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Chinese firm reluctant to fund CPEC project citing due payments

Islamabad [Pakistan], May 16 (ANI): China Export and Credit Insurance company, also called Sinosure, one of the many Chinese companies that have invested in the China-Pakistan Economic Corridor (CPEC), has shown reluctance in funding a hydropower project citing due arrears from the Pakistani government, a media report said.
The Government of Pakistan owes an amount of over PKR 300 billion to power projects established und