Chinese Ambassador in Pakistan Sun Weidong on Thursday quashed the rumours of discontent on part of the Chinese government about the multi-billion dollar China-Pakistan Economic Corridor (CPEC), saying that China was "satisfied with the smooth implementation on the corridor".

"China is satisfied with the pace of implementation of the CPEC project. CPEC is under smooth implementation, and will deliver mutual benefits to both countries and peoples of the whole region," said the ambassador while talking to journalists here.

The statement was crucial in the wake of a local media report which claimed that the CPEC had been put on the backburner by the PML-N government with the ailment of Prime Minister Nawaz Sharif and accusations against his family in the Panama Papers. -APP