Analyzing CPEC

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Peregrine
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Analyzing CPEC

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X Posted on the Terroristan Thread
Lobbying firm hired to target CPEC in European Parliament
LONDON: A group called Baloch Voice Association (BVA) has hired an influential lobbying firm to arrange a conference on Balochistan in the European Parliament against the China Pakistan Economic Corridor (CPEC) but the lobbying firm has not disclosed the amount paid to it in the European Union’s Transparency Register.
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Peregrine
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Analyzing CPEC

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CPEC’s Centre of Excellence fails to fulfill core responsibility

ISLAMABAD: The China-Pakistan Economic Corridor’s (CPEC) policy think tank, set up at a cost of Rs1.2 billion to fill policy gaps, is struggling to perform its core tasks even two years after its establishment due to misplaced priorities of the government.

Due to absence of a home-grown policy, the $60 billion CPEC is guided by a voluminous study that was carried out by the China Development Bank which became the basis for the Long-term Plan 2017-2030. At the time of approving the Centre of Excellence project, there was hope that the country will soon have research-based studies in important areas of CPEC, according to government officials who were involved in setting up the centre.

About two years ago, the government had set up the Centre of Excellence of CPEC with the aim of providing “policy guidelines to the Ministry of Planning and Development and other relevant ministries” in integrating the economies of the two countries. Its other key goal was providing empirical policy guidelines for best use of the $60 billion corridor and other foreign direct investment that will flow in because of CPEC.

In early 2016, the five-year project plan for the Centre of Excellence was approved at a cost of Rs1.215 billion.

The project’s objective was to “provide policy-based research guidance to federal and provincial governments and implementers of CPEC projects to enable an efficient and coordinated implementation, ensuring maximum benefit to both economies and society at large”.

The Department was also supposed to offer Masters in Chinese Economy and Masters in Chinese Cultural Studies within one year.

Two years down the line, the centre’s work is limited to only holding roundtable conferences and publishing articles in the media to counter propaganda against CPEC. It has also moved away from the five thematic research areas, showed internal papers of the Centre of the Excellence.

Since its inception, the centre has not produced even a single research paper in thematic areas of job growth and human resource development, urban development in Pakistan, financing and financial sector Integration, regional connectivity, trade and industry cooperation and socio economic impacts of CPEC.

The centre took over one year to set up and was inaugurated only in March 2017, said Dr Saleem Janjua, the head of urban development unit of the centre. He said that the centre was not responsible for the delay, adding that it has started conducting roundtable conferences.

The key obstacles in achieving the objectives were using the Center of Excellence for image-building activities by the Planning Ministry and hiring people with an engineering background in key positions, according to officials working with the centre and in the Planning Ministry.

An executive director level officer heads the centre and, according to the PC-I of the project, they must have over 15 years senior management experience in government, development sector or in international organisations with an emphasis on socio-economic development strategies and regional integration.

The centre could also not meet most of the targets set out for the second quarter of 2017, despite having a consolidated work plan. But the plan was modified keeping in view the short-term pressing demands put forth by the Planning Ministry, according to officials.

Executive Director of the Centre Dr Shaid Rashid claimed that the centre has produced dozens of research papers that are also available on the website. But he could not cite the name of a single research paper.

The Centre of Excellence website carries three published reports, which are largely based on day-to-day issues. For instance, one report is based on outcomes of a roundtable conference on “CPEC-A Step towards Environmentally Sustainable Special Economic Zones”.

There was a realisation that the ministries and departments directly or indirectly linked with CPEC projects need policy support as most of the implementers do not have strong internal research and development facilities. The CPEC Centre of Excellence was meant to fill this gap.

However, instead of producing quality policy documents, the centre’s internal papers showed that work in most of the targeted areas remains behind schedule. For instance the work on proposed Priority Special Economic Zones under CPEC, Factor Endowments Opportunities and Prospects has not been completed yet.

Similarly, work on situational analysis of GSP, GSP+, EU, Pakistan and CPEC could not be completed. The CPEC value proposition for China, Afghanistan, Iran, EU, Sweden and Azerbaijan could not be completed either.

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Re: Analyzing CPEC

Post by SSridhar »

CPEC, a game changer for Pakistan, but disastrous for Gilgit-Baltistan - ANI
GILGIT-BALTISTAN [PAKISTAN]: The China-Pakistan Economic Corridor (CPEC), a multi-billion dollar infrastructure and development-related project, has generated euphoria in Pakistan, but in Gilgit-Baltistan, a disputed region, local residents have environmental, demographic and sectarian concerns.

According to a report published by Germany's Deutsche Welle broadcasting web site, local activists fear these projects would not only trigger an ecological disaster, a demographic shift and encourage land grabbing, but also threaten their unique culture.

"The Chinese are known for implementing development projects without caring much about environmental issues," Farman Ali, a political activist from Upper Hunza in Gilgit-Baltistan, told DW.

"Over 70,000 trucks will pass through this region daily :?: , emitting a large amount of carbon. The government will also lay railway tracks in this mountainous area by building a number of tunnels. This will likely cause landslides and disturb the region's ecological balance," Ali said.

Islamabad claims the project would create employment opportunities for some 1.8 million people in Gilgit-Baltistan. The locals, however, are not ready to buy this claim. Despite having one of the highest literacy rates in Pakistan, youth in Gilgit-Baltistan are desperately looking for jobs.

Amir Hussain, a political analyst from the Lower Hunza part of the region, spurns the federal government's employment assurance.

