Let’s not speculate. The government is very confident that something positive will come out of it. Also Pakistan-China relations are not the same as any other country, the ties entail much more which is of mutual interests beyond a few billion dollars which China already has plenty. There is already alignment of interests, so no arm twisting required in the first place.Chinese will simply say if you can't repay your past debts, take more loans, or hand over your national assets to us as they did with Sri Lanka.
A Times investigation into Sri Lanka’s handover of its Hambantota Port starkly illustrates how China turned an ally’s struggles to its strategic advantage.www.nytimes.com
Additionally, they are marketing CPEC as the pilot of the whole OBOR so they have to make such public announcements (can’t have bad publicity) and quietly discuss all the restructuring with the government.
The bad planning was done by previous government. Let’s not embarrass a friend who is willing to work with us to fix those issues even if though contractually they don’t have to.