Gwadar Protests Highlight CPEC’s Achilles’ Heel
The mass protests reflect six years of disappointment and resentment on the part of locals who have seen no benefit from Chinese investment projects. Read More Here
The mass protests reflect six years of disappointment and resentment on the part of locals who have seen no benefit from Chinese investment projects. Read More Here
It is increasingly conceivable that a new generation of U.S. policymakers less trustful of Islamabad and less concerned with Pakistani sensibilities may question whether it would be a U.S. interest for Balochistan to follow suit. Read More Here
While Gilgit is geographically essential to CPEC’s success and Pakistani authorities pledged development along the highway, none materialized. Nor did promised opportunities in terms of education, employment and welfare materialize. Instead, Pakistan’s major political parties have siphoned off most of the cash and the associated projects to their own political strongholds in Punjab, Sindh, and […]
It is interesting to note that the current border tension between China and India in Ladakh may have given a new push to CPEC projects in Pakistan. It may explain why China and Pakistan went ahead with the aforementioned deals in Pakistan-administered Kashmir, which India has reportedly opposed. Ladakh is part of the greater Kashmir region. Read […]
Introduced under considerable fanfare in 2015, CPEC provides much-needed financing for infrastructure and energy pipelines that Pakistan could not entice other investors to underwrite. However, the expected payoff is unlikely to compensate for the sizable risks to which these investments expose the Pakistani economy. Read Here – RealClearWorld
Grappling with a crippling economic crisis at home, Pakistan is compelled to tread slowly and carefully in the emerging geoeconomics and politics of the region. Although financial help and support from China, Saudi Arabia and the UAE have contributed to partially resolving the country’s balance of payments crisis, yet an IMF bailout seems inevitable. Some would translate it as a return […]
In the past, English was the sole language of upward mobility in Pakistan, both a relic of British colonial rule and a means of accessing Western markets, educational institutions, and jobs. Now, Mandarin has become the “hot new trend,” said Abbas, the Mandarin instructor in Gilgit…In Pakistan, the growth in Mandarin-language learning has been fuelled […]
Pakistan’s new government has been in a mad dash to attract foreign aid and investment—most notably from Saudi Arabia—to offset a widening current account deficit, rising foreign debt repayment obligations, and avert a balance of payments crisis. Pakistan’s external financing needs will approach or exceed $30 billion this fiscal year. Read Here – The National […]
The fact is that China has grown strong and rich by flouting international trade rules. But now its chickens are coming home to roost, with a growing number of countries imposing antidumping or punitive duties on Chinese goods. And as countries worry about China bending them to its will by luring them into debt traps, […]
China has urged Pakistan to help maintain mutual trust and ensure the smooth development of the China-Pakistan Economic Corridor, a project that has been criticised in the South Asian nation for the levels of debt it has incurred as a result. Read Here – South China Morning Post