Hussain questioned, "The Chinese bring their own manpower wherever they go. For CPEC, they are likely to bring seven million Chinese workers to Pakistan. Around 400,000 of them will be working in Gilgit-Baltistan. How will the locals get jobs?"

"Forget about the jobs; the locals are actually losing their livelihood because of this project. Small manufacturers and shop owners are suffering as a result of the Chinese goods flooding the market. The government has also cancelled the licenses for local miners. Mining in the areas is being handed over to the Chinese," Hussain told DW.

Land is a precious commodity in this mountainous terrain and the local population fears the CPEC-related projects would swallow their lands.

Hussain says the government has allocated around 500 acres of land for a special economic zone in the Maqpoon Das area. "These lands have been taken over in the name of CPEC projects. In addition, the army is planning to build checkpoints to provide security to CPEC projects. Fort that reason, they are planning to relocate people from Hunza and Nagar districts, which are located close to the Chinese border," Hussain claimed.

"CPEC has become a holy cow in Pakistan. The locals are not allowed to protest against CPEC projects. Those who do so are booked under anti-terrorism laws and dubbed anti-state elements," the analyst added.

Government officials dismiss these allegations and insist there is a consensus in Gilgit-Baltistan over the CPEC.

Faizullah Faraq, spokesman for the Gilgit-Baltistan local government, says all stakeholders have welcomed the massive development in the area.

The DW also reports that CPEC causes migration from Khyber Pakhtunkhwa and Punjab into Gilgit-Baltistan and will result in sectarian conflict.

The region witnessed massive sectarian riots in the 1980s under General Zia-ul-Haq's regime {and then after Kargil}.

"Most of the hotels, shops, markets and businesses are already owned by non-locals from Khyber Pakhtunkhwa or Punjab. Now CPEC projects will attract more migrants. This will ultimately turn the locals into a minority," Sher Babu, a political worker in Gilgit-Baltistan, told DW.

Some Gilgit-Baltistan residents believe that Sunni militant groups have already gained a foothold in the area.

"These jihadists are gaining strength and Gilgit-Baltistan could once again become a center of sectarian conflict," a Skardu resident told DW
on condition of anonymity.
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Analyzing CPEC

Post by Peregrine »

SSridhar Ji : Indeed Sir Ji - most definitely CPEC is a Game Changer - Now the Terroristani Cricket Team will play Cricket with a Tennis Racquet and Tennis with a Cricket Bat! Now the Games will be termed as Cricquiet and Tennket!

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Re: Analyzing CPEC

Post by ashish raval »

"Over 70,000 trucks will pass through this region daily"
Lol. 70k trucks. Are there even that many trucks in whole of Phakistan..? What will they be carrying underwears exported to Middle-eastern Ayesha?

I think whole CPEC is land grab exercise to make Pakistan claim look legitimate in PoK. Once completed we should take China to International court of justice for building on disputed territory of third nation and should be made to pay to break those roads too..it will be like spices and salt on the burning backside..

I will recommend India use this time to study international laws from all angles and make a water tight case on this. Let them use their billions first and it will be fun watching them being burned
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Re: Analyzing CPEC

Post by Peregrine »

ashish raval wrote:
"Over 70,000 trucks will pass through this region daily"
Lol. 70k trucks. Are there even that many trucks in whole of Phakistan..? What will they be carrying underwears exported to Middle-eastern Ayesha?

I think whole CPEC is land grab exercise to make Pakistan claim look legitimate in PoK. Once completed we should take China to International court of justice for building on disputed territory of third nation and should be made to pay to break those roads too..it will be like spices and salt on the burning backside..

I will recommend India use this time to study international laws from all angles and make a water tight case on this. Let them use their billions first and it will be fun watching them being burned
TERRORISTAN ECONOMIC SURVEY - 2016-17

Statistical Appendix -Survey 13 Chapter 17 Table 13.4

According to the above Survey Terroristan in 2016-2017 had 275.4 Thousand Trucks.

As such 700,000 Trucks of 15 Tonnes Each would mean over 10 Million Tonnes Per Day i.e. in 365 Days it over be over 3.8 Billion Tonnes. This seems to be Impossible as I am sure that "Gwadi Wadi Yaar" is not going to handle more than 30 Million Tonnes of Exports plus Imports Annually in its first 5 Years.

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Re: Analyzing CPEC

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X Posted on Terroristan Thread

NATO wants Afghan supplies shipment through Gwadar Port: Hasil Bizenjo

Pakistani officials say the US-led Nato military coalition in Afghanistan has offered to import vital supplies through Gwadar, calling it a much shorter and economically viable route into landlocked Afghanistan.

Federal Minister for Ports and Shipping Hasil Bizenjo, says Nato representatives proposed the idea at a recent meeting he convened with local and international business leaders.

“They [Nato] are very interested and we are working on it,” Bizenjo told VOA in an interview.

Russia supplying free fuel to Taliban in war against NATO forces, reveals report

The coalition of about 16,000 troops, known as Resolute Support, mostly consists of Americans advising and assisting Afghan forces in their battle against the Taliban and other militant groups.

The military mission is dependent on ground lines of communication and air lines of communication, known as GLOC and ALOC, through Pakistan for receiving supplies.

Currently, Nato supplies are shipped through the Karachi Port, where they then are placed on trucks and transported on a week-long journey to neighboring Afghanistan via the northwestern Torkham border crossing.

