Pakistan's patience and confidence in cooperating with China will "ebb" if Chinese enterprises act in a short-sighted manner and flaunt their economic and technical superiority, a state-run daily warned today.
Pakistan media reports have alleged that Chinese investments do not reflect the Sino-Pakistan friendship or represent pure assistance to Pakistan, but are instead driven by China's interests.
China is investing heavily in Pakistan, including the USD 50 billion China Pakistan Economic Corridor (CPEC).
"If Chinese-funded enterprises in Pakistan act in a short-sighted manner and show little interest in the local benefits, Pakistan's patience and confidence in cooperating with China will ebb," according to an article in the state-run Global Times.
"Chinese-funded companies must shoulder responsibility and show more tolerance when seeking profits. To respect customs in other cities and value the common interests are good ways of doing business abroad," it said.
Noting that Pakistan has enjoyed a firm relationship with China for more than 60 years, the report said "however, in terms of bilateral cooperation related to the Belt and Road (B&R) initiative, many Pakistani media reports have alleged that these investments do not simply reflect the Sino-Pakistan friendship or represent pure assistance to Pakistan, but are instead driven by China's interests".
The requirements for Chinese-funded enterprises included they should hire more local workers and gradually export technology to Pakistan, it said.
In addition to participating in government projects, Chinese enterprises can also strive harder to cooperate with local private companies and they should avoid flaunting economic and technical superiority in any context or situation, it added.
"Pakistan lags behind China in science and technology, economics and other areas, but Chinese companies should avoid superior behaviour and instead communicate with the people of Pakistan in an equal, friendly and cooperative manner," the report said.
Doing so will give China a better image and build harmonious coexistence for Chinese-funded enterprises investing in Pakistan, it said.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)