The multibillion-dollar China-Pakistan Economic Corridor (CPEC),announced in 2015, was aimed at overhauling Pakistan's crumbling infrastructure and linking the nation's southern port of Gwadar to western China.
The ambitious project, part of Chinese President Xi Jinping's signature Belt and Road Initiative, was originally estimated to bring in $46 billion (€38.7 billion) of investment into Pakistan. But it's now estimated to have increased to about $65 billion.
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How Chinese investments are capturing Pakistan′s economy | Asia | An in-depth look at news from across the continent | DW | 02.08.2021
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