Uncertainty over Chinese-led development projects in Pakistan amid political instability, economic woes

Quick Summary:

Some businesses are unsure if the second phase of the China-Pakistan Economic Corridor will deliver on its promises, given the slow progress of projects in the initial phase.

Mr Siddiqi believes by becoming a production base for China, Pakistan can also transform into a technology hub in the future.“We can depend on China for this, and we see that in future they will also bring in more technology to Pakistan,” he said.

China has been pressuring Pakistan to do more to protect Chinese nationals and interests.

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Article Details

Category: EconomyBusiness

Markets: SingaporeChinaPakistan

Topics: Development Economic China Agriculture Second Projects “we Progress Phase Chinese Pakistan

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-28 @ 15:08:37 (4 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 804 words

Reading Time: 5 minutes read

Sentences: 29 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 22289898

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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Year Established: 1999

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News Last Updated: 16 hours ago

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