The China–Pakistan Economic Corridor: Game Changer or Chinese Colonialism?

Abstract The China–Pakistan Economic Corridor (CPEC), a key component of China’s Belt and Road Initiative, has the potential to transform Pakistan’s economy through economic cooperation, large-scale infrastructure projects and other forms of investment. Many observers fear, however, that the CPEC will become the “New East India Company,” effectively turning Pakistan into a Chinese client state. Through extensive interviews with key stakeholders in Pakistan as well as documentary research, we weigh the arguments on both sides of this debate. While the CPEC has the potential to become what many fashionably term a “game changer” for Pakistan, economic and social problems will likely prevent the country from fully realizing the CPEC’s transformative potential. On the other hand, the CPEC seems likely to expand the China–Pakistan relationship beyond its historical military and security emphasis to bring substantial social and economic benefits to Pakistan, while the complexity of the Pakistan case makes comprehensive “colonization” unlikely.