ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Most read in 2019

Pakistan distances itself from China's Belt and Road

Islamabad diverts $171m from CPEC to fund projects legislators want

ISLAMABAD -- The Pakistani government has diverted around 24 billion Pakistani rupees ($171.6 million) in funds meant for joint infrastructure development projects with China into other construction plans, as Islamabad distances itself from Beijing.

The funds were originally meant to go toward $62 billion worth of infrastructure projects to build the China-Pakistan Economic Corridor, a crucial leg of Chinese President Xi Jinping's ambitious Belt and Road Initiative. But since the change of government in August last year, both sides have not decided on a definite future course for CPEC.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more