China Pakistan Economic Corridor (CEPC) is an initiative taken by a Chinese and Pakistani Govt. It a part of China’s One Belt One Road initiative (OBOR), CPEC is creating to boost trade between China and Pakistan and by this route, China can by-pass oceans. The CEPC plan involves constructing a network of transport, energy, industrial and agricultural projects that will stretch around 2,700 KM. from Gwadar port in Pakistan to Chinas Xinjiang. CPEC can help Pakistan to increase its export and boost its economy, as the trade between China and Pakistan can become more comfortable. It will connect two ports of Pakistan with China via roads and rails. CPEC will make across Pakistan and connect to China. So why did these projects will create problem to Pakistan we will discuss this in the Blog. 1. Overspending on CEPC – ...
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