabad.

But the Chinese president visited Pakistan's arch-rival India the same month, signing a raft of deals.

Sharif acknowledged that "somehow the circumstances led to the postponement of the visit," adding to Xi: "I believe you will be visiting Pakistan very soon."

This is for public consumption, every year China announce 35-40 billion investment in Pakistan.

 

[Darth Vader]

Xi feeling naughty look at his naughty smile

 

[Bouncer]

By the way what is on shopping cart of China this time,
Ports already sold
Nuke plants already sold
Hydro plants already sold
Railways already sold

Handing over operations of a port means selling it? This is done all over the world. PSA (Singapore) runs ports in the US. So US is also selling its ports to Singapore?

Our nuclear power plants were built with the help of China in the first place (except for KANNUP). What are you implying here? Hydro sold? What is it supposed to mean? Railways?

Not sure you if this is really your level of understanding or you just hate the current government to write any BS.

 

[Danish saleem]

International forces not allowing China to reach warm waters via Pakistan, and dharnas is also the strategy for tha

 

[Bas_kya_bhai]

good nawaz good. you wont get any appreciation be it 42billion investment or zarb i azb.

 

[Asian.Century]

Haha, no India:

 

[A1Kaid]

PTI supporters hate to see the reality that PM Nawaz Sharif is doing good for the country, meanwhile they are still crying because they lost the election.

 

[B+ Dracula]

AFLATOONs .....drag PTI vs PML discussion here.....As they've no other place to hide ...