A Shared Future under CPEC: Pakistan, China, and the rest of the world under CEPC — this is the model to go forward

Abstract

After initial hiccups, there is finally a broader consensus in Pakistan that China-Pakistan Economic Corridor (CPEC) would create a shared future for the federating units of Pakistan. The increased flow of Foreign Direct Investment (FDI) and completion of some of the early harvesting programmes is a good omen. However, the concept of “Special Economic Zones” (SEZs) under CPEC umbrella has led to some murmuring, especially around the “fear of unknown” among the private sector of Pakistan.