KARACHI -- Pakistan has chopped a third of its contribution to the China-Pakistan Economic Corridor (CPEC), a high profile component of China's massive Belt and Road Initiative, setting back some flagship projects backed by China's President Xi Jinping.
Belt and Road
Pakistan slashes budget for Belt and Road Initiative projects
Completion date for Karachi-Peshawar rail link even more uncertain
Major China-backed infrastructure projects in Pakistan are being slowed in the wake of the COVID-19 pandemic. © Reuters
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