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CPEC to help China meddle in Kashmir: Chinese media

What is the China-Pakistan Economic Corridor?
Details
  • The China-Pakistan Economic Corridor is an under construction, multi-billion dollar development project which seeks to improve Sino-Pak connectivity and enhance regional trade.
  • The project envisages the creation of energy pipelines, road-and-rail links between western China and the Pakistani port of Gwadar and transport and telecommunications infrastructure in Pakistan.
  • Chinese Premier Li Keqiang and Nawaz Sharif announced the initiative on 22 May 2013 in Islamabad.

  • India's stance on the CPEC
    India
  • The proposed project passes through disputed territory in J&K, through Gilgit Baltistan.
  • China had always maintained that J&K was a bilateral problem; however in Dec'14, it announced the closure of the strategic Khunjerab Pass and in the process referred to Gilgit Baltistan as part of Pakistan.
  • India has vehemently opposed the Kashgar-Gwadar CPEC route which entails energy and infrastructure projects within PoK.

  • Gilgit-Baltistan a part of Pakistan?
    FACT
    In March'17, Pakistan declared the disputed Gilgit-Baltistan region as its fifth province. Pakistan's Inter-Provincial Coordination Minister Riaz Hussain Pirzadar said that Foreign Affairs Advisor Sartaj Aziz proposed giving Gilgit-Baltistan provincial status. He added a constitutional amendment to change the region's status would also be made.

    China hikes CPEC investment to $62 billion
    Investments
  • China has hiked its investments in the China Pakistan Economic Corridor to $62 billion from earlier estimates of up to $55 billion.
  • The investments are to create additional industrial corridors and facilities inside Pakistan under CPEC. If private sector investments are taken into account, the total investments surpass $62 billion.
  • The investment amount has steadily been rising since first announced ($46 billion) in 2015.

  • CPEC to help China meddle in Kashmir: Chinese media
    02 May 2017
  • Reports in the Chinese media suggested that Beijing's massive investment in the CPEC projects makes it necessary for it to mediate over the Kashmir conflict.
  • The report suggested that Beijing's huge investments in other countries meant that it had to interfere in internal policies to protect these investments.
  • It cited China's mediation between Myanmar and Bangladesh over Rohingyas as one such success.



  • This post first appeared on NewsBytes: Latest News, Breaking News India, Today News, Current News, please read the originial post: here

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