{"id":67428,"date":"2020-07-04T10:00:00","date_gmt":"2020-07-04T05:00:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=67428"},"modified":"2020-07-01T18:16:57","modified_gmt":"2020-07-01T13:16:57","slug":"delay-cpec-projects-due-virus-outbreak-wont-shake-chinas-confidence-global-times","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/delay-cpec-projects-due-virus-outbreak-wont-shake-chinas-confidence-global-times.html","title":{"rendered":"Delay in CPEC projects due to virus outbreak won&#8217;t shake China&#8217;s confidence: Global Times"},"content":{"rendered":"\n<p>Beijing: Global Times, a Chinese tabloid, on Sunday stated that the delay in China Pakistan Economic Corridor (CPEC) projects due to the virus outbreak would not affect Beijing\u2019s confidence in the multi-billion dollar initiative, a news source reported.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/cpec-covid-19-preventive-measures-place-ensure-timely-completion-projects.html\">COVID-19 preventive measures in place to ensure timely completion of CPEC projects<\/a><\/p>\n\n\n\n<p>The publication stated that COVID-19 pandemic would not slow down the collaboration between China and Pakistan on CPEC. It added that both sides recently finalised an agreement pertaining to the Kohala Hydropower Project, which is Pakistan\u2019s largest foreign investment within the power sector.<\/p>\n\n\n\n<p>Earlier, CPEC Authority Chairman Asim Saleem Bajwa said that the pace of CPEC projects had picked up and much of the groundwork to start CPEC Phase II was complete.<\/p>\n\n\n\n<p>According to Global Times, CPEC would allow China to showcase its Belt &amp; Road Initiative (BRI) benefits and help Pakistan improve its infrastructure, along with providing better livelihoods to its people. It added that the pandemic, along with any consequential delay in CPEC projects would not impact China\u2019s confidence for moving forward with the initiative.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/cpec-projects-resume-sops-drafted-construction-activity.html\" target=\"_blank\" rel=\"noreferrer noopener\">Work on CPEC projects to resume, SOPs for development work during lockdown in the making: PM<\/a><\/p>\n\n\n\n<p>The publication opined that while the pandemic has created serious economic problems, this only proves that why initiative like CPEC are important. It added that these projects would boost regional economic conditions and provide jobs in the upcoming years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Beijing: Global Times, a Chinese tabloid, on Sunday stated that the delay in China Pakistan Economic Corridor (CPEC) projects due to the virus outbreak would not affect Beijing\u2019s confidence in the multi-billion dollar initiative, a news source reported. Read: COVID-19 preventive measures in place to ensure timely completion of CPEC projects The publication stated that COVID-19 pandemic would not slow down the collaboration between China and Pakistan on CPEC. It added that both sides recently finalised an agreement pertaining to the Kohala Hydropower Project, which is Pakistan\u2019s largest foreign investment within the power sector. Earlier, CPEC Authority Chairman Asim Saleem Bajwa said that the pace of CPEC projects had picked up and much of the groundwork to start CPEC Phase II was complete. According to Global Times, CPEC would allow China to showcase its Belt &amp; Road Initiative (BRI) benefits and help Pakistan improve its infrastructure, along with providing better livelihoods to its people. It added that the pandemic, along with any consequential delay in CPEC projects would not impact China\u2019s confidence for moving forward with the initiative. Read: Work on CPEC projects to resume, SOPs for development work during lockdown in the making: PM The publication opined that while&hellip;<\/p>\n","protected":false},"author":68,"featured_media":63240,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20385],"tags":[33443],"persona":[],"class_list":{"0":"post-67428","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-development-projects","8":"tag-details-on-delay-in-cpec-projects-due-to-virus-outbreak-wont-shake-chinas-confidence-global-times","9":"cat-20385-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Delay in CPEC projects won&#039;t shake China&#039;s confidence - Zameen News<\/title>\n<meta name=\"description\" content=\"Global Times, a Chinese tabloid, has stated that delay in CPEC projects due to virus outbreak would&#039;nt shake Beijing\u2019s confidence.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/delay-cpec-projects-due-virus-outbreak-wont-shake-chinas-confidence-global-times.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Delay in CPEC projects won&#039;t shake China&#039;s confidence - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Global Times, a Chinese tabloid, has stated that delay in CPEC projects due to virus outbreak would&#039;nt shake Beijing\u2019s confidence.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/delay-cpec-projects-due-virus-outbreak-wont-shake-chinas-confidence-global-times.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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