This book has come up with the most up-to-date, comprehensive and objective analysis of China's investments in Pakistan under the China-Pakistan Economic Corridor, a flagship project of the Belt and Road Initiative. It covers the broad range of Sino-Pakistan relations in the backdrop of Pakistan's complex political, governance, security, socio-environmental and technological challenges that hinder implementation of CPEC projects. Backed by robust empirical evidence, a unique feature of this volume is that it demystifies several myths about CPEC concerning 'debt-trap' narrative, China's 'win-win' proposition and Pakistan's mantra of 'game changer' and 'fate changer'. By examining Chinese infrastructure-building initiative vis-à-vis competing economic initiatives such as the US/G7-led Partnership for Global Infrastructure Investment, the Global Gateway strategy of the European Union, and the India-Middle East-Europe Economic Corridor of the G20, a distinctive significance of this book is that it aptly situates the implications of China's growing role in Pakistan in broader regional and global context.

Provides an updated overview of the issues Pakistan must address to reap the benefits of Chinese investments in the CPEC Offers new, nuanced knowledge on the nature of the CPEC, debunking misconceptions that support and oppose the project Compares the BRI to competing infrastructure initiatives, contextualizing the implications of the project globally

Autorentext

Dr Murad Ali is Head of the Department of Political Science, University of Malakand, Pakistan. He obtained his PhD from Massey University (New Zealand) and is a Humboldt fellow. He is the author of ‘The Politics of US Aid to Pakistan: aid allocation and delivery from Truman to Trump’ (Routledge, 2019).

Inhalt

Chapter 1: Introduction: China-Pakistan development partnership in the era of CPEC: new heights, great expectations.- Chapter 2: CPEC as a means of economic transformation: a low-hanging fruit or pie in the sky?.- Chapter 3: Conceptual and theoretical frameworks for the analysis of CPEC.- Chapter 4: The significance of CPEC for China's global transformation.- Chapter 5: CPEC and Pakistan's complex and weird political and security challenges.- Chapter 6: China's BRI and major powers' responses: a new era of transnational cooperation or a New Great Game?.