China in Europe
What is new about China’s Belt and Road is that it is more likely to succeed outside of Eurasia, leading to new opportunities but also unexpected challenges for Europe and the United States.
Tag CPEC
27 Items, Page 6 of 6
Vaporware in the China-Pakistan Economic Corridor
On November 13, a single Chinese ship bound for Africa left the newly-operational port of Gwadar in Balochistan, Pakistan. Pakistan’s Prime Minister Nawaz Sharif, presiding over the inauguration of the facility, described the event as a “watershed” moment. It was the final leg of a journey that started several weeks earlier, when a convoy of Chinese trucks carrying the goods crossed the border into Gilgit-Balistan, 2600 kilometers north. Prime Minister Sharif gave assurances that the China-Pakistan Economic Corridor (CPEC), of which Gwadar is the crown jewel, would materialize on schedule.