China, Pakistan to mark mega infrastructure anniversary

ISLAMABAD: Chinese Vice Premier He Lifeng arrived in the Pakistan capital on Sunday to mark the 10th anniversary of an enormous economic plan that is the cornerstone of Beijing's Belt and Road Initiative.

"After a decade since its inception, CPEC has shown mixed results," said Azeem Khalid, assistant professor of international relations at COMSATS University Islamabad. Earlier this week, Beijing granted Pakistan a two-year rollover on a US$2.4 billion loan, giving the debt-saddled nation much-needed breathing space as it tackles a balance-of-payments crisis.

Pakistan politicians frequently trot out the phrase"stronger than the Himalayas, deeper than the ocean, and sweeter than honey" to portray the depth and closeness of the relationship with China. On Sunday at least 44 people were killed and dozens more wounded by a suicide bombing at a political gathering of a leading Islamic party in northwest Pakistan.

In April 2021, five people were killed in an attack claimed by Pakistan's Taliban at a luxury hotel hosting the Chinese ambassador in Quetta.

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China and Pakistan to mark mega infrastructure anniversaryThe CPEC has seen tens of billions of dollars funnelled into massive projects. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »

Foreign ships, aircraft in East and South China Seas escalating tensions: China's defence ministryIn Japan's annual defence paper, it offered a gloomy assessment of the threat of China’s territorial ambitions. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »

A sleepy Chinese county wakes up to a tourism boom, thanks to village footballCelebrities' sharing on social media of a football league in Rongjiang, Guizhou province, has propelled the county to national fame. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »

Possible Chinese malware in US systems a 'ticking time bomb', says reportIt potentially gives China’s army the ability to disrupt US military operations if Beijing were to move against Taiwan. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »

NTU appoints acting head of Chinese amid plagiarism claims against department headAssociate Professor Yow Cheun Hoe was appointed acting head of Chinese last Friday. Read more at straitstimes.com.
Source: straits_times - 🏆 5. / 69 Read more »

Chinese zoo denies allegations star attraction is a man in a sun bear costumeSceptics pointed out what appeared to be pant-like folds around its rear when standing. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »