{"id":533826,"date":"2022-11-03T09:52:58","date_gmt":"2022-11-03T04:22:58","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=533826"},"modified":"2022-11-03T11:01:33","modified_gmt":"2022-11-03T05:31:33","slug":"chinas-xi-pak-pm-sharif-agree-to-launch-10-bn-railroad-project","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/chinas-xi-pak-pm-sharif-agree-to-launch-10-bn-railroad-project\/","title":{"rendered":"China&#8217;s Xi, Pak PM Sharif agree to launch $10-bn railroad project"},"content":{"rendered":"<p>Chinese President Xi Jinping and Pakistani Prime Minister Shehbaz Sharif agreed in a meeting in Beijing to launch a high-speed rail project that could cost $9.85 billion, a move that comes as the world\u2019s No. 2 economy moves to slow some of its lending due to growth concerns. <\/p>\n<p>The two nations agreed to get started on the Main Line-1, according to a statement from Sharif\u2019s office, which described it as \u201ca project of strategic importance.\u201d China will continue to support Pakistan as it tries to stabilise its financial situation, state media quoted President Xi Jinping. <\/p>\n<p>Pakistan had been struggling with a balance of payments crisis even before devastating floods hit the country this summer, causing it an estimated $30 billion or more in losses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chinese President Xi Jinping and Pakistani Prime Minister Shehbaz Sharif agreed in a meeting in Beijing to launch a high-speed rail project that could cost $9.85 billion, a move that comes as the world\u2019s No. 2 economy moves to slow some of its lending due to growth concerns. The two nations agreed to get started on the Main Line-1, according to a statement from Sharif\u2019s office, which described it as \u201ca project of strategic importance.\u201d China will continue to support Pakistan as it tries to stabilise its financial situation, state media quoted President Xi Jinping. Pakistan had been struggling with [&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":[135,130,256],"tags":[],"class_list":["post-533826","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-railways-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/533826","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=533826"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/533826\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=533826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=533826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=533826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}