Analyzing CPEC

The Strategic Issues & International Relations Forum is a venue to discuss issues pertaining to India's security environment, her strategic outlook on global affairs and as well as the effect of international relations in the Indian Subcontinent. We request members to kindly stay within the mandate of this forum and keep their exchanges of views, on a civilised level, however vehemently any disagreement may be felt. All feedback regarding forum usage may be sent to the moderators using the Feedback Form or by clicking the Report Post Icon in any objectionable post for proper action. Please note that the views expressed by the Members and Moderators on these discussion boards are that of the individuals only and do not reflect the official policy or view of the Bharat-Rakshak.com Website. Copyright Violation is strictly prohibited and may result in revocation of your posting rights - please read the FAQ for full details. Users must also abide by the Forum Guidelines at all times.
Mollick.R
BRFite
Posts: 124
Joined: 15 Aug 2016 10:26

Re: Analyzing CPEC

Postby Mollick.R » 13 Nov 2017 15:52

Appears to be just another instance of CPEC loot of Bhukha Nanga Pakis by Tallel Deeper Chinky Bilather......

LAHORE: A leading Chinese company has drastically slowed down work on the $2 billion 660kV high-voltage direct current (HVDC) transmission line from Lahore to Matiari due to various problems, including differences with the government over size of a revolving fund.


The 878km Lahore-Matiari transmission line is part of the China-Pakistan Economic Corridor (CPEC) and is the country’s first project based on direct current (DC). The line will have capacity of transmitting about 4,000MW of electricity.



https://www.dawn.com/news/1370115/chinese-firm-all-but-stops-work-on-power-transmission-line

It costs India 12000 cr Rupees (Around $1.9 billion) for double distance & 1.5 times capacity HVDC power transmission line with Swiss (ABB) equipments.

Ref. North East-Agra link which is 1,730-km-long 800 kv HVDC (high voltage direct current) transmission line of of 6,000 MW capacity.

https://economictimes.indiatimes.com/industry/energy/power/power-grid-completes-first-phase-of-north-east-agra-link/articleshow/49155345.cms

Mollick.R
BRFite
Posts: 124
Joined: 15 Aug 2016 10:26

Re: Analyzing CPEC

Postby Mollick.R » 13 Nov 2017 16:10

(About The Indian project)
Being 800 kv, technically the line falls in UHVDC category & read in another article that the project consists of crossing/traversing total 42 rivers & working at very challenging geographical regions.

Still it costs less than the paki project for double the length.

Chinkies are just r@ping the pakies with this kind of CPEC projets at such high cost.
Last edited by Mollick.R on 13 Nov 2017 16:30, edited 1 time in total.

deejay
Forum Moderator
Posts: 3798
Joined: 11 Aug 2016 06:14

Re: Analyzing CPEC

Postby deejay » 13 Nov 2017 16:15

^ They have built in 80% loss in the pricing. I suspect the HT cables will be already tried and tested too.

manjgu
BRFite
Posts: 1569
Joined: 11 Aug 2006 10:33

Re: Analyzing CPEC

Postby manjgu » 13 Nov 2017 18:22

so Paki men will run dhabas and pencher shops...woman will provide comfort services to chinki drivers...Pak Army will collect toll !! AoA

arun
BRF Oldie
Posts: 9997
Joined: 28 Nov 2002 12:31

Re: Analyzing CPEC

Postby arun » 13 Nov 2017 19:07

Mollick.R wrote:Appears to be just another instance of CPEC loot of Bhukha Nanga Pakis by Tallel Deeper Chinky Bilather......

LAHORE: A leading Chinese company has drastically slowed down work on the $2 billion 660kV high-voltage direct current (HVDC) transmission line from Lahore to Matiari due to various problems, including differences with the government over size of a revolving fund.


The 878km Lahore-Matiari transmission line is part of the China-Pakistan Economic Corridor (CPEC) and is the country’s first project based on direct current (DC). The line will have capacity of transmitting about 4,000MW of electricity.



https://www.dawn.com/news/1370115/chinese-firm-all-but-stops-work-on-power-transmission-line

...........{Snipped}...............



And so a USD 2 Billion project coming under the aegis of the Colonizing Pakistan to Enrich China aka CPEC scheme grinds to a near halt.

The Mohammadden Terrorism Fomenting Islamic Republic of Pakistan is learning that the Chinese do not believe in handing out free haleem and instead require to be enriched for everything they do.

SSridhar
Forum Moderator
Posts: 22919
Joined: 05 May 2001 11:31
Location: Chennai

Re: Analyzing CPEC

Postby SSridhar » 13 Nov 2017 20:28

pankajs wrote:Given the terrain I would think them lucky to have it open 75% of the time. More likely between 50% and 75% of time it would be open i.e for between 180 - 270 days but not more.

My best *guess* is for 225 [mean of 180 and 270] days of connectivity and traffic. One can pick the scenarios and assumption on traffic and make the adjustment to arrive at CPEC Toll revenues.

Wiki says that the Khunjerab Pass is closed for 4 months (Jan thro' April) every year.

SSridhar
Forum Moderator
Posts: 22919
Joined: 05 May 2001 11:31
Location: Chennai

Re: Analyzing CPEC

Postby SSridhar » 13 Nov 2017 20:43

Chinese firm halts CPEC project over fund issues with Pakistan
A leading Chinese company has drastically slowed down work on USD 2 billion 660kV high-voltage direct current (HVDC) transmission line from Lahore to Matiari.

The work was halted over differences with the government. The Chinese firm has cited the size of revolving fund, delay in building of power plants as main reasons for the slowdown.

The 878km Lahore-Matiari transmission line is part of the China-Pakistan Economic Corridor (CPEC).


It is also Pakistan's first project based on direct current (DC).

According to Dawn, the Pakistan Government will not enter into a new agreement under the CPEC with the company until it completes the first line (between Lahore and Matiari).

According to official sources, the sites where the Chinese company has either slowed down work drastically or stopped it altogether are near Balloki, Bhaipheru (about 50km from Lahore), and near Matiari (near Hyderabad).

The project was started in February after the company received a letter of interest from the government.

An official of the power division in the Pakistan Energy Ministry said, "The [Chinese] company has slowed down its work on these two major sites due to three major issues that are yet to be resolved. One issue is related to establishment of a revolving fund and the other to operation and maintenance of the project."

