Entries tagged "China-Pakistan Economic Corridor"

  • Experts Muse U.S. CPEC Stance | Nov. 9, 2020, 9:15 a.m.

    The announcement of U.S. President-elect Joe Biden has led to speculation about the new administration's approach to the $60 billion China-Pakistan Economic Corridor, a flagship project of China's Belt and Road Initiative that has previously been criticized by the U.S. for a lack of transparency.

  • Pakistan Upgrades Kashmir Status | Nov. 2, 2020, 9:32 a.m.

    Pakistan's prime minister, Imran Khan, has announced that Islamabad will give Gilgit-Baltistanat provisional provincial status. The region is at the heart of the $65 billion China-Pakistan Economic Corridor and includes part of Pakistan-India-disputed Kashmir.

  • Pakistan: $6.8B BRI Rail Slows | Oct. 27, 2020, 9:29 a.m.

    China is reluctant to finance the Main Line 1 railway, the largest Belt and Road Initiative (BRI) project in Pakistan, at the 1 percent interest rate requested by Islamabad, which will likely delay the project's anticipated January 2021 start date, Nikkei reports.

  • Pakistan: Islands Spark BRI Fears | Oct. 13, 2020, 9:44 a.m.

    Pakistan's federal government has initiated land reclamation and urbanization efforts on the islands of Bundal and Bhuddo, which were previously under the administration of Sindh province, sparking concern among local politicians that the islands could be sold to China as part of the China-Pakistan Economic Corridor.

  • Gwadar: China's Potential Strategic Strongpoint in Pakistan | Sept. 28, 2020, 11:21 a.m.

    This case study of Gwadar port, part of a series on China’s Indian Ocean “strategic strongpoints” (战略支点), reveals that while Gwadar may one day serve as a major platform for China’s economic, diplomatic, and military interactions across the region, as of August 2020 it remains largely underdeveloped and underutilized.

  • Pakistan: Taliban Threatens CPEC | Sept. 9, 2020, 8:26 a.m.

    Pakistan's leading Taliban group has announced the reunification of several breakaway factions which experts believe could pose risks to Chinese-funded projects along the China-Pakistan Economic Corridor, including the Karakoram Highway Phase II, the Suki Kinari Hydropower Station, and the Havelian Dry Port, Nikkei reports.

  • Pakistanis Protest Chinese Fishing | Sept. 1, 2020, 8:19 a.m.

    Fishermen at Pakistan's Gwadar Port, part of the China-Pakistan Economic Corridor, are protesting an incoming fleet of 20 Chinese deep-sea trawlers off Sindh and Baluchistan provinces which they fear could further deplete Pakistan's dwindling marine resources, Nikkei reports.

  • China Pushes CPEC via Afghanistan | Aug. 25, 2020, 8:18 a.m.

    Pakistan has reopened two closed border crossings and opened three new ones with Afghanistan at China's urging in a move that experts believe is intended to extend the China-Pakistan Economic Corridor (CPEC) into Afghanistan, Nikkei reports.

  • Pakistan: China Re-ups $2B Coal Plant | Aug. 20, 2020, 11:01 a.m.

    Beijing has relaunched a $2 billion coal mine and power project in southeastern Pakistan amid rising tensions with Austalia, China's largest source of imported coal.

  • Pakistan-Saudi Arabia Relations Struggle Over Kashmir | Aug. 10, 2020, 8:05 a.m.

    Pakistan, with the help of a Chinese loan, repaid a $1 billion Saudi loan last week and asked for their support on the Kashmir issue, although Saudi Arabia is reluctant to become entangled in the efforts of Pakistan and China to contain India, Nikkei reports.

  • Pakistan Approves $6.8B CPEC Rail | Aug. 6, 2020, 9:15 a.m.

    Pakistan's top economic body on Wednesday authorized a $6.8 billion railway upgrade, its costliest project to date as part of the China-Pakistan Economic Corridor (CPEC), Nikkei reports.

  • Pakistani Separatists Oppose CPEC | Aug. 3, 2020, 9:11 a.m.

    Following an attack on Pakistan's stock exchange in June, Baloch and Sindhi separatist groups have announced an alliance ostensibly aimed at attacking projects along the China-Pakistan Economic Corridor (CPEC), a move that is likely to increase security costs for the flagship route of China's Belt and Road Initiative (BRI), Nikkei reports.

  • China Funds Pakistan Hydropower Deal | July 6, 2020, 8:05 a.m.

    China, Pakistan and the Kohala Hydropower Company, a subsidiary of China Three Gorges Corporation, have signed a $2.4 billion deal for the construction of a 1,124-megawatt hydropower plant in disputed Kashmir, Nikkei reports.

  • Attack on BRI in Pakistan | June 29, 2020, 9:02 a.m.

    Eight people were killed Monday when members of the Baloch Liberation Army (BLA), which is openly opposed to China's Belt and Road Initiative (BRI), attacked the Pakistan Stock Exchange following the recent acquisition of a 40 percent stake in the Exchange by Chinese investors, Nikkei reports.

