Overview

"China-Pakistan Economic Corridor (CPEC), a mega development project signed between China and Pakistan is considered to be a ""game changer"" on economic and geo-strategic grounds. On one side, the project would help China in achieving its foreign policy goals to expand from the South China Sea to the Indian Ocean and Arabian Sea, it would ensure economic growth in Pakistan and subcontinent as a whole. The China-Pakistan Economic Corridor (CPEC) is a development megaproject that aims to connect Gwadar Port in southwestern Pakistan to China's northwestern autonomous region of Xinjiang, via a network of highways, railways and pipelines to transport oil and gas. The economic corridor is considered central to China-Pakistan relations and will run about 3,000 km from Gwadar to Kashgar. Overall construction costs are estimated at $46 billion, with the entire project expected to be completed in several years. The Corridor is an extension of China's proposed 21st century Silk Road initiative. According to a Firstpost report, ""this is the biggest overseas investment by China announced yet and the corridor is expected to be operational within three years and will be a strategic gamechanger in the region, which would go a long way in making Pakistan a richer and stronger entity than ever before."" Relations between Asian rivals India and China have come under considerable strain in the recent months as mutual misgivings are steadily mounting. A slew of issues has led to the current strain and is likely to continue, unless one or the other blinks. However, neither country appears to be in the mood to do so. China is watching with some concern India's growing warmth with the US. Beijing believes that Washington is propping up New Delhi to balance China's increasing military might in the Asia-Pacific. India has also been vocal about the South China Sea. During President Barack Obama's visit, India and US had issued a separate joint statement on the South China Sea calling for all parties to respect international laws. This book contains the fundamental and basic information of the subject and useful for teachers, students and researchers."

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