SIGNIFICANCE OF CPEC FOR CHINA AND PAKISTAN A COMPARATIVE ANALYSIS
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Abstract
China Pakistan Economic Corridor (CPEC) is a promising initiative for Pakistan’s economic growth and development in next few decades. It appeared as a fresh start in light of country’s domestic issues, such as failing economy, extreme corruption, severe political crisis and inefficient security environment. Pakistan is likely to extract maximum benefits through CPEC in the areas of governance, economic growth and socio-political stability. However, minimum attention has been paid on the advantages generated by CPEC for China. Only few researches highlight the economic, political, geostrategic and social gains drawn by China through CPEC in detailed manner. Hence, in this study, an attempt has been made to compare and analyse the advantages of CPEC for the both China and Pakistan. Through comparative analysis, it has been tried to differentiate the extent of benefits and integrity of CPEC in next few decades for both countries. Unfortunately, Pakistan seems to generate considerably low rewards from CPEC as compare to China
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References
REFERENCES
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Ferdinand, P. (2016). Westward ho–The China Dream and ‘One Belt, One Road’: Chinese Foreign Policy under Xi Jinping.” International Affairs 92(4), 941-57.
Gal, L. (2016). It Takes a Road: China’s One Belt One Road Initiative: An American Response to New Silk Road.Potomac: Institute for the Analysis of Global Security.
Garver, J. W (2006). Development of China's overland transportation links with Central, South-West and South Asia."The China Quarterly,185, 1-22.
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Hamid, N. & Hayat, S. (2012). The Opportunities and Pitfalls of Pakistan‘s Trade with China and Other Neighbours. The Lahore Journal of Economics, 17, 271-292.
Hamzah, R. & Maini, T. S. (2016). The China-Pakistan Economic Corridor: Strategic Rationales, External Perspectives, and Challenges to Effective Implementation. Washington DC: Stimson Centre.
Hans-Peter, B. (2013). What Is Economic Corridor Development and What Can It Achieve in Asia's Sub-regions?Asian Development Bank Economics Working Paper Series117.
Hussain, F., & Hussain, M. (2017). China-Pak Economic Corridor (CPEC) and Its Geopolitical Paradigms, International Journal of Social Sciences, Humanities and Education, 1(2), 1-17.
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Schwemlein, J.(2019). Strategic Implications of the China-Pakistan Economic Corridor. Washington, DC: United States Institute of Peace.Shah,
A. R. (2018). How Does China–Pakistan Economic Corridor Show the Limitations of China's ‘One Belt One Road’Model,Asia & the Pacific Policy Studies,5(2), 378-385.
Shahnawaz, M.S. (2011). China and South Asia: Threats, Strategies, Cooperation and Expectation, Pakistan Horizon, 64(2),65-80.
Sial, S. (2014). The China-Pakistan Economic Corridor: An Assessment of Potential Threats and Constraints. Conflict and Peace Studies,6(2), 11-40.
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CPEC –Corridor of Uncertainty.” Herald. Retrieved fromhttps://herald.dawn.com/news /1153330
Small, A.(2015). The China Pakistan Axis: Asia’s New Geopolitics. Gurgaon: Penguin Random House India.
South China Morning Post (2014, February 29). China and Pakistan Pave Way for ‘Economic Corridor’ Retrieved from http://www.scmp.com/ news/china/article/1431218/china-and-pakistan-pave-way-economic-corridorStoopman,
J.T.W. (2015). CPEC: Forging a Common Destiny, In Proceedings of International Conference on CPEC, GC University, Lahore
Tiezzi, S.(2014February 20).China, Pakistan Flesh OutNew ‘Economic Corridor,The Diplomat. Retrieved fromhttps://thediplomat.com/2014/02/china-pakistan-flesh-out-new-economic-corridor/
Vandewalle, L.(2015). In-Depth Analysis: Pakistan and China: ‘Iron Brothers’ Forever? Belgium: European Parliament.
Warraich, N. A.(2015). Development of International Law for regional stability and Security vis-à-vis the China-Pakistan Economic Corridor.In Proceedings of International Conference on CPEC(19-22),
GC University, Lahore.Willasey-Wilsey, T. (2016January 28). Gawadar and ‘The String of Pearls’.” Gateway House. Retrieved fromhttp://www.gatewayhouse.in/gwadar-and-the-string-of-pearls-2/
Xie, X., Ma, C. Li, J. (2015). Research on employment opportunities under the framework of China Pakistan Economic Corridor.InProceedings of International Conference on CPEC(108-113),GC University, Lahore.
