China, Pakistan Power Plant Dispute At Breaking Point Over Non-Payment Issue

By Anonymous -
Islamabad: As China halts the multi-billion dollar China-Pakistan Economic Corridor (CPEC) over differences in cost estimations and contractual disputes with Pakistan, the issue of overdue payments owed to Chinese independent power producers (IPPs) is near a breaking point.Citing media reports, Asia Times reported that Beijing is reluctant to pump in new funds under the CPEC arrangement until

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