Hendrik_2000
Lieutenant General
But but who is holding the bag when the all those loan go bad?
Chinese bank because most of the fund is from the bank. By extension the Chinese people because so many of their social program didn't get funded as the population aged
For every dollar that is loaned mean 1 less dollar for social funding
There are still 80 million Chinese who live on $2/day So it is not fool paradise
So only looking for the far tree will get your head bump because the you didn't see the tree in front of you!
All those physical investment will only work if is accompanied by reform like more efficient and less corrupt government , ease of doing business, opening up, jettison those subsidy that encourage waste. and get rid of entitlement and Raj license. Discourage people from hand out
So building road, port, power plant will not overnight make Pakistan China far from it. I am afraid by dumping ton of money China will only encourage the mentality of dependency
Chinese bank because most of the fund is from the bank. By extension the Chinese people because so many of their social program didn't get funded as the population aged
For every dollar that is loaned mean 1 less dollar for social funding
There are still 80 million Chinese who live on $2/day So it is not fool paradise
So only looking for the far tree will get your head bump because the you didn't see the tree in front of you!
All those physical investment will only work if is accompanied by reform like more efficient and less corrupt government , ease of doing business, opening up, jettison those subsidy that encourage waste. and get rid of entitlement and Raj license. Discourage people from hand out
So building road, port, power plant will not overnight make Pakistan China far from it. I am afraid by dumping ton of money China will only encourage the mentality of dependency
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