2531. China- Pakistan Economic Corridor: Current Situation, challenges, Countermeasures and Suggestions
- Author:
- Lingfei Li
- Publication Date:
- 04-2019
- Content Type:
- Special Report
- Institution:
- Pangoal Institution
- Abstract:
- China- Pakistan Economic Corridor (CPEC) is a series of big engineering project that China and Pakistan develops to enhance the connectivity and common development of the two countries. CPEC, with Kashghar (in Chinese Xin Jiang Province) and the port of Gwadar (in Pakistani Baluchistan Province) at its northern and southern ends respectively, is a hub of Silk Road Economic Belt and Maritime Silk Road. So it is extraordinarily significant for the strategic deployment and promotion of Belt and Road initiative. At the moment (May 2017), the construction of CPEC has made a number of important developments. The governments of China and Pakistan have also conducted rounds of consultations to set up “long-range planning of CPEC”. On this occasion, this article will conclude the current situation of the construction of CPEC, summarize and evaluate the challenges and risks that exist, and offer preliminary countermeasures and suggestions.
- Topic:
- International Cooperation, Partnerships, Economy, Belt and Road Initiative (BRI), Trade, and Industry
- Political Geography:
- Pakistan, China, South Asia, and Asia