Journal of Tourism Economics and Policy
Vol. 3 No. 4 (2023): Journal of Tourism Economics and Policy (October - December 2023)

The China -Pakistan Economic Corridor: A Critical Analysis of Gulf- Crisis

AZEEZ, Ismail Adaramola Abdul (Unknown)



Article Info

Publish Date
31 Oct 2023

Abstract

The Chino-Pakistan Economic Corridor (CPEC), initialed in 2013, is among China’s biggest foreign policy and investment commitments. It links China's Xinjiang Province with the Arabian Sea overland through Pakistan by three major new transportation corridors, supplemented by new power plants fueled by both renewables and coal, and establishing new industrial parks and trade zones. The project could transform Pakistan, but it also has clear implications for the Gulf States and after the outbreak of the Qatar crisis in 2017, CPEC became an arena of competition for the Gulf States. China-Pakistan Economic Corridor (CPEC) is a part of a strategic geopolitical move that promises not only augment the strategic position of Pakistan but also unleashing socio-economic potentials of Qatar and China. The research is an effort to highlights the interest of china and Pakistan regarding CPEC. Keeping in view the geo-strategic location of Gwadar port It also provides an insight into the challenges regarding CPEC It also endorses why Qatar is keenly interested to join the CPEC and how its involvement boosts its economy? The proposed research is based on descriptive and analytical research methods where the researcher consults primary and secondary sources to support their argument. So, in this way, the results suggest that strategically CPEC would provide a supported system to Qatar to transform its move into a truly interconnected world. This project can potentially strengthen the macroeconomic cooperation connectivity peace, and growth among different countries through trade and business opportunities which will further generate revenues for Qatar.

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Journal Info

Abbrev

jtep

Publisher

Subject

Economics, Econometrics & Finance Public Health Social Sciences

Description

The Journal of Tourism Economics and Policy is published biannually and published in March and November. JTEP also uses the LOCKSS system to ensure a secure and permanent archive for the journal. Concerned with the complex interactions between development and the environment, its purpose is to seek ...