CPEC to revive Pakistan's economic growth: Global Times
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BEIJING - China's leading newspaper Global Times says Pakistan can achieve economic revival as China Pakistan Economic Corridor will boost exports and slash its trade deficit with China.
An article carried by the daily today says China will likely be willing to offer more assistance to help its strategic partner Pakistan and improve its economic condition.
It says both the countries will move ahead with the China-Pakistan Economic Corridor, which has become a driving force for Pakistan’s economic growth.
The article says Pakistan’s GDP grew by 5.3 percent in fiscal 2017, which is the fastest pace in a decade.
The article says Pakistan's investment-driven growth can be transformed into internal momentum for economic expansion through CPEC.