Pakistan working on China economic corridor
Pakistan has been implementing the plan to build an economic corridor with China, the planning minister, Ahsan Iqbal, said yesterday. China has promised US$57 billion in investment in projects along the China-Pakistan Economic Corridor, part of its Belt and Road plan linking China with the Middle East and Europe. Chinese president Xi Jinping proposed the project in 2013. Pakistan will also invest $10bn, Mr Iqbal said. The economic corridor will be completed in three phases, he said.