China may not fund USD 60 billion BRI project as Pakistan's burgeoning debt rises
Beijing is backing away from Pakistan`s USD 60 billion commitment to the global Belt and Road Initiative. The CPEC's future is not only clouded by China`s apparent new, more conservative lending policy but also Pakistan`s overborrowing, which is fast driving the country toward a debt crisis.
Dec 25, 2020, 11:42 AM IST
Pakistan, China gear up to tackle latest threat to CPEC in Gwadar port
Experts have raised an alarm over the safety of the multi-billion China-Pakistan Economic Corridor project in Gwadar port off the coast in Pakistan.
Feb 11, 2018, 15:03 PM IST