  • Pakistan Cuts BRI Budget | June 19, 2020, 10:02 a.m.

    Pakistan has reduced its annual allocation to the China-Pakistan Economic Corridor (CPEC) from $241 million last year to $159 million in the budget running to June 2021, Nikkei reports.

  • China to Build Dam in Kashmir | May 26, 2020, 9:06 a.m.

    Pakistan has entered a joint contract venture with China to build a dam in Kashmir, increasing the country's financial ties to China and igniting new tensions with India, Nikkei reports.

  • Pakistan Bans Party Critical of CPEC | May 21, 2020, 9:05 a.m.

    Pakistan has outlawed a political party critical of the China-Pakistan Economic Corridor (CPEC), a flagship project of China's Belt and Road Initiative, signaling the country's strong ties to Beijing, Nikkei reports.

  • CPEC Construction to Resume | April 23, 2020, 11:37 a.m.

    Despite the pandemic, construction along the China-Pakistan Economic Corridor (CPEC) has been ordered to resume, Nikkei reports.

  • COVID Slows BRI Workers, Materials | April 14, 2020, 1:54 p.m.

    The economic costs of the Covid-19 outbreak may limit the influence of China's Belt and Road Initiative (BRI), as the virus halts the flow of workers and materials for BRI projects outside of China, Nikkei reports.

  • The China-Pakistan Economic Corridor at Five | April 2, 2020, 9:55 a.m.

    The China-Pakistan Economic Corridor (CPEC), a flagship of China’s Belt and Road Initiative (BRI) that was officially launched in April 2015, promised transformational gains. The CSIS Reconnecting Asia Project collected open-source data to analyze the initiative's progress five years later.

  • Pakistan Signs New CPEC MoUs | March 23, 2020, 9:17 a.m.

    Pakistan and China recently signed new memorandums of understanding (MoUs) under the China-Pakistan Economic Corridor (CPEC) during President Arif Alvi's visit to China, but experts doubt China's willingness to substantially increase economic assistance to Pakistan, including to combat the coronavirus outbreak, Nikkei reports.

  • Gwadar Port City Criticized | March 2, 2020, 9:32 a.m.

    The Gwadar Smart Port City Masterplan, part of the China-Pakistan Economic Corridor, has attracted criticism due to lack of transparency and aims that some experts call unrealistic. The plan estimates over 2000 percent population growth by 2050 and will require more than $648 million for basic infrastructure alone, Nikkei reports.

  • Coronavirus Halts BRI in Pakistan | Feb. 3, 2020, 9:29 a.m.

    Fears of the new coronavirus spreading to Pakistan have delayed projects along the China-Pakistan Economic Corridor in Lahore and South Punjab, including work on the Orange Line Metro Train, Nikkei reports.

  • Strategic Implications of the China-Pakistan Economic Corridor | Jan. 29, 2020, 11:43 a.m.

    China’s growing military ambition in South Asia is matched in financial terms by its Belt and Road Initiative, including the China-Pakistan Economic Corridor. What remains unclear is how the U.S. should navigate the new dynamic. This report addresses the question of how the India-Pakistan rivalry will play into the emerging great power competition.

  • Afghanistan Uses CPEC Port | Jan. 23, 2020, 9:22 a.m.

    Afghanistan recently began shipping goods through Pakistan's Gwadar Port, part of the China-Pakistan Economic Corridor, in a development experts believe may increase Kabul's participation in China's Belt and Road Initiative, Nikkei reports.

  • Pakistan Pursues CPEC Stability | Jan. 14, 2020, 1:13 p.m.

    In the wake of rising regional tensions due to conflict with Iran, Pakistan is working to maintain stability and advance progress on the China-Pakistan Economic Corridor, Nikkei reports.

  • CPEC Moves to Phase II | Jan. 8, 2020, 9:29 a.m.

    Pakistan’s Minister for Economic Affairs says that phase two of the China Pakistan Economic Corridor, which began January 1, will address the trade deficit caused by phase one with an expanded free trade agreement and an increased focus on industrialization and socio-economic development, Nikkei reports.

  • India Concerned about CPEC | Nov. 26, 2019, 10:43 a.m.

    The China-Pakistan Economic Corridor is of significant concern to India, which views the corridor as a violation of its sovereignty, according to India’s Minister of External Affairs Subrahmanyam Jaishankar. However, in an interview with Nikkei, Jaishankar did not criticize the broader Belt and Road Initiative, stating that each country has the right to its own policies.

  • Pakistan Seeks Iran, Saudi Involvement in CPEC | Nov. 25, 2019, 9:28 a.m.

    In in effort to make the costly China-Pakistan Economic Corridor profitable, Islamabad is encouraging nearby countries like Iran and Saudi Arabia to participate in the initiative alongside China, Nikkei reports.

  • China Seeks Afghan Participation in BRI | Oct. 28, 2019, 9:17 a.m.

    Starting today in Beijing, China will begin brokering peace talks among rival Afghan factions in hopes of increasing stability in the region and furthering the reach of its Belt and Road Initiative in Central Asia, Nikkei reports.