Falijee
BRF Oldie
Posts: 10711
Joined: 11 Aug 2016 06:14

Re: Analyzing CPEC

Postby Falijee » 15 Nov 2017 06:04

Cross Posted from Terroristan Thread

Chini Firm Shows Its Claws ! No More CPEC "Gravy Train" :twisted:

Chinese firm all but stops work on power transmission line

LAHORE: A leading Chinese company has drastically slowed down work on the $2 billion 660kV high-voltage direct current (HVDC) transmission line from Lahore to Matiari due to various problems, including differences with the government over size of a revolving fund. Materials must be purchased from Chini firms, labour supply must be Chini sourced , funds supplied by Chini banks/ financial institutions . Where is the benefit to Pakiland :roll:
For its part, the government has decided not to enter into an agreement over another HVDC transmission line of 660kV (between Port Qasim and Faisalabad) with the company till the completion of the first line (between Lahore and Matiari), according to sources. According to this, there appears to be a stand-off between Paki Govt and the Chini company :D
The 878km Lahore-Matiari transmission line is part of the China-Pakistan Economic Corridor (CPEC) and is the country’s first project based on direct current (DC). The line will have capacity of transmitting about 4,000MW of electricity. The Port Qasim-Faisalabad transmission line is also part of the CPEC and has features similar to that of the first line. All of this sounds very good on paper !
According to official sources, the sites where the Chinese company has either slowed down work drastically or stopped it altogether are near Balloki, Bhaipheru (about 50km from Lahore), and near Matiari (near Hyderabad).Each site comprises 175 acres and is meant to be used for building two converter stations, for converting alternating current (AC) to DC and DC to AC. The government handed over the large pieces of land to the company in January this year. The company started construction work there after getting a letter of interest from the government in February.“The [Chinese] company has slowed down its work on these two major sites due to three major issues that are yet to be resolved. One issue is related to establishment of a revolving fund and the other to operation and maintenance of the project,” said an official of power division in the energy ministry. The Chinese are not used to the lax ( "chalta hae" ) attitude of the Pakis.
The revolving fund, according to the official, is required to be set up for making payments to the Chinese company in case its bills are delayed. But the contentious issue is the amount of money to be allocated to the fund. The Chinese want the government to quickly set up the fund, but the authorities want to deliberate on the issue well before taking a final decision on the matter. The CPEC euphoria has now expired :twisted: . The Pakis are now beginning to realize that they are now being "taken for a ride" by the shrewd Chinese !
“The second major issue relates to the operation and maintenance of the project. The Chinese want the government [National Transmission and Despatch Company or NTDC] to purchase spare parts from China on its own and supply it for the operation and maintenance of the project. But the government wants the Chinese to perform this job so that the company could be held responsible for related problems, if any,” the official explained. If "due diligence" was indeed performed on the CPEC, this kind of problem would not have been faced . The Paki National Assembly was/ and still is kept in the dark on the nitty -gritty of the agreement . Now the chickens are coming home to roost :twisted:
The third issue is the delay in setting up of power plants, as four coal-fired power plants in Thar, which were earlier scheduled to be commissioned in May 2020, are now expected to be operational by November 2020. ( which date most likely be postponed again. !)
“Actually this transmission line is supposed to evacuate power from these plants... The government thinks that if the transmission line is ready in May [of 2020] and the plants are not, it will have to pay over 90 paisa per unit in wheeling tariff, which will run into billions (thank God Allah its in rupees and not dollars :twisted: ) for a period of six months [from May to November 2020],” said the official. Due Diligence done at the beginning could have avoided these "birthing pains" :mrgreen:
“And there are chances of further delays in the commissioning of the power plants. That is why the official date for the start of the project, which has to be completed within a period of 27 months, is yet to be announced by the government.”. The official said that in view of the above problems the Chinese company had slowed down work on the two sites. It had even sent some of the engineers back to China and accelerated its efforts to get the pending issues resolved. The Pakis are not used to the no-nonsense attitude of the Chinis . Do this also mean that there will be slowdown of the See Pack type of marriages that is the craze of La-Whore and Isloo these days :mrgreen:
“It also continues to request the government to sign papers about the second [Port Qasim-Faisalabad] line at the earliest. But the government looks to be in no mood to sign them at the moment, as it urges the Chinese officials to wait for a final decision based on the future load after completion of the first line,” the official maintained. Despite repeated attempts, the managing director of the NTDC could not be contacted for comments. Due to the "sensitive nature" of this matter, the NTDC MD should be well advised to "clear his comments" first with the ISPR's Major Ghafoor , before releasing it to the media :mrgreen:

Best comment from an Indian Reader !
CPEC the game changer will make Pakistan the richest and the most powerful nation on Earth. It will but will definitely take more than 100 years. Even the Chinese will loose patience by then as they already are. :lol:

PS: The Paki Deep State and /or PEMRA will have to clamp down on reports such as these, if they still want the "awaam" to believe the BS about CPEC that they have been feeding them for the past few years :mrgreen:


Vips
BRFite
Posts: 1018
Joined: 14 Apr 2017 18:23

Re: Analyzing CPEC

Postby Vips » 15 Nov 2017 19:19

Haraam Link: Chinese conditions for including Daimer Basha dam in CPEC.

Pakistan has withdrawn its request to include the $14-billion Diamer-Bhasha Dam in the China-Pakistan Economic Corridor (CPEC) framework after Beijing placed strict conditions including ownership of the project, said Water and Power Development Authority (Wapda) Chairman Muzammil Hussain on Tuesday. “Chinese conditions for financing the Diamer-Bhasha Dam were not doable and against our interests,” said Hussain while briefing the Public Accounts Committee (PAC) on the status of the mega water and power project.

He said the Chinese conditions were about taking ownership of the project, operation and maintenance cost and securitisation of the Diamer-Bhasha project by pledging another operational dam. :rotfl:

Other gems from the article:

Currently, about 15 prioritised energy projects valuing at $22.4 billion and having 11,110-megawatt generation capacity are part of the CPEC framework. Among these, only two are hydroelectric power projects with cumulative capacity of 1,590MW. Most of the CPEC energy projects are based on coal. (More imports of coal from abroad :wink: )

Ground-breaking of the Diamer-Bhasha Dam has been performed five times in the past 15 years. :rotfl:

Neither the World Bank and Asian Development Bank (ADB) nor China would finance the dam, therefore, the government decided to construct the reservoir from its own resources, said Water Resources Secretary Shumail Khawaja. (Fat chance of that happening, Porkis have no option but to go their abbu China for GUBO :) )

Prem
BRF Oldie
Posts: 20873
Joined: 01 Jul 1999 11:31
Location: Weighing and Waiting 8T Yconomy

Re: Analyzing CPEC

Postby Prem » 15 Nov 2017 23:33

Vips wrote:Haraam Link: Chinese conditions for including Daimer Basha dam in CPEC.


