China-Pakistan economic corridor (CPEC) issues/barrier and imperatives of Pakistan and China

Authors

Muhammad U. Arshad, Inner Mongolia UniversityFollow
Zhao Haidong, Inner Mongolia UniversityFollow

Abstract

China-Pakistan Economic Corridor (CPEC) is blessing for Pakistan and China. China and Pakistan have best political relations. CPEC is going to boost up the economic relations between both countries. China’s participation in the development of Gwadar Port took the international attention. Planning the development of Gwadar port becomes an important content of CPEC. This way Gwadar port has entered into a new development period. Due to their potential impact on the strategic pattern of the Indian Ocean and because of its strategic importance, there is international repercussion, also have other difficulties such as cost, security issues in Pakistan and Power crises and other issues. This paper attempts to explain the challenges, due to security issues, culture difference, energy and political crises in Pakistan, conflict in Baluchistan, and external pressure. Finally, this paper discusses some specific measures of barriers, solutions and suggestions. CPEC will be a game changer on the regional canvas and is expected to bring prosperity and improve quality of life in general to the region and in particular to Pakistan. There is a dire need to take on board all the regional and global players by addressing their concerns for early establishment of CPEC.

Keywords

issues and challenges of CPEC, solution for strategic risk at China and Pakistan economic corridor, problems of Gwadar port, barrier for Chinese companies in Pakistan, CPEC

Chinese Abstract

中巴经济走廊之问题/障碍、及巴基斯坦与中国的重要使命

中巴经济走廊是对巴基斯坦与中国的赐福。中国与巴基斯坦有着最佳的政治关系。中巴经济走廊将大大提升两国之间的经济关系。中国参与瓜达尔港的建设这一举动举世瞩目。该港口的规划和发展也成了中巴经济走廊的重要内容。瓜达尔港也因此进入了新的发展阶段。这对于印度洋战略布局有着潜在影响，加上其本身的战略重要性，引起了国际震荡，同时巴基斯坦还存在着诸如成本、安全及能源危机等困难。本文解释由于安全因素、文化差异、巴基斯坦能源与政治危机、俾路支冲突、及外来压力带来的挑战。最后，本文讨论了解决障碍的具体措施、解决方案及建议。中巴经济走廊将会是区域经济版图的改变者，也将给区域，尤其是巴基斯坦，带来繁荣并提高生活质量。因此，为了早日建成中巴经济走廊，迫切需要区域与国际持份者的参与；为此，需先解决他们对加入中巴经济走廊建设的疑虑。

关键词：中巴经济走廊的问题和挑战，中巴经济走廊的战略风险解决方案，瓜达尔港的问题，驻巴基斯坦中国公司的障碍，中巴经济走廊

DOI

10.5038/2640-6489.2.2.1023

Recommended Citation

Arshad, M. U., & Haidong, Z. (2017). China-Pakistan economic corridor (CPEC) issues/barrier and imperatives of Pakistan and China. International Interdisciplinary Business-Economics Advancement Journal, 2(2), 104-114. https://www.doi.org/10.5038/2640-6489.2.2.1023

Creative Commons License

This work is licensed under a Creative Commons Attribution-Noncommercial 4.0 License