{"id":295529,"date":"2019-10-09T12:20:46","date_gmt":"2019-10-09T06:50:46","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=295529"},"modified":"2019-10-09T12:20:46","modified_gmt":"2019-10-09T06:50:46","slug":"pakistan-slows-down-cpec-to-keep-us-happy","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pakistan-slows-down-cpec-to-keep-us-happy\/","title":{"rendered":"Pakistan slows down CPEC to keep US happy"},"content":{"rendered":"<p>New Delhi: Islamabad has slowed down on the China-Pakistan Economic Corridor (CPEC) \u2013 a crown jewel in the Belt and Road Initiative (BRI) \u2013 amid dire financial crisis and being stuck between respective priorities of Washington and Beijing.<\/p>\n<p>ET has learnt that many Phase I projects of CPEC, including expansion to the Gwadar port, power plants and road construction, are running behind schedule. The deadline for these projects was set for 2018. There has been limited progress in CPEC Phase II projects like setting up of special economic zones and industrial estates, which are to be completed by 2020.<\/p>\n<p>While Chinese investments in CPEC have fuelled Pakistan\u2019s current account deficit and external debt, the US wants it to go slow on CPEC as a condition to secure financial support, ET has learnt.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: Islamabad has slowed down on the China-Pakistan Economic Corridor (CPEC) \u2013 a crown jewel in the Belt and Road Initiative (BRI) \u2013 amid dire financial crisis and being stuck between respective priorities of Washington and Beijing. ET has learnt that many Phase I projects of CPEC, including expansion to the Gwadar port, power plants and road construction, are running behind schedule. The deadline for these projects was set for 2018. There has been limited progress in CPEC Phase II projects like setting up of special economic zones and industrial estates, which are to be completed by 2020. While [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,193,136],"tags":[],"class_list":["post-295529","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=295529"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295529\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=295529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=295529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=295529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}