China Withdraws from Pakistan’s $60 Billion CPEC Flagship Project; Islamabad Seeks ADB Support Amid Geopolitical Realignment
In a dramatic shift that could reshape South Asia’s infrastructure and diplomatic landscape, China has officially exited Pakistan’s $60 billion China–Pakistan Economic Corridor (CPEC) flagship project, the Main Line-1 (ML-1) railway upgrade. The move, confirmed during Prime Minister Shehbaz Sharif’s recent visit to Beijing, marks the end of nearly a decade of negotiations and signals…