Tag Archives: economy

China Pakistan Economic Corridor (CPEC) is the major initiative of Chinese President Xi Jinping’s Belt and Road Initiative (BRI) launched in 2013. With the resurgence of China as a global economic powerhouse, trade across the Indian Ocean is set to increase significantly in the coming decades, particularly through CPEC. China …

The China-Pakistan Economic Corridor umbrella intends to provide a structural transformation in the region of Pakistan. Before the initiation of the China-Pakistan Economic Corridor project, it has never been considered as an infrastructure specific project subject to the construction of some roads, bridges, etc. rather a developed structure of the …

According to a report by the PricewaterhouseCoopers (PwC) – a multinational professional services network based in London regarded as one of the ‘Big Four’ auditors – estimated that Pakistan could become the world’s 16th largest economy by 2050 based on its GDP at purchasing power parity.   On a global …