What's new

China rejects Pakistan’s debt risk affects CPEC

here is the reason:

Officials in Islamabad have warned their Chinese counterparts that if the lending dries up, it could threaten the future of the China-Pakistan Economic Corridor, the cornerstone of President Xi Jinping’s Belt and Road Initiative.

They say that if Pakistan is forced to approach the IMF instead, it may have to disclose details of how the scheme is being funded, and even cancel some of the infrastructure projects already planned.
https://www.ft.com/content/1256ceaa-802c-11e8-bc55-50daf11b720d
 
I dont think CPEC need so many USD.
 
China should ask Indian members on this forum, they all seem to be expert in every affair of the world esp Pakistan related.
 
Back
Top Bottom