Currently, about 15 prioritised energy projects valuing at $22.4 billion and having 11,110-megawatt generation capacity are part of the CPEC framework. Among these, only two are hydroelectric power projects with cumulative capacity of 1,590MW. Most of the CPEC energy projects are based on coal. (More imports of coal from abroad :wink: )
Neither the World Bank and Asian Development Bank (ADB) nor China would finance the dam, therefore, the government decided to construct the reservoir from its own resources, said Water Resources Secretary Shumail Khawaja. (Fat chance of that happening, Porkis have no option but to go their abbu China for GUBO :) )


Chinese coal power plants have very short life span because of low quality equipment. Paki will have to replace machinery every 4-5 years inc turbines.

periaswamy
BRFite
Posts: 448
Joined: 07 Jul 2017 20:50

Re: Analyzing CPEC

Postby periaswamy » 16 Nov 2017 00:12

On second thought, CPEC is useless to china even as a military supply line -- no reason why the Pakis will not do to China, what they have done to the USA, i.e., start extracting rent/blackmailing China if it becomes dependent on CPEC as a military supply line. This marriage between these tall and deep friends is lovely.

Peregrine
BRF Oldie
Posts: 5815
Joined: 11 Aug 2016 06:14

Analyzing CPEC

Postby Peregrine » 16 Nov 2017 00:23

Prem wrote:
Vips wrote:Haraam Link: Chinese conditions for including Daimer Basha dam in CPEC.

Currently, about 15 prioritised energy projects valuing at $22.4 billion and having 11,110-megawatt generation capacity are part of the CPEC framework. Among these, only two are hydroelectric power projects with cumulative capacity of 1,590MW. Most of the CPEC energy projects are based on coal. (More imports of coal from abroad :wink: )
Neither the World Bank and Asian Development Bank (ADB) nor China would finance the dam, therefore, the government decided to construct the reservoir from its own resources, said Water Resources Secretary Shumail Khawaja. (Fat chance of that happening, Porkis have no option but to go their abbu China for GUBO :) )


Chinese coal power plants have very short life span because of low quality equipment. Paki will have to replace machinery every 4-5 years inc turbines.
Prem Ji :

Remember the Bhilai Steel Plant! It was an old "Moth Balled Stell Plant" which was lying somewhere in one of the Soviet Eastern Republics now called CARs?

The Coal Based Power Generation Plants from China given to Terroristan are similar Old Discarded Redundant Generation Plants lying idle as they have been replaced with newer Non-Coal Based Generation Steel Plants.

As such these "Old Discarded Redundant Generation Plants" given to Terroristan by the Chinese - and the Terroristanis not having Trained-Experienced Metallurgical Engineers are going to Breakdown and even with the best maintenance Engineers will not last beyond Five Years. I believe Bhilai Plant has had continuous "upgrading" with parts which are produced in India.

The Bhilai Steel Plant with an Initial Capacity of 1.1 Million Tonnes Capacity has now been enhanced to 5 Million tonnes and is further being expanded to Seven Million Tons. Terrrositani Steel Plant in Kaarchi - Originally Identical to the Bhilai Steel Plant - Foundation Stone Laid in 1973-74, the Plant was commissioned in 1981 competed and launched by General Zia-Ul-Haq in 1984 has been lying COMPLETELY SHUT DOWN June 2015.

As such I do not envisage the Chinese "Redundant" Coal Based Power Generation Plants to last beyond Ten Years.

Cheers Image

Peregrine
BRF Oldie
Posts: 5815
Joined: 11 Aug 2016 06:14

Analyzing CPEC

Postby Peregrine » 16 Nov 2017 00:27

periaswamy wrote:On second thought, CPEC is useless to china even as a military supply line -- no reason why the Pakis will not do to China, what they have done to the USA, i.e., start extracting rent/blackmailing China if it becomes dependent on CPEC as a military supply line. This marriage between these tall and deep friends is lovely.
periaswamy Ji :
Think on the positive side! The Chinese will use the port of Cha Bahar to Export Xinjiang's Textile Products and other Goods! How about that! :rotfl:
Cheers Image

Prem
BRF Oldie
Posts: 20873
Joined: 01 Jul 1999 11:31
Location: Weighing and Waiting 8T Yconomy

Re: Analyzing CPEC

Postby Prem » 16 Nov 2017 01:19

Peregrine wrote:
Prem wrote:
Chinese coal power plants have very short life span because of low quality equipment. Paki will have to replace machinery every 4-5 years inc turbines.
Prem Ji :
As such I do not envisage the Chinese "Redundant" Coal Based Power Generation Plants to last beyond Ten Years.
Cheers Image


Guess, it will be race between life span of Bakiland and Chinese coal power plant :rotfl: Best part is Paki will be paying for this race with land & women to China. Not long before Chinese brothels are full of Paki Lawhori begums.

Peregrine
BRF Oldie
Posts: 5815
Joined: 11 Aug 2016 06:14

Analyzing CPEC

Postby Peregrine » 16 Nov 2017 01:34

X Posted on the Analyzing CPEC Thread

The Mouse Roars!

Pak rejects Chinese help for dam project in PoK over 'tough conditions'

BEIJING: Pakistan has turned down China's offer of assistance for the $14-billion Diamer-Bhasha Dam, according to a leading Pakistan daily.

Moreover, Islamabad is learnt to have asked China to take the project out of the $60 billion China Pakistan Economic Corridor (CPEC), and allow it to build the dam on its own. The project is located in Pakistan Occupied Kashmir (PoK), which is claimed by India.

The Asian Development Bank had earlier refused to finance the project because it was to come up in a disputed territory. Express Tribune cited a top official saying Pakistan would prefer to self-finance the project instead of accepting extremely tough conditions set by Chinese companies.

Sources in Pakistan said international lenders were linking serious conditions with the provision of funding, and the project cost had reached $14 billion against the original estimates of $5 billion.

Express Tribune quoted chairman of Water and Power Development Authority (Wapda) Muzammil Hussain as saying, "Chinese conditions for financing the Diamer-Bhasha Dam were not doable and against our interests." Ub Ayega Mazza

Hussain said this while briefing the public accounts committee (PAC) of parliament, and added that Prime Minister Shahid Khaqan Abbasi has approved a plan to finance the dam from the country's own resources. Really! Terroristan has US$ 14 Billion to spare? Where?

The report caused huge surprise to knowledgeable sources in Beijing, some of whom were in denial and said Pakistan was unlikely to spring a nasty surprise without first consulting Chinese authorities.

