Sunday, April 19, 2015
China Invests Billions in Its ‘All-Weather Friendship’ With Pakistan | Foreign Policy
China Invests Billions in Its ‘All-Weather Friendship’ With Pakistan | Foreign Policy Just
as Washington is straining to flesh out its pivot to Asia, provoked in
part by worries over Chinese aggression, Beijing seems to be
accelerating both the economic and security aspects of its own lurch
west, with potentially big implications for India, South Asia, and the
Middle East. Chinese president Xi Jinping will visit Pakistan next week
bearing gifts, some $46 billion in energy and infrastructure investment
deals, Reuters and other media reported Thursday. The two countries
enjoy close relations, often touted as an “all-weather friendship,” and
Beijing and Islamabad have talked up multi-billion dollar projects for
years, involving everything from hydroelectric plants to highways. But
bilateral ties are intensifying due to Pakistan’s need to short-circuit
public unrest at acute energy shortages, and China’s desire to bolster
the economic prospects of its own underdeveloped western provinces and
find fresh opportunities as its domestic economy slams on the brakes.https://foreignpolicy.com/2015/04/16/china-invests-billions-in-its-all-weather-friendship-with-pakistan-silk-road-gwadar-indian-ocean/?utm_source=The+Sinocism+China+Newsletter&utm_campaign=562f93bee4-Sinocism04_19_15&utm_medium=email&utm_term=0_171f237867-562f93bee4-29615013&mc_cid=562f93bee4&mc_eid=5935182a65
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