China sanctions $6 billion to Pakistan, while taking control of Skardu Airbase as collateral

By
IFE Admin
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Pakistan on Sale! The country is in the crucial stage of going bankrupt. With unpaid debts piling up each year, Pakistan begins to sell national properties including lands to the Chinese for loans to pay previous loans.

On June 29th 2020, an exclusive report was published by Zee News. Which said “Over 40 Chinese fighter jets, J10, have been witnessed in Skardu in June itself. The Chinese Air Force is understood to have been preparing to use the Skardu airbase to launch an attack against India.” Chinese are interested in this airbase to target India in a much efficient manner.

As per the latest media reports, the country has bought yet another 6 billion USD from China to meet the immediate financial needs. The cost Pakistan has paid is heavy and strategically a huge disaster. Reportedly, rumours being that China has sanctioned USD 6 Billion loans to Pakistan. In turn, China will take control over the Pakistan Air Force forward base of Skardu Airbase as collateral.

Since Skardu is merely 100 kms away from Leh and is much closer than any Chinese airbase, China is testing the capabilities of this airbase so that it can be used against India, which may have to face attack from the double front.

-Zee News (2020)

Experts are speculating the possibility and varsity of the news going around in the Pakistan Social Media and Political circle. Pakistan media sources said that after March 31st 2020, the Chinese Airforce PLAAF will operate from this airbase or at least begin with administering the airbase. Chinese take over of a Pak Airforce base is not a small issue. This must ring alarm bells in India or even in the United States. Which the experts are speculative about the rumours. Open Source Intelligence Experts in India has posted some credible information and insight into the collateral agreement.

Notably, if India retaliates against Skardu, then Pakistan will have an excuse to start the war. Creating an opportunity for a Two front with India. While the Pakistani forces launch an attack from the west, simultaneously the Chinese attacks from the east.

As per the Indian OSINT Twitter user goes by the name Dr.APR, (@drapr007) Pakistan Airforce will have to pay a certain amount to China every year for using parts of this airbase. This makes sense as Pakistan will have to make some payment every year for the 6 billion new loans. And these kindly deals are not new between Pakistan and China. Earlier in the name of China Pakistan Economic Corridor(CPEC), the Pakistani government have leased a major chunk of land in the occupied Balochistan and Gwadar port to the Chinese for 100 years. The deal was first propagated as a massive Chinese investment in Pakistan. But only after the details were published in the public domain, the so-called 60 billion dollars Chinese investment will come in the form of loans. For which Pakistan will have to pay the Chinese with full interest.

If anybody is aware of what China does to it’s weaker neighbours or a failed state in Africa or elsewhere. Do they wonder what of China doesn’t vacate the land after 100 years? Pakistan already sinking in a pile of debts. Won’t be able to pay back the Chinese loans and even the interest either.

Typical of the Pakistan and China relationship is, Pakistan keep selling its territory to China. While China will keep bailing out Pakistan with new loans. Which will once again have to be paid back with interest by Pakistan.

Given this situation, the rumours could be a real deal. Pakistan and the corrupt Pakistani military establishment is capable of selling out, the Skardu Airbase. Note: May it be the Gwadar Port or Skardu Airbase, both are not Pakistan’s territory but forcefully occupied territories of Balochistan and Parts of Indian Jammu and Kashmir.

Only the Time Will Tell When Pakistan will be selling out its capital Islamabad to their new Chinese landlord!