Pak re­jects Western me­dia’s CPEC por­trayal

The Free Press Journal - - WORLD -

IS­LAM­ABAD: Pak­istan has re­jected Western me­dia’s re­cent re­port­ing on China-Pak­istan Eco­nomic Cor­ri­dor (CPEC), terming it in­cor­rect in­for­ma­tion based on dis­torted facts and one-sided opin­ion.

The coun­try’s Min­istry of Plan­ning, De­vel­op­ment and Re­form said Pak­istan has opted for Chi­nese in­vest­ment un­der CPEC due to the favourable fi­nanc­ing ar­range­ments, Xin­hua re­ported.

It added China stepped for­ward to sup­port Pak­istan’s de­vel­op­ment at the time when for­eign in­vest­ment had dried up, and eco­nomic ac­tiv­i­ties were be­ing crip­pled by en­ergy short­ages and in­fras­truc­ture gaps.

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