China backed cooper mine threatens Pakistan shutdown over security risk

[SoulSpokesman]

@Watandar sb

Another huge huge mistake was not hiring Pakistani labor for these big public works CPEC projects and bringing in labor from china instead.

That wasn't a mistake. That is SOP for your taller than Himalayas, sweeter than honey, deeper than oceans friend. They will use their own labour, own machinery, own materials and own finances - you only get to enjoy the end product at inflated prices and repay the debt at Shylockian interest rates. Dont want that? Then No CPEC projects.

Regards

 

[royalharris]

@Watandar sb

Another huge huge mistake was not hiring Pakistani labor for these big public works CPEC projects and bringing in labor from china instead.

That wasn't a mistake. That is SOP for your taller than Himalayas, sweeter than honey, deeper than oceans friend. They will use their own labour, own machinery, own materials and own finances - you only get to enjoy the end product at inflated prices and repay the debt at Shylockian interest rates. Dont want that? Then No CPEC projects.

Regards

Right. Cease imports of the J-10 and J-35 fighter jets from China. How cheap are the steel and aluminum raw materials required to build these aircraft, yet China sells them to you at inflated prices. Cut all business ties with them.

 

[Owaiz]

Australia stands isolated in the Pacific Ocean, far from Europe, the United States and the United Kingdom.
China is Australia’s largest trading partner, and Australia’s economy is heavily reliant on China. The country welcomes Chinese investment within its borders, only hoping to receive the same trade treatment and tariff exemptions granted to Pakistan.
Furthermore, Australia boasts far superior infrastructure and public security conditions compared to Pakistan

China is one of the largest trading partners of most countries, including USA, Japan and India. That doesn't mean they will welcome investment from China in strategic sectors like critical minerals. Australia is a part of most formal and informal anti China alliances in the region. Like all countries, they will welcome Chinese money, but not in the strategic areas that Pakistan allows.

 

[SoulSpokesman]

@royalharris

Stop importing the J-10 and J-35 fighters. How little are the aluminum and steel materials used to manufacture the J-10 actually worth?

Fair point.

Regards

 

[royalharris]

China is one of the largest trading partners of most countries, including USA, Japan and India. That doesn't mean they will welcome investment from China in strategic sectors like critical minerals. Australia is a part of most formal and informal anti China alliances in the region. Like all countries, they will welcome Chinese money, but not in the strategic areas that Pakistan allows.

Political posturing against China amount to nothing more than symbolic gestures

yet trading with China delivers tangible economic benefits and supports people’s livelihoods.We welcome deeper and expanded economic cooperation between China and Australia, as Australia’s mineral resources are vastly superior to those of Pakistan

 

[Owaiz]

Initiatives such as AUKUS and political posturing against China amount to nothing more than symbolic gestures

yet trading with China delivers tangible economic benefits and supports people’s livelihoods

Yeah sure, USA , Japan and India also have a large mutually beneficial trade relationship with China.

Australia may welcome Chinese investments in real estate or car dealerships, but anything that has sensitive national security implications is unlikely to go through.

In any case, Chinese investors have earned hefty returns underpinned by sovereign guarantees in Pakistan. No one is forcing them to invest here or stopping them from going to Australia or any other country. I wish them all the best.

 

[royalharris]

Yeah sure, USA , Japan and India also have a large mutually beneficial trade relationship with China.

Australia may welcome Chinese investments in real estate or car dealerships, but anything that has sensitive national security implications is unlikely to go through.

In any case, Chinese investors have earned hefty returns underpinned by sovereign guarantees in Pakistan. No one is forcing them to invest here or stopping them from going to Australia or any other country. I wish them all the best.

Mineral resources, just like petroleum reserves, carry zero inherent value if they remain buried underground untapped.
China and Australia have partnered to exploit iron ore, copper, lithium and nearly all other types of mineral resources. These resources would stay worthless underground without development, and we hope such mining cooperation can be further expanded. Meanwhile, we also hope that China can lower its tariffs on Australia and import more agricultural products, meat and seafood from the country.
As for media conferences and official political rhetoric, they amount to nothing more than symbolic gestures, disconnected from tangible commercial ties and real-world operations

Therefore, rather than channel capital into Pakistan, China ought to direct its investments toward regions and countries that can deliver greater returns

 

[ety]

@Watandar sb

Another huge huge mistake was not hiring Pakistani labor for these big public works CPEC projects and bringing in labor from china instead.

