the_messenger
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Not quoting to counter you, but this was the best post related to the question I had. I get a sense that there is a thought that CPEC will benefit Pakistan. I am hoping to understand how it will be a game changer or kick starter,
One thought is that having a trade corridor will bring in economic benefits. There are couple of ways that can happen either by taxing the trade or exporting goods and services.
For taxing, will trade via CPEC will be cheaper than existing trade routes to allow for tax?
For goods and services, what would be the profitable exports from Pakistan? Raw minerals and coal are what I see as low value exports because it wont generate sustainable wealth generation cycle. What else could be exported for profit to China?
If this discussion has already happened, please do have patience and point me to the relevant thread
CPEC so far has focused on the strategic infrastructure of Pakistan, I think.
They are Road, Rail Road, Electricity that uses local coal, Water Resource Management (dams).
They are the foundation in which everything is built.
Pakistan used to be a place with unstable electricity, without that there is no industry. Now, they are building industrial parks. The effect is well recorded: Pakistan exports are increasing.
Private companies will soon figure out what they can export, they always do.