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Strategic Implications of the China-Pakistan Economic Corridor

Author : Madhumanti Debnath
Publisher : GRIN Verlag
Page : 125 pages
File Size : 13,58 MB
Release : 2017-10-25
Category : Political Science
ISBN : 3668557209

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Master's Thesis from the year 2016 in the subject Politics - Region: South Asia, grade: 1.65, University of Erfurt (Willy Brandt School), language: English, abstract: In recent times, Chinese foreign policy has transformed considerably and it is apparent that China now aims to reinvent its global image and also step-up its clout and impact at the international level. It also aims to give rise to an economic order that serves Chinese interests, something that China cannot expect from the largely Western-dominated institutions. The establishment of the Asian Infrastructure Investment Bank (AIIB) was a decisive step in this direction. In a broader sense, this can be related to China’s ambitious "One Belt One Road" (OBOR) initiative which envisages the revival of the erstwhile Silk Road through two major projects- A Silk Road Economic Belt and a 21st Century Maritime Silk Road. In April 2015, President Xi Jinping announced 46-billion-dollar investment plans in Pakistan in the shape of the China-Pakistan Economic Corridor (CPEC) which will connect the Chinese city of Kashgar to the strategically located Gwadar Port in Pakistan. This was conceived as a part of the OBOR initiative. Although a daunting undertaking, the successful completion of this project would result in unparalleled economic and strategic gains for both the parties involved. Also, the increased cooperation between these two neighbors engenders major ramifications for the foreign relations of both the countries. This thesis attempts to take a closer look at the CPEC and expound the strategic implications of the project for both China and Pakistan.

Economic and Strategic Implications of China Pakistan Economic Corridor (CPEC)

Author : Ayesha Khan
Publisher :
Page : 0 pages
File Size : 18,63 MB
Release : 2022
Category :
ISBN :

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China Pakistan Economic Corridor (CPEC) is one of the corridors of China's Belt & Road Initiative (BRI) which China first proposed in 2013. It is 21st Century version of the Ancient Silk Road with an aim to connect China with the rest of the world through road and maritime trade routes. Similarly, the planned outlook of CPEC manifests linkages with Central Asia, Africa and Europe. It comprises of roads, railway transportation networks, energy power plants, a port and special economic zones development, and cross border optical fibre cable installation (Ministry of Planning, Development and Reform, 2017). Given the history of mutual trust between the two countries, CPEC was approved in April 2015 without any resistance from either sides. While it serves China as a gateway to other regions, for Pakistan it has multi-fold relevance which is the main research theme of this dissertation. This research analyzes CPEC's economic implications for Pakistan and strategic implications for both Pakistan and China. While around 147 countries signed the BRI, the response has not been warm from all countries. While some consider it a part of China's strategic plan to gain dominion that will result into a new world order, others like India, are more concerned about regional hegemony. There is an on-going economic crisis that started with COVID-19 pandemic in 2020 and it got worse due to Russia's invasion of Ukraine. It will not be absurd to state that the biggest blow came in the form of energy supply shortages. This crisis serves as a reminder of how important it is to secure energy supply. However, China foresaw this looming crisis and this is one of the motivations behind BRI in general and CPEC in particular. If succeeded, CPEC will present China with a new trade route for its energy supply which currently goes through the Strait of Malacca. Furthermore, this research undertakes an in-depth analysis of several economic implications of CPEC; namely, how infrastructure investment may or may not alter the economic growth trajectory of a country and the role of redesigned supply chain and logistics in boosting local industry. Last but not the least, the much contentious topic of debt-trap is also discussed. The study relies on both quantitative and qualitative research methods depending on the nature of the designed research questions.

Strategic Implications of the China-Pakistan Economic Corridor

Author : James Schwemlein
Publisher :
Page : 15 pages
File Size : 32,9 MB
Release : 2019
Category : China
ISBN :

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China’s economic surge into Pakistan comes at a time of heightened stakes in South Asia. Pakistan is in a deteriorating stalemate with its existential foe India, which has far greater conventional military and economic capabilities. Yet India faces a widening conventional arms deficit with China, whose economy has grown for nearly four decades far faster than India’s has. With an eye toward fostering potential like-minded partners in a new era of great power competition, the United States has attempted to build a stronger partnership with India. At the same time, Washington continues to rely on Islamabad for access to Afghanistan. China’s position remains flexible in the region, pursuing expansive trade and economic relations with India, embarking on growing investments in Pakistan through CPEC and across the broader region, while also investing in enhanced military capabilities that will eventually enable China to act on its growing ambitions in the Indian Ocean region. China’s economic surge into Pakistan is an opportunity to test the proposition of whether Beijing can translate its growing wealth into growing political authority and security influence in the region.

