China asks Pak to create enabling conditions for investors in CPEC projects
China on Wednesday asked its all-weather ally Pakistan to create enabling conditions for thousands of Chinese nationals working on the USD 60 billion CPEC projects, apparently flagging concerns over security and the slow pace of construction.
The China-Pakistan Economic Corridor (CPEC) is the flagship project of China’s ambitious multi-billion-dollar Belt and Road Initiative (BRI) and it links China’s Xinjiang province with Pakistan’s Gwadar port in Balochistan province.
Media reports from Pakistan said Chinese investors were concerned over the slow pace of construction on the projects. On Monday, Pakistani officials hosted a meeting of Pakistan-based Chinese companies and briefed them about further investment opportunities in the country.
