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ISLAMABAD:The China-Pakistan Economic Corridor (CPEC) will ush
red af1 er in an era of unprecedented prosperity without saddling Pakistan s economy w
nike sb force ith expensive debt, Chinese Foreign Minister Wang Yi said on Saturday.Rejecting criticism over CPEC projects, he said that both Pakistan and China had agreed to re-prioritise project benefits. CPEC has not inflicted a debt burden on Pakistan 鈥?when these projects are completed and enter into operation, they will unleash huge economic benefits 鈥?creating considerable returns for Pakistan s economy, Wang said at a news conference.Wang, who is also a state councillor, is visiting the country in the wake of US Secretary of State Mike Pompeo s visit to Pakistan.Beijing has pledged $57 billion for CPEC projects in the shape of soft-term loans and investments.Some CPEC projects have already been completed and the programme is set to enter into its second phase.Country banking on CPEC to revive economyWhether
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