China confident of ensuring CPEC success

By: |
Beijing | December 19, 2017 7:53 PM

China today said it is confident in ensuring the success of the USD 50 billion CPEC, a day after Pakistan's security czar alleged that the US along with India is conspiring against the ambitious economic corridor.

China, CPEC, CPEC success, Pakistan,  China Pakistan Economic CorridorChina today said it is confident in ensuring the success of the USD 50 billion CPEC, a day after Pakistan’s security czar alleged that the US along with India is conspiring against the ambitious economic corridor.(Reuters)

China today said it is confident in ensuring the success of the USD 50 billion CPEC, a day after Pakistan’s security czar alleged that the US along with India is conspiring against the ambitious economic corridor. The China-Pakistan Economic Corridor (CPEC), a flagship project of China’s prestigious One Belt One Road, passes through Pakistan-occupied Kashmir. The CPEC links China’s restive Xinjiang region with Pakistan’s Balochistan province. Foreign Ministry spokesperson Hua Chunying told reporters today that China hopes more countries to join the project. “I want to reiterate that CPEC is a new type of framework for the long term cooperation in various areas between China and Pakistan,” she said when asked about Pakistan’s claims. The project is not only of positive significance for the development of the two countries but also conducive to the development of whole region, Hua said. “We hope CPEC can receive more support and recognition of more countries and we are confident in ensuring the success of the building of CPEC with various parties including Pakistan,” she added. Pakistan’s National Security Advisor Lt Gen (retd.) Nasser Khan Janjua yesterday accused the US of conspiring against the multi-billion economic corridor with India.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1North Korea’s Kim Jong Un looks much thinner, causing health speculation
2China says nuclear fuel rods damaged, no radiation leak
3North Korea’s Kim Jong Un warns of ‘tense’ food situation, longer COVID lockdown