“NATO told us it would be extremely convenient for them in terms of quick transportation of supplies from Gwadar directly to Kandahar. They are very interested and we are working on it,” Bizenjo told VOA in an interview.

The Gwadar Port is in Balochistan adjoining Afghanistan’s Kandahar province, which hosts one of the five US military bases in the war-shattered country.

Gwadar port is connected to the Chaman border crossing with Kandahar through a newly constructed highway, enabling truck convoys to reach Afghanistan in fewer than 24 hours.

Bizenjo said companies dealing in Afghan transit trade also want their cargo to be shipped completely through Gwadar.

“Another meeting with Pakistani business and Nato representatives and Afghan transit trade dealers has also been scheduled to further the discussions, Bizenjo said, without saying when.

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Re: Analyzing CPEC

Post by Vinay_D »

"Over 70,000 trucks will pass through this region daily"
The thruput of KKH is very limited. KKH is just a two lane road. Even if one truck enters from China into Pakistan from Khunjerab pass every minute then it will be 60*24=1440 trucks a day or 1440*365=525,600 trucks an year. At $260 per truck (@ $10 per 100km) it will be a maximum $137 million of toll an year. This does not consider the fact that:
1) Khunjerab and Karakoram Highway is closed from Jan to April every year.
2) Karakoram Highway is closed for 7-10 days every monsoon due to landslides.
3) Most truck drivers avoid travelling between 6:00 pm to 6:00 am in the mountains unless they wants to risk their lives
4) The initial assumption that one truck will enter Pakistan every minute is very high as it will result in a back to back convoy of 330 kms of trucks on KKH.

A more feasible figure will be a maximum of 500 trucks a day for around 220 days an year giving a toll tax of $29 million. Since Pakistan will have to pay for the CPEC security force of 10,000 soldiers from this toll, what will be left after that is peanuts. $60 billion loan repayment plus interest will be impossible from toll alone.
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Re: Analyzing CPEC

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China Hits Some Political, Financial Potholes on Its Modern Silk Road
Pakistan’s relations with Beijing are so close that officials call China their “Iron Brother.” Despite that, plans for the Diamer-Bhasha Dam were thrown into turmoil in November when the chairman of Pakistan’s water authority said Beijing wanted an ownership stake in the hydropower project. He rejected that as against Pakistani interests.
Among projects that have been derailed or disrupted:

Authorities in Nepal canceled plans in November for Chinese companies to build a $2.5 billion dam after they concluded contracts for the Budhi Gandaki Hydro Electric Project violated rules requiring multiple bidders.
The European Union is looking into whether Hungary violated the trade bloc’s rules by awarding contracts to Chinese builders of a high-speed railway to neighboring Serbia without competing bids.
In Myanmar, plans for a Chinese oil company to build a $3 billion refinery were canceled in November because of financing difficulties, the newspaper Myanmar Times reported.
Even Pakistan, one of China’s friendliest neighbors, has failed to agree on key projects.

The two governments are developing facilities with a total cost of $60 billion including power plants and railways to link China’s far west with the Chinese-built port of Gwadar on the Indian Ocean.
A visit by a Chinese assistant foreign minister in November produced no agreement on railway projects in the southern city of Karachi valued at $10 billion and a $260 million airport for Gwadar.

The same month, the chairman of the Pakistan Water and Power Development Authority announced the Diamer-Bhasha Dam would be withdrawn from joint development. The site is in Gilgit-Baltistan in Pakistan’s far north, part of the Kashmir region, which also is claimed by India.

“Chinese conditions for financing the Diamer-Bhasha Dam were not doable and against our interests,” the official, Muzammil Hussain, told legislators, according to Pakistani news reports.
In Thailand, work on a $15 billion high-speed railway was suspended in 2016 following complaints too little business went to Thai companies.

After more talks over costs, technology sharing and land ownership, Thai leaders announced a new plan in July for a first line to be built from Bangkok to the country’s northeast. Building contracts went to Thai companies while China will supply technology.
In Tanzania, the government has reopened negotiations with China and another investor, the government of the gulf nation of Oman, over ownership of a planned $11 billion port in the city of Bagamoyo. The Tanzanian government failed to raise $28 million for its contribution, leaving it unclear what share the government might get.

Tanzania wants to make sure its people get more than just taxes collected from the port, said the director of the Tanzania Ports Authority, Deusdedit Kakoko.

“Land is for Tanzanians, and as the government we’re ensuring they get a share,” Kakoko said in an interview.
In Sri Lanka, the government sold an 80 percent stake in a port in the southern city of Hambantota to a Chinese state-owned company on Dec. 9 after falling behind in repaying $1.5 billion borrowed from Beijing to build it. That prompted complaints the deal was too favorable to Beijing.

“There is the perception of a Chinese incursion into their sovereignty by taking over the port,” said BMI’s Zhang.
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Re: Analyzing CPEC

Post by manjgu »

Today chinese have objected to Indian investments in S China Sea as requested by vietnam... aint CPEC going thru our territory too??
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Re: Analyzing CPEC

Post by anupmisra »

manjgu wrote:Today chinese have objected to Indian investments in S China Sea as requested by vietnam... aint CPEC going thru our territory too??
It would be illogical to compare the two situations. South China Sea was never chini territory.
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Re: Analyzing CPEC

Post by anupmisra »

Prem wrote:
Apparently Yindoos are everywhere in bakistan. Bakistanis get bought over Haldiram's mithai.
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10 years from now, when Baki will have to show ID to Chinese to enter Lawhore................they will cry. We were left alone by Unkil. India was threatening us. Iran was threatening us and Afganistan was bad bad boy,we had no choice.
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rsingh wrote:10 years from now, when Baki will have to show ID to Chinese to enter Lawhore
I am looking forward to this set up between the hans and bakis in g'wadr in the next five years when the chini naval base becomes operational!
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Re: Analyzing CPEC

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Pushing the yuan by making it more relevant and compulsory.

