News

Billions in loans: How Pakistan fell into the trap

Share
Copied!

Published: May 27th, 2024,
Last updated: May 28th, 2025

May 14: Prime Minister Muhammad Shehbaz Sharif chairs a meeting on CPEC Phase II and other Chinese investment projects.

Cash-strapped Pakistan has begun restructuring its debts to Chinese energy producers of over 15 billion dollars. This could dampen Beijing’s appetite for future investment, writes Nikkei Asia.

Sign up now and continue reading immediately

No credit card details required. No automatic renewal.

Share
Copied!
Neue Seidenstraße Pakistan