A number of Chinese-backed projects in Bangladesh have been performing below par, and have raised concerns among experts, in wake of the situation in Sri Lanka and Pakistan, whose economies have crippled under the burden on Beijing’s debt, Bangladesh-based Daily Asian Age reported.
Xi said, "This has added new impetus to the economic and social development of Pakistan and laid a good foundation for regional connectivity and integration. It is a vivid testament to the all-weather friendship between China and Pakistan and provides an important underpinning for building a
Pakistan's economic blindspot continues to be the fact that no amount of IMF bailouts or foreign bailouts will be enough to keep the economy afloat without the nation undertaking a comprehensive structural makeover.
Vice premier of China, He Lifeng, arrived in Pakistan on Sunday for a three-day visit, where he will take part in a ceremony to commemorate the China Pakistan Economic Corridor (CPEC) project's tenth anniversary, Dawn reported.
This key geopolitical issue has been given added prominence, noted TDF President Lord Bruce, by the recent ASEAN conference in Indonesia, during which Indonesian foreign minister Retno Marsudi highlighted the systemic difficulties undermining trust between member states and the ‘sharpening r
This is a major relief to Pakistan government which is in the process of rebuilding foreign exchange reserves through fresh loans and rolling over maturing debt.
The growing terrorist risk to Chinese citizens residing in Pakistan and differences over debt repayments have hindered the progress in the Belt and Road Initiative's projects of Islamabad and Beijing.
The frequent attacks on the coal trucks in the Balochistan region is affecting Pakistan's economy and also possesses a risk towards China Pakistan Economic Corridor (CPEC), Asian Lite reported.
They raised concern over the gross human rights violations committed by Pakistan against Baloch, Sindhi and the Pashtuns, and against the Uyghur Muslims by China.