The relation of China and Pakistan are based on “win-win cooperation” and mutually beneficial for both the nations, Chinese envoy to Pakistan Yao Jing said on Friday.
Yao’s statement came as the US on Thursday warned Islamabad against China’s ambitious China Pakistan Economic Corridor (CPEC) project, claiming it is going to take a toll on Pakistan’s economy.
The China-Pakistan Economic Corridor (CPEC) is a planned network of roads, railways and energy projects linking China’s resource-rich Xinjiang Uyghur Autonomous Region with Pakistan’s strategic Gwadar Port on the Arabian Sea.
The CPEC was launched in 2015 when President Xi Jinping visited Pakistan and it now envisages investment of over USD 60 billion in different projects of development in Pakistan.
