Abstract

This chapter offers a critical overview of the Belt and Road Initiative (BRI), which is a Chinese development strategy that focuses on economic, cultural and political cooperation between China and the world through the land-based and maritime Silk Road. In particular, it discusses the Pakistani section of the BRI, known as the China Pakistan Economic Corridor (CPEC). The chapter discusses the financial and other aspects of CPEC, highlights its significance for China and Pakistan, and also outlines some key issues and challenges.

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