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CPEC unfulfilled promises force Pakistan to seek new investment partners

THE STANDARD BLOG Having been formed in 2015 to transform Pakistan s economy by modernising its road, rail, air, and energy transportation systems and to connect the deep-sea Pakistani ports of Gwadar and Karachi to China s Xinjiang province and beyond by overland routes, the China-Pakistan Economic Corridor (CPEC) has achieved very little and instead has left Pakistan in precarious situation economically. Recent reports including the World Bank and Institute for Policy Reforms have painted a grim picture of a struggling economy with very little to show in terms of infrastructure with the Lahore-based think tank institute maintaining Pakistan could be slipping into a debt trap, raising national security concerns.

How can Pakistan resolve its power sector woes?

Another Indian disinformation campaign against CPEC busted

Another Indian disinformation campaign against CPEC busted By Hina Haroon The Kite Flying in Indian Journalism is the rule of the day nowadays and India has become the top country popular for fake news, disinformation campaigns, and embedding of journalistic cadre with its intelligence networking to malign China Pakistan Economic Corridor (CPEC).    CPEC on Indian Target Board The Economic Times is an Indian English-language business-focused daily newspaper owned by “The Times Group”. The Economic Times (ET) began publication in 1961 and had been considered as a reliable source of the Indian economy and business in the past. In one of its recent stories at its paid content site, it claimed that it got hold of a 278-page report, which lists malpractices to the tune of $625 million in the independent power generating sector of Pakistan related to the China Pakistan Economic Corridor (CPEC).

cpec: Pak internal report alleges China may have made huge profits from CPEC at cost of locals

Synopsis The reality investments in the CPEC has been revealed in a 278-page report, which lists malpractices to the tune of $625 million in the independent power generating sector. Reuters There are allegations that pay offs were made by China to the top military leadership in Pakistan, including, the current head of the CPEC Authority Lt. Gen. (Retd.) Asim Saleem Bajwa. New Delhi: An internal report submitted recently to Pakistan’s Prime Minister Imran Khan has made sensational allegation that China may made huge profits at the cost of its all-weather ally from The reality investments in the China Pakistan Economic Corridor (CPEC) has been revealed in a 278-page report titled “Committee for Power Sector Audit, Circular Debt Reservation, and Future Road Map” which lists malpractices to the tune of $ 625 million in the independent power generating sector, with at least a third of it relating to Chinese projects, ET has learnt.

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