Chinese president to launch economic corridor link in Pakistan


  • World
  • Monday, 20 Apr 2015

A policeman stands guard next to giant portraits of (L-R) Pakistan's President Mamnoon Hussain, China's President Xi Jinping, and Pakistan's Prime Minister Nawaz Sharif, displayed along a road ahead of Xi's visit to Islamabad April 19, 2015. REUTERS/Faisal Mahmood

ISLAMABAD (Reuters) - Chinese President Xi Jinping arrived in Pakistan on Monday to launch $46 billion in projects linking the old allies, a figure that far exceeds U.S. spending in Pakistan and underscores China's economic ambitions in Asia and beyond.

The infrastructure and energy projects are aimed at establishing a Pakistan-China Economic Corridor between Pakistan's southern Gwadar port on the Arabian Sea and China's western Xinjiang region.

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