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Belt and Road

Pakistan's stalled China-backed rail project prompts turn to Japan

Regional leaders show 'buyer's remorse' over cost of Belt and Road loans

Women and children cross a bridge along the Karachi Circular Railway in poor neighborhood in Karachi: Problems obtaining loans for the railway from China has local leaders looking for help from Japan.   © Reuters

KARACHI -- A regional government in Pakistan says it is open to funding from Japan for an urban railway after funding for the project under the China-Pakistan Economic Corridor, or CPEC, hit a snag.

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