China issues sweeping guidelines to push yuan for Belt and Road business
The People’s Bank of China (PBC) has announced a raft of new measures to push a greater cross-border role for the yuan
the PBC lists five seperate measures to be pursued
First, all cross-border business allowed by the law to be settled with foreign exchange can also be settled with RMB by enterprises.
Second, to serve the Belt and Road Initiative (BRI) and meet the demands for cross-border RMB settlement in employee compensation, social welfare, and allowance for family remittance in individual accounts, banks can provide individuals with cross-border payment services under other current account items.
Third, to promote green development, the Notice proposes specific rules for cross-border RMB settlement on carbon emission trading by overseas investors.
Fourth, direct RMB investments by overseas investors are made much easier. .. The Notice requires banks to ensure the free remittance of RMB profits, dividends, and other investment returns of overseas investors.
Fifth, the RMB funds raised by domestic enterprises through issuing bonds or shares overseas can be transferred back to China whenever necessary, thus simplifying the relevant procedures and daily operations of the enterprises.
https://www.dawn.com/news/1382348/china ... d-business
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Re: Analyzing CPEC

Post by ArjunPandit »

1. Pitch in for development projects, funded through high interest debt and your own labor
2. Wait for borrower credit worthiness to deteriorate
3.a. Push for own currency settlment
3.b. Fund army/military protection for your workers
3.c fund corrupt politicians/officials
4. Wait for default or push for unserviceable debt levels
5. When default occurs, convert debt to equity(read take ownnership of land)
6. Govern through proxies
6.a Take advantage of existing fault lines of society to consolidate more influence and power
6.b By the time other party realizes your game, you're hardly an outsider
7. If the game goes on, overt take control of governing structures

C'mon everyone, havent we heard of these 7 saintly activities earlier?
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Re: Analyzing CPEC

Post by ashish raval »

Excellent summary Pandit..on point 7 though do you feel there might be real danger if nation is a newclear armed Jihadi nation!!
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ashish raval wrote:Excellent summary Pandit..on point 7 though do you feel there might be real danger if nation is a newclear armed Jihadi nation!!
ashish raval Ji :

LE CODE DE LANCEMENT ET DE CUISSON EST AVEC LE CHINOIS!

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Re: Analyzing CPEC

Post by chola »

ArjunPandit wrote:1. Pitch in for development projects, funded through high interest debt and your own labor
2. Wait for borrower credit worthiness to deteriorate
3.a. Push for own currency settlment
3.b. Fund army/military protection for your workers
3.c fund corrupt politicians/officials
4. Wait for default or push for unserviceable debt levels
5. When default occurs, convert debt to equity(read take ownnership of land)
6. Govern through proxies
6.a Take advantage of existing fault lines of society to consolidate more influence and power
6.b By the time other party realizes your game, you're hardly an outsider
7. If the game goes on, overt take control of governing structures

C'mon everyone, havent we heard of these 7 saintly activities earlier?
Eh, if it were that simple then no one would take their loans and OBOR would never get off the ground and we have nothing to worry about.

What makes these muzzies (the pakis at the top of the heap here), singhalese and burmese so naive and innocent that they can be taken in so easily by the Lizard? Take a look at what they’ve done to the Hindus in their respective nations. (The Burmese the least culpable of the lot since they reserve their ire more for the muzzies.)

Most of the characters on the OBOR are rogue, sneaky, bloody-handed and will not be in it unless they get something out of it. Innocent and naive they are not.
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Analyzing CPEC

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X Posted on the Terroristan Thread.

China-driven Silk Road project hits political, financial hurdles

BEIJING: China’s plan for a modern Silk Road of railways, ports and other facilities linking Asia with Europe hit a $14 billion pothole in Pakistan.

Islamabad’s relations with Beijing are so close that officials call China their “Iron Brother”.

Despite that plans for the Diamer-Bhasha Dam were thrown into turmoil in November when the chairman of Wapda said Beijing wanted an ownership stake in the hydropower project. He rejected that as against Pakistan’s interests.

China issued a denial but the official withdrew the dam from among dozens of projects being jointly developed by the two countries.

From Pakistan to Tanzania to Hungary, projects under President Xi Jinping’s signature Belt and Road Initiative are being cancelled, renegotiated or delayed due to disputes about costs or complaints host countries get too little out of projects built by Chinese companies and financed by loans from Beijing that must be repaid.

In some areas, Beijing is suffering a political backlash due to fears of domination by Asia’s biggest economy.

“Pakistan is one of the countries that is in China’s hip pocket, and for Pakistan to stand up and say, `I’m not going to do this with you,’ shows it’s not as`win-win’ as China says it is,” said Robert Koepp, an analyst in Hong Kong for the Economist Corporate Network, a research firm. Belt and Road, announced by Mr Xi in 2013, is a loosely defined umbrella for Chinese-built or -financed projects across 65 countries from the South Pacific through Asia to Africa and Europe.

Other governments welcomed the initiative in a region the Asian Development Bank says needs more than $26 trillion of infrastructure investment by 2030 to keep economies growing.

