China reviews Pakistan projects amid payment delays, security risks: Report

BEIJING, Oct 21: China is reassessing its participation in the China-Pakistan Economic Corridor (CPEC) due to delayed loan repayments and mounting security threats to Chinese nationals in Pakistan, a report has revealed. During Prime Minister Shehbaz Sharif’s visit to Beijing in September, both countries launched “CPEC 2.0,” shifting focus from large-scale infrastructure projects to sectors like agriculture, solar energy, electric vehicles, health, and steel. Originally valued at $62 billion, CPEC aimed to connect China’s Xinjiang with Pakistan’s Gwadar Port through roads, railways, and energy projects. However, major initiatives like the $6…