Of the over $50 billion in promised Chinese investment in CPEC, 60 per cent is for coal-fired power generation. Real questions also continue to persist about Pakistan’s ability to repay loans and whether the country is capable of financing its share of the new energy investments. The report by Kugelman also takes a look at the noticeable split between public narratives and private sentiments on CPEC in Pakistan. Monitoring CPEC is also a major focus of the US, which has thus far not been too vocal about the project, states the report. The report also points out the benefit Iran gains from CPEC energy projects.

Source: The Express Tribune November 30, 2017 11:26 UTC