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India-Pakistan
China Promises to Help Cash-Strapped Pakistan
2008-10-17
Mr. 'Ten Percent' just figured out what ten percent of zero is ...
China has promised to do all it can to help longtime ally Pakistan overcome its financial difficulties. Reports from Beijing Thursday say Chinese Premier Wen Jiabao made the promise during a meeting with Pakistani President Asif Ali Zardari, who is visiting China.

A spokesman for China's Foreign Ministry, Qin Gang, told reporters after the meeting that China is ready to support Pakistan "within its capability." He did not specify what kind of assistance Beijing would provide.

On Wednesday, Pakistan's president and his Chinese counterpart Hu Jintao signed more than 10 deals on cooperation in areas including economy, trade, mining and agriculture.

Mr. Zardari is seeking economic agreements and assistance in an effort to save Pakistan from economic collapse. The Financial Times newspaper reported that Pakistan's president was to seek more than $500 million in loans from China and a nuclear energy accord. But Chinese state media did not mention any agreements in these areas.
Posted by:Steve White

#7  Nah, the Chinese won't be contributing any money. They'll just say that they will, and then never pay anything. It's getting scary how well I can predict these attitudes these days...
Posted by: gromky   2008-10-17 21:00  

#6  Hey, China, knock yourself out. Try to fill a financial black hole. Good luck t'ye.

On another note, China will finance stuff, like mines, extract the minerals, give Paks a bit of coin for it, and leave an ecological disaster, just like dealing with a cheap whore.
Posted by: Alaska Paul   2008-10-17 17:33  

#5  China will just counterfeit our money too fund them
Posted by: chris   2008-10-17 17:07  

#4  No strings attached, I'm sure.
Posted by: tu3031   2008-10-17 09:42  

#3  does this mean we don't support them anymore? if we do we shouldn't, shouldn't have in the first place
Posted by: chris   2008-10-17 08:18  

#2  SAME > PATTEN: THE FUTURE OF THE US AND CHINA IS "INEVITABLE CONFLICT", as due to China's growing modernization and global influence. EUROPE, however, will still be World No.2 behind the the USA, whose role as ABSOLUTE OR UNCONDITIONAL WORLD/GLOBAL SUPERPOWER WILL CONTINUE -Europe will be sovereign vee US but under variable duress e.g. loss of 20% of Population by end of the century; + INDIA, PAKISTAN, AND CHINA WILL BE VALUABLE NUCLEAR STRIKE TARGETS [ i.e. REGIONAL NUCLEAR POWER]. India rising.

* BRITAIN > FINANCIAL TIMES - THE WEST MUST TAKE THE SOCIALIST ROAD; + REDDIT/TOPIX: US CRISIS THE END OF WESTERN CAPITALISM? + KEENAN: WESTERN CAPITALISM [21st Century -ISM]MUST BE UNDERPINNED BY SOCIALISM, in times of chaos or serious crisis.
Posted by: JosephMendiola   2008-10-17 02:08  

#1  WORLD MILITARY FORUM > PAKISTAN PRAISES CHINA SUPPORT: A POWERFUL CHINA IS A POWERFUL PAKISTAN.

Also from WMF > BRITISH THINK TANK: CHINA, NOT US, IS THE ROOT CAUSE OF THE US FINANCIAL CRISIS + CHINA'S COMING GREAT DEPRESSION.
Posted by: JosephMendiola   2008-10-17 01:58  

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