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Terror attacks dampen Chinese interest in key corridor project with Pakistan
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Pakistan is mired in a debt crisis, with Mr Shehbaz Sharif’s government expected to seek at least US$6 billion under a new IMF programme.
PHOTO: REUTERS
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BEIJING - On June 5 in Beijing, Chinese President Xi Jinping told Pakistan Prime Minister Shehbaz Sharif that he was willing to work together on an “upgraded version” of the China-Pakistan Economic Corridor (CPEC).
But beyond the rhetoric, a growing number of terrorist attacks against Chinese interests in recent years have dampened Beijing’s enthusiasm for the CPEC, which has faced serious delays because of Pakistan’s political instability and economic distress, analysts said.
