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Financial Times: Pakistan seeks relief from China over Belt and Road

Dr Kamal Munir comments on Pakistan’s energy policy as the country is trying to trying to renegotiate Belt and Road repayments with China. “We’ve established a rent seeking racket, there is no competition in the sector, the returns are guaranteed and CPEC projects are the same,” Dr Munir says. “Time and time again Pakistan has managed to lock itself into these deals that hollow out the economy.” (subs)

Read the full article [ft.com]