09 Aug '18, 11am

China rejects Pakistan’s debt risk affects CPEC. https://t.co/FwL6HRdZ4P

China rejects Pakistan’s debt risk affects CPEC Listen BEIJING: China has rejected the reports that Pakistan’s foreign exchanges reserves are in short and would affect China-Pakistan Economic Corridor, which is the flagship project of Belt and Road Initiative proposed by Chinese President Xi Jinping in 2013. Chinese Foreign Ministry spokesperson Hua Chunying said on Wednesday, The Western media reports that Pakistan's foreign exchange reserves are in short supply or affect the infrastructure projects of the China-Pakistan Economic Corridor, the report is seriously inaccurate. She was responding the question that some Western media quoted Pakistani officials as saying that the current debt risk of Pakistan has surged, and foreign exchange reserves are in short supply. It is hoped that China will continue to provide loans to the Pakistani side. Otherwise, the Pakistani side ...

Full article: https://defence.pk/pdf/threads/china-rejects-pakistans-de...

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