chetak wrote:This is like buying stale popcorn during the interval when watching a really bad movie.
What next, after this?? a contract to clean the footpaths in Colombo??
the Hans are deeply entrenched and will not budge. They may be somewhat contained but they will not vacate.
the Sls are back at their old game of squeezing money out of India under various pretexts and are now playing off the Hans against us.
But Han's are being squeezed hard by the US sanctions. Many labour-intensive works like clothing, shoes have totally shifted out of China to Vietnam and other SE Asian countries. Its just matter of time before others move out due to multiple factors.
China cannot sustain throwing around their money at this rate. Many well-off Chinese are moving their money out of China by hook or crook.
The sanctions were just a long rope for China to get itself twisted in knots.
The sanctions are a passing phase and of course, it will cause damage to the hans which was the main purpose anyway.
However rough it gets, the hans will ride it out, one way or another, make changes economically etc but their core military interests will not suffer from lack of funding. They will undoubtedly be stretched, they will slow down non core funding but projects like hambanthota will not be touched.
The hans do not want to get into "housing" projects and such other gumf like India does. There is no ROI here.
The hans are more the highway, railway, airport, sea port kind of guys where a tangible ROI and, in lieu of the wilfully desired/enginered payment default, the potential for long term take over of the ownership of the project exists and also the potential for revenue generation and/or along with a military objective.
These plans of theirs have been in the pipeline for decades and are only now becoming visible to the rest of the world. The amerikis have also waited from maybe two or more presidencies before trump to lay the foundation and to hit back and undermine the han plans.
It makes me wonder if Trump wasn't actually a deep state project, after all.