CPEC loans less than one-tenth of Pak’s total debt: China responds to US

Refuting the US’ assertions on the multi-billion-dollar China-Pakistan Economic Corridor (CPEC), China has claimed the debt incurred from the project stands at $4.9 billion, which is less than one-tenth of Pakistan’s total debt.

Beijing said it will continue to work with Pakistan for progress of the project.

Chinese Foreign Ministry spokesperson Geng Shuang said, “On US’ accusations on CPEC, China and Pakistan refuted it time and again. Some in the US still use the same old script and do the same old plots. They don’t stop though the show has become a complete disaster, and don’t get off the stage even when booed by the audience.”