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WorldPosted at: Oct 23 2018 1:57PM


Why blame CPEC for Pakistan’s economic woes?: asks China

Beijing, Oct 23 (UNI) Coming in defense of China Pakistan Economic Corridor (CPEC), China has said that all-important international connectivity project is not to be blamed for the ongoing economic crisis in Islamabad.
“Loan repayments for the CPEC projects will start in the financial year 2023-24 when economic growth rate of Pakistan will be much higher than present and then country will be in a better position to bear the financial liabilities,” Prof Sun Hongqi , as quoted by Dawn, said on Monday.
Prof Sun - who is adviser to the President on Pakistan Affairs - sought to negate the impression being spread by anti-CPEC campaigners that only Beijing will benefit from the regional connectivity projects.
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