(1/n)
Political fragility, increased interference of the security agencies & the army establishment in the matters of civilian administration and even #CPEC projects have made #Beijing rethink on the CPEC’s outcomes.
(2/n)
Owing to certain differences on some of the agenda items, the unexpected deferment of the crucial 10th meeting of #CPEC’s Joint Cooperation Committee (JCC) has made China halt work on some aspects of the CPEC.
(3/n)
Since 2018, political fragility, increased insurgency in #Balochistan and other areas, corruption and economic recession in #Pakistan has decelerated the progress on nearly all the CPEC projects, with the Pakistan Democratic Movement criticizing the Govt on the #CPEC.
(4/n)
In 2018 the World Bank propounded certain risks for the #CPEC which has been marred in recent years by continuing the political instability & growing interference of the all powerful military establishment especially after the alleged rigged elections in favor of #ImranKhan
(5/n)
The active and retired top brass of the #PakistanArmy, who have been appointed on crucial positions on the #CPEC projects have amassed huge wealth by mishandling the project funds with 80 percent of investments in the CPEC lost to corruption.
(6/n)
Growing #corruption, promises of jobs not materializing, rampant exploitation of natural resources and increased Chinese presence have triggered anti-state insurgency among the people of #Balochistan, who have been pushed to the margins of economy.
(7/n)
#Pakistan has washed its hands off the worsening security situation in #Balochistan and instead accused New Delhi of sabotaging its economic partnership with China and blamed India for planned destabilization of Pakistan.
(8/n)
The #Balochistan Liberation Army (BLA) has intensified its demands for Baloch independence blaming Beijing for exploiting and making the province more volatile. It has also accused China of being Pakistan’s “partner in crime” as people of #Balochistan get pushed to poverty.
(9/n)
The abovementioned factors have forced the CCP to halt some of the #CPEC projects especially the Mainline-1 (ML-1) rail upgrade to double the speed of trains. The ML-1 project is the costliest project of the CPEC, with 90 percent finances made available by the Chinese.
(10/n)
Beijing has been reluctant to make progress on ML-1 rail upgrade agreement & industrial cooperation where the due to the situation in #Pakistan. The bonhomie between #China and Pakistan will face more troubles in the coming months due to the political environment in Pak.
You can follow @Par1Ke.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled:

By continuing to use the site, you are consenting to the use of cookies as explained in our Cookie Policy to improve your experience.