Pakistan Wrestles With Growing ‘Chinese Corridor’ Debt

Two international lending institutions and Pakistan’s central bank have raised concerns about the debt burden of a huge China-led infrastructure program on the country’s improving but fragile finances. Surging Chinese imports for the initiative, known as the China-Pakistan Economic Corridor program, have complicated Pakistan’s balance of payments problems during its second year of economic recovery following a decade of conflict with Taliban insurgents and their al-Qaeda allies.

Read Here – Nikkei Asian Review

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