Nations including Japan have given or lent billions of dollars for development, but China’s venture is bigger and the only source of money for many projects.

Governments from Washington to Moscow to New Delhi are uneasy Beijing is trying to use its Belt and Road initiative to develop a China-centered political structure that will erode their influence.

One of the projects that have been derailed or disrupted is located in Nepal where authorities cancelled plans in November for Chinese companies to build a $2.5bn dam after they concluded contracts for the Budhi Gandaki Hydro Electric Project violated rules requiring multiple bidders.

Consulting firm BMI Research has compiled a database of $1.8tr of infrastructure investments across Asia, Africa and the Middle East that include Chinese money or other involvement.

“It’s probably too early to say at this point how much of the overall initiative will actually be implemented,” said Christian Zhang, a BMI analyst.

The US and Japanese governments express interest in building contracts or other potential opportunities. But they also are trying to develop alternative initiatives.

The stumbles for one of the world’s most ambitious infrastructure ventures could help temper concerns Beijing will increase its strategic influence.

Even Pakistan, one of China’s friendliest neighbours, has failed to agree on key projects.

The two governments are developing facilities with a total cost of $60bn including power plants and railways to link China’s far west with the Chinese-built port of Gwadar on the Indian Ocean. A visit by a Chinese assistant foreign minister in November produced no agreement on railway projects in Karachi valued at $10bn and a $260 million airport for Gwadar.

The same month, the chairman of the Water and Power Development Authority announced the Diamer-Bhasha Dam would be withdrawn from joint development.

“Chinese conditions for financing the Diamer-Bhasha Dam were not doable and against our interests,” Wapda chairman Muzammil Hussain reportedly told legislators.

The Chinese cabinet agency overseeing Belt and Road, the National Development and Reform Commission, denied in a written statement that it asked for an ownership stake.

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Re: Analyzing CPEC

Post by ashish raval »

Peregrine wrote:
ashish raval wrote:Excellent summary Pandit..on point 7 though do you feel there might be real danger if nation is a newclear armed Jihadi nation!!
ashish raval Ji :

LE CODE DE LANCEMENT ET DE CUISSON EST AVEC LE CHINOIS!

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a du sens alors
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Re: Analyzing CPEC

Post by manju »

ashish raval wrote:
Peregrine wrote:ashish raval Ji :

LE CODE DE LANCEMENT ET DE CUISSON EST AVEC LE CHINOIS!

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a du sens alors
no intiendo (samjha nahi) :shock:
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Analyzing CPEC

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Peregrine wrote:ashish raval Ji :

LE CODE DE LANCEMENT ET DE CUISSON EST AVEC LE CHINOIS!

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ashish raval wrote:a du sens alors
manju wrote:no intiendo (samjha nahi) :shock:
manju Ji :

Buenas Tardes Don Manju :

EL CÓDIGO PARA LANZAR Y DISPARAR ES CON EL CHINO

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Re: Analyzing CPEC

Post by anupmisra »

Sindh seeks legislation for registration of Chinese citizens visiting province
Sindh government has decided to approach the federal government asking it to carry out legislation regarding forming a database of all Chinese citizens that visit Sindh.
"Laws need to be put in place for the registration of Chinese citizens that come to Pakistan via land and sea routes,"
It should be made mandatory for all Chinese citizens to register themselves with the area's police station if they wish to rent property or carry out business activities.
The development comes days after two Chinese citizens were caught with ATM skimming machines from Karachi's Zainab Market area.
https://www.dawn.com/news/1382486/sindh ... g-province
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Re: Analyzing CPEC

Post by chetak »

manju wrote:
ashish raval wrote:

a du sens alors
no intiendo (samjha nahi) :shock:
we are yokels, saar.

and because of that, we are hors de combat, onlee.
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Analyzing CPEC

Post by Peregrine »

X Posted on the Terroristan Thread

LO! KUR LO BAAT! : Political uncertainty clouds CPEC

ISLAMABAD: China is understood to be on the verge of putting on hold further investments under CPEC beyond what has already been done – a decision linked to the prevalent uncertain political situation in Pakistan and surging fears of turmoil in the months ahead.

The move, sounded out in a recent meeting of the new Chinese ambassador with the prime minister, will not affect the ongoing investments worth 29 billion dollars made so far out of 56 billion dollars committed by Beijing for impressive range of infrastructure projects in Pakistan, competent sources said.

The worrisome development is not entirely unexpected amid the chain of events unleashed in the wake of the ouster of former Prime Minister Nawaz Sharif through the July 28 verdict by a five-member Supreme Court bench and its wider implications for the very future of the country as it battles terrorism and confronts the perpetual hostility from a bigger neighbour and pressures from Trump-led US.

As things stand now, confusion and doubts abound regarding whether and how the nation will steer through the mess in order to maintain its deeply endangered march on the road to a stable democratic dispensation, through peaceful elections leading to a second smooth transfer of power from one elected government to another in the 70-year life of the country.

According to sources, the Chinese envoy has been in touch with authorities on the emerging scenario. The envoy is also understood to have broached the subject when he met with Nawaz Sharif at his Raiwind residence on Saturday.

The ambassador has already called on Prime Minister Shahid Khaqan Abbasi, who has often voiced concerns over the multi-dimensional fallout of the controversial court verdict including possible repercussions for the mega project which is crucial for Pakistan’s economy as well as regional connectivity.

