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The real face of CPEC : Destroying Pakistani Industry

@Genesis You are looking at thing white or black. Lets discuss somewhere in between, the grey side.

Two points -
  • We can only open when we believe our local industry is ready to compete and can survive.
  • We can only open that much as we believe our local industry can handle.
Pakistan local industry or even Indian can not compete with chinese which has sheer advantage of scale. We have to build our capabilities from within. I am not even talking about quality issues here.



Kahan bhatak rahe ho janab, zara thread subject bhi check karo. :lol:


lol deleted :p:

Eh you're in a wrong thread :D

lol yes the idea of f16 made me so much charged up i posted in a whiff :smart:
 
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Pakistan imported $7.5 billion

“None of the major trade agreements Pakistan has signed have shown a significant increase in its exports. However, imports have shown a healthy increase post-all major FTAs signed by Pakistan,” according to an assessment of trade agreements carried out by the Pakistan Business Council (PBC), an advocacy platform consisting of 47 of Pakistan’s largest businesses

The influx of Chinese steel in the country is hurting the local industry, lamented an official, adding that the widening price difference is also causing imports to rise.

FTAs have been made with the perspective of import to satisfy personal interest and not national interest. These FTAs are drafted by those who have vested interest in that country, under the umbrella of technical members.

Pakistani interests come first.

Not Pakistani, it should be Pakistan's interest. We stand at this juncture as we have been putting some Pakistani's interest first.

How do you combat state paid subsidies for under-cost exports??

Pakistan should also subsides those areas which has potential. Right now subsidies are only to support personal industries. The day these subsidies are diverted for state interest there will not be any problem.

Pakistan is an agriculture based country yet its products are not competitive in international market. Each year instead of increasing the yield we are having reduction in produce. Government departments allow these products to be wasted due to storage and do a lot of wheeling and dealing on grain stored in official storage again self before country.

Local industry is not ready to reduce their profit margins thus allowing import of cheaper alternative. If CPEC results in industrial failure, it will not be fault of Chinese, it will be fault of Pakistani manufacturers, bureaucrats, politicians and traders. For satisfying self interests rather then Pakistan's interest.
 
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Exactly....Indians will definitely like to create controversies regarding CPEC. Irrespective of what others do......

We have consensus in Pakistan that it should be built at any cost.

We should exploit CPEC to our fullest advantage, also keeping our local businesses intact.

It depends more on us than Chinese.........

I have read news below, is it anyhow related to CPEC?

http://tribune.com.pk/story/1126610/unprecedented-china-eases-rules-pakistans-banks/

@Kaptaan @Viper0011. What do u guys suggest, how should we protect our local businesses?


What Indians got to do with this thread @somebozo is not Indian ..

India received 55Billion $ in 2 years.. We are not dependent on one single project.. CPEC is no magic wand to turn pak into trillion $ economy..

http://m.ndtv.com/india-news/india-received-55-billion-in-fdi-in-2-years-says-sushma-swaraj-1420955
 
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CPEC and FTA are two totally different things. Stop confusing and infusing both with each other. The title of the thread is totally misleading than whats actually discussed inside. The actual title dated 14 Jan,2015 is
FTA with China: Pakistan offers to scrap duties on 50% of products

Thats before CPEC was even signed. And the other one is dated..

November 27th, 2014.

Crux: Howl, cry, dig anything out but CPEC would IN SHA ALLAH be completed come what may. Sorry to disappoint so many people out here.
 
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This Indian guy "somebozo" is suddenly upset because China is blocking India's NSG entry. :lol:

As for the topic, my city Hong Kong became rich by being a trading conduit between Mainland China and the rest of the world. Singapore became rich in a similar way.

The question is how you use the opportunities you are given. If you are unable to do that, then learn how to. Or go for isolationism.
 
