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CPEC could destroy Pakistan economy and society

 

The China-Pakistan-Economic-Corridor (CPEC) -- flagship project under the mega One Belt One Road (OBOR) initiative -- is not merely a corridor that Pakistan is hoping will transform its economy but rather a project that may wreck its finances and societal structure.  

A 15-year master plan of CPEC that has come to light reveals that Pakistan will be fully subjugated by China under the current terms and conditions of the project.

The master plan, a copy of which is seen by ET, envisages a deep and broad-based penetration of most sectors of Pakistan’s economy as well as its society by Chinese enterprises and culture. The plan spells out in detail what Chinese intentions and priorities are in Pakistan for the next 15 years. It may be recalled that China has decided to invest $62 billion for the CPEC project.

A 15-year master plan of CPEC that has come to light reveals that Pakistan will be fully subjugated by China under the current terms and conditions of the project.
 

The master plan, a copy of which is seen by ET, envisages a deep and broad-based penetration of most sectors of Pakistan’s economy as well as its society by Chinese enterprises and culture. The plan spells out in detail what Chinese intentions and priorities are in Pakistan for the next 15 years. It may be recalled that China has decided to invest $62 billion for the CPEC projects.

Under the plan, thousands of acres of agricultural land will be leased out to Chinese enterprises in Pakistan to set up “demonstration projects” in areas ranging from seed varieties to irrigation technology.

A system of monitoring and surveillance will be built in cities from Peshawar to Karachi with 24-hour video recording on roads and busy marketplaces for law and order.

Besides, as the per master plan, a national fibre-optic backbone will be built for Pakistan not only for internet traffic, but also terrestrial distribution of broadcast TV, which will cooperate with Chinese media in the “dissemination of Chinese culture”. A similar Sinification is visible in the Mandalay town of Myanmar which has impacted local architecture and culture. It remains to be seen how a conservative section of the Pakistani society reacts to the influence of Chinese culture.

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In some areas, the plan is to build on a market presence already established by Chinese enterprises -- for instance, Haier in household appliances, China Mobile and Huawei in telecommunications, and China Metallurgical Group Corporation in mining and minerals.

 

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