1. Chinese businessmen thrashed in Pakistan over sour business deal

Chinese businessmen thrashed in Pakistan over sour business deal

A Chinese investor has sought police help in Pakistan claiming that he and another businessman were thrashed by his Pakistani business partner over a sour hotel deal here.

By: | Islamabad | Published: June 6, 2017 8:45 PM
Chinese investor, China-Pakistan Economic Corridor, CPEC project, Gwadar, Chinese businessmen thrashed, Ishtiaq Ali thrashed, Liu Xiao Long, interior ministry, China's Xinjiang Chinese are coming in big numbers to Pakistan to reap the benefit of business opportunities offered by billion China-Pakistan Economic Corridor.(Representative image: Reuters)

A Chinese investor has sought police help in Pakistan claiming that he and another businessman were thrashed by his Pakistani business partner over a sour hotel deal here. Liu Xiao Long, in his application to the interior ministry, has alleged that Ishtiaq Ali thrashed him and another Chinese man on Sunday in Islamabad’s F-7 sector. Liu claimed that he had entered into a deal with Ali and they set up a hotel. He paid Rs one million as security deposit to his Pakistani partner. However, when the business did not succeed as per the expectations, Ali got furious, he said. He said Ali was constantly pestering him with demand to pay money as part of his share, which he could not as the business was slow despite his sincere efforts. Liu said Ali on Sunday came with a group of men and beat him up. They also assaulted a Chinese businessman Liu-Weixing staying in their hotel. Ali allegedly threw Long out of the premises and refused to pay back the security deposit. Police have lodged an FIR in this connection. Chinese are coming in big numbers to Pakistan to reap the benefit of business opportunities offered by USD 50 billion China-Pakistan Economic Corridor. The ambitious CPEC project will link the Pakistani city of Gwadar to China’s Xinjiang via a vast network of highways and railways.

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Chinese are coming in big numbers to Pakistan to reap the benefit of business opportunities offered by $50 billion China-Pakistan Economic Corridor. The ambitious CPEC project will link the Pakistani city of Gwadar to China’s Xinjiang via a vast network of highways and railways.

  1. N
    N.R.NAGARAJAN
    Jun 7, 2017 at 6:31 am
    This is the begining of the headwind in implementing CPEC project.Before completion there will be chaos and confusion and in such matters stan will take upper hand and will dictate terms to China.Chinese are making meaningful investment to get trade access to West Asian and African countries.But they cannot overplay stan. stan will never hesitate to unleash violence on China men working on CPEC.The recent incident is a sample and this will be a continuing trend.
    Reply

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