CPEC Investment Allocation Plan
Under the China-Pakistan Economic Corridor (CPEC), China is investing approximately ______ on different projects in Pakistan over a period of the next six years.
Answer: US $ 46 billion
Explanation
Originally valued at $46 billion, the value of CPEC projects was $62 billion as of 2020.
By 2022, Chinese investment in Pakistan had risen to $65 billion.
China refers to this project as the revival of the Silk Road.
CPEC is a collection of infrastructure projects that are under construction throughout Pakistan since 2013.
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