00:00Pakistan's PM, Shehbaz Sharif, has just sealed $8.5 billion in investment and joint venture agreements with China.
00:09These deals cover sectors like agriculture, renewable energy, electric vehicles, health, steel and more.
00:17$7 billion is tied up in MOUs, Memoranda of Understanding, the other $1.5 billion in real joint ventures.
00:27On the side, this push is part of the next phase of CPEC, China-Pakistan Economic Corridor, aiming to fix bureaucratic slowdowns and beef up security for Chinese workers after press attacks.
00:40This move is big, even if risky. It signals Pakistan's doubling down on China as its main economic lifeline, even as foreign investment jitters remain.
00:48Inflation, debt, security issues. If the promises play out, job creation and infrastructure could get a lift.
00:54If not, burden of debt and security flaws might bite.
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