China-Pakistan Economic Corridor, China’s Vital Success in Its OBOR


Pakistani Prime Minister Nawaz Sharif meets Chinese President Xi Jinping ahead of the Belt and Road Forum in Beijing, China May 13, 2017. REUTERS/Jason Lee

In its report “Pakistan signs nearly $500 million in China deals at Silk Road summit” yesterday, Reuters quotes Pakistani Prime Minister Sharif as saying to Chinese President, “China-Pakistan Economic Corridor is a core component of your visionary initiative of the ‘One Belt-One Road'”.

In my post “The Conundrum of China’s New Silk Road Plan” on April 20, I said that China’s One Belt-One Road (OBOR) aims at establishing alternate land routes for its national security and expanding its trade with other countries. China is not rich enough to share the bounty of its economic development and to fund infrastructure gaps irrelevant to its national security or economic growth.

Sharif is wise to see the vital strategic importance of the China-Pakistan Economic Corridor (CPEC) in China’s OBOR so that he describes it as the core of Xi Jinping’s OBOR initiative.

The Corridor will facilitate Pakistan’s and Western China’s economic development and strengthen China’s and Pakistan’s defense in their border with India. Moreover, China will have a shortcut in its trade with the Middle East through the corridor.

Due to the strategic importance, Xi and Sharif signed $500 million deals for CPEC in addition to the $57 billion already pledged for its projects. Pakistani troops are active in ensuring the safety of those projects due to their importance to Pakistan’s and China’s national security.

In fact, the core projects for OBOR are but those in Pakistan, Central Asia and Russia for China’s trade to the Middle East and Europe, especially the access to oil and gas resources there.

It is Xi’s wise idea to describe OBOR as a global initiative involving lots of countries that in fact are not along China’s Silk Road in order to attract other countries’ investment and construction industries to the projects that benefit China. Japan and South Korea are interested in the infrastructures in Southeast Asia, which though is included in China’s OBOR initiative, is really not along China’s Silk Road as China’s trade routes to the Middle East, Europe and Africa through Southeast Asia have yet to go through the Indian Ocean with the risk of being cut by not only US but also Indian navy.

However, the infrastructure developed by whatever countries China, Japan, South Korea or others will facilitate rich overseas Chinese’ business in the region and thus expands China’s influence there.

As for the US, Japan and South Korea’s competition with China in developing infrastructures in Central Asia, China certainly welcomes such competition as the infrastructures will first of all be exploited by China in its trade and investment there. I do not see the wisdom in such competition as the infrastructures are in countries under Russian military dominance.

Comment by Chan Kai Yee on Reuters’ report, full text of which can be viewed at http://www.reuters.com/article/us-china-silkroad-pakistan-idUSKBN1890KD.

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10 Comments on “China-Pakistan Economic Corridor, China’s Vital Success in Its OBOR”

  1. Combo Jaxx says:

    China needs to tell its ally Pakistan to stop harbouring Saudi-US backed Islamic terrorists that constantly attack Iran through its territory.

    Like

  2. johnleecan says:

    India…
    Great nation? No!
    Envious of China? Definitely!
    Defeated by China? Hahahahaha! Indians lose!

    Travelling to India’s different states is like travelling to different countries. They don’t speak the same language because each tribe is too proud that even their constitution doesn’t declare a national language. Only official languages are stated in the constitution which is Hindi and English.

    Another is their discriminatory caste system and a direct result of this system is the murdering of parents of mostly their daughters and sometimes sons because of them dating a person belonging to a lower caste which meant dishonor for the family. So, Indians saving face is more important than their daughters or sons happiness? Another is dowry practice which is on the rise in India with about one wife murdered and/or burned every hour.

    India will become a great nation? Most probably in their dreams.

    Liked by 1 person

    • alking1957 says:

      Yes. If it were not for England colonising the Indian sub continent, there would have been many smaller nations or kingdoms there. I expect India to eventually have horrific separatist wars in the future.

      Like

  3. Gysang Rampoche says:

    Sanctimonius hypocrites. That’s all can say.

