hina wants rule the Asia

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SAIFNOV 23, 2016 10:15AM
Misleading article. In the article, you are saying China has excess capacity and need to export to
other countries and they can do very cheaply. Then how it will help Pakistan in producing same
items? Pakistan cant compete with China in any manufacturing field. So in end, lots of debts
with high interest rates will haunt in future plus zero industry development. Plus lots of pollution
by Chinese trucks as they don't care for environment as we can easily see in Chinese villages and
cities. Pakistani industries such as Cement+steel, chemicals, machinery will be destroyed as
mentioned in article. "Chinas installed capacity in steel, cement, bulk chemicals and heavy
machinery, is now under-utilised".

RECOMMEND156
BRRNOV 23, 2016 10:29AM
For a pro-China propaganda, this article does a good job. What is amazing is the total lack of any
understanding of the cost benefit for pakistan - just a handwaving seems to be enough to cover it.
And the whole pakistan approach to be "trust china". Is that state policy? Can that be a logical
approach to development? So juvenile.

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ALINOV 23, 2016 10:30AM
it seems PAKISTAN is talking more about THE CHINESE ECONOMY than their own.

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HUMAN FIRSTNOV 23, 2016 10:52AM
Similar joint ventures between India and Pakistan should benefit evryone.Hope some good sense
prevails in future..

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VIVEKNOV 23, 2016 11:07AM
Good article about China's role and supposed benefits from OBOR. It is true that CPEC is much
more than economics and gives strategic advantage to China. But the future impact on Pakistan
and real cost analysis from the Pakistan's point of view is completely missing from this article.
Author did not address legitimate concerns such as debt repayment where the country is already
highly indebted, future of local industry and manufacturing, High power tariffs of CPEC power
projects ,environmental impact on the country etc. Just asking a simple question, will Pakistan's
exports remain competitive vis-a-vis China and other South Asian countries after this Game
Changer project?

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HASANNOV 23, 2016 11:26AM
Totally wrong portraying of facts, people should refrain from such propaganda

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MOHSIN ALI SHAHNOV 23, 2016 11:59AM
Brilliantly articulated article that spans the many facets of CPEC that impact both Pakistan and
China. This is an article that skeptics of CPEC must read.

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BELIEVENOV 23, 2016 12:02PM
It is very difficult to believe China, even though there are lots of MoUs and joint ventures with
China-Pakistan. There should be clear cut details of the project. To benefit pakistan - 90% of
materials should be bought from Pakistan factories, For every 100 kms there should be Industrial
parks all along the CPEC. pollutions cess should be charged for every truck entering the Pakistan
from China, Valuable trees need to be planted all along the CPEC, Along with road there should
also be rail network in CPEC it will long term benefit for Pakistan,

RECOMMEND45
PMNOV 23, 2016 12:59PM
@Believe : Agree with your points.

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MAHMOODNOV 23, 2016 01:00PM
@Namobuddhay - NO, China wants to rule The World! Pakistan is just a stepping stone along
the way.

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MAHMOODNOV 23, 2016 01:15PM
@Believe - Wishful thinking. But you forget all these ideas cost money and requires private
sector involvement to setup industrial parks.

A shiny city on the hill is everyone's dream. Some even imagine Pakistan should resemble Dubai
after CPEC comes into full force! Such pipe dreams, which are unrealistic with a mere $46
billion budget for the project. You are talking about an undertaking that would require Chinese,
Pakistan, local private sector and foreign investment far in excess of CPEC budget!

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SKEPTICNOV 23, 2016 01:32PM
CPEC is the proverbial saving grace from China. Because our leaders - since the departure of
Pervaiz Musharraf - have not been able to attract any sizeable foreign direct investment, private
ventures or even aid from foreign countries to make the industry flourish in Pakistan.
You have to step back for a few minutes, and ask yourself, 'What if China had not been willing to
invest in this project'? Where would Pakistan be? How many of our Arab so-called 'friends' have
invested in infrastructure, or set up joint-ventures or industrial park to help create jobs for the
locals? If the answer is NONE, than no one should even dream of Microsoft, IBM, GM, Chase of
the US, or HSBC, Fiat, or VWs of Europe to set up offshore facilities in Pakistan, and invest
billions like they did in India, That speaks of the failure of our elected leaders to promote the
interests of the country - rather their own!

