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Opportunities and challenges of the China-Pakistan Economic Corridor (CPEC) and implications for US policy and Pakistan
| Content Provider | Semantic Scholar |
|---|---|
| Author | Wang, Lin |
| Copyright Year | 2017 |
| Abstract | China and Pakistan have long maintained diploma c and military es. However, close economic coopera on is a more recent development. The flagship project of China’s ambi ous Belt and Road Ini a ve (BRI) — the China‐Pakistan Economic Corridor (CPEC) — is expected to provide $40 billion in Chinese investments to Pakistan. CPEC is not only a strong economic boon for Pakistan’s economic growth in the next three to five years, but also an opportunity for Pakistan to stabilize its society and reshape its image from a fragile state to an emerging economy in Asia. From a geopoli cal perspec ve, CPEC is also regarded as a game‐changing project in South and Central Asia. The prospect is promising, although the detailed opportuni es and challenges CPEC faces s ll need to be carefully evaluated. Although CPEC is a bilateral project between China and Pakistan, it has already drawn interest and worry from other stakeholders in the region, including the United States and India. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://scholarspace.manoa.hawaii.edu/bitstream/10125/48534/1/apb%20no.395.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |