Pakistan request opens door for Belt and Road project debt relief

COVID-19 economic hit gives China little choice but to help cash-strapped allies

20200511 Pakistan Gwadar

Pakistan has plans to create a smart city in Gwadar Port, a major part of the China-Pakistan Economic Corridor. © Reuters

ADNAN AAMIR, Contributing writer

KARACHI -- Pakistan's plea last month to China for Belt and Road Initiative debt relief has opened the floodgates for other participating countries to make similar appeals as the impact of the coronavirus slams friendly economies with traditionally close ties to Beijing.

Sponsored Content

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