Cpec

Beijing asks bankrupt Pakistan to release dues for CPEC power firms

The Chinese embassy has asked Pakistan to release overdue payments to the tune of $1.5 bn to Chinese Independent Power Plants working under the mega $64 billion China-Pakistan Economic Corridor

China plays down protests against CPEC at Gwadar port in Pakistan

A wary China on Tuesday sought to downplay reports of mass protests against the CPEC projects at Pakistan's port city Gwadar, saying they are not targeted against the multi-billion dollar initiative, amid growing concerns here about the security of hundreds of Chinese personnel working in the neighbouring country. According to a report in the Pakistan-based Dawn newspaper on Monday, hundreds of children joined the ongoing protests in Gwadar which entered its 18th day on Sunday. The protesters are threatening to block the China-Pakistan Economic Corridor (CPEC) projects if their demands, which included banning illegal trawling in Gwadar, are not met within a week. These reports are untrue, Chinese Foreign Ministry spokesperson Mao Ning told a media briefing here. The organisers have said in public that the protests are not targeting the Chinese side or the CPEC," Mao said. The Dawn newspaper further reported that the protesting children reached Gwadar city from Turbat, Pasni and ot

Pakistan, China to extend CPEC to Afghanistan despite India's opposition

India has consistently opposed the USD 60 billion project, which links Pakistan's southern Gwadar port in Balochistan to China's western Xinjiang and passes through Pakistan-occupied Kashmir.

Shehbaz Sharif meets Xi Jinping in Beijing, discusses mutual cooperation

In a Facebook post on Wednesday, Sharif said that they also "agreed to increase multilateral cooperation between China and Pakistan, including CPEC, and further strengthen the strategic partnership".

Explained: Why Gilgit-Baltistan crucial for India? What is its history?

India's northward journey of development will be complete after reaching Gilgit and Baltistan, said Rajnath Singh. Let's know what the Gilgit-Baltistan issue is and how does it affect India

Pakistan, China to launch 3 new corridors besides CPEC, says report

Pakistan and China have decided to jointly launch three new projects in addition to the existing multi-billion-dollar China-Pakistan Economic Corridor (CPEC) as the all-weather allies seek to ramp up bilateral ties in various sectors, including agriculture, health and science and technology. Speaking at the China Economic Net (CEN) in Beijing, Pakistan's Ambassador to China Moinul Haq said the three new projects are China-Pakistan Green Corridor (CPGC), China-Pakistan Health Corridor (CPHC) and China-Pakistan Digital Corridor (CPDC), The New International newspaper reported on Saturday. The first will focus on agricultural environment, food security and green development and the second will help Pakistan get efficiency in the medical field, while the third will boost Pakistan's IT industry, it said. Ambassador Haque said Pakistan has a rich repertoire of talent and human resources in different fields of science and technology, asserting that IT-based science and technology has becom

Pakistan, China jointly agree to launch 3 new corridors besides CPEC

Pakistan and China have decided to launch three new corridors besides the China Pakistan Economic Corridor (CPEC)

No proposal for bilateral trade deal with Afghanistan: MoS Muraleedharan

He said, the govt has seen reports regarding the proposed extension of the so-called CPEC, and said any such actions by any party directly infringe on India's sovereignty and territorial integrity

India slams move by Pakistan, China to involve 3rd nations in CPEC projects

India slammed China and Pakistan for their efforts to encourage third countries to join projects relating to their multi-billion dollar connectivity corridor that passes through PoK

Pak, China welcome any 3rd nation joining CPEC for beneficial cooperation

Pakistan and China on Friday decided to welcome any third country joining the multi-billion dollar China-Pakistan Economic Corridor for mutual beneficial cooperation

IMF asks Pak to renegotiate CPEC energy deals before making payments: Rpt

As of now Pakistan has repeatedly been seeking international aid to support its failing economy

CPEC behind schedule, only 3 out of 15 projects completed: Report

The USD 60-billion China-Pakistan Economic Corridor (CPEC) is running behind schedule with only three out of its 15 projects completed, according to a media report on Sunday. Till date, Pakistan has completed only three CPEC projects in Gwadar worth USD 300 million, Express Tribune newspaper reported. A dozen projects worth upto USD 2 billion remain unfinished including water supply and electricity generation, the news article quoted the CPEC Authority. The ambitious CPEC is a 3,000-km long route of infrastructure projects connecting China's northwest Xinjiang Uyghur Autonomous Region and the Gwadar Port in the western Pakistan province of Balochistan. India has protested to China over the CPEC as it is being laid through Pakistan-occupied Kashmir (PoK). As per a progress review, the CPEC authority said all works relating to the socio-economic benefits in Gwadar were running behind schedule. The completed projects are USD 4 million Gwadar Smart Port City Master Plan, the Physical

China asks its firms in Pakistan to enhance security after suicide attack

The Pakistan Army has formed a separate brigade consisting of thousands of soldiers to guard the Chinese as both the BLA and the Tehreek-e-Taliban Pakistan (TTP) have carried out numerous attacks

Weed out root causes, save CPEC: China warns Pakistan after suicide bombing

China has been concerned about attacks which indicate that the militants' strategy was evolving as the attackers appeared ready to adopt "fidayeen" tactics

CPEC to advance under Shehbaz's watch: Pakistan senator

Pakistan Senator Mushahid Hussain Sayed has said that Prime Minister Shehbaz Sharif will take the China-Pakistan Economic Corridor (CPEC) forward with new vigour and vitality

China applauds Pakistan Prime Minister Shehbaz Sharif's remark on CPEC

China commended Pakistan Prime Minister Shehbaz Sharif's remarks on the construction of China-Pakistan Economic Corridor (CPEC), saying that Beijing was ready to work with Islamabad

Pakistan ready to scrap CPEC, if US offers similar assistance: Report

'Pakistani authorities who remain predisposed to the West have even offered to scrap or sideline the CPEC if Washington could offer similar financial assistance'

Pakistan, China to ink $10 bn-$15 bn pacts during Imran Khan's China visit

Pakistan's federal cabinet has also granted approval for signing of much-awaited industrial cooperation between the two countries under China-Pakistan Economic Corridor (CPEC)

Chinese firms linked to CPEC projects evade tax commitments in Bangladesh

China which is already suffering from a poor image in corporate ethics, has hit another blow as Chinese companies have violated the laws of the land in Bangladesh causing loss to the exchequer.Bangladesh authorities have found that a Chinese company China Road & Bridge Corporation (CRBC), a subsidiary of China Communications Construction Company (CCCC) engaged in the construction of road and bridges in Bangladesh is involved in tax evasion while importing construction material for government projects, according to Bangladesh Live News.Further, though China is a major fund provider to the South Asian countries such as Pakistan, Nepal, Bangladesh and Sri Lanka for infrastructure development, the business practices of its companies involved in implementing these projects have been put to scrutiny of late.Meanwhile, It is not the first time that Chinese companies have violated the laws of the land in Bangladesh causing loss to the exchequer.Earlier in December 2020, the National ...

CPEC provides opportunities for Pak to strengthen economy, says expert

The China-Pakistan Economic Corridor (CPEC) has been providing multifaceted opportunities for Pakistan to further enhance regional connectivity and the national economy, a Pakistani expert has said.