[🇵🇰] China rebuffs Shehbaz Sharif on new BRI investment !

[Old School]

Source : https://asia.nikkei.com/Politics/International-relations/China-rebuffs-Pakistan-s-Sharif-on-new-BRI-investment

Shehbaz Sharif went to China hoping to land more big-ticket energy and infrastructure deals as his country reels from an economic crisis.
While Sharif and his entourage of cabinet ministers met with President Xi Jinping and other top officials in Beijing, the group left nearly empty-handed after finishing a five-day official visit this past weekend.

That may be the new normal for Pakistan's leadership as China cools on the South Asian nation and its much-hyped $50 billion China-Pakistan Economic Corridor (CPEC), a cornerstone of Beijing's globe-spanning Belt and Road Initiative.

"The Chinese have become wary of putting in more money since they know it is a financial black hole due to Pakistan's long-term poor economic circumstances," Jeremy Garlick, an associate professor of international relations at Prague University of Economics and Business, told Nikkei Asia. "China needs to maintain the facade that CPEC is working because it is supposed to be a key part of the BRI."

Last month, Islamabad requested an additional $17 billion of China-funded energy and infrastructure projects following a key meeting of the body that decides on future CPEC investments.

Before his trip, Sharif's first to China since taking office in March, Pakistani officials had claimed that an upgraded version of the multibillion-dollar agreement would be formally launched in Beijing.

The Chinese response, however, was lukewarm. A 32-point joint statement issued this weekend revealed that Pakistan eked out few concrete gains, with only a vague mention of an upgraded economic cooperation deal.

 

[Lulldapull]

Isn't it sad and disheartening that we have nearly 250 million people, mostly young, and for some mysterious reason, we can't for the life of us turn our economy around? despite the Chinese having already invested $25 billion of the scheduled $50 billion on CPEC? We have all the electrical power we require now. How come we are unable to stimulate our economy? What a fukking mystery folks. Ajeeb baat hae.

 

[PakistanProud]

Isn't it sad and disheartening that we have nearly 250 million people, mostly young, and for some mysterious reason, we can't for the life of us turn our economy around? despite the Chinese having already invested $25 billion of the scheduled $50 billion on CPEC? We have all the electrical power we require now. How come we are unable to stimulate our economy? What a fukking mystery folks. Ajeeb baat hae.

May have something to do with the sold out top elitist generals that some of us here sadly defend. We need to come to this realization.

 

[Old School]

Isn't it sad and disheartening that we have nearly 250 million people, mostly young, and for some mysterious reason, we can't for the life of us turn our economy around? despite the Chinese having already invested $25 billion of the scheduled $50 billion on CPEC? We have all the electrical power we require now. How come we are unable to stimulate our economy? What a fukking mystery folks. Ajeeb baat hae.

Because we are not competent enough in reality. Our pilots have fake commercial licenses, and most of our degrees are sham or fake. Our capabilities are also fake, which makes many people think we are ahead, but we are not.

 

[Deleted due to Error (Muji Iqbal)]

Don't blame the Chinese one bit. But the Chinese should help Pakistan in such a way, that Pakistan can help itself and be self-reliant.

 

[Lulldapull]

I'm just lost for words here guys......I posted dat news on da Irani doing $200 billion annual dhanda (under reported fake figures) despite sanctions no?

1. They are parrosi no? in our rough disheveled hood.
2. That is a muzlim country too no?
3. They got total control over their pop. and working their educated elite like robots into science & tech & manufacturing?
4. Iranis planning a manned space mission soon along with a space station. And it will pull all the other muslim countries chaddis away and expose all of us as totally incompetent.
5. $400+ billion China offered them to our meagre $50 billion CPEC, but they are still dwelling on dat offer?
6. We can't control jahil dalit afghani, yet Iran controls 6 muzlim capitals? Prolly more soon? Controlling Sudan is their latest addition to da list? Ethiopia is soon to become their 7th toady.
7. If their 'molvi' leadership can do all this, a defacto trillion dollar plus economy, despite western sanctions with less than a third of our pop......WTF are we doing wrong?

I'm looking for answers here, but I can't find any. Hum kya waqae bewquff hain? Why can't we do even half of what our parrosi musalman doing out west? Even chutiya turkey doing better than us.

Kamal hae!