CPEC behind Pakistan debt burden: China responds over report

CPEC behind Pakistan debt burden: China responds over report
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BEIJING - China has responded over the report which has alleged the China Pakistan Economic Corridor projects as the main reason behind the Pakistan debt burden.

China on Tuesday denied media reports which blamed the China Pakistan Economic Corridor (CPEC) as a major reason behind the debt burden on Pakistan.

A spokesperson for the Chinese foreign ministry, Lu Kang quoted the recent statement made by the International Monetary Fund (IMF) which clearly stated that Pakistan’s debt burden was not caused by cooperation projects related to CPEC.

Responding to CPEC related questions at the weekly news briefing, he said that recently, around the construction of the CPEC project, they have noticed that some elements in the media have various comments and quoted different news.

In fact, he said, “If you can fully understand the attitude of the new Pakistani government on the construction of the China-Pakistan Economic Corridor, it should be noted that the Pakistani government led by Prime Minister Imran Khan has expressed his full support”.

OpEd