Is Pakistan China's new Venezuela?

Is Pakistan China's new Venezuela? Beijing's frenzied drive to create a modern Silk Road puts Pakistan front and center, much as Venezuela was once a target of lending by China Development Bank as the nation sought to secure oil supplies. Of the $6 billion to $7 billion of current development projects in Pakistan as part of the China-Pakistan Economic Corridor, Beijing has provided the bulk of financing -- local funding amounts to just $470 million. Written By Nisha Gopalan and Shuli Ren Source : https://economictimes.indiatimes.com/news/international/business/is-pakistan-chinas-new-venezuela/articleshow/61822180.cms __________________________________________________________________________________________ Thanks You For Watching..... -------------------------------------------------------------------------------- Site : https://worldofweapon.wordpress.com Facebook : http://www.facebook.com/worldofweapon16 Twitter : https://twitter.com/worldofweapon VK.com : https://vk.com/vk.worldofweapon Myspace : https://myspace.com/worldofweapon Tags:- china pakistan economic corridor, cpec, pakistan, china, china-pakistan economic corridor, economic corridor, india, cpec pakistan, modi, obor, russia, pok, news, narendra modi, one belt one road, china pakistan friendship, cpec projects, gwadar port one belt one road, one belt, one road, china, silk road, news, politics, xi jinping, new silk road, business, cpec, asia, india, economy, economics, europe, international relations, russia pak media on india, pakistani media on india, pakistan on india, pakistani media on india latest, pakistan media on india, pak media on india latest, pakistan, foreign media on india, india, indian media on pakistan, foreign media on india latest, pak media latest reaction on india, chinese media on india, latest pak media on india, pak media on india today, india pakistan, pak on india, pakistan media, pakistan against india, pakistani media china development bank, china, bank, new development bank, china bank, asian development bank, asian infrastructure investment bank, news, world bank, china (country), politics, international development, central bank, china-backed bank, development, economy, business india vs pakistan, pakistan, india, pakistan vs india, india vs pakistan final, india pakistan, india vs pakistan fight, india vs pakistan cricket fights, india vs pakistan match, cricket, ind vs pak, india pakistan final, pakistan on india, vs, virat kohli, pak media on india, champions trophy 2017, ind, mauka mauka, pak, pakistan military, pakistani media on india, india army, india (country), pakistan army, india military, pak vs ind, icc, cup, champions trophy