CPEC: No free lunches for Pakistan
Hindustan TimesIt’s like watching a very bad sequel to Star Wars. The announcement from the Pakistan’s Prime Minister’s Office on the forthcoming visit of Shehbaz Sharif to China for the ‘launch’ of the second phase of the China Pakistan Economic Corridor, was less than enthusiastic, mentioning June 4 as a possible date that could be ‘slightly changed’. China is doing a lot elsewhere in terms of ‘corridors’ that should concern India – consider a road coming across Shaksgam in Pakistan Occupied Kashmir – but the CPEC itself seems to be sputtering, new phases notwithstanding. In 2023, China’s Vice Premier He Lifeng was unveiled five new corridors proposed in a letter from President Xi Jinping, which according to Chinese sources called for jointly building a growth corridor, a livelihood-enhancing corridor, an innovation corridor, a green corridor and an open corridor. Unsurprisingly, elected representatives talk of Chinese annoyance with Pakistan’s ‘can do’ attitude, while the Pakistanis themselves worry that Chinese projects cost about three times more than international norms.