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Widening fissures - Newspaper


Pakistan, striving to maintain the growth momentum, suffered a setback last week when China stepped away from the virtual 10th Joint Cooperation Committee (JCC) meeting at the eleventh hour. The JCC meeting was projected to accelerate the China-Pakistan Economic Corridor (CPEC) and boost industrialisation.
Reacting sharply to the terrorist attack targeting Chinese nationals engaged at the 4,320-megawatt Dasu hydropower project in Khyber-Pakhtunkhwa, China pulled out of the JCC meeting. Pakistan and China were expected to sign a framework agreement for industrial cooperation, cementing the earlier signed memorandum of understanding (MOU). Besides exchanging notes on the issues of mutual interest, they intended to decide on a host of pending matters related to project implementation under CPEC. The high-powered meeting was to be jointly headed by Asad Umar, minister for planning and development, and He Lifeng, chairman of the National Development and Reform Commission of China. ....

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