AIRLINK 78.95 Decreased By ▼ -0.46 (-0.58%)
BOP 5.35 Increased By ▲ 0.02 (0.38%)
CNERGY 4.35 Decreased By ▼ -0.03 (-0.68%)
DFML 33.45 Increased By ▲ 0.26 (0.78%)
DGKC 75.90 Decreased By ▼ -0.97 (-1.26%)
FCCL 20.45 Decreased By ▼ -0.08 (-0.39%)
FFBL 31.61 Increased By ▲ 0.21 (0.67%)
FFL 9.87 Increased By ▲ 0.02 (0.2%)
GGL 10.17 Decreased By ▼ -0.08 (-0.78%)
HBL 116.99 Decreased By ▼ -0.94 (-0.8%)
HUBC 134.50 Increased By ▲ 0.40 (0.3%)
HUMNL 7.00 No Change ▼ 0.00 (0%)
KEL 4.55 Decreased By ▼ -0.12 (-2.57%)
KOSM 4.70 Decreased By ▼ -0.04 (-0.84%)
MLCF 37.03 Decreased By ▼ -0.41 (-1.1%)
OGDC 136.00 Decreased By ▼ -0.70 (-0.51%)
PAEL 23.18 Increased By ▲ 0.03 (0.13%)
PIAA 26.71 Increased By ▲ 0.16 (0.6%)
PIBTL 6.88 Decreased By ▼ -0.12 (-1.71%)
PPL 113.35 Decreased By ▼ -0.40 (-0.35%)
PRL 27.40 Decreased By ▼ -0.12 (-0.44%)
PTC 14.75 No Change ▼ 0.00 (0%)
SEARL 57.00 Decreased By ▼ -0.20 (-0.35%)
SNGP 66.76 Decreased By ▼ -0.74 (-1.1%)
SSGC 11.12 Increased By ▲ 0.03 (0.27%)
TELE 9.20 Decreased By ▼ -0.03 (-0.33%)
TPLP 11.60 Increased By ▲ 0.04 (0.35%)
TRG 72.35 Increased By ▲ 0.25 (0.35%)
UNITY 24.77 Decreased By ▼ -0.05 (-0.2%)
WTL 1.40 No Change ▼ 0.00 (0%)
BR100 7,534 Increased By 7.8 (0.1%)
BR30 24,590 Decreased By -59.5 (-0.24%)
KSE100 72,034 Increased By 62.2 (0.09%)
KSE30 23,754 Increased By 4.6 (0.02%)
Pakistan

If US is concerned then where was it during Pakistan’s time of need: Chinese envoy hits back at US

Chinese envoy Yao Jing was responding to Alice Wells's statement that CPEC lacked transparency. The ambassador
Published November 23, 2019
  • Chinese envoy Yao Jing was responding to Alice Wells's statement that CPEC lacked transparency.
  • The ambassador said CPEC projects were investigated and there was no corruption in their affairs.

Expressing his shock at the recent statements made by US Principal Deputy Assistant Secretary of State for South and Central Asia Alice Wells, Chinese Ambassador to Pakistan Yao Jing said that relations between Pakistan and China were based on win-win cooperation and were mutually beneficial.

Wells during a speech on Thursday, warned that Pakistan Economic Corridor (CPEC) project would take a toll on Pakistan’s economy at the time of repayments and dividend in the coming years. She further said that CPEC was not an aid to Pakistan but a form of financing that guarantees profits for Chinese state-owned enterprises.

“We hope Pakistanis will ask Beijing tough questions on debt, accountability, fairness and transparency. Ask the Chinese government why it is pursuing a development model in Pakistan, that significantly deviates from what brought China its own economic success," she said in her speech.

Addressing participants at the 5th CPEC Media Forum, Jing reacted to Well's statement and said it was not appropriate for a high-level government official of the US State Department to comment and communicate her official position on CPEC based on media reports.

"My dear American colleague, before alleging anyone, please be careful that you have enough evidences about certain allegations," he added. The ambassador said CPEC projects were investigated and that there was no corruption in their affairs. “CPEC is clean,” he said.

He further said that while China would never ask Pakistan to repay its loans during its needs, International Monetary Fund (IMF), governed mainly by the West, was strict in its repayment system.

The Chinese envoy wondered why the US had suspended its aid promised to Pakistan, adding Washington obviously did because of political priorities. “When in 2013, the Chinese companies were establishing power plants in Pakistan, where was the US? Why it did not invest in Pakistan’s power sector despite knowing that Pakistan was in dire need of electricity?” he asked.

Jing also called upon the media to play its role in nullifying the effects of propaganda against CPEC."Media is a major vehicle of information and platform of interaction. Media from both Pakistan and China have already been playing role in promoting state-to-state relations," he said.

Comments

Comments are closed.