Chad sacks two ministers over China refinery row

I read this news report thrice & as usual it's full of sh/ts as it never covered the whole story.
For the start, there's no way you can build a 20,000bpd refinery at $750K. Even in cheap labor cost countries like China or Chad and even if the Chinese are known to cut corners, the estimated cost of building one is about $1,000 - $5,000 per (barrel per stream day capacity), depending on the capacity of the refinery, thus easily costing around $20M not $750K...!!!

Meanwhile bear in mind many of these developing & 3rd world countries own every mineral assets in their countries. So when you invest & set up a refinery there, you still have to buy the oil from them and they will to dictate all the whys and wherefores of selling your refined products. They can allow you to set up the refinery but they can agree not to sell oil to you at the subsidised price. Though you can always buy at market price & export your products, there might come the time the local government in charge would want to deregulate & force you to sell locally at subsidized prices which are commonly practised in the flip-flop policies of these developing & 3rd world countries. And which if you have not set up the terms & conditions properly with the host country, there is no way you can cover the cost of refining & thus forcing you to shut down your refinery.

Heads will roll.

As I understand the issues:

China built the refinery with mosly its own money. Chad sets the price of the product (gasoline) so low it doesn't cover operational cost and expect China to put up money forever so Chat can have cheap oil at China's expense. China protested. Chad ordered Chinese manager to leave the country.

Now they realizef they made a big mistake. Some heads rolled. They try to get China back.

Routers need to hire someone who actually finished high school to write articles. As always, they use someone with middle school education to write anything related to China.

I would like to advise poster S who commented earlier that Reuters should hire high school graduate to write news pieces that relate to China. Actually it is not as what you said that they use unqualified reporters that result in incomplete news coverage. It is the severely slanted Western media that always deliberately twist and misrepresent any news related to China. All these greatly biased reporters have a common goal that is to make every facet of China look bad.

A few days ago I criticized AP and AFP for intentionally leaving out key information about Tibetan riots in Luhuo and Seda counties in Sichuan Province, China. They only reported that Chinese police fired guns at the rioters, which was the consequence, but they never touched on the cause. These SOB reporters trampled their rules of journalism and professionalism under their feet like trash. What is more, in doing so they also trampled on justice. It is a great shame on these SOB’s.

After I read reports from BBC and other sources, it turned out that these Tibetan rioters surrounded and attacked government offices and a police station with gasoline bottles, knives and stones. After efforts of persuasion and using normal police defense gears failed to disperse the rioters, the police were forced to fire guns as the last resort for self-defense. In the scuffle, 14 police officers were injured and 13 people were arrested.

If all righteous commentators have the passion to point out these unethical, unfair, and subjective reports, maybe these biased Western reporters will be more scrupulous.

These third world nations are going to love dealing with the Chinese, nothing is free, certainly not when you deal with them.

China is Chad's new Master.

It is expensive because of corruption , they are asking for protection money. Very simple.

Americans come to milk the cow...
The Chinese want beef.

So many jews on this post. Why?

Lets hope CHINA gets everything it deserves and more including the terrorists. Then I can sit back and laugh my butt off...

Human beings sometimes are weak and take advantages of the others in the short run. But a good businessman consider things in the longer term for a win win situation. Apparently taking advantage of a competitive offer from China is not in the advantage of Chad.

What? Something is missing here as the numbers don't add up. Commie China is notoriously known for cheap, crappy, cutting corner, bypassing safety + R&D by stealing someone else's technologies/designs to turn around and claim as China's own inventions to sell at a fraction of the rightfully owners' pricing (includes material cost, research & development, overheads, ...).

China then undercuts others with slavery labors and government's subsidies to compensate state-owned firms that sell cheap with the aim to grab market shares by all means. In the end, when competitors can't compete because of China's cheats and dumping practices, these non-Chinese companies then exit to cut losses. That's when Chinese companies jack up the prices to hold enduse customers hostages and these customers can't do much since Chinese companies monopolize the markets.

In this case China complains that the other guy Chad is cheap? The world must be upside down or something like that to result in the role reversal.

It's an easy solution for China: bribe the Chad's president and everything will be OK. China and Chinese firms have used this soft power/scheme very successfully to have footprints (but polluted and unsafe) allover the world.

Case in point: China's puppet Robert Mugabe that lets Chinese firms roam freely with an army of Chinese workers in his people's country while his people don't have jobs. China only pays minimal (plus bribes) for natural resources to gain maximal controls.

Read an outstanding book "Death by China" and you will be shocked of China's cheats and other disgusted acts. Or just internet search Death by China to know of book reviews and comments by readers before buying.

"CNPC owns 60 percent of the refinery, which cost roughly $750,000 to build"????

Do they check anything at all in these articles?

Obviously the two ministers were asking for Bribes that were even beyond what China was willing to pay.

Cheap things buy twice!
Everything made in China is shit
Remember that

Everything built in China by the West for the West is shit.

A China-Chad joint venture - that was sure doomed to failure!

Unlike the Western "Corporation" like the ones in Canada for example, they would Suck the blood of the nation as match as they can create a mess, make Billions and then pack and leave.

China once again comes to the aid of an African country long trodden under by white colonists!!!!
Consider what China has done for Chad:
1. build and pay 3/4 of the cost of building a refinery to process local oil for sale to the Chaddans
2. many infrastructures including an airport and a railway. A gift to the local people. Who can be so generous? not the American, not the British!!!!
All done without any interference to the Chaddan government and political system.

Dear President Idriss Deby, Kick the communist chinese out of your country. They will destroy it, wipe out your resources, kill the environment / wildlife . then demand replayment for all the 'infrastructure' improvements they made *using communist chinese workers. Finally, read Death By China.