China’s Belt and Road Initiative in a Global Context

Author : Jawad Syed
Publisher : Springer Nature
Page : 383 pages
File Size : 39,27 MB
Release : 2019-09-30
Category : Business & Economics
ISBN : 3030189597

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Bringing together a collection of interdisciplinary chapters on China’s Belt and Road Initiative (BRI), this book offers a comprehensive overview of the topic from a business and management perspective. With a focus on the China Pakistan Economic Corridor (CPEC), Volume II provides theoretical and empirical analyses of the opportunities and challenges facing businesses. With contributions covering economics, agriculture, energy, value chain, ethics, governance, and security, this collection is a useful tool for academics as well as policy-makers and practitioners in China, Pakistan, and other countries along the new Silk Road.

China’s Great Leap Forward-II

Author : Lt Gen Gautam Banerjee
Publisher : Lancer Publishers LLC
Page : 128 pages
File Size : 44,4 MB
Release : 2019-04-02
Category : Political Science
ISBN : 1940988438

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Development of the China Pakistan Economic Corridor is a fulcrum of the One Belt One Road Initiative through which China seeks to realise the ‘Chinese Dream’ to be a global power and a regional hegemon. The Corridor connects China’s Western Xinjiang with Pakistan’s Makran Coast, traversing through one of the most challenging geographic as well as human terrain that would require extra-ordinary engineering resources to execute, massive amounts to fund and extreme political acumen to manage the untameable societal fissures. That indeed is a tall and complex order. The Corridor brings up a host of strategic adversities to India. While pumping-up Pakistan’s innate anti-Indian dogma and China’s compulsive India-averseness, the Corridor violates India’s sovereignty, even if disputed, over the Pakistan Occupied Kashmir, and consolidates the duo’s political nexus with conjoined military capabilities against India. India’s problems are further exacerbated when the Initiative consolidates Pakistan’s illegal occupation of North-Western Kashmir and inter alia seals the severance of India’s traditional land connectivity’s with Afghanistan and the Central Asian Republics. This Book, besides describing the plans and challenges of construction and gainful management thereafter, highlights that since China believes in crystallising its ‘dream’ with the backing of political, and by implication, military power, it is obvious that the Initiative would have more than just purely economic consequences.

Reconfiguring the China-Pakistan Economic Corridor

Author : Jeremy Garlick
Publisher : Routledge
Page : 131 pages
File Size : 33,17 MB
Release : 2021-11-28
Category : Political Science
ISBN : 1000504271

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There has been a great deal of speculation and prognostication about the China-Pakistan Economic Corridor (CPEC). The project’s name suggests it is intended to be an ‘economic corridor’ connecting Pakistan overland with China’s Xinjiang province. This book examines whether CPEC’s primary purpose is as an overland conduit for trade and economic cooperation between China and Pakistan. The key finding is that aims related to regional geopolitics and internal security have, in reality, a more significant impact. The book demonstrates that China’s goals in Pakistan are primarily geopolitical rather than geo-economic, since the notion of constructing an economic and transportation ‘corridor’ between Pakistan and China is logistically and economically problematic due to a range of foreseeable problems. Most importantly, border disputes with India and the containment of domestic separatism motivate are the driving forces for cooperation between the partners. This book will be of interest to scholars who research the BRI, as well as policy makers.

Cross-Cultural Challenges of Managing ‘One Belt One Road’ Projects

Author : Arshia Mukhtar
Publisher : Routledge
Page : 122 pages
File Size : 35,62 MB
Release : 2022-04-06
Category : Business & Economics
ISBN : 1000570266

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The China Pakistan Economic Corridor (CPEC) is a flagship program of China’s ‘One Belt One Road’ initiative, created to boost economic cooperation between China and Pakistan with significant political and economic implications in the region. This book looks at critical issues when developing capabilities of cross-cultural management, adaptation and adjustment through cross-cultural understanding and network building from the CPEC case study. The book highlights the importance of acculturation experience, cross-cultural networking, networking behaviour (guanxi vs. hawala), and factors influencing cross-cultural adjustment, which would enhance the overall performance of ‘One Belt One Road’ projects in general. It looks at how the Chinese and Pakistani employees' national cultures affect their behaviour while working on the CPEC projects. The book offers insights into what cross-cultural adjustments are effective in creating improved individual and organizational performance. In an increasingly globalized world in which the practice of working with people from multiple cultural background is more of a norm, this book will be a useful reference for those who are interested to achieve success in multi-cultural settings.

