Facts vs Fiction

GDP Growth $62 billion to be added to the economy, 20% of the total GDP of Pakistan. Pakistan’s GDP growth rate increased from 4.7% in 2015 to 5.4% in 2016 (World Bank) Pakistan total GDP has increased from $244 billion in 2014 to more than $ 300 billion in 2017(World Bank)  $13 billion will be added to Pakistan’s GDP by…

I. Background The China Pakistan Economic Corridor (CPEC) is a major and pilot project of the Belt and Road Initiative and one major platform for comprehensive and substantive cooperation between China and Pakistan. CPEC is an important consensus reached by the two countries. The Chinese leaders attach great importance to the development…

The China Pakistan Economic Corridor (CPEC), as a pilot project of the “Belt and Road” Initiative, was officially launched in 2013. President Xi Jinping, during his visit to Pakistan in April 2015, noted that the CPEC construction should play a leading role in the practical cooperation between the two countries, and determined…