That wasn't a mistake. That is SOP for your taller than Himalayas, sweeter than honey, deeper than oceans friend. They will use their own labour, own machinery, own materials and own finances - you only get to enjoy the end product at inflated prices and repay the debt at Shylockian interest rates. Dont want that? Then No CPEC projects.

Regards

Here come the insidious Indians.

 

[Owaiz]

Mineral resources, just like petroleum reserves, carry zero inherent value if they remain buried underground untapped.
China and Australia have partnered to exploit iron ore, copper, lithium and nearly all other types of mineral resources. These resources would stay worthless underground without development, and we hope such mining cooperation can be further expanded. Meanwhile, we also hope that China can lower its tariffs on Australia and import more agricultural products, meat and seafood from the country.
As for media conferences and official political rhetoric, they amount to nothing more than symbolic gestures, disconnected from tangible commercial ties and real-world operations

Therefore, rather than channel capital into Pakistan, China ought to direct its investments toward regions and countries that can deliver greater returns

This is what recently happened to Chinese investors in Australia

Australia's curb on Chinese rare-earth investors raises geopolitical risks - Global Times

www.globaltimes.cn

 

[royalharris]

This is what recently happened to Chinese investors in Australia

Australia's curb on Chinese rare-earth investors raises geopolitical risks - Global Times

www.globaltimes.cn

Rare earths differ from other mineral resources.
Are Australia and other countries allowed to invest in China’s rare earth sector?
Its situation stands as a special case.
To reiterate, Australia far outperforms Pakistan across the board when it comes to ore grades, infrastructure, investment climate and contract integrity. We welcome Chinese investment in Australia’s mineral, agricultural and other sectors.

 

[Owaiz]

Rare earths differ from other mineral resources.
Are Australia and other countries allowed to invest in China’s rare earth sector?
In addition, does Pakistan possess rare earth deposits? Its situation stands as a special case.

Seriously ? Can you read ? These companies were allowed to invest. After they had put in their money, they were prevented from exercising their shareholder rights and ordered to sell their shares at fire sale prices. Do you think they made a "superior return" than the 20% annual returns Chinese investors were guaranteed by the government of Pakistan.

Anyway, you seem to be a troll. I am just going to ignore you.

 

[royalharris]

Seriously ? Can you read ? These companies were allowed to invest. After they had put in their money, they were prevented from exercising their shareholder rights and ordered to sell their shares at fire sale prices. Do you think they made a "superior return" than the 20% annual returns Chinese investors were guaranteed by the government of Pakistan.

Anyway, you seem to be a troll. I am just going to ignore you.

Refrain from making baseless claims. Kindly provide the original document and point out the clause that guarantees a 20% rate of return.

From the Western perspective, only Europe, the United States, Asia-Pacific economies and Gulf nations attach the highest importance to commercial credibility and integrity. Numerous other countries and regions have virtually no regard for business trustworthiness.
Between 2006 and 2023, China’s total direct investment across all sectors in Australia reached 113.173 billion US dollars. Of this sum, investments in mining and energy stood at 44.951 billion US dollars, including 35.154 billion US dollars exclusively allocated to mineral mining and exploration. This category accounts for 40% of China’s total investment in Australia, making it the largest investment sector.

 

[onlinpunit]

Naxal Issue has been an ideological insurgency whereas balochistan is an ethno-nationalist & separatist one , besides Naxalism got resolved largely due to economy (on ground welfare schemes & substantial infra investments) as money has its tendency to move people's ideology ,fear of security forces only pushes it, here in balochistan it might not work even if pakistan has enough money to sink.

The root cause of both issues is identical :
Real and perceived
1. discrimination by central power
2. Exploitation by power center
3. Lack of development
4. Fear of getting marginalised in own land by outsiders.
5. Naxal differ a bit due to their Marxist ideology. Baloch are more into ethnicity.