Department of Information Management, University of the Punjab, Lahore
Abstract
CPEC project (China – Pakistan Economic Corridor) being the flagship project of Belt & Road Initiative initially witnessed a planned investment of 46.6billionwhichBeijingintitatedandnowitisextendedto62 billion and would be completed in the next few years. CPEC is not only aimed at connecting Kashgar to Gwadar but it is also considered to be the Zipper of Central Asia with South Asia, Moscow and Beijing with the Middle East and Africa. CPEC is specifically envisioned beneficial for economic security for Pakistan in a crucial time when Pakistan is isolated and badly damaged by the War on Terror since September 2001. Islamabad and Beijing have developed strong ties despite their ideological differences. This research work sheds light on the economic cooperation between the two neighboring states i.e. China and Pakistan in the context of Beijing's huge investment in Pakistan. The study analyzes CPEC from political, economic, and social perspectives. The study reveals that CPEC is the venture of economic and strategic depth for Pakistan