Posted inPakistan

China-indebted Pakistan looking down a deep, dark hole

MUMBAI – Last month, China and Pakistan celebrated the tenth anniversary of the US$64 billion China-Pakistan Economic Corridor with bonhomie and backslapping. But a warning from Syed Tariq Fatemi, special assistant to Pakistan’s prime minister Shehbaz Sharif, belied the joviality. “Overdue payments to the Chinese IPPs [the independent power plants built and operated by China […]

%d bloggers like this: