Islamabad (Web Desk): Chinese Ambassador to Pakistan Yao Jing on Friday rejected US Acting Assistant Secretary of State for South Asia Alice Wells’ statement regarding China-Pakistan Economic Corridor (CPEC).
Addressing the 5th CPEC Media Forum in Islamabad, he expressed astonishment over Alice Wells’ statement of higher tariff in power plants, established under CPEC.
Yao Jing said that Pak-China relations are based on win-win cooperation and are mutually beneficial.
“Where was the US when in 2013, the Chinese companies were establishing power plants in Pakistan? Why it did not invest in Pakistan’s power sector despite knowing that Pakistan was in dire need of electricity”, the Chinese envoy asked.
He said China has always come forward to assist Pakistan in need without any political or government differences.
If Pakistan is in need, China would never ask it to repay its loans in time, while on the other hand the International Monetary Fund (IMF), mainly governed by the West, is strict in its repayment system.