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ASHFAQNOV 23, 2016 01:40PM
China has been able to develop its industry from scratch to a point today ,when there is a flood of
Chinese goods with multiple innovations and as per customers need.They are able to produce
goods for Europe and US and at the same time they have the capacity to provide these items to
3rd 3worlds countries with cheapest rates.Rather fearing of your economy to be effected by flood
of Chinese goods, we should concentrate on our own domestic potential and boost our capacity
in items which are our specialty.If we can sustain a bottom line with local produces being
competitive to incoming Chinese goods , no question our industry is flopped.

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MEERNOV 23, 2016 01:43PM
CPEC is more favorable to china but its also change the stance of Pakistan in terms of economy,
Social, and environmental.

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MOHAJIRNOV 23, 2016 01:44PM
This articles speaks on everything except the most important part COST. How will Pakistan re-
pay the enormous loans of CPEC and what revenue will CPEC bring to Pakistan ?.

Pakistan has forex reserves of $23 billion and CPEC itself will laden it with loans of $46
billion ?. Srilanka ended up loosing it's strategic land and ports to China because of the same
reason and Pakistan would be next in the line.

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SARA_AFDALNOV 23, 2016 02:03PM
@Mahmood China is already ruling the world economically and financially. Even America looks
at China to borrow.

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ALLAHDINO M H KANGONOV 23, 2016 02:17PM
Rubbish. Everyone has priorities. China has its own. Let she strive for it. Pakistan must not
speculate any thing and act as think-tank for China's rivals. You must think of Pakistan's
interests. How could you take advantage of CPEC to develop Pakistan. Think of your priorities
and see how you can take advantage. Help China and help yourself.

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ZAFARNOV 23, 2016 02:19PM
We were too qucik to jump in China's lap which is very typical of our leaders because all they
care about is where the next aid package is coming from. We have been sold to China and we can
see how the Chinese treat their own which will give us an idea of how they are going to treat us!!

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GAZABNOV 23, 2016 02:22PM
@Believe Very well said .

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PAKISTANINOV 23, 2016 02:28PM
Please stop.

Lets just get on with it.

Having 18,000 MW of power, new road, rail and fibre links will NOT harm Pakistan

What we need to do is not try to sabotage it, but ensure we can gain maximum benefit from it.

So focus on education (not the madrassa inspired hate preaching type), train the work force, have
the rule of law (basic stuff like littering, traffic rules), take small arms off the streets, become an
equitable and tolerant society

We will rise

RECOMMEND6
ZAFARNOV 23, 2016 02:28PM
India already has dominion over the Indian ocean and will continue to do so. It has the largest
economy, most powerful navy and longest coastline in the region. Its home ground advantage for
India.

RECOMMEND19
SYED F. HUSSAININOV 23, 2016 02:29PM
Money made in Pakistan by the industry and business leaves the country for three major reasons:

The avenues to reinvest in the country are limited, restricted, controlled.

The money does not feel safe within the country.

The money, when shipped out, makes more profit.

The Chinese money is landing in Pakistan for the same reasons.

The Chinese billionaires are doing it for themselves.

There is a void in Pakistan due to the lack of infrastructure and a robust industry.

The Chinese have found a gold mine in this void.

The Chinese investors won the bid to to work this gold mine.

The Pakistani bidders lost.

Still, some Pakistanis are destined to benefit from this arrangement.

RECOMMEND8
SATYAMEVA JAYATENOV 23, 2016 02:59PM
@sara_afdal - USA DOES NOT BORROW from any other country or institution. Other
countries, and China, invest in USA and take on USA;s 'sovereign risk'. If US$ goes down China
is the biggest victim.

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MUSHTAQUE AHMEDNOV 23, 2016 03:08PM
Dear web editor,

Pls correct the spelling of 'Gwadar' in the para below:

This confusion exists because fresh information on CPEC is mostly anecdotal, rather than from a
credible official source. People will highlight the increasing number of Chinese in the country
(on flights, hotels, shopping malls, etc); the rapid pace of development at Gwadar port; and how
the first Chinese shipment moved through different ports of Pakistan to reach Gwadae. Other
than the recent shipment, concrete details are scarce.

Regards.

