Silent features of CPEC:
The idea of developing a china Pakistan economic corridor (CPEC) was visualized by the Chinese premier Li Keqiang during his visit to Pakistan in May 2013, found a proper shape in the present visit of the president Xi.The proposed economic corridor will connect the north-western Chinese province of Xijiang through the network of roads measuring around 3000 km (Xinhua Net). The economic corridor will link China’s underdeveloped far western region to Pakistan ‘s Gawader deep-sea port on the Arabian sea via Pok through a massive and complex networks of roads,railways,business zones, energy scheme and pipelines.(Rediff News)) Chinese Government will support and finance Chinese Companies, to build $45.6 billion worth of energy and infrastructure project is part of CPEC and $33.8billions in energy and $ 11.8billions infrastructure will be completed in 2017 and deal includes $622 million for Gwadar port. According to CPEC agreement $15.5 billion worth of coal, wind ,solar and hydro energy project will add 10,400 megawatt of energy to the national grade of Pakistan.(Reuter:21 November 2014.
This project will provide Pakistan telecommunication and energy infrastructure and aim to improve intelligence sharing between both countries. China Government will also give grant to Pakistan in order to construct a new international airport in Gwadar and will be operational by December 2017.CPEC project upgrades transportation infrastructure, railway system, roads,
According to this treaty, dry port of Lahore (Pakistan) can easily accessible to Afghanistan for trading purpose and Afghanistan can use this port for trading goods to India. During late 90s and early 2000s, there was a huge trading of different good and services from Pakistan to Afghanistan. Economists find that the chief reason for this massive trading between these two neighbouring countries is that they share common border with each other. A smooth road name Torkhum Highway connects Pakistan with Afghanistan. From Peshawar, one of the major cities of Pakistan, Afghanistan is just 4-5 hours’ drive. Therefore it is very easy to trade goods and services to Afghanistan. Freight cost is minimum due to which Pakistani products are sold at lower prices in Afghanistan and because of lower prices the demand for Pakistani products is very in
Did you know originally the Silk Road was made to trade silk with in the Chinese Empire. Marco Polo was one of the first people to travel to China along the Silk Road. The two countries I will be focusing my research on are China and India, but also a part of the Silk Road was Asia Minor, Mesopotamia, Egypt, the African continent, Greece, Rome, and Britain. In this essay, you will be learning what was introduced to both China and India, how the Silk Road affected China, and how India was affected by the Silk Road.
Since the fall of communism in Russia and the end of the Cold War, China started to rise as a significant power and to this day holds the title as the world’s fastest growing economy. With that advancement, China has become an influential global player in international politics and the economy; moreover, causing many countries, developed and developing, to raise a serious level of concern and interest to the rapid development of China. In particular, Canada is now back to establishing to be on better terms with China, after Harper’s playing hard to get approach, we must work even harder in becoming a part of China’s inner circle of trade partners. Moreover, Mr. Harper at first tried an activist approach, criticizing and accusing China of poor
Chinese cooperation with Pakistan has reached economic high points, with substantial Chinese investment in Pakistani infrastructural expansion. Pakistan has served as China's main bridge between Muslim countries. By facilitating the 1972 Nixon visit to China Pakistan played an important role in the communication gap by bridging it between China and the West. The relationship between China and Pakistan has been described by Pakistan's ambassador to China as higher than the mountains, deeper than the oceans, stronger than steel, dearer than eyesight, sweeter than honey, and so
In 1971, The People’s Republic of China established their first free enterprise zone, or as they call it “special economic zones”. China’s purpose was not so much based on the advantage of creating more jobs, but instead was
One of the world's largest collections of oil fields lies beneath the great Caspian Sea. However, as the sea is landlocked, oil transportation to the West poses a complication. Previously, all the transportation routes for oil transport from this area were constructed through Russia but their usage became inconvenient with the collapse of the Soviet Union as Russia declined to participate in any such activities ("BP/BTC Pipeline Project"). The option of transport through Iran was also considered inappropriate due to the growing conflicts between the American and Iranian governments. So the idea of construction of oil and gas pipelines through central Asia was proposed and greatly appreciated. With this aim, a collection of different foreign oil companies under the leadership of British Petroleum (BP) signed the 'contract of the century'; a 30 year agreement with the leading oil company in Azerbaijan that is SOCAR. According to the agreed terms and conditions, an average of 80,000 barrels of oil was to be produced on daily basis (Babali 2005) (Bagirov 1994). BP was also given responsibility for the development and improvement of the oil fields in the rest of the Caucasian region, which was likely to contain almost 5.4 billion barrels of oil reserves (Bagirov 1994).
