As part of the China-Pakistan Economic Corridor (CPEC), the nations signed deals on June 25 and July 6 for two hydro-power generation projects in disputed Kashmir worth $3.9 billion. A separate $7.2 billion deal plans to overhaul Pakistan’s colonial-era railways – in what is the most expensive Chinese project in Pakistan to date.
As part of the China-Pakistan Economic Corridor (CPEC), the nations signed deals on June 25 and July 6 for two hydro-power generation projects in disputed Kashmir worth $3.9 billion. A separate $7.2 billion deal plans to overhaul Pakistan’s colonial-era railways – in what is the most expensive Chinese project in Pakistan to date.