Pakistan, China launch second phase of CPEC, ink USD 8.5 bn deals

Islamabad: Pakistan and China have formally launched the second phase of the controversial CPEC project and signed 21 agreements and joint ventures worth about USD 8.5 billion. The MoUs were signed in Beijing on Thursday, on the concluding day of Prime Minister Shehbaz Sharifs visit to China, when he met with Chinese Premier Li Qiang Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .