The China-Pakistan Economic Corridor of the Belt and Road Initiative


Book Description

This book focuses on the implementation of the China-Pakistan Economic Corridor (CPEC), a multi-billion-dollar infrastructure development project intended to connect Asia with Europe, the Middle East and Africa. By introducing a new analytical approach to the study of economic corridors, it gauges the anticipated economic and geopolitical impacts on the region and discusses whether the CPEC will serve as a pioneer project for future regional cooperation between and integration of sub-national regions such as Balochistan, Khyber Pakhtunkhwa, the Federally Administered Tribal Areas, and Gilgit-Baltistan. Further, it explores the interests, expectations and policy approaches of both Chinese and Pakistani local and central governments with regard to the CPEC’s implementation. Given its scope, the book will appeal to regional and spatial sciences scholars, as well as social scientists interested in the regional impacts of economic corridors. It also offers valuable information for policymakers in countries participating in the Belt-and-Road Initiative or other Chinese-supported development projects.




Economic Corridor Development in Pakistan


Book Description

This study examines the potential of economic corridor development to support Pakistan’s sustainable growth. It describes the country’s effort to enhance domestic and international connectivity and includes some international good practices for economic corridor development in other countries. The study assesses whether the government should commit substantive resources to prepare a detailed development plan to transform its transport corridors into dynamic economic corridors. It leads to a conclusion that that political commitment at the highest government levels and coordination among diverse government agencies are essential to developing economic corridors.




Reconfiguring the China-Pakistan Economic Corridor


Book Description

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.







Securing the Belt and Road Initiative


Book Description

This collection explores the expansion of Chinese outbound investments, aimed to sustain the increased need for natural resources, and how they have amplified the magnitude of a possible international crisis that the People’s Republic of China may face in the near future by bringing together the views of a wide range of scholars. President Xi’s Belt and Road initiative (BRI), aimed to promote economic development and exchanges with China for over 60 countries, necessitates a wide range of security procedures. While the threats to Chinese enterprises and Chinese workers based on foreign soil are poised to increase, there is an urgent need to develop new guidelines for risk assessment, special insurance and crisis management. While the Chinese State Owned Enterprises are expanding their international reach capabilities, they still do not have the capacity to assure adequate security. In such a climate, this collection will be of profound value to policy makers, those working in the financial sector, and academics.




The WEB of Transport Corridors in South Asia


Book Description

The WEB of Transport Corridors in South Asia develops a holistic appraisal methodology to ensure that economic benefits of investments in transport corridors are amplified and more widely spread, and possible negative impacts such as congestion, environmental degradation, and other unintended consequences are minimized. It focuses on South Asia—not only as one of the world’s most populous and poorest regions—but as a hinge between East Asia, Central Asia, the Middle East, and Europe. The book is aimed at politicians, technocrats, civil society organizations, and businesses. It presents case studies of past and recent corridor initiatives, provides rigorous analysis of the literature on the spatial impact of corridors, and offers assessments of corridor investment projects supported by international development organizations. A series of spotlights examines such issues as private sector co-investment; the impacts of corridors on small enterprises and women; and issues with implementing cross-border corridors. The 'WEB' in the title stands for both the wider economic benefits (WEB) that transport corridors are expected to generate and the complex web of transport corridors that has been proposed. The appraisal methodology introduced in this book shows how the web of interconnected elements around corridors can be disentangled and the most promising corridor proposals—the ones with the greatest wider economic benefits—can be selected.




Strategic Implications of the China-Pakistan Economic Corridor


Book Description

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.




The Emperor’s New Road


Book Description

A prominent authority on China’s Belt and Road Initiative reveals the global risks lurking within Beijing’s project of the century China’s Belt and Road Initiative is the world’s most ambitious and misunderstood geoeconomic vision. To carry out President Xi Jinping’s flagship foreign-policy effort, China promises to spend over one trillion dollars for new ports, railways, fiber-optic cables, power plants, and other connections. The plan touches more than one hundred and thirty countries and has expanded into the Arctic, cyberspace, and even outer space. Beijing says that it is promoting global development, but Washington warns that it is charting a path to global dominance. Taking readers on a journey to China’s projects in Asia, Europe, and Africa, Jonathan E. Hillman reveals how this grand vision is unfolding. As China pushes beyond its borders and deep into dangerous territory, it is repeating the mistakes of the great powers that came before it, Hillman argues. If China succeeds, it will remake the world and place itself at the center of everything. But Xi may be overreaching: all roads do not yet lead to Beijing.




China’s Great Leap Forward-II


Book Description

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


Book Description

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 on BRI and policy makers.