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Answer to Question #162758 in Economics for Khayam sadiq
Question #162758
Gaps and challenges faced by Cpec due to neoliberism . 4-5 pages report
Expert's answer
China–Pakistan Economic Corridor (CPEC) is a collection of infrastructure projects that are under construction throughout Pakistan since 2013.
CPEC is intended to rapidly upgrade Pakistan's required infrastructure and strengthen its economy by the construction of modern transportation networks, numerous energy projects, and special economic zones.
CPEC projects will provide China with an alternate route for energy supplies, as well as a new route by which Western China can conduct trade.
CPEC is viewed by many critics in western media as a neo-imperialist exercise.
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