Beijing is backing away from Pakistan`s USD 60 billion commitment to the global Belt and Road Initiative. The CPEC's future is not only clouded by China`s apparent new, more conservative lending policy but also Pakistan`s overborrowing, which is fast driving the country toward a debt crisis.
source https://zeenews.india.com/world/china-may-not-fund-usd-60-billion-bri-project-as-pakistans-burgeoning-debt-rises-2332813.html
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