CPEC projects News
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Clouds of crisis seem to be hovering over Pakistan-China's ambitious CPEC project. Pakistan does not see help from China for this project, Pakistan is facing serious challenges, which is a major obstacle in the development of the country's power sector.
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Being put on the terrorism financing watchlist would lead to a drying up of foreign financing, which could push Islamabad further into China's embrace, which is already raising suspicions in Pakistan.
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High-ranking Pakistani official acknowledges that there is fear among Western investors that China could be given preferential treatment.
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The rising number of Chinese security personnel in Pakistan is a cause for concern.
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The Balochistan Government plans to spend over a quarter of its Rs.325.238 billion budget for year 2017-18 on the development of social and economic infrastructure linked to the China-Pakistan Economic Corridor (CPEC).
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Pakistan and China have agreed to jointly oversee the China Pakistan Economic Corridor ( CPEC) and ensure transparency in the project as an agreement in this regard was signed between the National Accountability Bureau (NAB) and Beijing.
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