Ufo propu engine, closed loop

[ltseung888]

Gwadar - The seaport in Pakistan as the link in the one belt one road.

Many in Pakistan want Gwadar to be developed like Shenzhen within 10 years - from a small 80,000 inhabitants to be a high tech and financial center with over many million citizens. Some plans are:
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1. Do the grand city development plan to cater for 10 million people. Plan for commercial, residential, entertainment, academic, government zones.

2. Plan on the infrastructure projects such as water, electricity, gas,  traffic, internet facilities.

3. Plan on high rise buildings using pre-fabricated technology - a thirty-floor building in a few days. This can be a model for the rest of Pakistan.

4. The human traffic system can be North-South on one level and East-West on another level. Integrate this with buildings. Heavy traffic can use the ground level.

5. Do the Mutual Credit with China. Use the Chinese currency to build needed infrastructures and material. Encourage Chinese Companies to invest locally in Gwadar and train Pakistanis with Pakistan currency.

6. Establish a Gwadar University focusing on commerce and financial services. Aim to develop insurance, stock market, commodities and other financial trading. Encourage the students to use Internet commerce and internet learning as much as possible. All courses from primary to university can have an Internet version.

7. Use the mobile phone as the default wallet. The smart phone serves as phone, learning instrument, wallet, identity card, super democracy voting card, link to government services etc. Gwadar will be the high tech show place of Pakistan.

8. Encourage International Banks, Franchises, Chains to establish bases. Raise money in the Hong Kong Stock Exchange? Use the remote control and monitoring mechanisms well.

9. Start the Forums for ideas. Consider relationship selling, public investors and subsidized housing for the qualified talents.

10. Think of Gwadar as the model for the important ports in the one belt one road initiative.

Comment:


It does not need to be Gwadar. Any City (old or new) can do the above.


Tseung, your most interesting post is that China can Forex Trade via its own Forex Exchange and save trillions of Foreign Currency Reserve.

[ltseung888]

7. Use the mobile phone as the default wallet. The smart phone serves as phone, learning instrument, wallet, identity card, super democracy voting card, link to government services etc. Gwadar will be the high tech show place of Pakistan.


Tseung, China is actually very backward in moving along the ground or ocean. The fastest transport is via air. That is why USA is not interested in the one-belt-one-road initiative.

In reality, there is no need to travel all the time. Communication via the Internet is cheap, efficient and convenient. It also saves energy. USA controls the air transport and the Internet industries. Why should it waste its time on the not very Meaningful Economic Activity of Land Transport?

[ltseung888]

Comment:

It does not need to be Gwadar. Any City (old or new) can do the above.

Tseung, your most interesting post is that China can Forex Trade via its own Forex Exchange and save trillions of Foreign Currency Reserve.

If China can Forex Trade via its own Forex Exchange, how about USA? USA, UK, Australia, Canada, Singapore, Japan etc. have been doing that for decades. USA can effectively determine the exchange rate of the dollar.


It looks like a new order or a new set of rules will be introduced in the Foreign Currency Exchange field.

[ltseung888]

7. Use the mobile phone as the default wallet. The smart phone serves as phone, learning instrument, wallet, identity card, super democracy voting card, link to government services etc. Gwadar will be the high tech show place of Pakistan.


Tseung, China is actually very backward in moving along the ground or ocean. The fastest transport is via air. That is why USA is not interested in the one-belt-one-road initiative.

In reality, there is no need to travel all the time. Communication via the Internet is cheap, efficient and convenient. It also saves energy. USA controls the air transport and the Internet industries. Why should it waste its time on the not very Meaningful Economic Activity of Land Transport?

The C919 China built commercial aircraft that can carry 190 passengers had a successful test flight yesterday. The expected order within China in the next 20 years is close to 6,000. Confirmed orders is 570 in the first batch. The plane is expected to commerce commercial flight in 2020 (best estimate). Many of the components are purchased internationally. As expected, China plans to have close to 100% China-made parts within a short time.

The joint development plane C929 with Russia is a much bigger version.

When Capital is not a problem (print thin-air money), the remaining problem of technology, safety, market etc. are relatively easy to solve. If the development of civil aircrafts contributes much to GDP, China will progress with the China Speed. The high speed rail industry started in China in 2007. Within 10 years, China has more high speed trains than the rest of the World combined. What is likely to happen to the Chinese aircraft industry in 2030?

[ltseung888]

In the one-belt-one-road or the Asia infrastructure Investment Bank AIIB, one of the big problem is the many currencies. Can the Developing Nations peg their currencies to RMB? Let China fix the RMB exchange rate via its Forex Exchange?

This essentially pushes RMB to be the Settlement and Reserve Currency.

Some Nation must issue the thin-air capital to support the many projects. The logical choice is China as it is the proposer and the richest Nation in the one-belt-one-road initiative.