A New Conspiracy against Pakistan China $60 billions CPEC Project
ISLAMABAD: A New Conspiracy against Pakistan China $60 billions CPEC Project has been revealed.
The Pakistan Economy Watch (PEW) cautioned government over China-Pakistan Economic Corridor (CPEC) after the US criticism
The US should understand that Pakistan cannot abandon this most important regional project which has potential to turnaround our troubled economy, it said.
The American opposition to the CPEC will not remain confined to statements and she would do everything to reverse it for which Pakistan and China must be prepared, said Dr. Murtaza Mughal, President PEW.
He said that the latest US statement against CPEC has come at a time when President Trump was claiming that his country and Pakistan had never been so close as now that exposes duplicity in policies.
Dr. Murtaza Mughal said that Pakistan can never ditch China to please the US as both countries have a long history of helping each other in difficult times while handing over Gwadar Port to the US is out of question.
He added that CPEC will benefit Pakistani economy while China’s international trade will be facilitated which will add to the global influence of Beijing which is not acceptable to the US.
For the same reason handle like FATF is being used against Pakistan as it is an open secret that most of the dirty money finds refuge in the US and UK but FATF will never raise any objection about it, he observed.
Most of the dollars received through the US in the shape of grants and loans find their way back to the US leaving Pakistan in debt but China has never resorted to such expliotation, he said, adding that Chinese support to infrastructure projects in Pakisan are visible to everyone.
Dr. Mughal said that west is worried about the Chinese economic model which has the capacity to replace the crumbling capitalism which has fanne aggravated poverty, frustration, and conflicts.