Description

This book has come up with the most up-to-date, comprehensive and objective analysis of China's investments in Pakistan under the China-Pakistan Economic Corridor, a flagship project of the Belt and Road Initiative. It covers the broad range of Sino-Pakistan relations in the backdrop of Pakistan's complex political, governance, security, socio-environmental and technological challenges that hinder implementation of CPEC projects. Backed by robust empirical evidence, a unique feature of this volume is that it demystifies several myths about CPEC concerning 'debt-trap' narrative, China's 'win-win' proposition and Pakistan's mantra of 'game changer' and 'fate changer'. By examining Chinese infrastructure-building initiative vis-à-vis competing economic initiatives such as the US/G7-led Partnership for Global Infrastructure Investment, the Global Gateway strategy of the European Union, and the India-Middle East-Europe Economic Corridor of the G20, a distinctive significance of this book is that it aptly situates the implications of China's growing role in Pakistan in broader regional and global context.