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Pakistan’s debt from China becomes burden as CPEC does not generate enough growth

16 May 2023 - by Abdul Khaliq

Since 2013, Pakistan’s historical relationship with China has taken on a geopolitical role through the launch of the China-led infrastructure connectivity project, the China-Pakistan Economic Corridor (CPEC), a key part of the Belt and Road (...)
China’s Overseas Investment in the Belt and Road Era

4 May 2023 - by Globalization Monitor

This report aims to provide an overview of some of the issues involved related to Chinese overseas investment and the consequences for recipient countries, the people and the environment. It is hoped that awareness can be raised with a view to (...)
The debt of integration: Montenegro’s Chinese loan and the traps of Europe

12 July 2021 - by Tijana Okić

The Balkans debt crisis continues to ravage the economies of the region, with Montenegro vainly turning to the EU for a bailout on multi-billion euro debts to Chinese contractors (Exim bank of China) on what is essentially part of the EU-imposed (...)
Unmasking the China-Pakistan Economic Corridor

16 May 2021 - by GRAIN

In 2018, China’s biggest agrochemical corporation, Sinochem Group Co, announced that it had conducted field trials of hybrid wheat varieties in 230 locations in Pakistan. Since intellectual property rights prevent farmers from saving hybrid (...)
The Domestic Consequences of China’s ‘One Belt One Road Initiative’

2 January 2019 - by Qian Benli

Currently, the prospects of China’s ‘One Belt One Road Initiative’ (hereinafter referred to as OBOR) are dim. An article published in the Financial Times in July this year pointed out that 234 out of 1,674 Chinese-invested infrastructure projects (...)
A critical look at China’s One Belt, One Road initiative

10 October 2018 - by Martin Hart-Landsberg

China’s growth rate remains impressive, even if on the decline. The country’s continuing economic gains owe much to the Chinese state’s (1) still considerable ability to direct the activity of critical economic enterprises and sectors such as (...)
Is Pakistan falling into China’s debt trap?

16 April 2018 - by Abdul Khaliq

• Pakistan will have to payback $100 billion to China by 2024 of total investment of $18.5 billion, which China has invested on account of bank loans in 19 early harvest projects, under CPEC. • China has become the biggest lender to Pakistan after (...)
China’s Overseas Expansion: An Introduction to its One Belt, One Road and BRICS Strategies

14 March 2018 - by Collective

Since China’s One Belt, One Road (OBOR) development strategy was first proposed in late 2013, it has increasingly attracted world attention as more and more countries have signed various cooperation agreements with China related to the project. (...)
Belt and Road Initiative (BRI) and the Least Developed Countries (LDCs)

18 December 2017 - by Sudhir Shrestha

When Belt and Road Forum (BRF) was held on May 14-15, 2017 in Beijing, four Least Developed Countries (LDCs), namely Cambodia, Ethiopia, Laos and Myanmar, sent their highest level of delegation as their support to the Belt and Road Initiative (...)
An introduction to the China-Pakistan Economic Corridor

24 November 2017 - by Robin Lee

While initial plans for the China-Pakistan Economic Corridor (CPEC) predate those of OBOR it has been given renewed impetus under it and has come to be described as a flagship OBOR project. Along with the Bangladesh-China-India-Myanmar Economic (...)
The Potential Belt and Road Debt Bubble: Are We Asking the Right Questions?

2 November 2017 - by John Hurley

During the recent IMF and World Bank meetings, all eyes were on China. As the US administration contemplates scaling back its global economic engagement, China is doing the exact opposite. A new report from AidData detailed how “China has gone (...)
Pakistan: CPEC - A “game-changer” or another “East India Company”?

21 March 2017 - by Abdul Khaliq

China-Pakistan Economic Corridor (CPEC) is a big business proposition with huge Chinese investments spreading over 15 years having a total outlay of up to $46 billion: $35 billion on the energy sector in the mode of IPPs (independent Power (...)