Beijing will not use AIIB to fund Pakistan deal
Money for economic corridor will come from both countries, says China minister
Beijing
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 trip to Pakistan next week is expected to focus on the corridor, a planned network of roads, railways and energy projects linking Pakistan's deepwater Gwadar Port on the Arabian Sea with China's far-western Xinjiang region.
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