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CPEC’s Chinese workers in Pakistan may be targeted by terrorists, China embassy warns

Thousands of Chinese workers have gone to Pakistan following Beijing`s pledge to spend $57 billion there on projects in “Belt and Road” development plan. BEIJING: China on Friday warned its nationals in Pakistan of plans for a series of imminent “terrorist attacks” on Chinese targets there, an unusual alert as …

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Sheer size of CPEC portfolio appals IMF

ISLAMABAD:  As the overall size of the China-Pakistan Economic Corridor (CPEC) projects grows to $60 billion, the International Monetary Fund (IMF) cautioned Pakistan on Wednesday to be mindful about the adverse implications of repayments of loans and profit repatriations to China. The IMF expressed these concerns during their meetings with …

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China Halts CPEC Road Projects’ Funding, Pak ‘Stunned’: Report

China has decided to temporarily stop funding at least three major road projects in Pakistan, being built as part of the $50 billion China-Pakistan Economic Corridor (CPEC), following reports of corruption, a decision that has left officials in Islamabad “stunned”, a media report said on Tuesday, 5 December. The decision …

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Responding to the China-Pakistan Economic Corridor challenge

Given the challenges that China-Pakistan Economic Corridor is facing, India will need to do much more to provide an effective counter-narrative The China-Pakistan Economic Corridor (CPEC) has been attracting a lot of attention lately and for all the wrong reasons. Pakistan has reportedly rejected China’s offer of assistance for the …

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China to get 91pc Gwadar income, minister tells Senate

ISLAMABAD: The Senate was told on Friday that 91 per cent of the revenues to be generated from the Gwadar port as part of the China-Pakistan Econo­mic Corridor (CPEC) would go to China, while the Gwadar Port Authority would get 9pc share in the income for the next 40 years. …

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Reservations regarding CPEC echo in Senate

Senators on Friday presented a motion in the Upper House expressing concerns that Pakistan appears to be getting the short end of the stick in Free-Trade Agreements (FTA) struck up with Beijing as part of the China-Pakistan Economic Corridor (CPEC) project. Senator Mian Atiq presented a motion in this regard, …

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Pakistan refuses to allow free use of Chinese yuan in Gwadar for CPEC projects

The report says Pakistan has refused to allow free use of the Chinese yuan in any part of Pakistan or exchangeable like dollar as it has to be on a reciprocal basis Islamabad: Pakistan has refused to allow free use of the Chinese yuan on the lines of the US …

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What does the next phase of CPEC look like?

Almost all provincial, regional govts have submitted feasibility studies, except Balochistan. WHAT CAN WE EXPECT FROM THE JCC? By: Khaleeq Kiani The two-day Joint Cooperation Committee (JCC) meeting of the China-Pakistan Economic Corridor (CPEC) sets the stage for the second phase of the multibillion-dollar cooperation between the two nations. It …

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Not aware of Pakistan’s move to exclude PoK dam from CPEC: China

BEIJING: Amid reports of Pakistan’s move to withdraw its bid to include Diamer-Bhasha Dam in PoK from the CPECBSE -4.45 % framework, China today said it was not aware of Islamabad’s decision but the project to connect Xinjiang and Gwadar port is “progressing smoothly for the time being.” Pakistan’s Water …

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Three economic zones set to take off under CPEC

ISLAMABAD:  Three prioritised Special Economic Zones of the China-Pakistan Economic Corridor (CPEC) are set to take off, as Beijing has agreed to cooperate in the development of Faisalabad, Hattar and Dhabeji industrial areas. China conveyed its willingness to promote these zones during the second meeting of the Joint Working Group …

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