CHINA- PAKISTAN ECONOMIC CORRIDOR (CPEC), ITS IMPACTS ON PAKISTAN ECONOMY Sutinder Singh and John Mohd Magray GDC, Bijbehare Anantnag India, GDC, Pulwama, India Email: singh.john@ymail.co.uk ABSTRACT China is opening up its land borders in Xinjiang to interact more freely with central Asia and Europe. China and Pakistan are jointly building the china- Pakistan Economic Corridor (CPEC), with passes through Pakistan-occupied Kashmir. India views this is as violation of its sovereignty. Geopolitics rather than geo-economics predominates India’s thinking on possibilities offered by the revival of the old Silk Road by the Chinese. The CPEC project has been divided into phases, the first phase being the completion of Gwadar International Airport and major developments of Gwadar Port. This phase is expected to be completed by the year 2017. The project also includes the expansion of Karakoram Highway- the road that connects China with Pakistan and placement of fiber-optic line ...
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