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CPEC turnaround: how realistic is the goal?
- 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