A Beijing-based Chinese expert said Pakistan would not risk turning down Beijing's offer because it would impact the CPEC as a whole.

Speaking on condition of anonymity, the expert told TOI, "I think Chinese diplomats in Islamabad would have known if Pakistan was unhappy with the financing and would have alerted Beijing. But this is not the case because Pakistan's planning minister asked for Chinese funds for several dam projects including this one only a few days back."

In his presentation to the parliamentary committee, Hussain said China wanted Pakistan to pledge an existing dam project to obtain funds for the new one, besides pay interests and other charges.

Chinese conditions were about taking ownership of the project, operation, and maintenance costs, and security of the Diamer-Bhasha project by pledging another operational dam, the paper quoted Hussain as saying.

Taking a different view, former Indian diplomat M K Bhadrakumar said, "I don't get the sense of a discord here. China has left it to Pakistan to decide whether it wants to go ahead with the Diamer-Bhasha dam as a OBOR initiative, where Beijing is, conceptually speaking, increasingly conforming to international practices and injecting financial viability, efficiency and transparency in the execution of such infrastructural projects." Chinese Mouthpiece of Indian Origin has spoken!

Cheers Image

ramana
Forum Moderator
Posts: 50400
Joined: 01 Jan 1970 05:30

Re: Analyzing CPEC

Postby ramana » 16 Nov 2017 01:42

X-Post from SSridhar..
SSridhar wrote:The Pakistanis aim to widen the cleavage between India and China and keep themselves warm in the process.

While China is indeed an all-weather friend of Pakistan, China is also pragmatic and it realizes that without India on board, CPEC wouldn't be economically successful and China needs economic gains very badly. Pakistan offers nothing to CPEC apart from Gwadar and some real-estate. CPEC's major economic aim is India. That is why China has been repeatedly coaxing and pleading with India to join the project. It went as far as suggesting even a name change if India wanted it. Even as late as last week, China was inducing India.

When Modi mentioned Balochistan in his Independence Day speech from Red Fort, it sent alarm bells ringing in China. One of China’s South Asia experts Hu Shisheng, director of Chinese Foreign Ministry-run think-tank Institute of South and Southeast Asian and Oceanian Studies said, “My personal view is that if India is adamant and if Indian factor is found by China or Pakistan in disrupting the process of CPEC (China-Pakistan Economic Corridor), if that becomes a reality, it will really become a disturbance to China-India relations, India-Pakistan relations. If that happens China and Pakistan could have no other way but take united steps. I want to say that the Pakistan factor could surge again to become the most disturbing factor in China-India relations, even more than the Tibet, border and trade imbalance issues. I think the two countries (China and Pakistan) will do whatsoever to enhance the security and smooth construction of the China-Pakistan Economic Corridor. But what kind of forms I have no idea. I am just wondering whether military involvement could be one of the choice but in my personal view, it is very unlikely. If Indian concern is too much, China is also one part of the Kashmir issue. If the accession (area by Pakistan to China) is regarded by India as one part of the problem then let the three of us sit down to talk. In the past Chinese scholars are not so much concerned about India-US ties. We strongly believed that India's strategic independence can be trusted and can be maintained. In recent years, Indian strategic independence is facing some challenges because of security issues. The cooperation has been going really far more forward in the past one year”. Since China expresses its foreign policy opinions through such myriad opinion-makers and think-tanks, this must be understood by India as a definite Chinese thinking.

It is such things that Pakistani military would like to fan the flames of.


So Pakistan has transition to become a full dragon munna.

China is not worried about Indian ties to US.
That is aside show.
But if Pak is dismembered then its a numero uno challenge to China as it breaks the shackles on India.

pankajs
BRF Oldie
Posts: 10406
Joined: 13 Aug 2009 20:56

Re: Analyzing CPEC

Postby pankajs » 16 Nov 2017 01:42

Correction
pankajs wrote:So the throughput of the CPEC corridor should be between $3.65 billion [1/10 of 0.5% 1% of the Chinese global trade] @ 100 trips per day and $36.5 billion [0.5% 1% of the Chinese global trade] @ 100x10 trips per day.

While the correction essentially doubles the % it does not change the overall scenario and the uneconomical nature of the project.

On the project itself

1. If the project is uneconomical and this strategic in nature who is it strategic for? Is it strategic for China or Bakistan or both?
2. If it is strategic for China then why are the Bakis funding the project and that too on a loan?
3. Given that the project is uneconomical it must serve the strategic goals of Bakistan in some way. What is the strategic import of the project for Bakistan?
4. OR Are the Bakis taking the Chinese for a ride? with no intention of ever paying back a penny.
5. OR Is this a round about way of selling Bakistan to China by creating a uneconomical project instead of selling Bakistan upfront?
5 OR Is it that the Chinese have basically suckered the Bakis into paying for a project of their own interest by citing some lofty performance numbers?

Right now I am unable to decide. Perhaps in 10 years we should know who is playing whom.

A_Gupta
BRF Oldie
Posts: 10590
Joined: 23 Oct 2001 11:31
Contact:

Re: Analyzing CPEC

Postby A_Gupta » 16 Nov 2017 03:39

https://economictimes.indiatimes.com/ne ... 629209.cms
Chinese firm halts CPEC project over fund issues with Pakistan
A leading Chinese company has drastically slowed down work on USD 2 billion 660kV high-voltage direct current (HVDC) transmission line from Lahore to Matiari.

The work was halted over differences with the government. The Chinese firm has cited the size of revolving fund, delay in building of power plants as main reasons for the slowdown.

SSridhar
Forum Moderator
Posts: 22919
Joined: 05 May 2001 11:31
Location: Chennai

Re: Analyzing CPEC

Postby SSridhar » 16 Nov 2017 08:20

ramana wrote:But if Pak is dismembered then its a numero uno challenge to China as it breaks the shackles on India.


Exactly, absolutely true.

Pakistan realizes that too and that is the great strength it wants to ride on, like how it has ridden piggyback on such concepts as "wells of power" in the Middle East needs Pakistan, stopping the spread of communism needs Pakistan, opening up China needs Pakistan, dismantling USSR needs Pakistan, fighting Al Qaeda needs Pakistan, India's access to CAR & Eurasia needs Pakistan etc.

vijaykarthik
BRFite
Posts: 1108
Joined: 11 Aug 2016 06:14

Re: Analyzing CPEC

Postby vijaykarthik » 16 Nov 2017 14:57

^ whole point is that the regions which are of vital interest - PoK should basically be taken away from Pak. That will put the OBOR in the stretcher and send the guys who are looking upbeat on the success of the project, to the cleaners.

