The China-Pakistan Economic Corridor (CPEC) includes projects ranging from western China to the southern tip of Pakistan. Energy projects account for more than 60 percent of CPEC’s roughly $62 billion in investment. Of these projects, about 70 percent of their planned energy capacity will be generated by coal-fired power plants. The rest is hydro (20 percent), solar (7 percent), and wind (3 percent). Pakistan’s energy needs are great, and its government aims to increase access to electricity from 67 to 90 percent of the population by 2025. However, decisions about increased energy output also need to be carefully weighed against potential environmental risks, including potential impacts on local protected species.
Jun 29, 2018
A close look at the characteristics of China’s port projects in the Indo-Pacific suggests that rather than resulting in “win-win” economic prosperity, they are generating political leverage, increasing Beijing’s military presence, and reshaping the strategic operating environment in China’s favor.
May 3, 2018
Seven CSIS experts unpack the economic and geostrategic implications of China’s infrastructure development across the Indo-Pacific region under the Maritime Silk Road.
Apr 3, 2018
A special report by Nikkei Asian Review and The Banker which leverages data from the CSIS Reconnecting Asia Project has found that China’s Belt and Road initiative holds considerable promise for countries in need of infrastructure investment along its route, however, participation has been hampered by challenges ranging from a lack of participation by local workers and banks to unmanageable debt hangovers.
Mar 28, 2018
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.
Mar 27, 2018