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China-Pakistan Economic Corridor (CPEC)
Context
Pakistan’s Prime Minister Shehbaz Sharif is visiting China because China is Pakistan’s biggest ally, and they're expected to announce the second phase of the China-Pakistan Economic Corridor (CPEC).
What is the CPEC and why is it significant?
- The CPEC is a $62-billion project started in 2015 by China to invest in infrastructure projects in Pakistan.
- Objective: to connect China's Xinjiang region with Pakistan's Gwadar and Karachi ports.
- It is part of China's Belt and Road Initiative (BRI).
- It's important because it helps China expand its influence and gives it direct access to the Indian Ocean through Pakistan.
- First phase of CPEC: In the first phase, some power projects and transport projects were completed, but progress has been slow overall, with many projects not yet started or completed.
Controversies surrounding CPEC
- Ecological and Human Security Concerns: Since 2015, people are worried about how CPEC could harm Balochistan's environment and the safety of its residents.
- Debt Trap Allegations: Some say CPEC might trap Pakistan in debt, and they doubt if the benefits are fairly shared.
- Security Issues: Attacks on Chinese workers by local groups have strained China-Pakistan relations.
- Indian Opposition: India stands against the CPEC, citing concerns over its impact on India's territorial integrity and sovereignty.
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