The Pakistan ministers requested an eight-year extension for repaying energy debt, converting US dollar-based interest payments to Chinese currency, and reducing overall interest rates for both CPEC and non-CPEC Chinese-funded projects,
China's external lending and even private corporation's activities abroad are dictated by political considerations. Its foreign investment has become a tool for buying geopolitical influence with a detrimental impact on the targeted country's fragile democratic machinery as well as the local
According to the report, a common feature of Chinese-funded projects is their failure to engage local stakeholders, civil society organisations, and communities to inform, consult, solicit input, or address their grievances.
Gilgit Baltistan [PoK], August 1 (ANI): A protest was organized against the biased policies of the Chinese Dam administration and Pakistan-Occupied Gilgit Baltistan government as locals were being ignored for jobs related to Diamer-Bhasha dam construction projects, media reports said.