In the face of India’s avowed mission to sabotage the corridor project, the uncertain domestic environment is generally considered all the more ominous. Terroristanis cannot blame any body else! THEiR RULERS I.E. THE ARMY MUST TAKE THE FULL CREDIT!

Ahsan Iqbal, who spearheads CPEC talks from Pakistan side, said a delegation headed by Secretary Planning is leaving for Beijing on Sunday (today) for next phase of talks. “Portfolio is moving forward and new phase of talks is beginning the next week,” the minister told The News.

‘Political events in Pakistan have sent China in a watchful mood,” Ahsan Iqbal said. “I, however, don’t see any threat to CPEC but I am concerned if we continue to throw surprises to the outside world, then anyone can be forced to rethink their economic investments,” he said. “In such a scenario our prospects of getting maximum benefits may be compromised,” he said adding “we have to ensure 200 percent political stability.”

There is a clear national consensus on the importance and significance of CPEC for the county’s economic growth, further strengthening of relations with the great friend and ally to the north, in the interest of regional balance and security and tackling the grave problem of unemployment and opening up vistas of great commercial benefits.

The deep sea port being developed at Gwadar in Balochistan and the extensive road and rail network will no doubt transform the region, lifting the country to its richly deserved stature of economic power commensurate with its distinction of being the sole Islamic nuclear power Their is no LIFTING in "DROOPY" Terroristan! All players in national politics stand in unison for uninterrupted and flawless implementation of CPEC, overcoming all hurdles in the way.

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Peregrine
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Analyzing CPEC

Post by Peregrine »

X Posted on the Terroristan Thread

PM to visit Gwadar amid concerns over anti-CPEC propaganda
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi plans to visit Gwadar on Monday amid reports of slow-paced development work and lack of basic amenities in the port city, and also to counter Indian propaganda against the China-Pakistan Economic Corridor (CPEC).
Civic issues, including lack of water and improper sanitation system, have mounted concerns of the Chinese authorities that have stressed the need for adequate steps to keep pace with the fast-tracked development of the port city, according to officials familiar with the issue.
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anupmisra
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Re: Analyzing CPEC

Post by anupmisra »

Senators upset over Chinese company’s tax and duty exemptions
The controversial duty and tax exemption given to M/s China State Construction Engineering Corporation Limited set off alarm bells in the Senate on Friday, with members warning that it could severely affect the local industry.
The company has been exempted from paying federal excise duty and sales tax on imported construction material and goods which will be used for the Karachi-Peshawar Motorway
“I wonder what prompted the Federal Board of Revenue (FBR) to give an exemption to the tune of Rs 10.98 billion to the Chinese firm”
“It means that you have opened the door for other Chinese companies and will dole out these favours to them in the future as well”
According to Pakistan Tehreek-i-Insaf’s Nauman Wazir, initially the cost of the project was Rs240bn which went up to Rs440bn after re-tendering then was brought down to Rs296bn.
members of the Senate asking that if a project was based on loans — would it increase the loan if the company was charged federal excise duty and sales tax. :roll:
The loan will go up if we impose taxes. This is concessional financing. Increasing tax revenues by loans would not be wise” :roll:
He said that no unusual concessions were being given to China and also ruled out the possibility of Pakistan falling victim to an East India Company-like situation.
Financial geniuses, all. Sir, may I have more SeePack, please?

https://www.dawn.com/news/1385582
Deans
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Re: Analyzing CPEC

Post by Deans »

chola wrote:
What makes these muzzies (the pakis at the top of the heap here), singhalese and burmese so naive and innocent that they can be taken in so easily by the Lizard?
Most of the characters on the OBOR are rogue, sneaky, bloody-handed and will not be in it unless they get something out of it. Innocent and naive they are not.
They may sign deals knowing fully well what the implications are.

What is common to all OBOR investee countries is that they are either dictatorships, or very weak democracies (Sri Lanka, Venezeula).
The lifespan of the ruler (and by extension his supporters) is short. If they are not in office, they are either dead, or will be investigated for
corruption. In this context, China pays off the Dictator/Strongman/General, who then sells out his country.
In CPEC, The Sharifs and the Generals get paid enough to ensure their families life comfortably abroad, irrespective of what direction the country
might turn in future.

The additional incentive to accept Chinese terms is because OBOR economies are in bad shape with International agencies increasingly reluctant to bail them out and even when loans are available they come with unacceptable conditions like open & transparent bidding. In this context, China's loans get marketed as a silver bullet that resolves the country's fiscal problems.

In similar situations in the past, when a dictator has reneged on repayment terms, the US (the only significant donor then) ensured regime change. Will China be able to do likewise, if for e.g. a ruler decides not to repay China and continue to run his country.
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Re: Analyzing CPEC

Post by Bart S »

Deans wrote: In similar situations in the past, when a dictator has reneged on repayment terms, the US (the only significant donor then) ensured regime change. Will China be able to do likewise, if for e.g. a ruler decides not to repay China and continue to run his country.
This actually presents an opportunity to the anti-OBOR countries to play the game as well when the time is right, and tie China down. It's a lose-lose for them because they either lose much of their investment, or get bogged down in a conflict far away from the mainland.
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Analyzing CPEC

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Ready for talks with India to resolve CPEC differences: China

BEIJING: China today said it is ready to hold talks with India to resolve their differences on the contentious $50 billion China-Pakistan Economic Corridor (CPEC) that passes through PoK.

