Rebuilding CPEC’s Progress

Zafaruddin Mahmood, SAPM on CPEC
In the last four years, the progress on the multi-billion-dollar China-Pakistan Economic Corridor (CPEC) initiative has mostly remained tentative and stop-start. The question is: can the momentum seen during 2015 and 2016 be revived after years of little progress?

One of the major reasons for the slowdown in momentum on CPEC-related projects pertains to political and economic changes in Pakistan, which have contributed a great deal to the slowdown in CPEC-related cooperation between Islamabad and Beijing. For instance, there simply has never been a real level of warmth between China and the previous Imran Khan government; even though there were some phases of optimism but no actual progress.

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