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Pakistan leapt into the fray to mount defence of the lucrative, multi-billion-dollar China-Pakistan Economic Corridor (CPEC) project a day after an uncommon slugfest between Washington and Beijing on the question of who stands to benefit most from the latter s signature scheme. On the United States concern over burdensome loans from Chinese state-owned enterprises potentially hamstringing Prime Minister Imran Khan s reform agenda , Pakistan issued a robust rebuttal, with newly-inducted Planning and Development Minister Asad Umar quashing the notion that Islamabad was destined to slip into a debt trap .He was at pains to nullify the suggestion that B
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