• Burmese
Saturday, June 14, 2025
No Result
View All Result
NEWSLETTER
The Irrawaddy
25 °c
Yangon
  • Home
  • News
    • Burma
    • Politics
    • World
    • Asia
    • Myanmar’s Crisis & the World
    • Ethnic Issues
    • War Against the Junta
    • Junta Cronies
    • Conflicts In Numbers
    • Junta Watch
    • Fact Check
    • Investigation
    • Myanmar-China Watch
    • Obituaries
  • Politics
  • Business
  • Opinion
    • Commentary
    • Guest Column
    • Analysis
    • Editorial
    • Stories That Shaped Us
    • Letters
  • Junta Watch
  • Ethnic Issues
  • War Against the Junta
  • In Person
    • Interview
    • Profile
  • Books
  • Donation
  • Home
  • News
    • Burma
    • Politics
    • World
    • Asia
    • Myanmar’s Crisis & the World
    • Ethnic Issues
    • War Against the Junta
    • Junta Cronies
    • Conflicts In Numbers
    • Junta Watch
    • Fact Check
    • Investigation
    • Myanmar-China Watch
    • Obituaries
  • Politics
  • Business
  • Opinion
    • Commentary
    • Guest Column
    • Analysis
    • Editorial
    • Stories That Shaped Us
    • Letters
  • Junta Watch
  • Ethnic Issues
  • War Against the Junta
  • In Person
    • Interview
    • Profile
  • Books
  • Donation
No Result
View All Result
The Irrawaddy
No Result
View All Result
Home News Asia

Chinese President to Launch Economic Corridor Link in Pakistan

Katharine Houreld by Katharine Houreld
April 20, 2015
in Uncategorized
Reading Time: 2 mins read
0 0
A A
Chinese President to Launch Economic Corridor Link in Pakistan

A man hangs decorations on a pole next to a banner showing Pakistan's President Mamnoon Hussain (L)

2.1k
VIEWS
Share on FacebookShare on Twitter

ISLAMABAD — Chinese president Xi Jinping is due in Pakistan on Monday where he will launch US$46 billion in projects linking the old allies, a figure that far exceeds U.S. spending in Pakistan and underscores China’s projection of power in Asia.

The infrastructure and energy projects are aimed at establishing a Pakistan-China Economic Corridor between Pakistan’s southern Gwadar port on the Arabian Sea and China’s western Xinjiang region.

The plan reflected a shift of economic power in the region from the West to China, said Mushahid Hussain Sayed, chairman of the Pakistani parliament’s defense committee.

RelatedPosts

Sagaing Protesters Condemn Civilian Govt Toll Charges

Sagaing Protesters Condemn Civilian Govt Toll Charges

June 14, 2025
108
Tree-Planting Hides Logging Frenzy; Moving Mountains for Steel Production; and More

Tree-Planting Hides Logging Frenzy; Moving Mountains for Steel Production; and More

June 14, 2025
72
Is TNLA, Under Chinese Pressure, Conceding Northern Shan Gateway to the Regime?

Is TNLA, Under Chinese Pressure, Conceding Northern Shan Gateway to the Regime?

June 13, 2025
693

“Pakistan, for China, is now of pivotal importance. This has to succeed and be seen to succeed,” he said.

The corridor will run through Pakistan’s poor Baluchistan province, long plagued by a separatist insurgency, criminal gangs and Islamist militants.

The army has promised to crush the insurgency and the security of Chinese workers will be a prime concern for Xi.

In his talks with Prime Minister Nawaz Sharif, Xi is also expected to discuss cooperation on Afghanistan and China’s fears that Muslim separatists from Xinjiang are linking up with Pakistani militants.

On Sunday, Xi linked economic cooperation with progress on security.

“China and Pakistan need to align security concerns more closely to strengthen security cooperation,” he said in a statement to Pakistani media.

“Our cooperation in the security and economic fields reinforce each other, and they must be advanced simultaneously.”

China will provide about $34 billion in investment for the energy projects. Concessional loans will cover nearly $12 billion of infrastructure projects, said Ahsan Iqbal, Pakistan’s minister for planning and development.

China’s government and banks, including China Development Bank, and the Industrial and Commercial Bank of China Ltd, one of China’s “Big Four” state-owned commercial banks, will lend to Chinese companies, which will invest in projects as commercial ventures.

Major Chinese companies investing in the energy sector will include China’s Three Gorges Corp and China Power International Development Ltd, Pakistani officials said.

Sharif made ending chronic power blackouts a central promise of his 2013 election campaign and will be hoping for an improvement before the next polls in 2018.

The United States has given $31 billion to Pakistan since 2002, according to the Congressional Research Service. About two-thirds was earmarked for security.

Pakistan got $710 million in foreign direct investment in the first nine months of this fiscal year, the central bank said last week.

Xi will be in Pakistan for two days and is due to address parliament.

 

Your Thoughts …
Katharine Houreld

Katharine Houreld

Reuters

Similar Picks:

Exodus: Tens of Thousands Flee as Myanmar Junta Troops Face Last Stand in Kokang
Burma

Exodus: Tens of Thousands Flee as Myanmar Junta Troops Face Last Stand in Kokang

by Hein Htoo Zan
November 28, 2023
98.3k

Myanmar National Democratic Alliance Army troops are opening roads and pathways through forests for people to flee Kokang’s capital as...

