Analyzing the Impact of the China-Pakistan Economic Corridor (CPEC) on Pakistani Economy and Society

Abstract

The China-Pakistan Economic Corridor (CPEC) represents a vital undertaking within the geography of global profitable cooperation. Embedded in China's Belt and Road Initiative, this corridor intertwines the profitable fates of China and Pakistan, promising infrastructural development, energy systems, and enhanced connectivity. This study explores the multifaceted impact of CPEC on Pakistani frugality and society. It investigates the transformative goods gauging infrastructural advancements, profitable growth, job creation, and technological exchange. Contemporaneously, it delves into the complex shade of challenges and debates girding profitable reliance, debt sustainability, and indifferent distribution of benefits. Also, this research addresses the societal counteraccusations, including artistic exchange, employment openings, and social integration, while also examining enterprises about original communities, environmental sustainability, and social cohesion. A comprehensive analysis of CPEC's impact on Pakistan's frugality and society reveals a nuanced narrative, blending pledges of progress with intricate challenges, painting a pictorial portrayal of metamorphosis within the nation's line.