china

China rejects propaganda about CPEC debts

Tamseela Akhtar

Sep 1, 2024 — 1 min read

A Chinese Foreign Ministry spokesperson rejected a misleading report claiming Pakistan is in a deep economic crisis due to debt owed to China, clarifying that debt from CPEC projects forms a small portion of Pakistan’s total debt. The spokesperson emphasized that CPEC is a transformational project contributing positively to Pakistan’s development, enjoying broad support within the country. They also noted that the debt from China has longer maturity periods with low interest rates, countering the inaccurate claims made in the report.

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Human trafficking: FIA starts airport monitoring of passengers from 9 districts

40% decrease in rainfall pushes Pakistan towards drought conditions

Taliban refuse Trump’s demand to return US weapons

Pakistan, China celebrate Spring Festival on Year of Wood Snake