Abstract:
With the China-Pakistan Economic Corridor brought onto the fast
track of construction and major political hurdles eliminated, we are
expecting to see it progress to the stage where dozens of Special
Economic Zones or Industrial Zones are to be established along the
corridor. At the same time, China is championing a new concept of
economic cooperation - International Capacity Cooperation -
spearheaded by Premier Li Keqiang himself. This chronological
coincidence is a big opportunity for Pakistan in its effort to uplift the
economic performance and national image. Yet, there are some lurking
challenges that we have to deal with in a pre-emptive manner to ensure
the smoothness of this mutually benefitting cooperation.