Bart S
BRFite
Posts: 1307
Joined: 15 Aug 2016 00:03

Re: Analyzing CPEC

Postby Bart S » 16 Nov 2017 18:08

pankajs wrote:Correction
pankajs wrote:So the throughput of the CPEC corridor should be between $3.65 billion [1/10 of 0.5% 1% of the Chinese global trade] @ 100 trips per day and $36.5 billion [0.5% 1% of the Chinese global trade] @ 100x10 trips per day.

While the correction essentially doubles the % it does not change the overall scenario and the uneconomical nature of the project.

On the project itself

1. If the project is uneconomical and this strategic in nature who is it strategic for? Is it strategic for China or Bakistan or both?
2. If it is strategic for China then why are the Bakis funding the project and that too on a loan?
3. Given that the project is uneconomical it must serve the strategic goals of Bakistan in some way. What is the strategic import of the project for Bakistan?
4. OR Are the Bakis taking the Chinese for a ride? with no intention of ever paying back a penny.
5. OR Is this a round about way of selling Bakistan to China by creating a uneconomical project instead of selling Bakistan upfront?
5 OR Is it that the Chinese have basically suckered the Bakis into paying for a project of their own interest by citing some lofty performance numbers?

Right now I am unable to decide. Perhaps in 10 years we should know who is playing whom.


The most dangerous scenario for India is if CPEC gets completed, Pakistan has excess power and industrial capacity and then the Chi-Pak combo push for opening up trade and a weak Indian govt agrees. Will lead to flooding the Indian market with Chinese goods made in Pak, enriching both and destroying our industries. This is the only nightmare scenario for India that can result from CPEC and it would need flawless execution plus India shooting itself in the foot, to come about.

Gwadar becoming a Chinese naval base is also a threat, but it will be ineffective in wartime, just a peace-time threat.

SSridhar
Forum Moderator
Posts: 22919
Joined: 05 May 2001 11:31
Location: Chennai

Re: Analyzing CPEC

Postby SSridhar » 18 Nov 2017 09:11

Ready to alter economic corridor route: China - Kallol Bhattacherjee, The Hindu
China may consider alternative routes through Jammu and Kashmir to address India’s concerns regarding the China Pakistan Economic Corridor (CPEC) that passes through Pakistan-occupied Kashmir (PoK).

In an interaction with experts on Chinese affairs and students, Beijing’s envoy Luo Zhaohui suggested the alternative routes, and said he was keen on accomplishing a bilateral friendship and trade treaty during his stint in India.

“We can change the name of CPEC [China Pakistan Economic Corridor]. Create an alternative corridor through Jammu and Kashmir, Nathu La pass or Nepal to deal with India’s concerns,” said the envoy
in a speech at the Centre for Chinese and South-East Asian Studies in the School of Language, JNU, on Friday.

The Ambassador made a detailed presentation of the expectations on both sides and said that while the Dalai Lama’s presence and activities remain an issue for China, Beijing recognised that India’s expectations on the CPEC and Masood Azhar were also issues that both sides need to be deal with.{Does he mean that the CPEC & Masood Azhar are quid-pro-quo for the Dalai Lama?}


Last time, he made this statement, he had to hurriedly remove it from the website after Pakistan protested. It would be interesting to see what happens now. Will Pakistan protest again? It should because he has gone farther than before, even suggesting an alteration of route to assuage Indian concerns of sovereignty. It also shows how much China needs India to be on board.

Deans
BRFite
Posts: 751
Joined: 26 Aug 2004 19:13
Location: Moscow

Re: Analyzing CPEC

Postby Deans » 18 Nov 2017 10:31

Bart S wrote:The most dangerous scenario for India is if CPEC gets completed, Pakistan has excess power and industrial capacity and then the Chi-Pak combo push for opening up trade and a weak Indian govt agrees. Will lead to flooding the Indian market with Chinese goods made in Pak, enriching both and destroying our industries. This is the only nightmare scenario for India that can result from CPEC and it would need flawless execution plus India shooting itself in the foot, to come about.

Gwadar becoming a Chinese naval base is also a threat, but it will be ineffective in wartime, just a peace-time threat.


On the contrary, I would argue that completing the CPEC would bankrupt Pakistan. There is no point having excess power capacity, if it is
unaffordable. Excess industrial capacity, needs demand, which is not there. The process of completing CPEC will exacerbate Pakistan's fragile foreign exchange position, since loan repayments will go up, while export proceeds simultaneously fall (cheaper Chinese textile exports undercutting Pakistan's thanks to CPEC).
A base in Gwadar will be highly risky. It would mean a PLAN submarine, thousands of miles away from any support, yet under survelliance from
the IN. It will also encourage us to send warships on `friendly visits' to Chabahar.

Bart S
BRFite
Posts: 1307
Joined: 15 Aug 2016 00:03

Re: Analyzing CPEC

Postby Bart S » 18 Nov 2017 10:43

SSridhar wrote:Ready to alter economic corridor route: China - Kallol Bhattacherjee, The Hindu
China may consider alternative routes through Jammu and Kashmir to address India’s concerns regarding the China Pakistan Economic Corridor (CPEC) that passes through Pakistan-occupied Kashmir (PoK).

In an interaction with experts on Chinese affairs and students, Beijing’s envoy Luo Zhaohui suggested the alternative routes, and said he was keen on accomplishing a bilateral friendship and trade treaty during his stint in India.

“We can change the name of CPEC [China Pakistan Economic Corridor]. Create an alternative corridor through Jammu and Kashmir, Nathu La pass or Nepal to deal with India’s concerns,” said the envoy
in a speech at the Centre for Chinese and South-East Asian Studies in the School of Language, JNU, on Friday.

The Ambassador made a detailed presentation of the expectations on both sides and said that while the Dalai Lama’s presence and activities remain an issue for China, Beijing recognised that India’s expectations on the CPEC and Masood Azhar were also issues that both sides need to be deal with.{Does he mean that the CPEC & Masood Azhar are quid-pro-quo for the Dalai Lama?}


Last time, he made this statement, he had to hurriedly remove it from the website after Pakistan protested. It would be interesting to see what happens now. Will Pakistan protest again? It should because he has gone farther than before, even suggesting an alteration of route to assuage Indian concerns of sovereignty. It also shows how much China needs India to be on board.


What he said was a bit ambiguous but I don't think he was talking about changing the CPEC route, just an additional path through the routes that he mentioned, that joins CPEC. That would be even worse for India, with nothing to gain but everything to loose along with legitimizing the illegal CPEC project, but in keeping with their habit of being disingenuous, shameless liars.