Yahuda points out, significantly, that only with the Cold War coming to a close, did China start to develop policies aimed at working together with other regional states in order to steer the country in the right direction and towards growth. It is within only the last 25 years following, has China implemented the foreign policies that have allowed more foreign investment than ever before. This foreign investment has both fueled China’s development and had a significant role in allowing for even more outside influence to enter China. Along the fall of the Soviet Union, the largest hurdle to the worldwide spread of Capitalism faded as well. With this, a new era of globalization was ushered in. As a result of both globalization and the adoption of new economic and trade policies, China was able to flourish (Yahuda 2011, 183). Though globalization was seen as
There is no country in the history that has developed so fast in just twenty years like China has emerged since 1980s. Today, China is the second largest oil buyer and the fourth largest oil producing state in the world (China Energy Profile, 2010). Energy demand in China is increasing every day, especially in oil. Its own production is below 49%, i.e. 3.9 million barrels per day, so to fill the domestic shortage; China is hunting for partners around the globe. CNPC administer and manage oil and gas production and examination, field engineering and other technical services based on petroleum. The company operates in more than seventy countries with 130 subsidiaries in 29 states and its aim is to expand to every continent.
As Burma seeks to distance itself from China, despite Burma’s failed engagement on the energy front, India may very well be destined to be the major beneficiary. Burma has been grateful that India has focused on education, provision of technology and services, and infrastructure just as much as it has focused on energy (Maini, 2014). With all things considered, China virtually has monopoly over Burma’s offshore gas fields. Its economic and political engagement in Burma is greater than any other country in the world beyond comparison.
The most relevant work for the question of this thesis is the book of Dr. Nasser M. al-Tamimi—China-Saudi Arabia Relations, 1990-2012 (2014)—which not only discuss China’s Middel East policy towards Saudi but also Saudi’s Eastward strategy in the 21st century. Dr. al-Tamimi’s piece offers a comprehensive look into the Sino-Saudi relationship in the post-Cold War era, where when the Chinese economy finally started booming as well as its energy needs surging under Deng Xiaoping’s economic reform. According to his book, al-Tamini indicates that the mutual relation between the two countries would likely to continue progressively based on the ever growing energy consumption in the East. This view is proceeded from al-Tamimi’s earlier work— ‘China Saudi Arabia relations : economic partnership or strategic alliance?’ which published as discussion paper by the HH Sheikh Nasser Al-Sabah Programme in Durham University. And in both works, the author has suggested the Sino-Saudi connection at this moment would only focuses on trading cooperation but keeps a low profile in political engagement.
In this paper, focus on the risks and challenges in the process of construction of CPEC. There are lot of studies about the importance of CPEC, benefits and impact on future economy of both countries. This paper attempts to explain the challenges, due to security issues, culture difference between china and Pakistan, energy issue in Pakistan, political, conflict in Balochistan, tribal issues, and external pressure. At the End then analysis the significance of further cultural communication and cooperation between two countries , finally this paper discuss some specific measures of cultural communication and cooperation, solution for strategy risk management from the perspective of spatial production , and the strategic risk of corridor, and about all other issues.
Nevertheless, another research paper has given a broad perspective on why China want promote its new Silk Road plan especially in Southeast Asia Position. The book titled“ China’s Belt and Road and Southeast Asia: Challenges and Prospect” which was written by Alvin Cheng-Hin Lim has drawn a clear idea. The author wrote that China has several reasons to promote the new Silk Road. Firstly, China wants to reduce the cost of transporting goods. This is because such improvements will affect all cargo using these
Let me guide you a little about myself, my name is Sergey Mikaelian and I am from st. Petersburg Russia. These days we are working with Pakistan on many projects. Unfortunately right now I am unable to disclose our projects details to you as you can understand the privacy maters etc …
At the 2012 ‘Heart of Asia’ conference Indian intended to support Afghanistan and integrate it into the regional economy through a two lead confidence building measure. India can take a leading position in facilitating trade and commerce opportunities for Afghanistan and the region. The ‘New Silk Road’ narrative where Afghanistan will regain its role as a land bridge between south, central, middle east and Eurasia has some traction in India. If relationship between India, Pakistan is sorted out Afghanistan can be a beneficiary and become a hub for trade, transportation and energy in the region. India hosted an investment summit in Afghanistan in 2012, inviting other Asian countries which sought opportunities to invest in Afghanistan.The emerging sectors highlighted by India as being very productive ‘mining, infrastructure, telecom, agro based and small scale industries,health,pharma.education and IT’. While India shares security concerns about Afghanistan Future ,it is keen to play a role in ensuring a more optimal outcome post 2014.India is especially interested about the lucrative mining industries in Afghanistan.The US government estimated Afghanistan’s mineral wealth at $1 trillion, while Afghan government estimates it to be $3 trillion.
Nothing brings foes together like the good old-fashioned lust for fossil fuels, but the shelf life of such makeshift alliances is hard to predict. The TAPI gas pipeline planned from Turkmenistan to India, by way of Afghanistan and Pakistan, will be a litmus test for the persuasive power of positive economics over set geopolitical agendas. It may seem like a no-brainer that TAPI is great news for energy starved South Asia, but it risks becoming a coercive tool to strong-arm downstream partners when relations sour.