Posted inChina, Pakistan, South Asia

CPEC could be an expensive albatross around Pakistani necks

Will the China-Pakistan-Economic Corridor (CPEC) benefit both countries, or only China? A number of aspects of the project are only beginning to attract scrutiny, and some of them indicate Pakistan may not benefit at all.  A note of caution was registered recently by the International Monetary Fund. The organization observed in a report that CPEC projects are expected to generate balance of payment […]