Tags : China Pakistan Economic Corridor

China stops funds for China-Pak economic corridor over corruption

BW News Webdesk: China has decided to temporarily stop funding of at least three major road projects in Pakistan, being built as part of the $50 billion China-Pakistan Economic Corridor or CPEC, following reports of corruption, a decision that has left officials in Islamabad “stunned”, a media report said today. The decision by the Chinese […]Read More

Balochistan: The biggest hindrance to China’s CPEC ambitions

ANI  |  Brussels [Belgium] Recent kidnappings, drive-by shootings and bomb attacks in Balochistan and in other parts of Pakistan have led a concerned China into believing that it might have to pay a high price for prioritizing the development of the Gwadar deep-sea port, located 300 miles west of Karachi, as part of its ambitious desire to gain commercial and naval influence […]Read More