RECOMMEND0
ZEESHANNOV 23, 2016 03:41PM
CPEC investment totals $ 46 billion out of which $16 Billion invested in Trade route and the
remaining will be invested in Power Projects which is around $ 36 Billion. if Pakistan unable to
convert power projects to increase its exports , CPEC will be nightmare for Pakistan because of
high interest debt burden. Pakistan should negotiate with China to invest in Pakistan local
industry.China knows that you cant be competitive at high cost of production.
 RECOMMEND6
AMANULLAH KHANNOV 23, 2016 03:46PM
Well articulated full of information article. We the Pakistanis particularly those who could be the
worst sufferers do not have the access to the details of the MO U's and agreements signed
between Pakistan and China. Professor Ahsan Iqbal the Minister and Deputy Chairman Planning
Commission has kept the details as the "top secret" how come we can ask China to share the
details of OBOR -I of China. I believe strongly that China will not betray Pakistan at any cost.
Majority of Pakistanis are believers of 'Easy Money' so we need business without putting enough
hard work. Look at APTMA which has become a white elephant for our weak economy but still
the rulers meet its undesired demands and sacrifice taxes to feed it. Chinese are shrude business
men. For the greedy Pakistani businessmen it will be very difficult to compete with Chinese.
Forging partnerships with Chinese investors will be the only option to remain in the business.

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RAVEENDRA NATHNOV 23, 2016 03:54PM
@saif - CPEC's first beneficiary - if not whole beneficiary - is CHINA and Pakistan will benefit
through residual benefits.

RECOMMEND4
TARIQ, LAHORENOV 23, 2016 04:14PM
Have Pakistani authorities ensured that Pakistan will become China's dumping ground?? I doubt
very much!

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SABEEH AHMADNOV 23, 2016 04:15PM
Though China is considered very trusted friend and CPEC is the latest example of it, But on the
other hand China has import duty structure of 21% on Pakistani yarns. Pakistan balance of trade
with China is on negative side, means too much imports and less exports to China. Still there are
import dutyies on Pakistani YARNS AND FABRICS.. wHY????

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INVERTEBRATENOV 23, 2016 04:22PM
Insightful analysis of the geopolitical dimension of CPEC

RECOMMEND0
SUBHNOV 23, 2016 04:41PM
@saif Thats the reality my friend. CPEC is good for china and what ever extra jobs or ancillary
industries develop in Pakistan will be incidental. Pakistan needs to smartly identify & establish
industries which can utilize CPEC routes to export

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MOHSINNOV 23, 2016 04:44PM
Is there a place where we can read the complete agreement?

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DANISHNOV 23, 2016 05:02PM
I'll try to address some of the main concerns raised by readers.

Let's restate our main premise: By partnering with countries under OBOR, China is not just
seeking to bolster its economy, it is also attempting to forge long-term political ties with its
partners, as any emerging superpower would. This should be uncontroversial.

Pakistan is a potentially important ally to China because of Gwadar. This is key. Gwadar allows
China to establish a firm presence in the Arabian Sea, which it needs to do to realize its 21st
century ambitions. For an economic giant like China, the geopolitical value of easy access to
Gwadar likely outweighs the value of beggaring Pakistan through burdensome debt and the
dumping of goods, thereby risking loss of access to the port or an economically (and hence
politically) unstable partner.

Our faith is not in China's goodwill- it is in China's ability to secure its long-term interests.
Luckily, for now their interests line up nicely with ours.

RECOMMEND3
MANSOOR MUBEENNOV 23, 2016 05:21PM
a well researched article but it fails to answer one basic question. where is the 46 billion dollars
investment . why a single million is not reflected in FDI so far. uptill now it is the pakistani
banks alone who have raised the finance for CPEC

RECOMMEND3
SYED F. HUSSAININOV 23, 2016 05:40PM
@MohSin

No. Some NA members raised this issue in the House and they were told by the government the
details were sensitive and could not be made public. The government said the MNAs could view
the plans in the speakers chamber. The minister concerned had brought the plans in secure
envelopes. Dawn reported this.

RECOMMEND0
SYED F. HUSSAININOV 23, 2016 05:50PM
@MohSin

CPEC agreement is confidential, Ahsan Iqbal tells Senate

http://www.dawn.com/news/1273776
 RECOMMEND0
KINGNOV 23, 2016 06:14PM
Can someone calculate for me?

If $100 cargo travel 100km on CPEC how mach pakistan earn. You will know CPEC a good or
bad deal.

RECOMMEND5
TRUE INDIANNOV 23, 2016 06:26PM
In my opinion the best thing is to have a trade and investment deals between India and Pakistan
by stop worrying too much about the Kashmir issue. This issue has been at the core of poverty
and failure to achieve the true economic potential of both India and Pakistan. Fortunately or
unfortunately we have the same culture and to some extend we have similar business ethics,
(although I must stress that in India the business ethics and investment is slighlty better than that
in Pakistan). India and Pakistan has the potential of becoming a free economic zone in itself and
eventually we will not have to depend on anyone's mercy!

