China-Pakistan Economic Corridor Relaunch
The China-Pakistan Economic Corridor (CPEC) has become a strategic lifeline for Pakistan and a key foothold for China in South Asia amidst multipolar competition.
Phase II of CPEC aims to develop industrial parks for Pakistan's industrial development, relying on energy availability from Phase I's completion.
Chinese Foreign Minister Wang Yi's visit to Pakistan in May 2025 indicated China's renewed interest in CPEC's completion, despite challenges such as attacks on Chinese personnel and slow loan repayment.
Public pronouncements suggested China's renewed interest in CPEC's completion.
- Development of industrial parks
- Adequate energy availability
- Job creation and income generation
- Loan repayment
Author's summary: CPEC's relaunch highlights China-Pakistan interdependence.
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