As Financial Hurdles Hit CPEC, What’s in Store for Pakistan?
August 11, 2018
Research Assistant IDSA, Ms Chithra Purushothaman article on the future of The China-Pakistan Economic Corridor (CPEC) and its consequence on Pakistan, titled ‘As Financial Hurdles Hit CPEC, What’s in Store for Pakistan?’ was published in South Asian Voices on August 11, 2018.
Though shared interests drive CPEC, financial confusion and concerns about delays are slowly changing the narrative into a purely cost-benefit analysis for both China and Pakistan– it is more daunting for Pakistan because of its mounting debt crisis, making it increasingly dependent on loans from China. While reports suggest that Pakistan and China are carefully assessing the debt issues related to CPEC, it would behoove Pakistan’s incoming government to learn from the Sri Lankan experience and be wary of opaque deals, suggests the article.
