CPEC: Views of the Business Community in Pakistan

Jyotishman Bhagawati, Research Intern, Institute of Chinese Studies 

The China Pakistan Economic Corridor has created a sense of both euphoria and scepticism in Pakistan. The euphoria is because of the size and scale of the corridor project which is expected to create 700,000 direct jobs and whose total cost, according to a Deloitte study, is estimated to touch US$75billion upon completion [1]. At the same time, there are also increasing concerns over the project primarily due to the lack of concrete details about the various schemes falling under it which the government is accused of not sharing with the public [2]. Against this backdrop, it is imperative to note the perceptions of the business community in Pakistan regarding the CPEC as it is one of the most crucial stakeholders in the project. Continue reading “CPEC: Views of the Business Community in Pakistan”

Time to Rethink India’s Approach on OBOR

Jabin T. Jacob, PhD, Fellow, Institute of Chinese Studies

When Indian Prime Minister Narendra Modi and Chinese President Xi Jinping met for their bilateral on the sidelines of the 8th BRICS Summit in Goa two issues dominated. One was the Chinese resistance to India’s membership of the Nuclear Suppliers Group (NSG). The other was China’s refusal to support UN action against terrorists living under state protection in its ally Pakistan, who were involved in the attack on the Indian Parliament in New Delhi in 2001 and the 26/11 attacks in Mumbai.

It is unlikely that New Delhi will get anywhere with the Chinese on either issue. The reasons are rather simple. Continue reading “Time to Rethink India’s Approach on OBOR”