Pakistan's PM Khan eager for closer economic ties with China

Beijing visit for Belt and Road summit to highlight plans for economic corridor

20190422 Khan China

The discussions with the IMF have run into resistance from the U.S. over Pakistan's Chinese debt. © Reuters

FARHAN BOKHARI, Contributing Writer

ISLAMABAD -- As Prime Minister Imran Khan prepares to visit Beijing on Thursday, Pakistani officials warmly welcomed China's latest message to its overseas partners assuring them that loans tied to Beijing's Belt and Road Initiative will be affordable.

China's commitment to invest up to $60 billion under the China-Pakistan Economic Corridor, or CPEC, is not only the largest investment from a single foreign country in the South Asian nation's 72-year history, it is a centerpiece of the Belt and Road.

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