RECOMMEND8
BIPULNOV 23, 2016 06:30PM
China will make great profits from CPEC and loan interests. Congratulations Pakistan.

RECOMMEND7
SYED F. HUSSAININOV 23, 2016 07:17PM
@king

It is an arrangement between the two states at the very top level.

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KAUSHALNOV 23, 2016 07:23PM
In form of CPEC, Pakistan has not given way to China for development but offered a way to
jeopardizing the whole economical, environmental and strategic balance of the region. The effect
will be seen immediately in form of unemployment, closure of local manufacturing units,
dumping of Chinese goods in regional markets together with pollution of environment and
culture. Soon it will be a menace for Pakistan.

RECOMMEND4
A. KAZINOV 23, 2016 07:34PM
@Pakistani - Well said - The way the people are writing that we are the cleanest country who has
solid infra structure, with lots of options for development. Reality is we are nation of illiterate
people with no civic sense and negative likeability in the world.
When I visit Pakistan, the largest airport looks like a ghost town. There is so much garbage on
the street (even in the influential area) that I do not know what to say to my kids, who have
visited more than 10 other countries. The way people drive (following the traffic rules) is not
even funny. Law and order, I do not have to say anything. Corruption, I do not know where to
start. Extremism - we have cross all the limits - If some one does not agree with your thoughts,
kill them

Focus improving these things, and use the opportunity which comes to you. Remember - beggars
are not choosers.

RECOMMEND18
RAJ PATELNOV 23, 2016 07:50PM
Pakistani people still don't get that nobody is working for you. You need to work for you. And
there is no free lunch any where in the world. You enter in a game and fetch whatever points you
can. Nobody will fetch points for you as there is no umpire in this game.

RECOMMEND6
LEONOV 23, 2016 07:59PM
Very nicely defined by a senior Economist in the USA : "Pakistan has just sold it's property for
some instant money. They are shifting to a rented accommodation now "...sad but true..

RECOMMEND4
LEONOV 23, 2016 08:00PM
@A. Kazi : I agree with you !

RECOMMEND2
ADINOV 23, 2016 08:37PM
@MohSin its in a safe in panama

RECOMMEND0
SUKHERANOV 23, 2016 09:02PM
CPEC is polarizing subject in Pakistan. The way I see it the whole project is for the benefit of
China which will save millions of dollars in shipping costs and Time for Chinese companies.
What is in it for Pakistan, the air and teh noise pollution

RECOMMEND9
ZAKNOV 23, 2016 09:11PM
Regardless of reservations and fault picking, CPEC is a game changer. This article is very good
and Indians should lobby their govt to resolve kashmir and join CPEC, instead of trying to spoil
regional progress and keeping their own citizens hungry.
 RECOMMEND1
ZAKNOV 23, 2016 09:18PM
@Vivek read the article again, China's common sense approach is 'incremental' which means it
adjusts as circumstances change and this approach will be in tandem with Pakistan's. To
strenghten pakistan economically, China will ensure economic benefits flow to pakistan, so that
it is not economically dependent on anyone or can be influenced by anyone. Indians have left
themselves out of global benefits. Killing resentful kashmiris and keeping its own citizens poor
is bad and sad policy doomed to failure.

RECOMMEND1
ZEESHANNOV 23, 2016 10:02PM
@Kaushal China will surely secure its interest , it is the responsibility of Pakistani leadership
how to capitalize this opportunity.

RECOMMEND2
BAXARNOV 24, 2016 07:24PM
CPEC project is the result of the change in world order. The game changer is the new order.
China, the biggest market, is controlled by itself, so now in position to benefit the most. West's
interest in Asia will flow through China, because of its increasing inability to control Asia
militarily as it did in last 3 centuries. The limit of western powers is evident as the next big
market, the subcontinent, slipped out of its hand. China played it's role well in that regard,
mainly via Pakistan. Left with no option, technology will be the sole bread earner of the west,
incl. JP & S Korea, but it cannot generate jobs in the west. Division in west is evident. Each
country will compete to survive. The resulting competition is to get China as distribution agency.
CPEC is one the the future distribution line. Any attempt to disrupt can endanger the future of
all, not just China.

RECOMMEND0
THE_OBSERVER2 DAYS AGO
Excellent analysis

RECOMMEND0
MOHAMMED ANSARIA DAY AGO
What about the coal fired power stations,,they say coal will be imported from China despite
having large coal mines...very gud...

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