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South Asia

Chinese investors growing frustrated with Pakistan’s CPEC delays | Source: Greek City Times

Although the China-Pakistan Economic Corridor (CPEC) is meant to be a cornerstone of Beijing’s “Belt and Road Initiative”, it is facing significant delays as the Pakistan government is unable to resolve impending matters. This threatens to make Chinese investors unwilling to pour billions more into Pakistan’s struggling economy. According to local media, most of the orders passed in an August Pak-China Steering Committee were not implemented.

Source: Greek City Times


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