Pakistan and Chinese debt trap: A looming crisis? (IANS Analysis)

IANS | August 28, 2024 9:20 PM

New Delhi, Aug 28 (IANS) In recent years, Pakistan has found itself deeply intertwined with China through a series of economic agreements, most notably the China-Pakistan Economic Corridor (CPEC). While these developments were initially seen as a significant opportunity for Pakistan's economic upliftment, there is growing concern that the country may be falling into a dangerous debt trap.