KARACHI -- Following a terror attack that killed nine Chinese engineers in northern Pakistan last week, Beijing has ramped up pressure on Islamabad, postponing a high-level joint committee for the Belt and Road Initiative and halting a billion-dollar hydropower project.
The Dasu Hydropower project currently under construction in northwest Pakistan is led by China Gezhouba Group Company (CGGC) at an estimated cost of over $4 billion. It is slated to have a capacity of 4,320 MW.
