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India-Pakistan
How Chinese investments are capturing Pakistan's economy
2021-08-08
[DW] Despite security threats and growing local resentment, China continues to pump billions of dollars into Pakistain and invest in a wide range of sectors.

The multibillion-dollar China-Pakistain Economic Corridor (CPEC),announced in 2015, was aimed at overhauling Pakistain's crumbling infrastructure and linking the nation's southern port of Gwadar to western China.

The ambitious project, part of Chinese President Xi Jinping's signature Belt and Road Initiative, was originally estimated to bring in $46 billion (€38.7 billion) of investment into Pakistain. But it's now estimated to have increased to about $65 billion.
Posted by:trailing wife

#8  #4 Phonetic Mandarin or Cantonese?
Posted by: NoMoreBS   2021-08-08 19:04  

#7  ^ #4

Tsk, tsk, tsk... Such Language & especially from a Lady like you Wren.... Are your fingers burning after typing ....

Chinese Supreme A--holes

Little Secret... you are right. 😆
Posted by: Glavick Whererong9495   2021-08-08 15:59  

#6  but have also bought a 40% stake in the Pakistain Stock Exchange (PSX) company.

That must have set them back a buck fifty. I've always heard the Chinese like to gamble.
Posted by: Matt   2021-08-08 15:12  

#5  The Paks see China as a balance to India. Got to wonder why all the silo building in the Middle Kingdom. US and Russian deescalation was only about addressing overkill.
Posted by: Procopius2k   2021-08-08 14:31  

#4  Chin gaandu hai.
Posted by: Wren   2021-08-08 13:45  

#3  Chinese arrogance is astounding. And astounding arrogance usually costs majorly.
Posted by: Dron66046   2021-08-08 12:26  

#2  It will be fascinating to see who hustles whom, given the Kiplingesque admonition about "hustling the east". Here we see thieving cheats taking money from thieving cheats....how does this end well, and hopefully it doesn't!
Posted by: NoMoreBS   2021-08-08 12:15  

#1  the link between Pakistan and China is a curious one

the only highway that connects them goes over Khunjerab Pass which is over 14,000' and is snow covered and impassible during the midwinter

there is no rail link between the two countries but it would be possible to build a rail line along the highway --- the cost would be enormous and it would take years
Posted by: Lord Garth   2021-08-08 00:25  

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