China has decided to temporarily stop funding at least three major road projects in Pakistan, being built as part of the 50 billion US dollar China-Pakistan Economic Corridor.
The decision follows reports of corruption. According to the Dawn newspaper, the decision by the Chinese government is likely to hit over one trillion Pakistani rupees worth of road projects of Pakistan.
The projects affected include a flagship project of China’s One Road One Belt passing through PoK. It was to link China’s restive Xinjiang region with Pakistan’s Balochistan province.
According to a senior Pak official, the fund would be released after Beijing issues new guidelines.