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Beijing will not use AIIB to fund Pakistan deal

Money for economic corridor will come from both countries, says China minister

BOOSTING CONNECTIVITY: The Pakistan-China Economic Corridor would shorten the route for China's energy imports, bypassing the Straits of Malacca between Malaysia and Indonesia.


CHINA does not plan to use either its new Asian Infrastructure Investment Bank (AIIB) or Silk Road fund to finance the US$46 billion Pakistan-China Economic Corridor, with money to come from both countries instead, a senior diplomat said on Friday.

President Xi Jinping's