How China’s Flagship Belt and Road Project Stalled Out

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The China-Pakistan Economic Corridor is one of the most important components of Beijing’s ambitious Belt and Road Initiative. But so far, just one-third of planned development has been completed.

#China+ #BloombergQuicktake #Pakistan

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business
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“Hire Chinese workers who ultimately take wages home.” It’s the small things that matter folks

rtgsamples
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"The US decided the port would not be economically viable..."
China: THAT'S MY JAM

macdom
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China building road for themselves and charging the bill for it as loan to Pakistan 😂😂

bitcoinheist
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The 1947 footage was of Indian parliament lmao

abhisheksoni
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Hilarious that at 1:46 they have used footage from the Indian parliament from 1940s when talking of Pakistani independence 😂

ankittyagiishere
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Well, if you have a spare $1 trillion, it is better to spend it on infrastructure around the developing world - than fritter it away in a single misguided war (Operation Iraqi Freedom).

MrOkadaman
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Idea is to belt Pakistan on the Road. (That's the whole belt and road initiative)

damodarhegde
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Phase 1 CPEC
Phase 2 Provide Loans
Phase 3 Bankrupt Pakistan
Phase 4 Provide Trust
Phase 5 Take over Pakistan

humanfirst
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With the kind of leaders pakistan has, and it's never ending dependency to rely on others, it will always remain a stooge of other super powers.

syedfarukhaider
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6:05 Oh, the CCP will install 5, 000 cameras, and install CCP trained police to 'maintain a high standard of human rights.'

brennencox
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Looks like a Debt trap to me... they walked right into it, that’s what happens when you get hand outs in the first place! There’s no partnership there 🤦🏻‍♂️

coolskool.
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Very impressive port.
Very busy as well, I counted 6 cruise ships, 8 tankers, 12 cargo ships and
20 industrial cranes 😂😂
Greetings from Germany...🍺🖐

wernercaspary
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rule no. 1: don't mess with the Fisherman in the area. It leads to delayed projects worldwide, f.e. in Jakarta

johannespkassing
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The report is completely misleading. The project is supposed to complete in 2030. First phase of CPEC, which include 12K megawatt electricity, has already completed, the 2nd phase which include Special Economic Zones is underway. Already 10 Special Economic Zones have approved by PM in March 2020 and 3 of which are already working. More than 3000 km roads are either completed or about to complete this year. Moreover, China is building two big dams which will complete in 2025.

sajidmosvi
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Pakistan owes the world 239 billion dollars, and Chinese money is only 25% of it. Considering that the debt is used to build critical infrastructure, the CPEC project is essential to Pakistan. And why does no one talks about the other 75% debt 🤔

manofculture
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So basically China is developing a military base outside China in some other country

premprasun
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Why are no Pakistani/Chinese interviewed, in order to have a balanced view on the topic they should have been interviewed too, I am neither Pakistani or Chinese, just want a balanced reporting

RM-eibe
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Showing footage of india when guy is talking about Pakistan

dheerajs
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Pakistan PM :"Our economy now linked to china "this is the big statement . Pakistan on the way to srilanka .

yashramanuj
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