The China-Pakistan Economic Corridor: (Essay Example.
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Responding to a question about Balochistan’s share in CPEC, Yao Jing said Balochistan is an important part of CPEC and the second phase of the project would be more important for Balochistan.
Under the CPEC, China and Pakistan plan to build infrastructure to connect Gwadar Port in Pakistan with Kashgar in Xinjiang. The project has become a “flagship project” of China’s Silk Road Economic Belt, although it was proposed in May 2013, a few months earlier than the broader economic belt. As a sign of its important place in the overall strategy, the CPEC was the first project to.
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CPEC is being touted as some sort of a magic dust that will make all of Pakistan’s problems disappear. That is not the case. It has the potential for the much needed economic benefit, but also brings additional problems. I suspect these problems w.
CPEC has provided enormous opportunities for Pakistan to grow economically. It is an engine for economic growth and will increase Pakistan’s GDP up by 2% to 3%. CPEC has also facilitated in.