Posted on 09/30/2018 1:34:18 PM PDT by BeauBo
The cooling of enthusiasm for Chinas investments mirrors the unease of incoming governments in Sri Lanka, Malaysia and Maldives, where new administrations have come to power wary of Chinese deals struck by their predecessors. Pakistans new government had wanted to review all BRI contracts. Officials say there are concerns the deals were badly negotiated, too expensive or overly favored China.
(Excerpt) Read more at reuters.com ...
2019 will be a sharp adjustment for the communist Chinese economy.
[The cooling of enthusiasm for Chinas investments mirrors the unease of incoming governments in Sri Lanka, Malaysia and Maldives, where new administrations have come to power wary of Chinese deals struck by their predecessors.]
Two reasons were brought up.
1. Trump, Japan, and Taiwan cause "uncertainties" for China's shipping exports,
and
2. Shipping to Europe takes on the order of two months. A land route would cut that down.
Pakistan doesn’t have too many alternatives for saviors outside of China - the US is finally getting tired of bankrolling this failed state, and Pakistan’s only fallback is China. They’ll play the game by China’s rules, or they will disintegrate.
Yes.
There are already many ways to drive from China to Europe, and several rail routes. Google maps can show them.
What China’s One Road, One Belt is really about, is lining the pockets of Chinese communist politicians.
Just like corrupt politicians here (and everywhere) love big infrastructure projects, because of the kickbacks they can skim, and the favors they can dole out, so do the Princelings of the Communist Party of China.
They have an unlimited appetite for such boondoggles. Everybody and their cousin wants in on one. Its a get rich quick scheme for political insiders - which is how they mainly occupy themselves, when not oppressing the population or politicking within the Party.
Pakistan has an alternative to becoming a Chinese vassal - stop being a major terrorism sponsor, and rejoin the community of decent Nations.
I saw a similar show. I think it would be a good idea, but any investors would have to be nuts, given the politics and economies of pretty much every country it goes through until it hits Europe.
“Their predecessors got the bribes, but the new governments got the bills.”
Well said.
Going forward, it is going to be harder to get away with the bribes, now that conventional wisdom has changed.
Before, politicians looked like they smart shoppers getting lower prices when they went with China. Increasingly, the assumption is that they took bribes.
“The Chinese will discover, as others have before them, that loan documents to these countries are not worth the paper theyre printed on.”
The communist princelings themselves make even those third world s**tholes look like pikers, when it comes to fraudulent debt.
I think it would be average for the assets of any such project to be carried simultaneously on the books of at least three different Chinese businesses or banks.
[Before, politicians looked like they smart shoppers getting lower prices when they went with China. Increasingly, the assumption is that they took bribes.]
[Shipping to Europe takes on the order of two months. A land route would cut that down.]
Pakistan is in bed with China because of India.
In reality, it averages 400-800 [freight?] miles per [gross?] ton per gallon of diesel.
But yes, water is generally the cheapest mode.
#3 - Why were the Romans able to project their power over large distances? They had an advanced system of roads.
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