![]() ![]() In which he prescribed to use the list of descriptive statistics about the promises of the CPEC with the combination of admiring claims about the potential of the CPEC. He also provide evidences about how to measure the success or otherwise of the CPEC using any precise method. The author questions that whether the investment in public sector will help to flourish the private investment or whether spending in numerous projects will generate employment for local workers and demand for locally produced products. Moreover it introduces the theoretical concept of the leading sector and asks whether the expansion of one economic sector such as infrastructure or energy, can generate sufficient affects to other sectors to boost the economic growth of the country. Finally, the author summarizes some of the key questions and findings in the chapters of the book. It then places the CPEC into five important background contexts that are the economic optimism the CPEC has generated in Pakistan the friendship between China and Pakistan the economic development of Pakistan since 1947 the evolution of China’s political economy since the death of Mao in 1976 and the global history of infrastructure projects. To summarize, this book addresses and explains the CPEC, what it is, how much it will cost and what are its geographical locations and time wise evolution of the project are. This book extensively describes the economic progress between China and Pakistan, economic theory, infrastructure projects from the historical and contemporary world that are the main inspiration of this discussion. ![]() However some critics mentioned that it will more likely a debt trap for Pakistan and it will also pose a threat to the industrial base of Pakistan by the huge imports of China. Those who are in favor of this debate argue that CPEC has the ability to sustain and transform the economic prosperity of Pakistan. ![]() This investment in Pakistan has generated a debate whether this circulation of investment is an economic savior for Pakistan or a debt trap? Popularity of China Pakistan Economic Corridor (CPEC) in Pakistan engaged academia, the military and political leadership. ![]() This is extraordinary as compared to decades of Foreign Direct Investment (FDI) in Pakistan by other states. China, in its flagship project CPEC, has invested more than $60 billion in Gwadar Port Pakistan, in its infrastructure and energy projects, and deep water port. ![]()
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