Expressing his shock at the recent statements made by US Principal Deputy Assistant Secretary of State for South and Central Asia Alice Wells, Chinese Ambassador to Pakistan Yao Jing said that relations between Pakistan and China were based on win-win cooperation and so Were mutually beneficial.
Wells through a speech on Thursday, warned that Pakistan Economic Corridor (CPEC) job would take a toll on Pakistan’s market at the time of repayments and diversification in the next several years.
She said that CPEC was not an aid to Pakistan but a kind of financing that guarantees profits for Oriental state-owned enterprises.”We expect Pakistanis will ask Beijing tough questions on debt, accountability, fairness and transparency.
Ask the Chinese authorities why it’s pursuing a growth version in Pakistan, that significantly deviates from what attracted China its economic achievement,” she said in her address.
Addressing participants at the 5th CPEC Media Forum, Jing reacted to Well’s statement and said it was not appropriate to get a high-level government official of the US State Department to comment and communicate with her official stance on CPEC based on media reports.
“My dear American colleague, prior to alleging anyone, please be careful that you have sufficient evidences about certain allegations,” he added. The ambassador said CPEC jobs were investigated and that there was no corruption within their own affairs.
He said that although China wouldn’t ask Pakistan to repay its loans throughout its requirements, International Monetary Fund (IMF), regulated mainly from the West, was stringent in its own repayment system.
The Chinese envoy wondered why the US had suspended its aid promised to Pakistan, adding Washington clearly failed because of political motives. “After in 2013, the Chinese companies had been establishing power plants in Pakistan, where was the United States? Why it didn’t invest in Pakistan’s power industry despite understanding that Pakistan was in desperate need of electricity” he asked.
Media from the Pakistan and China have already been playing part in boosting state-to-state relations,” he said.