Asked about Indian Ambassador to China Gautam Bambawale's interview to state-run Global Times in which he had said that differences on the CPEC should not be swept under the carpet, Chinese foreign ministry spokeswoman Hua Chunying said China is willing to hold talks with India in this regard.

"I noted the relevant report. Regarding the CPEC, China has repeatedly reiterated our position. As to the differences between China and India, China stands ready to communicate and hold talks with India to seek a proper solution so that these differences will not affect our general national interests. This best serves the interests of the two countries," she said.

As to any differences arising between the two countries, they can be resolved with sincerity and mutual respect, she said, adding that the parties can seek proper solution for management of the differences.

"We should not ask one party alone to solve this problem. We are willing to work with India to work with dialogue and communication for a better solution," she said.

"CPEC is merely an economic cooperation project. It has not targeted any third party. We hope the Indian side can put this in perspective and we stand ready to strengthen cooperation with the Indian side," she said. Without India CPEC will be a FAILURE! In addtion China will be able to CONTROL INDIA! INDIA MUST NEVER JOIN CPEC!!

India has objected to the $50 billion CPEC as it passes through Pakistan-occupied Kashmir.

The CPEC is a network of infrastructure projects that are currently under construction throughout Pakistan that will connect China's Xinjiang province with Gwadar port in Pakistan's Balochistan province.

In Video: CPEC row: China ready for talks with India

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Vinay_D
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Re: Analyzing CPEC

Post by Vinay_D »

Day 1 of the much hyped 2 day Gwadar expo 2018 which was inaugurated by the Paki PM today. 5000 Chinese and 10000 Paki investors and businesses were expected to attend,

https://www.youtube.com/watch?v=FxvmtranUdw
anupmisra
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Re: Analyzing CPEC

Post by anupmisra »

Vinay_D wrote:Day 1 of the much hyped 2 day Gwadar expo 2018 which was inaugurated by the Paki PM today. 5000 Chinese and 10000 Paki investors and businesses were expected to attend,

https://www.youtube.com/watch?v=FxvmtranUdw
There are more exhibitors than visitors in the video. If the cost to exhibit is this high (see link: http://gwadar-expo.com/sponsorexhibitor.html) I wonder the entrance fee would be for the visitor?

There were 1234 registered visitors. No chinis.
http://gwadar-expo.com/files/visitors_list.pdf
Bart S
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Re: Analyzing CPEC

Post by Bart S »

5000, 10000 and 1234 .... why are all Paki stats round figures or like a fancy number plate?
Rudradev
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Re: Analyzing CPEC

Post by Rudradev »

Peregrine wrote:X Posted on the Terroristan Thread

Ready for talks with India to resolve CPEC differences: China

BEIJING: China today said it is ready to hold talks with India to resolve their differences on the contentious $50 billion China-Pakistan Economic Corridor (CPEC) that passes through PoK.

Asked about Indian Ambassador to China Gautam Bambawale's interview to state-run Global Times in which he had said that differences on the CPEC should not be swept under the carpet, Chinese foreign ministry spokeswoman Hua Chunying said China is willing to hold talks with India in this regard.
Kya Hua Chunying?

Realizing belatedly that you have flushed $50 billion down the Pakistan on this CPEC venture... and now you want India to stick our hand down the commode and recover it for you?
Peregrine
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Analyzing CPEC

Post by Peregrine »

Peregrine wrote:X Posted on the Terroristan Thread

Ready for talks with India to resolve CPEC differences: China

BEIJING: China today said it is ready to hold talks with India to resolve their differences on the contentious $50 billion China-Pakistan Economic Corridor (CPEC) that passes through PoK.

Asked about Indian Ambassador to China Gautam Bambawale's interview to state-run Global Times in which he had said that differences on the CPEC should not be swept under the carpet, Chinese foreign ministry spokeswoman Hua Chunying said China is willing to hold talks with India in this regard.
Rudradev wrote:Kya Hua Chunying?

Realizing belatedly that you have flushed $50 billion down the Pakistan on this CPEC venture... and now you want India to stick our hand down the commode and recover it for you?
Rudradev Ji :

Sir Ji, India seems to have decided - and so it should - that it will not join CPEC as I am sure Indian Containers carrying Indian Goods as well as India Destined Containers coming for Afghanistan-China-Wherever will be Looted by the Terroristani "Non-State Actors". The fate of the NATO Containers plying between Terroristan and Afghanistan should be India's Guidelines.

IMO China thus wants to link India from Kunming via Myanmar and Bangladesh (could be avoided) and after Passing provide China with a Southern Route of CPEC-OBOR- some other Fancy Acronyms ityadi ityadi!

India has to avoid this "Southern Route LIKE THE PLAGUE!" If this Southern Route is created and Chinese "Container" Trucks go "to and from Terroristan" then it will be too easy for the Chinese to Transport either their own spies or even Terrroristani Terrorists into India.

As such INDIA SHOULD NEVER, BUT NEVER, JOIN CPEC - BASTA!

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Re: Analyzing CPEC

Post by Vinay_D »

Vinay_D
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Re: Analyzing CPEC

Post by Vinay_D »

A very sleek and elegant cultural show at Gwadar Expo 2018 opening ceremony :rotfl:

https://www.youtube.com/watch?v=TWG4tlY5_pw&lc
chetak
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Re: Analyzing CPEC

Post by chetak »

Peregrine wrote:
Peregrine wrote:X Posted on the Terroristan Thread

Ready for talks with India to resolve CPEC differences: China

BEIJING: China today said it is ready to hold talks with India to resolve their differences on the contentious $50 billion China-Pakistan Economic Corridor (CPEC) that passes through PoK.