    CPEC cross their claimed land? What bunkum, “Village thug” India annexed Sikkim, Assam, Naga, Tripura, and other North East Frontier nations who are not Indians but Burmese-Tibeto people against their wishes. And they applied the non existent “Simla Accord” – which had already been dropped by London because of rejection by Beijing – to fraudulently annex South Tibet – which fortunately, is still not a done deal yet and another impactful kinetic response from Beijing may come yet. New Delhi throttles, Nepal, and Sri Lanka as though they should be vassals. This is an imperialistic rogue country that is awaiting a blowback.

    Why does “political lowlife” India bothers to remain in BRICs beats me. All one can say is that Indians are parasites. If they can’t get for free, they will steal it. They expect the AIIB loans to be given to them free. If not, they talk like a “dog in the manger” – how the loans will kill the borrowing countries. “Sour grapes” India should really shut down all its financial systems.

    Like

    • Fre Okin says:

      Due to geopolitical reasons, the West turned a blind eye to Indian thievery and using her cheap democracy label to gain favors against China. India refuse to settle AP/S Tibet and Kashmir as she believe ‘possession is nine tenth of the law’.

      As for CPEC one can see how small minded Indian politicians are. They use their Hindu prince Hari Singh to grab Kashmir with over 90% Muslims. They abuse the Dalai Lama and his exiles living in about a dozen sq miles of Dharamsala and steal AP/S Tibet in 1987 (annexation is stealing!) 32,000 sq miles of land! And they deceive the world by telling the West how kind they are to the Tibetans who will forever be poor in India with Zero Opportunities to prosper.

      CPEC is a reward for India’s intransigence. China build CPEC to overcome the Indian blockade on the trade route from Tibet to Bay of Bengal as AP/S Tibet dispute hinder development. Building CPEC on dispute territory is a nice reward for India’s Loot East plundering AP/S Tibet hydropower.

      India will never be a great country as long as she is governed by religious fanatics like Modi’s BJP and the masses don’t raise up and throw out their narrow minded dishonest politicians.

      Like

      • Max says:

        The Tibetan exiles who chose to live in India – as though it is better than China – are “free” to remain there to share the Indians’ abject poverty and regressive “culture”.

        They have been brainwashed by the CIA and Anglo-Americans who have hidden agendas and it is regrettable they can’t see it nor think for themselves. Even then, Beijing, like a parent with unconditional love for the children, still look forward to their return as “prodigal sons”. IMHO Beijing is too kind. These foolish people don’t deserve free return to Tibet after all the subversive activities they have undertaken against their “parents” while in India.

        Why should they be allowed to share in the prosperity that is abundant in Tibet or other parts of China? Maybe they should apply to go to live in – as someone has rightly described it – America, the “butcher of Asians”?

        Like

  4. Fre Okin says:

    Funny Indian missing the biggest party in town.

    Like

  5. Steve says:

    Wise phrase by President Xi, that OBOR as a Global initiative (architecturally drafted and engineered by China) designed to facilitate the global families for the purposes of trade and prosperity, but of course barking dogs like Australia and US are giving the impression that something sinister is happening under their smelly noses. This is a great opportunity for western countries to understanding Asia’s great civilisation being rejuvenated with the OBOR initiatives.

    But, what is the hidden ‘wisdom’ behind the US, Japan and Sth Korea developing infrastructures in Central Asia. I don’t understand where does it lead to and from. In time, I believe that SCO will become an integral support pillar for China’s OBOR. Most of the SCO countries supports the OBOR initiatives.

    Like

    • Joseph says:

      Yes, Australian always finds Chinese very sinister. Not only China but all Chinese people, including Chinese Australian, everyone of them, especially when they make ‘unsanctioned’ profit in Australia. When some Chinese Australian shop owners started selling online Australian $20 Aptamil baby formula for $50 to China, Australian was saying they were very sinister people. Not because they were selling $20 stuff for $50, but because Aptamil has been selling the same product itself to China, for $100, and $78 in Singapore. These Chinese Australian were so sinister that they ripped off poor Australian Aptamil the chance to make profit in China, especially after Aptamil invested so much to make it look that China was crazy for Aptamil baby formula, including clandestinely photoshoping a box carried by Chinese Navy personnels visiting Australia, to make it like the box was an Aptamil box, and circulating it through the internet. Australian always laments that Chinese people in Asia are always more comfortable buying stuff from other Chinese, which is ‘unfair’ for them.

      Like


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