China-Pakistan Economic Corridor bleeds Pakistan dry

The 'all-weather' friendship with China was a cornerstone of Pakistan's foreign policy, Prime Minister Imran Khan has said as he pledged to implement the controversy-hit $62 billion China-Pakistan Economic Corridor (CPEC).

Pakistan and China pledged on Sunday to complete the $62 billion CPEC as Chinese foreign minister Wang Yi called on Khan and expressed desire to further enhance the bilateral strategic partnership.

Imran Khan's government plans to renegotiate the agreements reached under China's ambitious Belt and Road Initiative (BRI) as it unfairly benefits Chinese companies and is also against Pakistani interests.