Deans wrote:
Bart S wrote:The most dangerous scenario for India is if CPEC gets completed, Pakistan has excess power and industrial capacity and then the Chi-Pak combo push for opening up trade and a weak Indian govt agrees. Will lead to flooding the Indian market with Chinese goods made in Pak, enriching both and destroying our industries. This is the only nightmare scenario for India that can result from CPEC and it would need flawless execution plus India shooting itself in the foot, to come about.

Gwadar becoming a Chinese naval base is also a threat, but it will be ineffective in wartime, just a peace-time threat.


On the contrary, I would argue that completing the CPEC would bankrupt Pakistan. There is no point having excess power capacity, if it is
unaffordable. Excess industrial capacity, needs demand, which is not there. The process of completing CPEC will exacerbate Pakistan's fragile foreign exchange position, since loan repayments will go up, while export proceeds simultaneously fall (cheaper Chinese textile exports undercutting Pakistan's thanks to CPEC).
A base in Gwadar will be highly risky. It would mean a PLAN submarine, thousands of miles away from any support, yet under survelliance from
the IN. It will also encourage us to send warships on `friendly visits' to Chabahar.



Totally agree with most of that, the chance that they successfully complete CPEC without bankrupting themselves irreversibly is very slim. However, my point was that India should not give them a 'get out of jail free' card by opening up trade and our markets to them at that point.

vijaykarthik
BRFite
Posts: 1108
Joined: 11 Aug 2016 06:14

Re: Analyzing CPEC

Postby vijaykarthik » 18 Nov 2017 11:07

^ the chance of Pakistan doing ANYTHING without bankrupting itself, given the current revolving debt, is by itself SLIM. Let alone CPEC. :)

On a different note: Does anyone remember the Nicaragua Canal? The chinese billionaire broke ground to make progress and rival the Panama canal. No one knew the antecedents of Wang Jing but it was widely believed to be heavily invested and funded by the Chinese govt. Currently, the situation is dire - no progress and no construction started except that Daniel Ortega was ready to basically lease the sovereign rights of Nicaragua for 50 years (with an option to extend by another 50 years) to a very little known shady private company.

Such will be the state of choices if people invest in China and its ideas. We need to keep pushing these thoughts in the media so countries who plan to get into an invest of infra with China SOE / pay company realize the risks they are getting into.

SSridhar
Forum Moderator
Posts: 22919
Joined: 05 May 2001 11:31
Location: Chennai

Re: Analyzing CPEC

Postby SSridhar » 18 Nov 2017 11:35

Bart S wrote:What he said was a bit ambiguous but I don't think he was talking about changing the CPEC route, just an additional path through the routes that he mentioned, that joins CPEC.

Yeah, you are right. The CPEC alignment cannot be changed, only a branch can be added to it.

Not that anything matters to us.

pankajs
BRF Oldie
Posts: 10406
Joined: 13 Aug 2009 20:56

Re: Analyzing CPEC

Postby pankajs » 18 Nov 2017 12:23

Deans wrote:
Bart S wrote:The most dangerous scenario for India is if CPEC gets completed, Pakistan has excess power and industrial capacity and then the Chi-Pak combo push for opening up trade and a weak Indian govt agrees. Will lead to flooding the Indian market with Chinese goods made in Pak, enriching both and destroying our industries. This is the only nightmare scenario for India that can result from CPEC and it would need flawless execution plus India shooting itself in the foot, to come about.

Gwadar becoming a Chinese naval base is also a threat, but it will be ineffective in wartime, just a peace-time threat.


On the contrary, I would argue that completing the CPEC would bankrupt Pakistan. There is no point having excess power capacity, if it is
unaffordable. Excess industrial capacity, needs demand, which is not there. The process of completing CPEC will exacerbate Pakistan's fragile foreign exchange position, since loan repayments will go up, while export proceeds simultaneously fall (cheaper Chinese textile exports undercutting Pakistan's thanks to CPEC).
A base in Gwadar will be highly risky. It would mean a PLAN submarine, thousands of miles away from any support, yet under survelliance from
the IN. It will also encourage us to send warships on `friendly visits' to Chabahar.

On the economics I will add a political point. The sooner the project gets completed the better because the payment/re-payment tug of war can start sooner between China and Bakistan. Perhaps the bakis will be forced to hand over some land/assets in return like in Sri Lanka that can be held up as a model of Chinese largess as in SL. The route by itself is not that much of a threat if access to the Indian market is denied.

On the military front, while a base at Gwadar will increase the Chinese footprint in the IOR region, it will also afford IAF/IN some real juicy targets alongside targets along the CPEC route.

Aditya_V
BRF Oldie
Posts: 9778
Joined: 05 Apr 2006 16:25

Re: Analyzing CPEC

Postby Aditya_V » 18 Nov 2017 13:03

Why cant the Chinese envoy use thier influence over Pakistan to Vacate POK, dispute solved.

schinnas
BRFite
Posts: 1283
Joined: 11 Jun 2009 09:44

Re: Analyzing CPEC

Postby schinnas » 18 Nov 2017 17:24

The biggest threat of CPEC is that it makes taking over POK that much more complex as China will be a party to the resolution. We need to annex PoK as soon as possible.

There is not much use in thinking too much about the trade potential and viability of CPEC. The primary goal for China is to get a warm water deep sea port controlled by it as a potential naval base close to the strategic gulf region and very next to India's commercial hub of Mumbai and Gujarat.

Also it provides a nearby warm water port access to its extreme South West regions and can potentially be an option to import crude oil (even if its expensive) if there is any extended blockade of Malaca straights.

From Cheen perspective, if Pukis cannot really pay, they will get more and more control, which serves them well. On the other hand if by a miracle, CPEC projects help in sudden growth of Puki economy, China gets substantial returns without having to write off anything and have the satisfaction of its munna becoming powerful which works well for it in terms of containing India.

Another most important aspect is that CPEC through PoK is used by both China and Pakistan to ensure that India remains without a land access to Afghanistan and CIS states and Pakistan and China are connected by land. The 50+ billions that are needed to accomplish these above strategic gaols is peanuts for China in the long term.

From India's perspective our aims should be two-fold and we should pursue means over, cover, diplomatic and whatever to ensure that these two manifest:
1. Annex PoK so that we have land access to Afghanistan and CIS states and can control the warm water port access for China's western provinces.
2. Ensure that China does not have a naval port right next to our economic hub.

anupmisra
BRF Oldie
Posts: 7899
Joined: 12 Nov 2006 04:16
Location: New York

Re: Analyzing CPEC

Postby anupmisra » 18 Nov 2017 18:17

Aditya_V wrote:Why cant the Chinese envoy use their influence over Pakistan to Vacate POK, dispute solved.


