Times of Islamabad

Chinese Embassy in Pakistan strongly react over US top diplomat remarks against CPEC

Chinese Embassy in Pakistan strongly react over US top diplomat remarks against CPEC

BEIJING: Chinese Embassy in Pakistan strongly react over US top diplomatremarks against CPEC.

The Chinese embassy in Pakistan on Thursday said it is “firmly opposed” towhat it described as “irresponsible remarks” made by outgoing US StateDepartment official, Alice G. Wells with reference to Sino-Pak relationsand the China Pakistan Economic Corridor (CPEC).

The speech by Wells — who exited from her job as the principal deputyassistant secretary of state for South and Central Asian Affairs at theDepartment of State — “is totally baseless, just a repetition of her sameold tune”, the embassy said in a statement.

A day earlier, Wells had asked China to either wave off or renegotiate the”unsustainable and unfair” debt owed by Pakistan and raised questions overthe multi-billion-dollar CPEC project.

“I enumerated my concerns and the United States government’s concerns overCPEC, over the lack of transparency involved in the project, over theunfair rates of profits that are guaranteed to Chinese state organisationsto the distortions it caused in the Pakistani economy including by themassive imbalance in the trade Pakistan now has with China,” she hadreportedly said.

China, in turn, reiterated the “all-weather friendship” with Pakistan in astatement.

“For the past 69 years, we have established and consolidated an all-weatherfriendship. We respect each other and support each other. We cooperate forcommon prosperity. We work together to promote regional peace andstability,” the statement by the Chinese embassy read.