Multiple security issues and political uncertainties mark the China-Pakistan Economic Corridor (CPEC), a top Chinese scholar has said, adding opinion is divided on the viability of the project both in the short and long term.The CPEC, whose cost has been projected at more than $46 billion, cuts through Pakistan-occupied-Kashmir (PoK), leading to protests from India over the issue of sovereignty.Despite New Delhi’s concerns, China has pumped billions of dollars into the corridor, making it a flagship and prestige project under President Xi Jinping’s ambitious Belt and Road Initiative (BRI) since he announced it in 2013.But is the CPEC turning into a corridor of uncertainty?“China and Pakistan share the belief that economic development can help stabilise Pakistan and improve its domestic security situation. However, China also recognises that the security, political, and cultural risks and uncertainties facing the economic corridor cannot be overlooked,” Shi Zhiqin, executive dean of the newly opened One Belt, One Road Strategic Institute in Beijing, wrote in a paper.Terrorism, political infighting and attempts by Pakistani political parties to divide the “CPEC cake” have already caused substantial delays, Shi wrote in the widely circulated paper titled “The Benefits and Risks of the China-Pakistan Economic… Read full this story
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