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(Opinion) China-Pakistan Economic Corridor: Perils and Prospects

2017-03-04 09:20:27       source:IPP Review

March 4, 2017


"The China-Pakistan Economic Corridor (CPEC) has magnified and magnetized the attention of China and non-China watchers at the regional and global levels. The CPEC has received a wide currency and been attributed with different catchphrases, including: the revival of Mackinder theory, the Great Game, New Asia is Emerging, China’s Rise as a Global Power. However, the reality is that China has translated its vision into reality.

 

Boris Johnson, the UK’s Secretary of State for Foreign and Commonwealth Affairs, while delivering a lecture at the Government College University at Lahore, termed the CPEC project as a 'wonder project,' and is the 'revival of the ancient Silk route and the rebirth of trading caravans connecting East and West,' and Karachi should be Asia’s 'biggest trading entrepot' besides Singapore and Shanghai. Moreover, Chinese Premier Wen Jiabao, while delivering his historic speech at the Parliament of Pakistan, summed up the Pakistan-China friendship in the following words: 'The steadfastness of the pine tree is shown in the frigid winter; the strength of a horse is tested in a long journey.' It is interesting to note that before the launching ceremony of the CPEC in Pakistan, Chinese President Xi Jinping expressed his feelings in the following way: 'I feel as if I am going to visit the home of my own brother.'"


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