CPEC is a part of China's most ambitious project Belt and Road Initiative (BRI), aimed at renewing the country's ancient trade routes in the coastal countries of south-east Asia.
Pakistan has a large amount of debt, high inflation, a spike in unemployment and a lot of other macroeconomic problems which clearly show the multiple challenges faced by the country.
Islamabad [Pakistan], August 17 (ANI):Having made significant investments in the conflict-prone Pakistan-Afghanistan region as part of its hugely ambitious Belt and Road Initiative, China is planning to protect its interests in the two countries by stationing its own forces in specially c
Islamabad [Pakistan], August 8 (ANI): Pakistan's model of industrialization rooted in Special Economic Zones (SEZ) and its efforts to bridge the industrial shortfall through SEZs is a story of a fiasco.
Islamabad [Pakistan], May 21 (ANI): China and Pakistan -- often touted as the 'Iron Brothers' -- have enjoyed cordial relations for the past few years. However, things are changing as the promised benefits of Chinese investment have failed to materialize.
Islamabad [Pakistan], May 7 (ANI): Amid long delays in the completion of projects and building up arrears, the once much celebrated China-Pakistan Economic Corridor (CPEC) from China's Xinjiang province, running up to Gwadar in Balochistan, is increasingly becoming dysfunctional leading to i
Quetta [Pakistan], March 17 (ANI): The acquisition of Gwadar port, exclusion of Baloch firms and labour from Gwadar in the China-Pakistan Economic Corridor (CPEC) project has heightened pre-existing feelings of marginalisation in Balochistan, with Baloch nationalist forces either wholly reje
Islamabad [Pakistan], February 25 (ANI): Amid the growing economic woes and international isolation forcing over-reliance on China, Pakistani officials are ready to scrap the China-Pakistan Economic Corridor (CPEC), if the US could offer a similar deal, a news report said.
Islamabad [Pakistan], February 19 (ANI): A cabinet committee on Pakistan's CPEC project has surrendered 20 acres of prime land in the port city of Gwadar in favour of its Navy after they refused to vacate the land citing "security reasons".
Islamabad [Pakistan], February 17 (ANI): Pakistan's Senate Standing Committee seek the equal representation of all the provinces in the China-Pakistan Economic Corridor (CPEC) authority and expressed concerns that there was a sense of "deprivation" among the provinces about the CPEC proje
Islamabad [Pakistan], February 16 (ANI): Pakistan government now fears that its profits from a CPEC project will be reduced, after the top official alerted Islamabad of hidden costs in the Saindak project, according to a media report.
Beijing [China], February 11 (ANI): The humongous difference between China and Pakistan's economies and the Sino-Pak ties equip the Chinese to explore and capture the Pakistani market at the cost of the local enterprises.