CW.328.VIKING BOER – CHINA WATCH – Pakistan – China’s Big Gamble

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CW.328.VIKING BOER – CHINA WATCH – Pakistan – China’s Big Gamble
Economy of Pakistan – China’s Big Gamble

Jul 3, 2021 #ChinaPakistan #PakistanEconomy #CPEC
Pakistan’s Economy has received $60 billion of investment from China through the China-Pakistan Economic Corridor or CPEC.

One so invested in China’s Belt and Road Initiative that it’s been labeled a flagship country, yet one which has claimed no less than 22 loans from the IMF over the years. Balancing a rapidly growing population against a series of economic challenges.

In the first few decades of its existence, it was viewed as a model of planned economic development, whose economic planning strategy was copied by the likes of South Korea. Fast forward a few decades, and South Korea’s GDP per capita is around 30 times that of Pakistan’s.

— TIMESTAMPS —
0:00 Intro
1:54 How did Pakistan’s economy get here?
5:14 Is Pakistan in a debt trap?
8:06 Why may Pakistan be over-reliant on China?
10:32 What options does Pakistan have to address its economic challenges?
13:10 Altsimplified reflects
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