That is too sacred a cow for the chinis to touch, especially for a lowly envoy. The han might as well pack up and leave. "CashMere banega pakistan" is the raison d'etre for the pakis very existence. It is not just an unfinished agenda. It is the only agenda. What other dream can they survive on?

Kashi
BRF Oldie
Posts: 2959
Joined: 06 May 2011 13:53

Re: Analyzing CPEC

Postby Kashi » 18 Nov 2017 18:39

anupmisra wrote:What other dream can they survive on?


Endia banega Paakistaan?

anupmisra
BRF Oldie
Posts: 7899
Joined: 12 Nov 2006 04:16
Location: New York

Re: Analyzing CPEC

Postby anupmisra » 18 Nov 2017 18:48

schinnas wrote:The primary goal for China is to get a warm water deep sea port controlled by it as a potential naval base close to the strategic gulf region.... From Cheen perspective, if Pukis cannot really pay, they will get more and more control, which serves them well.


Agree on both perspectives. Apologies in advance for going off into a tangent here.

I believe that the two are individual long term goals for the chinis and their combined achievement would tantamount to be the strategic equivalent of controlling the Suez Canal. SeePak was always a land grab scheme at throwaway prices (the low hanging fruit) and the ultimate high hanging fruit is the natural harbor of Gwadar. Its strategic location at the mouth of the Gulf with the string of western and Iranian naval bases and at the top of the Indian Ocean with its naval bases and IT network will allow the controller to actively monitor this region, both politically and economically. The recent announcement of a Chini army base in Djibouti (Somalia) is part of the "string of pearls" or "One Belt One Road" strategies. They are trying to do the same in Sri Lankan (Port of Hambantota).

Setting up of low end chini industries and plants is a ploy to deflect the mainland's short term unemployment. I am willing to bet that the majority of the proposed 500,000 chinis that will be housed in gated communities in Gwadar will be PLA and naval intelligence. One can almost feel that the chinis will soon announce the setting up of an "airport" at Gwadar, exclusively owned and managed by themselves.

India and the US stand to lose big time when (and, not if) all this happens. Recall that the ultimate goal for the Soviets of moving into Afghanistan was to gain access to the warm waters of the Gulf. The chinis have managed to do just that without firing a shot.

https://www.huffingtonpost.com/joseph-b ... 94702.html

But, I digress.

anupmisra
BRF Oldie
Posts: 7899
Joined: 12 Nov 2006 04:16
Location: New York

Re: Analyzing CPEC

Postby anupmisra » 18 Nov 2017 18:49

Kashi wrote:
anupmisra wrote:What other dream can they survive on?


Endia banega Paakistaan?


That is lal topee's dream.

Kashi
BRF Oldie
Posts: 2959
Joined: 06 May 2011 13:53

Re: Analyzing CPEC

Postby Kashi » 18 Nov 2017 19:05

anupmisra wrote:
Kashi wrote:
Endia banega Paakistaan?


That is lal topee's dream.


That's every Baki's wet dream. Laal topee is just dumb/tactless/inconsequential-enough to rant out aloud, repeatedly, what the Baki establishment is always dreaming of.

The mask has slipped so many times that I am surprised that it should come as a surprise.

vijaykarthik
BRFite
Posts: 1108
Joined: 11 Aug 2016 06:14

Re: Analyzing CPEC

Postby vijaykarthik » 19 Nov 2017 13:04

pankajs wrote:Correction
pankajs wrote:So the throughput of the CPEC corridor should be between $3.65 billion [1/10 of 0.5% 1% of the Chinese global trade] @ 100 trips per day and $36.5 billion [0.5% 1% of the Chinese global trade] @ 100x10 trips per day.

While the correction essentially doubles the % it does not change the overall scenario and the uneconomical nature of the project.

On the project itself

1. If the project is uneconomical and this strategic in nature who is it strategic for? Is it strategic for China or Bakistan or both?
2. If it is strategic for China then why are the Bakis funding the project and that too on a loan?
3. Given that the project is uneconomical it must serve the strategic goals of Bakistan in some way. What is the strategic import of the project for Bakistan?
4. OR Are the Bakis taking the Chinese for a ride? with no intention of ever paying back a penny.
5. OR Is this a round about way of selling Bakistan to China by creating a uneconomical project instead of selling Bakistan upfront?
5 OR Is it that the Chinese have basically suckered the Bakis into paying for a project of their own interest by citing some lofty performance numbers?

Right now I am unable to decide. Perhaps in 10 years we should know who is playing whom.


The largest question will be at the largest level - after 5-7 years when Pakistan is standing in about 20-35 times debt that can NEVER be repaid what can be used to be a standing security? And which country will be next. This almost seems like a financial tsunami to me. And all these crankily placed dominoes will fall eventually.

chetak
BRF Oldie
Posts: 17469
Joined: 16 May 2008 12:00

Re: Analyzing CPEC

Postby chetak » 19 Nov 2017 18:45

vijaykarthik wrote:
pankajs wrote:Correction

While the correction essentially doubles the % it does not change the overall scenario and the uneconomical nature of the project.

On the project itself

1. If the project is uneconomical and this strategic in nature who is it strategic for? Is it strategic for China or Bakistan or both?
2. If it is strategic for China then why are the Bakis funding the project and that too on a loan?
3. Given that the project is uneconomical it must serve the strategic goals of Bakistan in some way. What is the strategic import of the project for Bakistan?
4. OR Are the Bakis taking the Chinese for a ride? with no intention of ever paying back a penny.
5. OR Is this a round about way of selling Bakistan to China by creating a uneconomical project instead of selling Bakistan upfront?
5 OR Is it that the Chinese have basically suckered the Bakis into paying for a project of their own interest by citing some lofty performance numbers?

Right now I am unable to decide. Perhaps in 10 years we should know who is playing whom.


The largest question will be at the largest level - after 5-7 years when Pakistan is standing in about 20-35 times debt that can NEVER be repaid what can be used to be a standing security? And which country will be next. This almost seems like a financial tsunami to me. And all these crankily placed dominoes will fall eventually.


The project seems essentially strategic in nature with a clear military objective of securing perennial access to the gelf waters by permanently basing han naval assets in gwadar port including repair and logistics being sourced from there thus obviating the necessity of the long trip home for periodic refits.

