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#GwadarPort

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Ramesh #NotGoingBack<p>⬆️ &gt;&gt; When <a href="https://mastodon.social/tags/Pakistan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Pakistan</span></a> defaults on <a href="https://mastodon.social/tags/China" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>China</span></a> loans under the <a href="https://mastodon.social/tags/BeltAndRoadInitiative" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BeltAndRoadInitiative</span></a>, China’s real prize would be Pakistan’s <a href="https://mastodon.social/tags/GwadarPort" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GwadarPort</span></a> on <a href="https://mastodon.social/tags/ArabianSea" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ArabianSea</span></a> 👀</p><p>Both <a href="https://mastodon.social/tags/India" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>India</span></a> and <a href="https://mastodon.social/tags/Brazil" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Brazil</span></a> have rejected <a href="https://mastodon.social/tags/BRI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BRI</span></a>. </p><p>China's audacious project continues to fly under the radar in US news and public consciousness. See 🧵 above for a refresher.</p><p><a href="https://southasiatimes.org/brazil-and-india-rejection-of-chinas-bri-whats-at-stake/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">southasiatimes.org/brazil-and-</span><span class="invisible">india-rejection-of-chinas-bri-whats-at-stake/</span></a></p>
Ramesh #NotGoingBack<p>⬆️ 10 weeks ago &gt;&gt; <a href="https://mastodon.social/tags/Pakistan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Pakistan</span></a> [already crushed under <a href="https://mastodon.social/tags/China" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>China</span></a> <a href="https://mastodon.social/tags/debtDiplomacy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>debtDiplomacy</span></a>] seeks a new long-term <a href="https://mastodon.social/tags/IMF" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>IMF</span></a> <a href="https://mastodon.social/tags/bailout" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>bailout</span></a>… When Pakistan defaults on China loans under the audacious <a href="https://mastodon.social/tags/BeltAndRoadInitiative" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BeltAndRoadInitiative</span></a>, China’s real prize [would be] Pakistan’s <a href="https://mastodon.social/tags/GwadarPort" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GwadarPort</span></a> on <a href="https://mastodon.social/tags/ArabianSea" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ArabianSea</span></a> 👀</p><p>Seems like that day is closer now. When <a href="https://mastodon.social/tags/ChinaPakistanEconomicCorridor" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ChinaPakistanEconomicCorridor</span></a> <a href="https://mastodon.social/tags/CPEC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CPEC</span></a> was launched in 2015, it was heralded as a game-changer for Pakistan</p><p>The plan (part of <a href="https://mastodon.social/tags/BRI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BRI</span></a>) promised to transform Pakistan’s economy</p><p><a href="https://www.thestatesman.com/world/pakistan-and-chinese-debt-trap-a-looming-crisis-1503337009.html" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">thestatesman.com/world/pakista</span><span class="invisible">n-and-chinese-debt-trap-a-looming-crisis-1503337009.html</span></a></p>
Ramesh #NotGoingBack<p>⬆️ <a href="https://mastodon.social/tags/Pakistan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Pakistan</span></a> presents a budget as it seeks a new long-term <a href="https://mastodon.social/tags/IMF" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>IMF</span></a> <a href="https://mastodon.social/tags/bailout" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>bailout</span></a>. </p><p>It’s looking for a long-term loan of $6B–$8B from IMF to help stabilize the economy, which in 2023 nearly defaulted on foreign debts.</p><p>Re IMF, Pakistan will privatize its national carrier, <a href="https://mastodon.social/tags/PakistanInternationalAirlines" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PakistanInternationalAirlines</span></a>, which <a href="https://mastodon.social/tags/China" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>China</span></a> will swoop in on when Pakistan defaults on China loans under <a href="https://mastodon.social/tags/BeltAndRoadInitiative" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BeltAndRoadInitiative</span></a> <a href="https://mastodon.social/tags/BRI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BRI</span></a> <a href="https://mastodon.social/tags/debtDiplomacy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>debtDiplomacy</span></a>, but its real prize is Pakistan’s <a href="https://mastodon.social/tags/GwadarPort" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GwadarPort</span></a> on <a href="https://mastodon.social/tags/ArabianSea" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ArabianSea</span></a> 👀</p><p><a href="https://apnews.com/article/pakistan-budget-parliament-imf-7752e501660024e269ce99a423f5a4f4" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">apnews.com/article/pakistan-bu</span><span class="invisible">dget-parliament-imf-7752e501660024e269ce99a423f5a4f4</span></a></p>
Ramesh #NotGoingBack<p>⬆️ The <a href="https://mastodon.social/tags/GreatEncircler" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GreatEncircler</span></a> says it is willing to upgrade economic corridor with <a href="https://mastodon.social/tags/Pakistan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Pakistan</span></a> &amp; deepen ties with <a href="https://mastodon.social/tags/Brazil" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Brazil</span></a></p><p>Put that way, it sounds like <a href="https://mastodon.social/tags/China" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>China</span></a> is only reluctantly agreeing to do that</p><p><a href="https://mastodon.social/tags/ChinaPakistanEconomicCorridor" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ChinaPakistanEconomicCorridor</span></a> includes building roads &amp; rail systems to link China’s <a href="https://mastodon.social/tags/Xinjiang" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Xinjiang</span></a> region to Pakistan’s <a href="https://mastodon.social/tags/GwadarPort" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GwadarPort</span></a> on the <a href="https://mastodon.social/tags/Arabian" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Arabian</span></a> sea</p><p>It's part of Xi’s <a href="https://mastodon.social/tags/BeltAndRoadInitiative" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BeltAndRoadInitiative</span></a> <a href="https://mastodon.social/tags/BRI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BRI</span></a>, in which civilian infrastructure projects also have military applications.</p><p><a href="https://mastodon.social/tags/GlobalSouth" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GlobalSouth</span></a></p><p><a href="https://apnews.com/article/china-pakistan-brazil-sharif-xi-alckmin-840a87521d23a6a00b053098f22c23cd" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">apnews.com/article/china-pakis</span><span class="invisible">tan-brazil-sharif-xi-alckmin-840a87521d23a6a00b053098f22c23cd</span></a></p>
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