China to likely slow pace of investments in Pakistan if current security situation continues: Report

Islamabad, July 29 China is likely to take a more cautious stance by slowing the pace of new investments, analysing existing projects and demanding stronger security guarantees before announcing new additional resources in Pakistan if the current security situation continues in Balochistan, a report has detailed. China sees Pakistan’s Balochistan as a place where it can make massive investments, since it forms an important part of the Belt and Road Initiative (BRI). Beijing has invested USD 65 billion in the China–Pakistan Economic Corridor (CPEC), with funds announced for infrastructure development, energy generation and mineral extraction. However, Balochistan has also witnessed…