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  2. CPEC has several disadvantages, including123:
    • The 18th Amendment has introduced new challenges, weakening further the chain of command.
    • The institutional framework is complicated, making the business environment unfriendly, which discourages investment.
    • Registering a company takes many days and the applicant has to deal with numerous departments.
    • Chinese industries are facing problems to compete in the global market due to high transportation cost and delivery time.
    • China is using a longer route, which increases transportation cost and time, giving a competitive edge to competitors such as Japan and the USA.
    • China will find an access to interlock countries, which may increase the number of Chinese products, depressing Pakistani businesses.
    • China's national language is Chinese, while Pakistan's national language is Urdu, creating a huge communication gap.
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    On the other hand, the 18th Amendment has introduced new challenges, weakening further the chain of command. Second, the institutional framework is complicated. It makes the business environment unfriendly, which discourages investment. Even registering a company takes many days and the applicant has to deal with numerous departments.

    www.thenews.com.pk/print/1093555-10-years-of-cp…

    • Independent path from India and USA’s interference • New business market in another country • Chinese industries are facing problems to compete in global market due to high transportation cost and delivery time • China is using a longest way due to which transportation cost and time increases,which gives a competitive edge to competitors e.g. Japan, USA.

    www.slideshare.net/Muhammadsalman273/cpec-a…

    China will find an access to interlock countries this may increase the numbers of Chinese Products, this will depressed Pakistani Businesses. China national language is Chinese, Pakistan National language is Urdu, and this will create a huge communication gap.

    www.brandsynario.com/china-pakistan-economic-c…
     
  3. People also ask
    Why is CPEC so controversial?A decade after CPEC was first launched, the initiative has landed in uncharted territory, delivering very little and attracting myriad controversies. The slow progression of CPEC projects has also irked Beijing. The Chinese ambassador to Pakistan complained that Pakistan has destroyed CPEC.
    Why did CPEC projects slow down?After Imran Khan was elected prime minister in 2018, new CPEC projects slowed down, in part due to the incoming administration’s concerns. Bureaucratic challenges also created headwinds, prompting the Pakistani government to develop a new CPEC Authority to act as a focal point for expediting projects.
    Is CPEC a risk?Yet, as a high-profile business representative rightly warned, “if there are opportunities, there are also serious risks”. Unless there is a serious rethink in policy circles, CPEC could inflame tensions between the centre and federal units, and could trigger or worsen conflict within provinces.
    Will CPEC harm the ecosystem?This report had warned about the potential negative impacts of CPEC, including irreparable damage to the fragile ecosystems and other repercussions of cutting trees like the melting of glaciers in northern Pakistan that feed Indus– the lifeline of the country’s agro-based economy (Shahid, 2015).
     
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  5. CPEC at 10: Milestones, Challenges and Geopolitical Implication

  6. WebJun 29, 2018 · In November 2015, the China Overseas Ports Holding Company-Pakistan assumed control over Gwadar’s free trade zone. A …

    • Estimated Reading Time: 9 mins
    • WebJul 3, 2018 · In Sindh’s Tharparkar district, coal-based CPEC power projects are not only damaging the environment, but are also displacing locals from their homes and could destroy livelihoods. Many of these problems stem …

    • WebDec 16, 2019 · The China-Pakistan Economic Corridor (CPEC) has strategic implications for China-Pakistan, China-India, India-U.S., and U.S.-China relations. U.S. targeted support to Pakistan could prevent Pakistan’s …

    • WebApr 16, 2018 · CPEC may turn out to be a complete game changer for our country. Along with many advantages, CPEC has some drawbacks as well which will affect our country depending on the condition and their ...

    • WebJan 24, 2021 · To make matters worse, CPEC’s progress is slowing down on account of the Covid-19 pandemic and IMF’s bail-out programme restrictions on fresh borrowing.

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