Asked about Indian Ambassador to China Gautam Bambawale's interview to state-run Global Times in which he had said that differences on the CPEC should not be swept under the carpet, Chinese foreign ministry spokeswoman Hua Chunying said China is willing to hold talks with India in this regard.
Rudradev wrote:Kya Hua Chunying?

Realizing belatedly that you have flushed $50 billion down the Pakistan on this CPEC venture... and now you want India to stick our hand down the commode and recover it for you?
Rudradev Ji :

Sir Ji, India seems to have decided - and so it should - that it will not join CPEC as I am sure Indian Containers carrying Indian Goods as well as India Destined Containers coming for Afghanistan-China-Wherever will be Looted by the Terroristani "Non-State Actors". The fate of the NATO Containers plying between Terroristan and Afghanistan should be India's Guidelines.

IMO China thus wants to link India from Kunming via Myanmar and Bangladesh (could be avoided) and after Passing provide China with a Southern Route of CPEC-OBOR- some other Fancy Acronyms ityadi ityadi!

India has to avoid this "Southern Route LIKE THE PLAGUE!" If this Southern Route is created and Chinese "Container" Trucks go "to and from Terroristan" then it will be too easy for the Chinese to Transport either their own spies or even Terrroristani Terrorists into India.

As such INDIA SHOULD NEVER, BUT NEVER, JOIN CPEC - BASTA!

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Sirji,
"If this Southern Route is created and Chinese "Container" Trucks go "to and from Terroristan" then it will be too easy for the Chinese to Transport either their own spies or even Terrroristani Terrorists into India."
The hans and the pakis have absolutely no issues or problems with bringing in "spies/subversives", either via the beedi border or the nepali border which India has foolishly, thus far, left wide open. There are very grave political implications, local as well as transnational, to completely sealing off either route.

It is not even the issue of their one belt one pant CPEC road going through Gilgit-Baltistan, a part of Jammu and Kashmir that is under Pakistani occupation. This is a legal objection and has absolutely nothing to do with the economics of the CPEC itself.

There is a major issue which seems to have cropped up with the CPEC in pakiland with the details of which is not being made very clear. The aam abdul, the paki press as well as a section of the paki govt baboo(n)s and politicos have all made clear their unhappiness with the limited reach, tough chini financial conditions as well as the unilateral tax exemptions forcibly extracted by the hans from the pakis, such tax exemptions conspicuously not made available to the pakis themselves.

The hans have balked visibly at this very crucial stage of their CPEC initiative and thus need India to get on board the CPEC initiative. The actual reasons for this have not been made public but it may involve a multitude of reasons starting with security, baloch terrorist activity, the very environmentally hostile and economically inhospitable/nonviable terrain of the present route that includes perennially unnegotiable roads due to frequent landslides and their subsequent and very expensive, constant clearing, leading to unpredictable road blockages, the constant and very expensive electrical heating of the oil pipelines to keep the oil at a viscosity suitable for pumping/easy flow, ityadi, ityadi.

Apart from the security bit which clearly benefits the paki army's crore commanders, the pakis will never, in a million years agree to help in keeping the CPEC route motor-able, and free of landslide debris. They are smart enough to leave such mundane jobs to the competent han engineers.

Once the hans tipped their hand by seeking ownership/total control of the Diamer-Bhasha Dam as a precondition of their assistance, the pakis have become wary.

Alternately, the farce of the Diamer-Bhasha Dam financing may be a drama because the pakis are in no position of refuse any chinese "offer", especially when they have accepted help of the hans in other paki dam projects. This may be the chinese way of showing the world that they are dealing with the pakis not on coercive terms but on sound business terms.

Either way, the paki aam abdul enthusiasm for the CPEC seems to have waned, just a wee bit.

The hans don't give a rats about India's claims on Gilgit-Baltistan. So this was never a bone of contention. The problem is far more complicated, and the hans need India to get on board because they need Indian territory, maybe, for a possible realignment of the CPEC via myanmar, beediland, through India with access to gwadar via pakiland as well as access to Indian ports. They also desperately want access to Indian markets, the already available Indian road and rail infrastructure, on the same rigid terms that they have enforced on the pakis.

Effectively, they are politely urgently asking India to commit hara kiri by joining the CPEC and indirectly facilitate the development of gwadar which is totally against India's interests. They want India to strangulate herself, to tighten the "string of pearls", around her own neck, in the sole interests of an increasingly hostile china.

It's the old goose, gander game. South china sea "belongs" solely to china but Indian ocean does not "belong" to India.


It's increasingly beginning to look that the only thing that will now save the CPEC is if India and it's vast markets are a essential part of the OBOR project. For this to happen, India must convert and become another exploited province of china.

They are also extremely upset with India's new "Enemy property law" and they have been very vocal about it.

It almost looks like the hans have panicked on their CPEC fiasco and we must strive to clearly understand why.

It bears reminder that the hans initially started out by arrogantly saying that they would not "ALLOW" India to join the CPEC. Going from that stupid position to them currently on their knees, begging India to join the CPEC is a sea change in their attitude and it has caused them considerable loss of face to do this.

The arrogant hans would not do this unless there was a very very sound reason for debasing themselves publicly like this, especially in front of a sworn enemy like India, and for allowing all the world, to see them as mere supplicants.
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