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Significance

Development of a China-Pakistan Economic Corridor (CPEC) is dominating the bilateral agenda along with security. Expectations are that some 46 billion dollars will be invested in infrastructure in what is a substantial component within Xi's 'One Belt, One Road' vision for international trade connectivity.

Impacts

High levels of investment over the construction period of major projects will boost Pakistan's economy.

Other countries will court China for inclusion in Xi's plans for economic engagement as they see funds flowing to Pakistan.

Increased Chinese investment into Pakistan would help reduce Pakistan's reliance on US aid.

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