Yan, X. (2014February 27). Silk Road Economic Belt Shows China’s New Strategic Direction: Promoting Integration with its Neighbors,Carnegie-Tsinghua Center for Global Policy.
Zhiqin, S.& Yang, L.(2016December 21). The Benefits and Risks of the China-Pakistan Economic Corridor. Carnegie-Tsinghua Center for Global Policy.
Akber, A.(2015). China Pakistan Economic Corridor (CPEC): Prospects and Challenges for Regional Integration, International Journal of Social Sciences and Humanity Studies7(1), 1-15.
Andersen, L. E. & Jiang, Y. (2018). China's Engagement in Pakistan, Afghanistan and Xinjiang: Will China's Root Cause Model provide regional stability and security? In
China’s engagement in Pakistan, Afghanistan and Xinjiang. Danish Institute for International Studies.
Arif, K. (1984). Document on China-Pakistan Relations. Lahore: Vanguard Books.Bindra,
S. S. (2009). Chinese Strategy in South Asia, The Indian Journal of Political Science, 70(4)1163-1178.
Calabrese, J. (2014-2015). Balancing on ‘the Fulcrum of Asia: China’s Pakistan Strategy, Indian Journal of Asian Affairs 27/28(1/2),1-20.
Chaudhri, M. A. (1970). Pakistan and the Great Powers. Karachi: Council for Pakistan Studies.
Dwivedi, S. (2015). The Rise of China: Pakistani Perspectives."Griffith Asia Quarterlym3(1), 20-37.
Ferdinand, P. (2016). Westward ho–The China Dream and ‘One Belt, One Road’: Chinese Foreign Policy under Xi Jinping.” International Affairs 92(4), 941-57.
Gal, L. (2016). It Takes a Road: China’s One Belt One Road Initiative: An American Response to New Silk Road.Potomac: Institute for the Analysis of Global Security.
Garver, J. W (2006). Development of China's overland transportation links with Central, South-West and South Asia."The China Quarterly,185, 1-22.
Goswami, B. N. (1971). Pakistan and China: A Study of Their Relations. New York: Allied Publishers.
Hamid, N. & Hayat, S. (2012). The Opportunities and Pitfalls of Pakistan‘s Trade with China and Other Neighbours. The Lahore Journal of Economics, 17, 271-292.
Hamzah, R. & Maini, T. S. (2016). The China-Pakistan Economic Corridor: Strategic Rationales, External Perspectives, and Challenges to Effective Implementation. Washington DC: Stimson Centre.
Hans-Peter, B. (2013). What Is Economic Corridor Development and What Can It Achieve in Asia's Sub-regions?Asian Development Bank Economics Working Paper Series117.
Hussain, F., & Hussain, M. (2017). China-Pak Economic Corridor (CPEC) and Its Geopolitical Paradigms, International Journal of Social Sciences, Humanities and Education, 1(2), 1-17.
Hussain, K. (2017 June 21). Exclusive: CPEC Master Plan Revealed. Daily Dawn. Retrieved from https://www.dawn.com/news/1333101
Javaid, U. & Jahangir,A. (2015). Pakistan-China Strategic Relations: A Glorious Journey of 55 Years. Journal of the Research Society of Pakistan, 52(1), 57-183.
Jingjing, M. (2017 December 2). China-Pakistan Economic Corridor Aims to Boost Trade between Two Countries. Global Times.Retrieved from http://www.globaltimes.cn/content/1032560.shtml
Kabraji, R. (2012). The China-Pakistan Alliance: Rhetoric and Limitations. London: Chatham House.
Kayani, F., Ahmed, M., Shah, T. A. & Kayani,U. N.(2013). China-Pakistan Economic Relations: Lessons for Pakistan. Pakistan Journal of Commerce and Social Sciences, 7(3),454-462.
Khan, M. Z., & Khan, M. M. (Summer 2019). China Pakistan Economic Corridor,” Strategic Studies, 39(2), 67-82.Khan, R. M. (2011). Pakistan-China Relations: An Overview. Pakistan Horizon, 64(4), 11-28.
Khan, S. S. (2011). Xinjiang, Tibet and the Pakistan-China StrategicPartnership, Pakistan Horizon,64(4), 67-83.
Kumar, A. (2006).China-Pakistan Economic Relations. Institute of Peace and Conflict Studies, Special Report, 30, 1-9.
Mariam, A. (2015). China-Pakistan Economic Corridor: A Test of Good Governance in Pakistan.In Proceedings of International Conference on CPEC Held at GC University, Lahore. 122-126.
