Belt and RoadChina loaned Pakistan $21bn more than reported, study finds
South Asian country has world's largest Chinese-funded energy portfolio
Pakistan's Port Qasim coal power plant is run by a joint venture with a Chinese partner. A significant portion -- $28.4 billion -- of the South Asian country's loans from China are in the energy sector. © Getty Images
ADNAN AAMIR, Contributing writer
November 9, 2023 17:29 JST
ISLAMABAD -- Two decades of Chinese lending to Pakistan totaled about $21 billion more than previously thought, a study revealed this week, while also showing that the cash-strapped South Asian country has the biggest China-funded energy portfolio in the world.