International Journal For Multidisciplinary Research

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China-Pakistan Economic Corridor: a Study of Chinese Investment in Pakistan

Author(s) Janet Cobbinah
Country China
Abstract The paper discusses the historical development of China-Pakistan diplomatic and economic relations, tracing the two nations' path from the early PRC era to their present strategic partnership. It highlights the common objectives that have formed the basis for this enduring alliance, starting with Pakistan's formal recognition of the PRC in 1951. It explores the evolution of their relationship, which has expanded into diplomatic, economic, and military cooperation since the 1990s, focusing on the China-Pakistan Economic Corridor (CPEC) as a key component of their economic partnership. It examines the rationale behind China’s substantial investments in Pakistan, particularly through CPEC, and its potential to reshape global trade routes as part of the Belt and Road Initiative (BRI). The discussion of the main infrastructural projects associated with CPEC: projects at Gwadar Port, the Karakoram Highway, and energy projects, and then the economic and political implications these initiatives may have for Pakistan. Further, the challenges and criticisms of CPEC involving debt sustainability, geopolitical tension, environmental concerns, and the socioeconomic impacts on the local communities are tackled in the paper. While exploring the various dimensions, the paper develops the idea of the importance of China-Pakistan relations in defining not only regional but also global dimensions, focusing on the strategic and economic dimensions of their partnership.
Keywords Investment China Pakistan Economic Corridor, Chani Pakistan Free Trade Area, Infrastructure, Gwadar Sea Port, Economic Cooperation, Belt and Road Initiative, Development.
Published In Volume 7, Issue 1, January-February 2025
Published On 2025-01-05
Cite This China-Pakistan Economic Corridor: a Study of Chinese Investment in Pakistan - Janet Cobbinah - IJFMR Volume 7, Issue 1, January-February 2025.
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E-ISSN 2582-2160
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