CPEC Loan to Pakistan Soars to Whopping $62B; Repayment Extremely Challenging: ADB

Is the CPEC Loan to Pakistan actually trapping Pakistan into the Chinese debt? After Asian Development Bank warning to eight nations, including Pakistan, against unsustainable financing under CPEC and BRI, it appears that Islamabad is under a bit of pressure due to repayment of CPEC Loan, which has already swelled to $62B from original $46B. … Continue reading CPEC Loan to Pakistan Soars to Whopping $62B; Repayment Extremely Challenging: ADB