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economic corridor

What Is an Economic Corridor?

In November 2016, the China-Pakistan Economic Corridor (CPEC) was declared open as the first truckload of Chinese goods reached Gwadar Port for international shipment. CPEC is one of six economic corridors (ECs) Chinese president Xi Jinping has announced as part of the country’s Belt and Road Initiative. In response, India and Japan have teamed up to develop an ambitious economic corridor of their own: the Asia-Africa Growth Corridor. As Asia’s powers advance competing visions for connectivity, it is important to understand what this amorphous concept entails.