Tag "$14 billion"

China has invested $14 billion in CPEC projects so far

Under the China-Pakistan Economic Corridor (CPEC), China has so far financed $14 billion in 30 early harvest projects. These projects will be completed under CPEC which is a flagship project of the “One Belt One Road” initiative. It was launched by Chinese President Xi Jinping. Chinese Embassy Deputy Chief of Mission, Zhao Lijian was quoted as saying: “Out of the 30 projects, 16 were under construction” Additionally, he stated that