Vol. 3 No. 2 (2020): Pakistan Journal of International Affairs
Articles

CHINA- PAKISTAN ECONOMIC RELATIONS: A REVIEW OF FIRST TWO DECADES OF 21ST CENTURY

Published 2020-12-29

Abstract

China - Pakistan have celebrated more than 6 decades of true friendship. Both countries have cooperated in various fields i.e. economic, political, defence and cultural etc. This research focused on the economic relationship between both states during the first two decades of the 21st century. In this research, it is tried to find out and present the positive and negative points of these relations. Research briefly described the gradual improvement in bilateral relations. The depth of friendship can be determined by the Chinese statement when they declared Pakistan as dear as Israel for the United States. Recently, the most important project CPEC has diverted all the attention of global politics and geopolitics and it is being called the game-changer in the region. This research is qualitative and would base upon interviews, books and articles to reach on a conclusion and bring out a clear picture of the advantages and even disadvantages of various projects advanced by China in Pakistan. The way of bilateral trade has been discussed and suggestions are prepared to make this trade more China - Pakistan have celebrated more than 6 decades of true friendship. Both countries have cooperated in various fields i.e. economic, political, defence and cultural etc. This research focused on the economic relationship between both states during the first two decades of the 21st century. In this research, it is tried to find out and present the positive and negative points of these relations. Research briefly described the gradual improvement in bilateral relations. The depth of friendship can be determined by the Chinese statement when they declared Pakistan as dear as Israel for the United States. Recently, the most important project CPEC has diverted all the attention of global politics and geopolitics and it is being called the game-changer in the region. This research is qualitative and would base upon interviews, books and articles to reach on a conclusion and bring out a clear picture of the advantages and even disadvantages of various projects advanced by China in Pakistan. The way of bilateral trade has been discussed and suggestions are prepared to make this trade more