Read moreDetails
Burning Alive in Myanmar: Two Resistance Fighters Executed in Public
Burma

Burning Alive in Myanmar: Two Resistance Fighters Executed in Public

by The Irrawaddy
February 7, 2024
89.3k

People’s Defense Force says junta troops told every household in the village to send one member to witness the double...

Read moreDetails
Another Entire Junta Battalion Raises the White Flag in Myanmar’s Northern Shan State
War Against the Junta

Another Entire Junta Battalion Raises the White Flag in Myanmar’s Northern Shan State

by The Irrawaddy
November 29, 2023
87k

Brotherhood Alliance member says it now has complete control of Kokang’s northernmost section after the junta’s Light Infantry Battalion 125...

Read moreDetails
Depleted Myanmar Military Urges Deserters to Return to Barracks
Burma

Depleted Myanmar Military Urges Deserters to Return to Barracks

by The Irrawaddy
December 4, 2023
59k

The junta said deserters would not be punished for minor crimes, highlighting the military’s shortage of troops as resistance offensives...

Read moreDetails
As Myanmar’s Military Stumbles, a Top General’s Dissapearance Fuels Intrigue
Burma

As Myanmar’s Military Stumbles, a Top General’s Dissapearance Fuels Intrigue

by The Irrawaddy
April 19, 2024
46.9k

The junta’s No. 2 has not been seen in public since April 3, sparking rumors that he was either gravely...

Read moreDetails
Enter the Dragon, Exit the Junta: Myanmar’s Brotherhood Alliance makes Chinese New Year Vow
Burma

Enter the Dragon, Exit the Junta: Myanmar’s Brotherhood Alliance makes Chinese New Year Vow

by The Irrawaddy
February 12, 2024
44.7k

Ethnic armed grouping says it will continue Operation 1027 offensive until goal of ousting the junta is achieved. 

Read moreDetails
Load More
Next Post
China Paper Blames Poor Upbringings for Top-Level Graft

China Paper Blames Poor Upbringings for Top-Level Graft

Photo of the Week (20.4.2015)

Photo of the Week (20.4.2015)

No Result
View All Result

Recommended

Will Myanmar’s Military Replace Its Embattled Leader?

Will Myanmar’s Military Replace Its Embattled Leader?

1 week ago
2.5k
How the Myanmar Military’s Propaganda Efforts Have Evolved Over the Decades

How the Myanmar Military’s Propaganda Efforts Have Evolved Over the Decades

3 days ago
981

Most Read

  • Myanmar Tourism Sector Mocks Junta’s Russia Tourist Drive

    Myanmar Tourism Sector Mocks Junta’s Russia Tourist Drive

    shares
    Share 0 Tweet 0
  • Untested Commander Takes Charge as Myanmar Military Faces Toughest Challenge in Decades

    shares
    Share 0 Tweet 0
  • Sagaing Region Braced for Myanmar Junta Airstrikes After Jet Crash

    shares
    Share 0 Tweet 0
  • Is TNLA, Under Chinese Pressure, Conceding Northern Shan Gateway to the Regime?

    shares
    Share 0 Tweet 0
  • Myanmar Junta Advances into Karenni State

    shares
    Share 0 Tweet 0

Newsletter

Get The Irrawaddy’s latest news, analyses and opinion pieces on Myanmar in your inbox.

Subscribe here for daily updates.

Contents

  • News
  • Politics
  • War Against the Junta
  • Myanmar’s Crisis & the World
  • Conflicts In Numbers
  • Junta Crony
  • Ethnic Issues
  • Asia
  • World
  • Business
  • Economy
  • Election 2020
  • Elections in History
  • Cartoons
  • Features
  • Opinion
  • Editorial
  • Commentary
  • Guest Column
  • Analysis
  • Letters
  • In Person
  • Interview
  • Profile
  • Dateline
  • Specials
  • Myanmar Diary
  • Women & Gender
  • Places in History
  • On This Day
  • From the Archive
  • Myanmar & COVID-19
  • Intelligence
  • Myanmar-China Watch
  • Lifestyle
  • Travel
  • Food
  • Fashion & Design
  • Videos
  • Photos
  • Photo Essay
  • Donation

About The Irrawaddy

Founded in 1993 by a group of Myanmar journalists living in exile in Thailand, The Irrawaddy is a leading source of reliable news, information, and analysis on Burma/Myanmar and the Southeast Asian region. From its inception, The Irrawaddy has been an independent news media group, unaffiliated with any political party, organization or government. We believe that media must be free and independent and we strive to preserve press freedom.

  • Copyright
  • Code of Ethics
  • Privacy Policy
  • Team
  • About Us
  • Careers
  • Contact
  • Burmese

© 2023 Irrawaddy Publishing Group. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Burma
    • Politics
    • World
    • Asia
    • Myanmar’s Crisis & the World
    • Ethnic Issues
    • War Against the Junta
    • Junta Cronies
    • Conflicts In Numbers
    • Junta Watch
    • Fact Check
    • Investigation
    • Myanmar-China Watch
    • Obituaries
  • Politics
  • Opinion
    • Commentary
    • Guest Column
    • Analysis
    • Editorial
    • Stories That Shaped Us
    • Letters
  • Ethnic Issues
  • War Against the Junta
  • In Person
    • Interview
    • Profile
  • Business
    • Economy
    • Business Roundup
  • Books
  • Donation

© 2023 Irrawaddy Publishing Group. All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.