The $62 billion China-Pakistan Economic Corridor (CPEC), a flagship project of China’s Belt and Road Initiative, was hailed as a game-changer for the South Asian country’s ailing economy. However, nearly a decade since its inception, the multi-billion-dollar investment has become a nightmare for both countries, marred by incessant attacks on Chinese nationals, Pakistan’s inability to utilise the investments, and a deepening economic quagmire, which exposes the country to the IMF. A suicide bombing that killed five Chinese engineers near the Dasu dam project in Pakistan’s northwest Khyber Pakhtunkhwa province on March 26 is the latest in a series of deadly […]
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