The China-Pakistan Axis

Author : Andrew Small
Publisher : Oxford University Press
Page : 338 pages
File Size : 41,22 MB
Release : 2020
Category : Political Science
ISBN : 019007681X

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"The Beijing-Islamabad axis plays a central role in Asia's geopolitics, from India's rise to the prospects for a post-American Afghanistan, from the threat of nuclear terrorism to the continent's new map of mines, ports and pipelines. China is Pakistan's great economic hope and its most trusted military partner; Pakistan is the battleground for China's encounters with Islamic militancy and the heart of its efforts to counter-balance the emerging US-India partnership. For decades, each country has been the other's only 'all-weather' friend. Yet the relationship is still little understood. The wildest claims about it are widely believed, while many of its most dramatic developments are hidden from the public eye. This book sets out the recent history of Sino-Pakistani ties and their ramifications for the West, for India, for Afghanistan, and for Asia as a whole. It tells the stories behind some of its most sensitive aspects, including Beijing's support for Pakistan's nuclear program, China's dealings with the Taliban, and the Chinese military's planning for crises in Pakistan. It describes a relationship increasingly shaped by Pakistan's internal strife, and the dilemmas China faces between the need for regional stability and the imperative for strategic competition with India and the USA."--Amazon.com.

China Pakistan Economic Corridor Needs a Counter Strategy of India

Author : Arlen Clemens
Publisher : Alpha Edition
Page : 282 pages
File Size : 40,21 MB
Release : 2018-08-18
Category : Political Science
ISBN : 9789352977475

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The China-Pakistan Economic Corridor (CPEC) is not a single road, it's a network. It will spur the growth of industrial zones supported by energy plants, connecting Kashgar in China to Gwadar. Balochistan should be the primary beneficiary of the project. Khyber Pakhtunkhwa will also benefit from it as there's no discrimination against any province. China-Pakistan Economic Corridor programme (CPEC) is anchored. The programme amounts to over 45 billion US dollars and was agreed between the two countries in April 2015. The corridor has its starting point in the Chinese-built port of Gwadar, on Pakistani Balochistan's southern coast at the Arabian Sea, and is linked to Chinese-funded, infrastructural mega-projects that are regional in nature. The hype surrounding the China Pakistan Economic Corridor (CPEC), to be built through Gilgit Baltistan, resurfaced with the recent visit of Chinese President Xi Jinping to Pakistan. The visit yet again generated an animated discourse in the global media about the corridor's future. The long-gestated CPEC project received initial traction during Nawaz Sharif's visits to China in the year 2014. Subsequently, on his maiden visit to Pakistan in April 2015, the Chinese President reaffirmed the previously announced commitment, worth $46 billion, towards the CPEC. The CPEC is considered a significant project that seeks to cement Sino-Pakistan bilateral ties and further consolidate their strategic ties. The corridor will run through India's periphery, more significantly, Gilgit Baltistan, claimed by India as part of the erstwhile princely state of Jammu and Kashmir (J&K). In due course, this geographical reality of the CPEC could potentially impinge upon India's geopolitical calculations and pose a strategic challenge. India needs to be concerned about China attempting to replicate in PoK the well-perfected policy it has applied earlier in Tibet, Xinjiang and across Central Asia. Beijing would be seeking a historic opportunity to fill up gaps where India has largely failed. Considering PoK's strategic location as a connecting point of South, West, Central and East Asia, China's move has implications for limiting India's outreach to the critical Eurasian region. This book will definitely prove to be a boon to teachers, students and research scholars.

China, Pakistan and the Belt and Road Initiative

Author : Pascal Abb
Publisher :
Page : 0 pages
File Size : 45,93 MB
Release : 2024
Category : Business & Economics
ISBN : 9781032633398

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"Pakistan occupies an elevated role in China's Belt and Road Initiative (BRI) and hosts its 'flagship' project, the China-Pakistan Economic Corridor (CPEC). It has attracted the largest volume of investments under the BRI and opened itself comprehensively to its transformative potential. This book provides a comprehensive analysis of CPEC's impact on Pakistan's economy, politics, and society, covering its developmental benefits as well as resulting controversies. Interdisciplinary and international experts capture the complexity of CPEC, presenting new empirical data in the form of interviews, archival materials, and documentary evidence. Covering topics ranging from agriculture to the environment, gender to security, they focus on local outcomes challenging prevalent narratives about the BRI as a strategic, China-driven vehicle to transform other countries in its image. They argue that examples like CPEC should be understood as interactive processes between China and its international partners, which produce interdependent relations between them. Beyond the case of CPEC, these findings contribute to the burgeoning field of "Global China", through a comprehensive yet granular assessment of the first 10 years of the BRI's flagship project. This book will be of interest to scholars of area studies, regionalisation, international relations and development studies, as well as China studies and South Asia studies focused on the most important and far-reaching national-level implementation of the BRI to date"--