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The Dragon from the Mountains - The CPEC from Kashgar to Gwadar (Hardcover)
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Discovery Miles 22 110
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The Dragon from the Mountains - The CPEC from Kashgar to Gwadar (Hardcover)
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China has promised to invest more than $60billion in Pakistan, in
roads, rail, energy and a deep-water port at Gwadar. This is
unprecedented relative to decades of minimal foreign direct
investment (FDI) entering Pakistan. This is the China-Pakistan
Economic Corridor (CPEC). Support for CPEC in Pakistan is
widespread and encompasses much of academia, the military, the
mainstream political leadership, and civil society. Supporters
argue that CPEC offers the potential to transform Pakistan and
support rapid, equitable and sustainable economic growth.
Detractors of CPEC argue that it will more likely tip Pakistan into
a dependent debt-relationship with China and that it will
facilitate more Chinese imports into Pakistan posing a threat to
Pakistan's industrial base. This book utilises an in-depth
understanding of economic change in contemporary China and
Pakistan, and economic theory and studies of big infrastructure
projects from the contemporary and historical world to evaluate
these contrasting views about CPEC.
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