ISLAMABAD: The Chinese Embassy in Islamabad said that a report published by Financial Times regarding China Pakistan Economic Project (CEPC) was based on distorted and misquoted information.

In a strong-worded press statement on Monday , the embassy said it has taken notice of the report, comments of Mr Razzak Dawood and as the clarification issued by the Ministry of Commerce and Textile of Pakistan.

“It is a firm consensus between China and Pakistan that the CPEC is a mutually beneficial project and both the governments will carry it forward according to the needs of Pakistan and for the development of Pakistan,” it said.

“Such ill-intentioned reports based on distorted and misquoted information only demonstrate that the report contributor has total ignorance and neglect of the CEC of the CPEC or China-Pakistan traditional partnership,” it added.