Challenges to China-Pakistan Economic Corridor

Author(s) : Zabia Qamar, Saddam Ali

Abstract:

The article is an effort to provide insight to the readers about the flagship project of the great BRI initiative; more precisely it is a try to put light on the expected challenges towards China in this project. CPEC is a project expected to be a game changer largely for the region and will ease bringing prosperity and peace not only for Pakistan but also would be opportunity for the whole region. The project is envisioned to change the fate of numerous states including Asia, and Africa to central Europe, and more importantly will serve the Chinese motive to attain the desired reach and space, in the global market, they envisaged and worked hard for for decades.Humongous China state significantly extends greatly in Asia as the state shares land and maritime borders with about fourteen Central Asian countries including Pakistan, Afghanistan, Russia, and India. Chinese President Xi Jinping presented the CPEC vision and mission in 2013 that will connect Kashgar with Gwadar in Pakistan. China Pakistan Economic Corridor connects Asia with Europe through land and sea routes considerably facilitating trade—supply of goods and services. This trade network will connect above 60 countries and will boost the economy of the whole region more importantly mapping to accommodate the regional landlocked countries. The Gwadar port has naturally limitless importance, it plays a vital role in economic development and it will give access China to the Indian Ocean. However, this project faces challenges from internal and external forces. The article will particularly examine various challenges China faces while carrying through the CPEC, amid detestable regional political, economic, and security scenarios. Besides, Chinese rivalry towards global key players along with the Security situation and international relations implications over Pakistan, the origin state of CPEC and significant strategic partner for the whole of this move will surely lead to face animosity from different regional and global power stakeholders.