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I just love it when some anchor news group organizations NGO's and some Pakistanies who are High on Education trying to bring issue to confuse Nation.. like for example Pakistan is made on basis on secularism or for Islam.. we had this huge land sitting from decades now finally we going to utilize it atleast we will have infrasturcture which bring prosperity specially for locals or worst come worst they will connection to major cities or with China.. but hey some just dont like us to grow.. despite all these Pakistan will stand and come back strong..Insha'Allah.
 
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If you are going to take the approach of protectionism, how are you going to compete globally. Pakistan, but especially India, needs to be international to be competitive and create growth.

Are you going to tell America, EU, Africa to tax Chinese goods but let yours through? They would listen to you?

China is the manufacturing leader, because we took the challenge and we won, you want something, take it, but don't build a wall, cover your ears and hear no evil. That's the Soviet's approach. I don't have to tell you where they went.

Do protectionism if you want, but all you will do is create a highly inefficient industry thatch about as competitive internationally as Chinese football is.

You have cantered off on a tangent.

It shall be foolhardy to isolate yourself under protectionism. Brixit is the latest stupidity on the block.

Please read what I have written and then understand what has been implied with it.

There is nowhere that I have said that one needs to introduce tariffs .... instead, I have lauded that China has the manufacturing based economy with over capacity which had the EU and US markets as the market (since dwindling due to reduced demands from these economies). To compete against it, the cost of finance has to be brought down ... our domestic markets that is India and Pakistan, are being fed in meager percentages in comparison to the servicing of the same by the Chinese products. The high cost of finance is rendering economically viable and competitive home grown industries from taking roots ....

The protectionism that I have implied is in terms of lowering cost of finance primarily ..... policy, infrastructure are a phased requirement for the same.

This Indian guy "somebozo" is suddenly upset because China is blocking India's NSG entry. :lol:

LOL ... the PDF Analyst has analysed him as Indian after seeing the flags (Pakistani)... due to his presenting a different narrative to CPEC ..

Thanks mate, but we have enough of those 'analysts' anal-ising here without being 'analysts' suggest check things at your end. Cheers


@somebozo you may wish to go to Indian Consulate and apply for a PIO (person of Indian origin) passport seeing this analysis!!
 
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This Indian guy "somebozo" is suddenly upset because China is blocking India's NSG entry. :lol:

As for the topic, my city Hong Kong became rich by being a trading conduit between Mainland China and the rest of the world. Singapore became rich in a similar way.

The question is how you use the opportunities you are given. If you are unable to do that, then learn how to. Or go for isolationism.
Every single person who doesn't agree with your opinion doesn't become an Indian. CPEC is extremely importance for Pakistan, but if the correct policies are not put in place before this functions, every single Pakistani Industry will have to pack up and leave. China dumps in Pakistan even when there is no CPEC, with CPEC, our manufacturing industry is going to be destroyed, unless our leaders realize it.
 
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Pakistan and CPEC consist of numbers of Rounds, You cannot judge the whole Game Changing Idea by picking its one Dimension, it is the whole different new world with numbers of Miracles that are rest to be fallen upon us if we willing to fight back by having some maturity about how Int.Business works.
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Why Did Loss happen in First Phase.??
Proverb :-"Wanting to be a BOXER and being afraid of getting Kicked"
We all know there is some Positive area in the whole Plan, then comes Grey Area that needs to explore more to help meet its International Standardization.
Positive Aspects:-
a) Everyone talks about Positive aspect of the plan look how the Mega and super construction is going on in all over the Pakistan, that will help raise our standards and will help us our Economy grow 2% GDP every year. ....bla blah blah
b) Then, some other argument floats around us by our fellow Pakistanis....Look something is better than nothing, or it will help us increase our learning skills of International Business
c) How Chinese are competing successfully their non branded items with Branded Americans items. That Skill is unmatched if we able to learn it with Chinese
d) In all negativity there is one ray of Positive hope that will help us in LONG-TERM, it is our Geography and right of charging service tax for all major minor Instances happened in our Land. So more we contribute towards positive ambience more Instances would take place
e) Cutting Edge military technology and assisstence like JF-17,Submarines and all Other Military Cooperation falls in that category.
f) Remember this we are at the Gate of East, West, South, Middle, Center, that is Our main strength and it'll have Domino-effect in long-term (that slot is reserved only for us)
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Grey Area Of CPEC:-
Grey Area needs to explore more, these are that area .....where we have all the Potential and skills to manufacture but we lack cutting edge technology that helps raise its standard worldwide.
for example, Our thriving Football Industry is taken aback by modern Footballs of China because they employed better technology that helped their football equipped with better Air Cutting technology and they also long last.​

Dark Side of CPEC:-

Be prepared for the unknown which is bound to happen sooner or later. The World is heading towards a Free market concept so we have to make our world better by employing shrewd Ideas. Business is a game of Survival for the fittest. So embrace yourself for next round. It makes some sense...If you observe it closely
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If a chance is given to us for buying the item in following Baskets, what would we do...
- Swiss watches - American Computer - French Perfumes - HQ Chinese tech items - Agriculture Items - Japanese Electronics
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we definitely put all of our weight in favor of Pakistan when it comes to Basket of Agriculture, It depends on Consumer Perception what he perceives about Products origin, All above Product family are associated to different Country. That Phenomenon is worldwide all world consumers prefer Japanse Cars over their own, all World consumers prefer American Computers over their own

There was a time when Americans termed Japanese products as low-quality products .....then a time comes when Japanese dominated the Amercian Market and manipulated the Amercian people mind like word...."Amercian Cars" is replaced with word Japanse Cars.
Now Americans Prefer Toyota over Honda and General Motors in the first ladder of Cars Market than in 2nd ladder Americans prefer Honda Cars over General Motors then in Third Ladder of Person mind General Motors rings its bell.


Conclusion:-
If I've to conclude CPEC masterplan in few words, then I would take example of Dubai, Dubai is a Free Port inviting all world Business Tycoons to settle their affairs in Dubai and Dubai is aligned in way to assist world Entrepreneurs and Brands, I still have yet to see Made in Dubai products???...Why because they've nothing to Offer nothing to sell except their "REAL ESTATE" that include Sky Scrapper, multi architectures, flats But we on the other hand possess huge line of Product like world ancient Tourism Spots, Gandhara Civilisation, Northern Places etc

We have the big line of Product to offer to world community not merely relying on Real Estate, Agriculture,Manpower and CPEC. CPEC is the new Phenomena that is bound to happen in its right time.

" If Opportunity Offers something then Grab its whole Hand "
Opportunity is knocking at our doors, it's up to us how we contemplate ourselves with better outcome
 
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The great road as a great wall of China, the enemy is burning to look it.
 
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Pakistani Market is already flooded with Chinese good, i am no expert in economics, but i think it will have/should have lil impact ....
 
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The Pakistani industry needs to learn how to compete globally --- increased protectionism doesn't help.

But, I agree, our biggest issue is our trade deficit. Imports need to be controlled. Local manufacturing should be encouraged via JV's, etc., rather than simply "assembly."
 
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nay national interest comes first and you can see how much india is hurt by cpec ..... keep it going ...no matter what it wont stop now .
The reason India is "hurt" by CPEC is because of the strategic leverage it will provide CHINA and not the benefit to PAKISTAN. The day Pakistanis understand this, there will be hope for your nation
 
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the-real-face-of-cpec-destroying-pakistani-industry

WHAT INDUSTRY :lol:.
We cant sink further then we have sunk, but then again we never seize to amaze :D.
 
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the-real-face-of-cpec-destroying-pakistani-industry

WHAT INDUSTRY :lol:.
We cant sink further then we have sunk, but then again we never seize to amaze :D.
We still have our textile industry. :(
 
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