Challenges and Opportunities of China-Pakistan Economic Corridor (CPEC): An Analysis

Authors

  • Basharat Rehman Ph. D Scholar, China University of Petroleum, Beijing, China
  • Shafique Ahmed MPhil Scholar, Department of Pakistan Studies, NUML, Islamabad, Pakistan
  • Sabeen Siddiqui Scientific Officer, Social Science Research Institute, National Agricultural Research Center, Islamabad, Pakistan

DOI:

https://doi.org/10.35484/ahss.2022(3-II)50

Keywords:

China, Covid 19, CPEC, Pakistan

Abstract

The China-Pakistan Economic Corridor (CPEC) is a strategically significant bilateral initiative aimed at connecting Gwadar Port in Pakistan with China's Xinjiang region through a network of transportation and energy projects. Despite its potential to spur economic growth and regional integration, CPEC also faces several challenges, including political and security risks, social and environmental impacts, and economic and financial viability. This paper reviews the literature on the future opportunities and challenges of CPEC, with a focus on its economic, political, and strategic implications. The findings suggest that CPEC has the potential to significantly enhance regional trade, investment, and economic growth, but also faces significant risks and challenges that need to be addressed to ensure its long-term viability and success. The paper concludes by highlighting the importance of continued research on CPEC, in order to better understand its potential impacts and to ensure that its opportunities and challenges are effectively addressed in the years to come.

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Published

2022-09-21

Details

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    PDF Downloads: 184

How to Cite

Rehman, B., Ahmed, S., & Siddiqui, S. (2022). Challenges and Opportunities of China-Pakistan Economic Corridor (CPEC): An Analysis. Annals of Human and Social Sciences, 3(2), 536–543. https://doi.org/10.35484/ahss.2022(3-II)50