Markey, D. S., & West, J. (2016). Behind China’s Gambit in Pakistan. Retrieved from https://www.cfr.org/expert-brief/behind-chinas-gambit-pakistan
Mirza, Z. L. (2016). Chinese Vision of One Belt One Road and Strategic Dimensions of China Pakistan Economic Corridor. Margalla Papers: 1-22.
Nasir, J. (2017 January 28). Mother China: A ‘Chinese Revolution’ Sweeps Across Pakistan. Herald. Retrieved fromhttps://herald.dawn.com/news/1153413
Omar, A. (2015). Fighting fire with water: Evaluating a CPEC-Based Human Security Approach to Fostering Stability in Balochistan.In Proceedings of International Conference on CPEC Held at GC University, Lahore. 12-18.
Rahman, S., & Zhao, S. (2017). Analysis of Chinese Economic and National Security Interests in China-Pakistan Economic Corridor (CPEC) under the Framework of One Belt One Road
Significance of CPEC for China & Pakistan: A Comparative Analysis (OBOR) Initiative,Arts and Social Sciences Journal,8(4),1-7.
Ramay, S.A.(2016). China Pakistan Economic Corridor: A Chinese Dream BeingMaterialized through Pakistan,Policy Brief. N.P Sustainable Development Policy Institute.
Sahar, S. Abbasi, I.A., & Kolachi (2019) Belt and Road Initiative. Asia Pacific, 37, 35-48.
Schwemlein, J.(2019). Strategic Implications of the China-Pakistan Economic Corridor. Washington, DC: United States Institute of Peace.Shah,
A. R. (2018). How Does China–Pakistan Economic Corridor Show the Limitations of China's ‘One Belt One Road’Model,Asia & the Pacific Policy Studies,5(2), 378-385.
Shahnawaz, M.S. (2011). China and South Asia: Threats, Strategies, Cooperation and Expectation, Pakistan Horizon, 64(2),65-80.
Sial, S. (2014). The China-Pakistan Economic Corridor: An Assessment of Potential Threats and Constraints. Conflict and Peace Studies,6(2), 11-40.
Siddiqui, A.H. (2014). Trade and Payments.” Pakistan Economic Survey, Retrieved fromhttp://finance.gov.pk/survey/chapters_14/08_Trade_and_Payments.pdf
Siddiqui, S.(2017April 12). CPEC Investment Pushed from $55b to$62b,The Express Tribune. Small, A.(2016February 10).
CPEC –Corridor of Uncertainty.” Herald. Retrieved fromhttps://herald.dawn.com/news /1153330
Small, A.(2015). The China Pakistan Axis: Asia’s New Geopolitics. Gurgaon: Penguin Random House India.
South China Morning Post (2014, February 29). China and Pakistan Pave Way for ‘Economic Corridor’ Retrieved from http://www.scmp.com/ news/china/article/1431218/china-and-pakistan-pave-way-economic-corridorStoopman,
J.T.W. (2015). CPEC: Forging a Common Destiny, In Proceedings of International Conference on CPEC, GC University, Lahore
Tiezzi, S.(2014February 20).China, Pakistan Flesh OutNew ‘Economic Corridor,The Diplomat. Retrieved fromhttps://thediplomat.com/2014/02/china-pakistan-flesh-out-new-economic-corridor/
Vandewalle, L.(2015). In-Depth Analysis: Pakistan and China: ‘Iron Brothers’ Forever? Belgium: European Parliament.
Warraich, N. A.(2015). Development of International Law for regional stability and Security vis-à-vis the China-Pakistan Economic Corridor.In Proceedings of International Conference on CPEC(19-22),
GC University, Lahore.Willasey-Wilsey, T. (2016January 28). Gawadar and ‘The String of Pearls’.” Gateway House. Retrieved fromhttp://www.gatewayhouse.in/gwadar-and-the-string-of-pearls-2/
Xie, X., Ma, C. Li, J. (2015). Research on employment opportunities under the framework of China Pakistan Economic Corridor.InProceedings of International Conference on CPEC(108-113),GC University, Lahore.
Yan, X. (2014February 27). Silk Road Economic Belt Shows China’s New Strategic Direction: Promoting Integration with its Neighbors,Carnegie-Tsinghua Center for Global Policy.
Zhiqin, S.& Yang, L.(2016December 21). The Benefits and Risks of the China-Pakistan Economic Corridor. Carnegie-Tsinghua Center for Global Policy.