See this video from 4:53 featuring an analyst from IRIS named Olivier Guillard.
Can anyone explain the logic thrown by this analyst?
Anchor: How did this idea come about for Pakistan and China to have such an ambitious project when does it date back to?
Guillard: Well, if we take the big look what was the case a few years ago, I mean, this is a long bilateral story between these two countries. They are two real major Asian allies for decades if not for alpha centuries of if more and at the moment we have a country Pakistan that is very in the dark side of the international community. no one wants to go there. There is an internal security, terrorism, radicalization, Pakistani Taliban, pretty complicated game as well played by the Pakistan in Afghanistan. Tensions with India. Who wants to go and move to this country? No one is specifically companies, North American companies are no longer willing to go there.
Anchor: So, why is China willing then, considering the security considerations and because of corruption?
Guillard: Because, Pakistan is a neighbor, a very important neighbor. China has very complicated relations with India. Pakistan has very complicated, to say the least, relations with India. It creates some bridges and bounds between the two countries, and by the way this is a market Pakistan is 200 million people. Most of them are living much below the poverty line but still this is a market with a good governance, with a state of peace, and not state of war would be in a position to do something very significant. So, it could be in a economic situation that could benefit china obviously but still at the moment problem with securities that's the case. However, Pakistan would benefit from this huge investment in the short term and in the long term.
Anchor: It's getting roads, it's getting highways, ports ...
Guillard: Electricity. yes, powers, without powers you cannot get access to electricity, to water. I mean, this is a country where most of the people are living in the countryside. So, agriculture needs water then electricity. Only China is willing to provide the money to modernize infrastructure. So, it's a major. Of course, China wants to benefit from that. The benefits, if it's not today should be tomorrow in economic terms. But, in diplomatic and political terms, may be more important for China. China wants to be in Asia. It's already the case. The power that is supposed to eventually dictate terms softly, or less softly in the long term but still it needs to rely on allies. Pakistan is a perfect ally on that. And, then when China provides assistance to Pakistan, Pakistan also .... bla bla bha ... (I am bored to death).
Looks like this guy is not answering the actual question, and just throwing his rants around. Anyways, I want to pose the same question the anchor threw already.
Why are Western countries not investing in Pakistan, considering the security considerations and corruption while China is not bothered?
If China can be there in Pakistan, a country which is at the dark side (not a super-villain) of the international community, why don't other countries want to be there, especially those North American companies?
Don't Chinese people value their lives? Don't they consider corruption to be a problem to do business?