Over the years, CPEC has morphed in size and scope, with Beijing already investing $25 billion and some estimates saying the bundle of energy and development projects could reach $62 billion once completed. The far-reaching project has come to represent Beijing’s wider geopolitical ambitions, with CPEC forming the backbone of China's presence in Pakistan and symbolizing the “all-weather friendship” between the two countries.
onsdag 9. juni 2021
What Pakistan's Relationship With China Tells Us About The Belt And Road Initiative
A recent study of China's Belt and Road Initiative (BRI) in Pakistan suggests Beijing has less control over its massive development projects as was first thought and often has to alter its plans to accommodate Pakistani officials. Since it was launched six years ago, the China-Pakistan Economic Corridor (CPEC) has become the centerpiece of the BRI, which aims to build infrastructure, expand trade links, and deepen ties across Eurasia and Africa.
Over the years, CPEC has morphed in size and scope, with Beijing already investing $25 billion and some estimates saying the bundle of energy and development projects could reach $62 billion once completed. The far-reaching project has come to represent Beijing’s wider geopolitical ambitions, with CPEC forming the backbone of China's presence in Pakistan and symbolizing the “all-weather friendship” between the two countries.
Over the years, CPEC has morphed in size and scope, with Beijing already investing $25 billion and some estimates saying the bundle of energy and development projects could reach $62 billion once completed. The far-reaching project has come to represent Beijing’s wider geopolitical ambitions, with CPEC forming the backbone of China's presence in Pakistan and symbolizing the “all-weather friendship” between the two countries.
