CPEC LINKAGES OF PEACE & PROSPERITY
We should be thankful to US Assistant Secretary of State, Alice Wells, for at least showing some concern about Pakistan’s interests. She is worried that China is not sincere with Pakistan and its CPEC projects with Pakistan are not an aid but rather a form of loans that ensured guaranteed profits for state-owned Chinese enterprises. According to her, the multibillion-dollar project would take a toll on Pakistan’s economy at the time of repayment of the loans. Both China and Pakistan promptly rejected the US claim that CPEC benefits China more than Pakistan. Both defended CPEC as a joint venture of mutual benefit.
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