National
May 25, 2021
Islamabad: Initiation of the China-Pakistan Economic Corridor (CPEC) at an economically challenging time for Pakistan is a Chinese vote of confidence to Pakistan, said Senator Mushahid Hussain Sayed, chairperson, Senate Foreign Relations Committee.
Senator Syed was speaking at a webinar commemorating 70 years of Pak-China friendship organised here by Institute of Regional Studies (IRS). The senator opined that CPEC had already proven to be a success story. He said that Pak-China relations were built on a strong foundation of trust and complementarity of interests.
Commenting on the Sino-US relations, he said that US policy towards China had become more strident despite the change of government in Washington. He specifically referred to the proposed Strategic Competition Bill, which, if passed by the US Congress, would appropriate $300 million annually to counter Chinese global influence. He termed it as “a recipe for a new cold war.”