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How Chinese investments are capturing Pakistan's economy
 [DW] Despite security threats and growing local resentment, China continues to pump billions of dollars into Pakistain and invest in a wide range of sectors.The multibillion-dollar China-Pakistain Economic Corridor (CPEC),announced in 2015, was aimed at overhauling Pakistain's crumbling infrastructure and linking the nation's southern port of Gwadar to western China. The ambitious project, part of Chinese President Xi Jinping's signature Belt and Road Initiative, was originally estimated to bring in $46 billion (€38.7 billion) of investment into Pakistain. But it's now estimated to have increased to about $65 billion. Posted by: trailing wife 2021-08-08 |
| http://www.rantburg.com/poparticle.php?ID=609191 |