China-Pakistan Economic Corridor

The newly conceived China-Pakistan Economic Corridor (CPEC) can prove a game changer not only for the two countries but also for the region. The corridor can act as a regional institution to boost bilateral relations. Against the commonly misunderstood impression that the CPEC is a land or rail connectivity passage between the two countries, the CPEC is indeed a comprehensive concept that encompasses economic and strategic integration between the two countries in the long run. Furthermore, the CPEC is the name of regional economic integration beyond the geographical route; it represent the domestic institutional arrangements and macro-economic coordination between the two countries in the transnational flow of economic factors such as capital, technology, information and labour....Thus, economic cooperation between Pakistan and China is not only complementary in areas such as capital, technology, labour and energy but also pushes for the integration of their economies. This compleme...