Back to Search Start Over

CPEC turnaround: how realistic is the goal?

Authors :
Ali, Farhat
Source :
Energy Update; Apr2024, p1-68, 68p
Publication Year :
2024

Abstract

President Xi Jinping of China has emphasized the need for China and Pakistan to strengthen their friendship and cooperation, particularly in relation to the China-Pakistan Economic Corridor (CPEC). The federal planning minister for planning and development in Pakistan, Ahsan Iqbal, has expressed readiness to start five new corridors with China under the CPEC. However, the realities on the ground suggest that turning this vision into a reality may be challenging, as Pakistan faces significant debt and the power projects of the CPEC have accumulated outstanding dues. China has raised concerns about the debt and the sustainability of Pakistan's overall public debt. [Extracted from the article]

Details

Language :
English
ISSN :
23096578
Database :
Complementary Index
Journal :
Energy Update
Publication Type :
Periodical
Accession number :
176408974