This is being given a convenient economic veneer to sucker the pakis into providing mil grade security for the project, which will undoubtedly be overseen by the hans under the watchful gaze of one of their own generals who will play an "advisory" role with respect to the pak army formations tasked to provide this security.

The economic "gains" of the CPEC are obfuscated in a lot of red tape to prevent the true nature of the mess that seems to be looming larger by the day from coming to light with the paki public at large.

The hans are desperate for India's participation in the CPEC because the true economic gains for the hans lie in the huge Indian market where they can bribe their way through political parties and get favorable policy decisions passed in their favor using both fear and economic clout to push their case and also possible alternate gelf bound commercial access through well connected and well developed Indian ports.

But as the Ella Fitzgerald song goes, "Into Each Life Some Rain Must Fall".

The black swan event for the hans and for the CPEC is Modi, like a bolt from the blue and far removed from the pliant, fearful and oily congi+manmohan whom the hans had well trained to be obsequious in their approach to Indo han relations. The IA in its new avatar under Modi cannot be trifled with. The commies like yechury, daniel raja et al are predictably very very quiet because sedition is a huge charge to beat under this dispensation and very rightly so.

I only hope that Modi continues with the pushback and he puts the hans in their place.

KrishnaK
BRFite
Posts: 947
Joined: 29 Mar 2005 23:00

Re: Analyzing CPEC

Postby KrishnaK » 20 Nov 2017 02:33

chetak wrote:The black swan event for the hans and for the CPEC is Modi, like a bolt from the blue and far removed from the pliant, fearful and oily congi+manmohan whom the hans had well trained to be obsequious in their approach to Indo han relations. The IA in its new avatar under Modi cannot be trifled with.
The change in India's war plans from 1.5 wars to a full fledged 2 front war and the consequent raising of the MSC was done under the obsequious UPA.

Peregrine
BRF Oldie
Posts: 5815
Joined: 11 Aug 2016 06:14

Analyzing CPEC

Postby Peregrine » 20 Nov 2017 03:39

X Posted on the Terroristan Thread

Pakistan rejection of China’s dam aimed at showing OBOR in line with global rules

NEW DELHI: Pakistan’s rejection of China’s offer of aid for the Diamer-Bhasha dam and its reported appeal to Beijing to exclude the project from China Pakistan Economic Corridor (CPECBSE -4.45 %)— which is part of the One Belt One Road initiative—may be a part of strategy to showcase to the world that globally established rules are being followed for projects financed by China under OBOR.

Islamabad was increasingly finding it difficult to get financing from other international bodies for the Diamer-Bhasha dam in Pakistan occupied Kashmir (PoK) because of its location in the disputed territory. In this context, Pakistan’s move could be diversionary tactic as the critics of OBOR, including India, have questioned the nature of Chinese funding for the mega connectivity initiative. India’s other key objection to OBOR is based on the fact that part of it--CPEC--passes through PoK.

In fact, New Delhi had lodged protests with both China and Pakistan over the Diamer Bhasha dam and other Chinese-funded project's in PoK, even before those projects were brought under OBOR.

Given the nature of Sino-Pak relations, Pakistan would not risk snubbing Beijing. In the recent past, Pakistan has accepted Chinese funds for several other dam-related projects. Moreover, any move to sideline China from the Diamer-Bhasha project could also impact CPEC, and Islamabad cannot risk that, according to analysts who follow Sino-Pak ties.

CPEC has often been billed as the flagship project under OBOR to help Beijing find an alternative route for critical supplies in case sea routes in SE Asia are chocked by the US, and China will keep no stone unturned to put OBOR in place.

Pakistan has cited tough conditions by Chinese companies as reason for rejecting the offer of help in the dam project.

Incidentally, international lenders had also linked serious conditions to the provision of funding, and the project cost had reached $14 billion against the original estimate of $5 billion.

Cheers Image

SSridhar
Forum Moderator
Posts: 22919
Joined: 05 May 2001 11:31
Location: Chennai

Re: Analyzing CPEC

Postby SSridhar » 21 Nov 2017 15:49

Pakistan refuses to allow free use of yuan for CPEC projects - PTI, Economic Times
Pakistan has refused to allow free use of the Chinese yuan on the lines of the US dollar in the country as officials from the two nations met to decide on a long-term developmental plan under the China-Pakistan Economic Corridor (CPEC).

The meeting of senior officials from Pakistan and China yesterday decided to formally move ahead despite hurdles and finance at least three special economic/industrial zones (SEZs) and some important rail, electricity and road projects.

The Dawn reported quoting a senior government official that Pakistan was not ready to allow the Chinese yuan (renminbi) for free use in Gwadar or its treatment on a par with the US dollar in the country and this was disappointing for the visiting Chinese officials {Naturally. I don't blame the Chinese. Last year, Pakistan suggested to Afghanistan to switch to yuan, didn't it?} .

He said the use of yuan for common use in any part of Pakistan or exchangeable like dollar has to be on a reciprocal basis. {Wow, fantstic reciprocity. So, the Pakis want their useless Paki rupee to be a free currency in China?}

The official also said the issue would be discussed again for some kind of institutional arrangement at the CPEC Joint Cooperation Committee (JCC) meeting today to be co-chaired by Interior Minister Ahsan Iqbal, who is also minister for planning and development reforms, and Wang Xiaotao, vice chairman of National Development and Reforms Commission (NDRC) of China.

The official said the USD 3.5 billion Karachi Circular Railway (KCR) project was also unlikely to be cleared for inclusion in the CPEC at this stage because of some unsettled issues between the two countries. The project is likely to be dropped for now.

Informed sources said the two sides appeared to have settled issues relating to $8.5 billion Karachi-Lahore- Peshawar Railway Line.

The discussions were positive and the two sides are also expected to sign agreements on actively promoted power projects.

They also agreed to include road projects such as the much-talked-about western route between Gwadar, Nawabshah, Zhob-D I Khan-Hakla under CPEC besides Karakoram Highway (KKH) in Gilgit-Baltistan.

chetak
BRF Oldie
Posts: 17469
Joined: 16 May 2008 12:00

Re: Analyzing CPEC

Postby chetak » 21 Nov 2017 16:00

Aditya_V wrote:Why cant the Chinese envoy use thier influence over Pakistan to Vacate POK, dispute solved.


why would the hans do that??

Their investments in POK and the creation of assets in POK will at some point in time make them automatic stakeholders in the cashmere dispute.

The hans will use their involvement in POK to gang up against India with the pakis.


Return to “Strategic Issues & International Relations Forum”

Who is online

Users browsing this forum: No registered users and 34 guests