Kerry Logistics gets set for a drive into the fast-growing Pakistan market
Hong Kong-based 3PL Kerry Logistics is set to enter the Pakistan market, part of its ...
TSLA: CHINA OPPORTUNITY TURNING INTO THREATDSV: STRENGTHENING WMT: POCKETING ON STRENGTHGXO: CUTTNG LOSSESAMZN: FRAUD INVESTIGATIONFDX: UNCHANGED PAYOUTHON: STEADY YIELDGXO: WORST PERFORMER WMT: NEW STUNNING RECORD KNIN: BOUNCING OFF MAERSK: STILL BEARISHKNX: YIELD BOOSTWTC: TURKISH CARGO WINGXO: HAMMEREDWMT: DEFENSIVE
TSLA: CHINA OPPORTUNITY TURNING INTO THREATDSV: STRENGTHENING WMT: POCKETING ON STRENGTHGXO: CUTTNG LOSSESAMZN: FRAUD INVESTIGATIONFDX: UNCHANGED PAYOUTHON: STEADY YIELDGXO: WORST PERFORMER WMT: NEW STUNNING RECORD KNIN: BOUNCING OFF MAERSK: STILL BEARISHKNX: YIELD BOOSTWTC: TURKISH CARGO WINGXO: HAMMEREDWMT: DEFENSIVE
The Pakistani port of Gwadar is being built by China as part of its widening geopolitical expansion efforts. However, in contrast to other infrastructure projects it is being accompanied by some $500m in grants. The normal Chinese modus operandi is state-backed loans, which come with caveats that the debtors may not be fully aware of: compare and contrast with Gwadar’s Sri Lankan counterpart, Hambantota, the construction of which loaded the government in Colombo with so much debt that last week it gave China a 99-year lease on the port in return for reducing the repayments.
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