Aug 28 , 2018
Newly-appointed Pakistani Prime Minister Imran Khan has two realistic options: to further inflate the country’s Chinese debt, or to look to the International Monetary Fund for a bailout for the 15th time since the 1980s. Both options have serious drawbacks.
Jun 26 , 2018
President Trump’s decision to lift sanctions on ZTE may have been due to China’s announcement of retaliatory tariffs on agricultural goods: tariffs that significantly impact the livelihoods of the U.S. farming community, one of Trump’s biggest supporters.
Mar 13 , 2018
Zainab Zaheer argues that with the Belt and Road’s development, the next few years may be slightly reminiscent of the Cold War, where two rival nations both well equipped with resources and manpower fought for influence and dominance, while smaller nations were left playing a game of strategy, trying to maximize the benefits of fraternizing with giants.
Jan 30 , 2018
It’s no secret that Pakistan and China have recently strengthened their long-standing relationship. With preparations for the China-Pakistan Economic Corridor well underway, ties between Beijing and Islamabad seem to be stronger than ever. According to a senior economist in Karachi, “As the U.S. looks inward, China is reaching out.”
Nov 30 , 2017
On November 14, 2017, Pakistan dropped its bid to have the Diamer-Bhasha Dam financed under the China-Pakistan Economic Corridor (CPEC) framework. The current Chairman of Pakistan’s Water & Power Development Authority has claimed that the conditions stated by the Chinese for financing Diamer-Bhasha “were not doable and against our interests.” These conditions included the Chinese ownership of the project, including operation and maintenance, and the securitization of the Diamer-Bhasha project by pledging another operational dam.