Connect with us

South Asia

China Lashes-Out At The US For Demonizing CPEC, Meddling In Pakistan-China Ties



China on Wednesday attacked the US for meddling in its ties with Pakistan and rubbished US diplomat Alice Wells’ assertions that CPEC lacked transparency.

Blacklisted Companies Working On CPEC Project Could Mean More Trouble For Pakistan – US

In a strongly-worded rebuke issued by the Chinese embassy in Pakistan, Wells’ allegations were described as a repeat of “negative propaganda” by the US. “All Chinese companies joining the CPEC enjoy international reputation,” the statement read in response to Wells’ allegation that companies blacklisted by the World Bank had been awarded CPEC contracts.

“The Chinese government always requests Chinese companies to operate according to local laws and regulations,” the embassy said.

“The entire process is open and transparent and is in line with international norm. We keep in touch with the accountability agencies of Pakistan and it is agreed that the CPEC is clean. The US holds a stick of sanctions all over the world blacklisting this and that country, but it is not for the global economy, just ways to serve its own political purpose.”

On Wells’ claims that Pakistan’s debt burden was rising due to the Chinese financing, the embassy retorted that the total foreign debt of Pakistan was $110 billion according to the statistics of the State Bank of Pakistan and international financial institutions including the Paris Club and IMF were its largest creditors.

How Is India Countering The Growing Chinese Influence In Nepal?

“[The] loan for CPEC is about $5.8 billion, accounting for 5.3% of Pakistan’s total foreign debt, with a repayment period of 20-25 years and an interest rate of approximately 2%. Its repayments will start in 2021, with annual repayments of about 300 million US dollars. It will never be a burden to Pakistan,” it added.

“Moreover, China has never forced other countries to pay debts, and will not make unreasonable demands from Pakistan. The US keeps fabricating the so-called debt story, their mathematics is bad, and their intention is worse.”

On the transparency of CPEC projects, the Chinese embassy stated that every project was equally discussed, carefully studied and jointly implemented by both China and Pakistan.

“All projects strictly follow the market-oriented and internationally accepted business model and adopt state-of-the-art technology and strict environmental protection standards,” it maintained.

On the US diplomat raising the issue of the cost escalation of the ML-1 project, the embassy responded that the initial design of the project was jointly accomplished by the China Railway No 2 Bureau, National Engineering Services Pakistan Limited (NESPAK) and Pakistan Railways Advisory and Consultancy Services Ltd.

The project was launched in 2016, and the initial design was submitted in May 2017. In April 2019, it has successfully passed the initial design review, organised by Pakistan Railways, of the complex.

The embassy further noted that as the project had not been approved yet, the expenditure would be adjusted according to the conditions and the needs of Pakistan. “After finalising the design of the project, we will initiate a bidding process in accordance with international practice. This is a completely normal business practice.”

The embassy insisted that Wells’ remarks had nothing new in them as she had earlier also criticized the CPEC project last year. However, the US still ignores the facts and is obsessed with the story it made for the CPEC,” it added.

Trump Meets Imran Khan; Says The US Has Never Been So Close To Pakistan

“We would be more than glad to see the US develop its relationship with Pakistan, but we strongly oppose the US interference in China-Pakistan relations and the CPEC. Although you can never wake up a person who is pretending to be asleep, we have to make our position clear and reject the negative propaganda by the US. We must not let the truth be distorted and lies run wild.”

The embassy further asserted that China and Pakistan were steadfastly committed to the principles of mutual consultation and cooperation for shared benefits in CPEC projects. “We put Pakistani people’s interests first. Major progress has been achieved in the past five years, with 32 projects achieving early harvests. This has significantly improved local transportation infrastructure and power supply, created over 75,000 jobs directly and contributed one to two per cent of the GDP growth in Pakistan,” it pointed out.

“It shows that CPEC is playing an important role in boosting Pakistan’s socio-economic development and improving people’s livelihood. Whether the CPEC works [or not], the answer should be given by the Pakistani people rather than the US.”

The embassy further stated that before raising questions about China-Pakistan relations, the US should first look back at what it had done to Pakistan.

India’s Biggest Nightmare – Chinese, Pakistani Joint Naval Drill In Arabian Sea

“Think about how much contribution have you [the US] made for Pakistan. Did Ms Wells bring any aid, investment or trade for Pakistan during her visit? If the US truly cares about the development and prosperity of Pakistan and this region, it should bring cash and funds, promote win-win cooperation on the basis of mutual respect, fairness, and justice, rather than act as a world policeman, spreading rumours and provoking China-Pakistan relations.”

The embassy further said China-Pakistan ties were rock-solid and unbreakable. “China will continue to work with the Pakistani government and people to steadily advance the Belt and Road Initiative and CPEC to promote regional peace and development.”

Via: Express Trubune




s400-russia s400-russia
Featured10 hours ago

Third Batch Of Lethal S-400 Triumf Missile Defence Systems Delivered To Russia

Almaz-Antey Air and Space Defense Corporation JSC delivered the third batch S-400 Triumf missile defence system to the Russian Ministry...

Cold-War Cold-War
Americas10 hours ago

Who Is Winning The Race Between US, Russia & China To Develop World’s First Sixth-Gen Fighter Jet?

So far, the US is the only country to develop, operate and sell its fifth-generation fighter jets, while China and...

sukhoi-su-35 sukhoi-su-35
Featured15 hours ago

Setback For Su-30 As Russian Su-35 Jet Shoots It Down After An Intense Dogfight

In a bizarre incident that happened over the Russian skies on Tuesday, a Russian Su-35S fighter jet reportedly shot-down Su-30SM...

Gangayaan-ISRO Gangayaan-ISRO
Featured16 hours ago

ISRO’ Satellite Communications Attacked By Chinese Hackers – CASI Report

While concerns over China’s increasing space warfare capabilities have been highlighted in a recent Pentagon report, another U.S. think-tank has...

Featured18 hours ago

India Tests Powerful Short Range Prithvi-II Missile Amid Soaring Tensions With China, Pakistan

The Defence Research and Development Organisation (DRDO) of India has successfully test-fired the indigenous Prithvi – II missile, the third...

jet jet
Europe18 hours ago

Doors Still Open For India To Co-Develop ‘Tempest’ Sixth-Gen Fighter Jet With The UK

In 2007, India and Russia had agreed to jointly build a fifth-generation fighter jet called Sukhoi/HAL Fifth Generation Fighter Aircraft (FGFA)...

rafale-jets rafale-jets
Featured23 hours ago

36 More Rafales: France Wants India To Order More Rafale Jets For DRDO To Acquire Aero-Engine Tech?

As Indian netizens have widely celebrated the arrival of 4.5 generation Rafale jets and the Indian media threatening Pakistan and...

dalai-lama dalai-lama
Americas1 day ago

After Xinjiang, China Pushing Tibetans Into Forced Labour, Re-Education Camps

China is allegedly pushing Tibetans into military-style labour camps similar to the ones in Xinjiang, according to a Reuters report....

Saudi-Israel Saudi-Israel
Featured1 day ago

Saudi Arabia Fully Supports US’ Efforts To Get Israel, Palestine On Negotiating Table – King Salman

King Salman bin Abdulaziz on Wednesday said that Saudi Arabia supports Washington’s efforts to bring the Palestinian and Israeli sides...

Americas1 day ago

Pentagon Blew COVID-19 Funds To Buy Military Equipment; ArcelorMittal, Rolls-Royce Awarded Big Contacts

Pentagon blew up $1 billion appropriated for the pandemic by the Congress to finance military equipment including jet engine parts,...