European Academic Research ISSN 2286-4822
ISSN-L 2286-4822
Impact Factor: 3.4546 (UIF)
DRJI Value : 5.9 (B+)
Article Details :
Article Name :
Socio-Economic Impacts of China-Pakistan Economic Corridor on Pakistan and China Economy
Author Name :
ARSHAD ULLAH JADOON, MUHAMMAD IMRAN KHAN, MUHAMMAD KAMRAN KHAN, YECHI MA
Publisher :
Bridge Center
Article URL :
Abstract :
Pakistan and China have signed to make one road one belt project is known as China-Pakistan Economic Corridor and it is hoped that this project will be the source of prosperity and peace in South Asia. This length of this project is approximately 2395 km from Kashgar China to Gwadar port of Pakistan. There are several external and internal challenges of Pakistan that can be resolved by multidollars projects. Anyhow, this project is a game changer and it will change the fate of Pakistan and modernized the Pakistan. It will enhance the trade and economy, develop infrastructure, regional connectivity, overcome energy crises, and developed the contacts of peoples in both countries. Keeping in mind all these perspectives, this paper has discussed the socio-economic impact of China-Pakistan Corridor on China and Pakistan Economy. Further research can be undertaken on the fundamentals of economic corridor development with regards to cultural, historical, environmental and economic commonalities and complementarities, recognition of industrial hubs of the area, the links of these industrial hubs to different plans and production series.
Keywords :
CPEC, Pakistan, China.

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