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EVALUATING THE ECONOMIC AND TRADE COOPERATION IMPACT OF THE BELT AND ROAD INITIATIVE ON CHINAPAKISTAN RELATIONS

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13 Pages : 122-140

http://dx.doi.org/10.31703/gssr.2024(IX-III).13      10.31703/gssr.2024(IX-III).13      Published : Sep 2024

Evaluating the Economic and Trade Cooperation Impact of the Belt and Road Initiative on China-Pakistan Relations

Abstract

    The BRI, initiated by Chinese President Xi Jinping, sounds like an ambitious scheme for the development of integration and network cooperation scheme in the Asia-Europe-Africa region. Pakistan is the closest ally of BRI since it occupies a strategic position as a transit route for exchange. The China-Pakistan Financial Passage (CPEC), a lead venture of the BRI, centers on improving financial participation and foundation improvement between the two nations. Whereas the BRI has encouraged Pakistan's framework development and expanded two-sided exchange with China, challenges such as debasement, responsibility, obligation supportability, and territorial security dangers have risen. Understanding the BRI's effect on China-Pakistan relations makes a difference in the project's openings, challenges, and potential dangers while directing decision-making and collaborative endeavors. To evaluate the BRI's impact, a combination of descriptive, regression, and comparative analyses was used, along with qualitative insights from policymakers. Data conception further illustrates trends in trade, investment, and economic growth.

    (1) Muhammad Ikhlaq
    MPA (Master's degree in Public Administration), School of Public Administration China University of Geosciences, Wuhan, China.
    (2) Noor Fatima
    Assistant Professor, Department of Economics, National University Of Modern Languages Islamabad, Pakistan.
    (3) Tooba Zulfiqar
    M. Phil Scholar, Department of Pakistan Studies, National University of Modern Languages Islamabad, Pakistan.
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Cite this article

APA

    APA : Ikhlaq, M., Fatima, N., & Zulfiqar, T. (2024). Evaluating the Economic and Trade Cooperation Impact of the Belt and Road Initiative on China-Pakistan Relations. Global Social Sciences Review, IX(III), 122-140. https://doi.org/10.31703/gssr.2024(IX-III).13

CHICAGO

    CHICAGO : Ikhlaq, Muhammad, Noor Fatima, and Tooba Zulfiqar. 2024. "Evaluating the Economic and Trade Cooperation Impact of the Belt and Road Initiative on China-Pakistan Relations." Global Social Sciences Review, IX (III): 122-140 doi: 10.31703/gssr.2024(IX-III).13

HARVARD

    HARVARD : IKHLAQ, M., FATIMA, N. & ZULFIQAR, T. 2024. Evaluating the Economic and Trade Cooperation Impact of the Belt and Road Initiative on China-Pakistan Relations. Global Social Sciences Review, IX, 122-140.

MHRA

    MHRA : Ikhlaq, Muhammad, Noor Fatima, and Tooba Zulfiqar. 2024. "Evaluating the Economic and Trade Cooperation Impact of the Belt and Road Initiative on China-Pakistan Relations." Global Social Sciences Review, IX: 122-140

MLA

    MLA : Ikhlaq, Muhammad, Noor Fatima, and Tooba Zulfiqar. "Evaluating the Economic and Trade Cooperation Impact of the Belt and Road Initiative on China-Pakistan Relations." Global Social Sciences Review, IX.III (2024): 122-140 Print.

OXFORD

    OXFORD : Ikhlaq, Muhammad, Fatima, Noor, and Zulfiqar, Tooba (2024), "Evaluating the Economic and Trade Cooperation Impact of the Belt and Road Initiative on China-Pakistan Relations", Global Social Sciences Review, IX (III), 122-140

TURABIAN

    TURABIAN : Ikhlaq, Muhammad, Noor Fatima, and Tooba Zulfiqar. "Evaluating the Economic and Trade Cooperation Impact of the Belt and Road Initiative on China-Pakistan Relations." Global Social Sciences Review IX, no. III (2024): 122-140. https://doi.org/10.31703/gssr.2024(IX-III).13