China Pakistan Economic Corridor (CPEC): Myths And Facts

[Riaz Haq]

Is China using China Pakistan Economic Corridor (CPEC) to colonize Pakistan just as the British East India company colonized India centuries earlier?

Will Pakistan be caught in a massive Chinese debt trap and eventually become China's colony? What are the terms of Chinese financing and investments in CPEC projects in Pakistan?

Are Pakistanis required to pay exorbitant interest rates on infrastructure loans and unreasonably high return on equity on power plant investments?

Is there an IBM-like organized campaign of fear, uncertainty and doubt (FUD) being waged by CPEC's detractors to convince Pakistanis that it's a zero sum game in which China's gain is Pakistan's loss?

Is there no possibility of win-win in CPEC for both China and Pakistan?

Viewpoint From Overseas host Faraz Darvesh discusses these questions with Misbah Azam and Riaz Haq (www.riazhaq.com)

https://youtu.be/NixuaR0_jws

Related Links:

Haq's Musings

Campaign of Fear, Uncertainty and Doubt Against CPEC

CPEC Financing: Is China Ripping Off Pakistan?

CPEC Transforming Least Developed Parts of Pakistan

Pakistan Rising or Falling? Reality vs Perception

Pakistan Generating Positive Vibes at Davos 2018

CPEC to Create Over 2 Million Jobs in Pakistan

Pakistan's $20 Billion Tourism Industry Boom

Home Appliance Ownership in Pakistani Households

Riaz Haq's YouTube Channel

PakAlumni Social Network

[Riaz Haq]

Pakistan’s Leap Forward Has A Chinese Engine – OpEd

By Advocate Mazhar Siddique Khan

https://www.eurasiareview.com/26042025-pakistans-leap-forward-has-a...

The China-Pakistan Economic Corridor (CPEC), often reduced to a symbol of debt diplomacy by skeptics, is in fact something far more vital: the foundation of a 21st-century Pakistan. With its vast network of roads, energy projects, industrial zones, and digital infrastructure, CPEC isn’t merely about construction—it’s about transformation. Pakistan is not just building highways; it’s building pathways to sustainable growth.

Pakistan’s transformation hinges on bold collaboration. And China’s role is not transactional—it’s transformational.

Through strategic investments in power generation, telecommunications, and transport, China has enabled Pakistan to leapfrog over structural deficiencies that once seemed insurmountable. Energy shortages that crippled industries for decades are slowly being replaced by stability. Power plants—from hydropower to renewables—are being installed with the help of Chinese expertise, addressing one of Pakistan’s most persistent bottlenecks. Every watt added to the grid is more than a statistic; it’s another hour a factory can run, another student who can study at night, another village that enters the digital age.

Critics may point to loans and liabilities, but overlook the value of infrastructure that outlasts repayment cycles. Roads that cut cross-country travel times in half. Fiber-optic backbones that connect rural towns to global markets. Special Economic Zones that bring foreign capital closer to local opportunity. These are investments not just in steel and silicon—but in Pakistan’s future.

And the future belongs to the young. With China’s investments in technical education and higher learning, Pakistan’s youth are being equipped not just to participate in the Fourth Industrial Revolution—but to shape it. Joint research initiatives, scholarships, and vocational training programs are bridging the skills gap that has long held the country back.

Pakistan is not just building highways; it’s building pathways to sustainable growth.

Pakistan’s transformation hinges on bold collaboration. And China’s role is not transactional—it’s transformational.

Through strategic investments in power generation, telecommunications, and transport, China has enabled Pakistan to leapfrog over structural deficiencies that once seemed insurmountable. Energy shortages that crippled industries for decades are slowly being replaced by stability. Power plants—from hydropower to renewables—are being installed with the help of Chinese expertise, addressing one of Pakistan’s most persistent bottlenecks. Every watt added to the grid is more than a statistic; it’s another hour a factory can run, another student who can study at night, another village that enters the digital age.

Critics may point to loans and liabilities, but overlook the value of infrastructure that outlasts repayment cycles. Roads that cut cross-country travel times in half. Fiber-optic backbones that connect rural towns to global markets. Special Economic Zones that bring foreign capital closer to local opportunity. These are investments not just in steel and silicon—but in Pakistan’s future.

And the future belongs to the young. With China’s investments in technical education and higher learning, Pakistan’s youth are being equipped not just to participate in the Fourth Industrial Revolution—but to shape it. Joint research initiatives, scholarships, and vocational training programs are bridging the skills gap that has long held the country back.

With China’s support, Pakistan isn’t waiting for change—it’s leading it. The economic corridor is not a shortcut—it’s a launchpad. And Pakistan’s leap forward, powered by Chinese engines and Pakistani resolve, may yet redefine the economic geography of South Asia.