Answer :
The China-Pakistan Economic Corridor is a set of infrastructure projects under construction in Pakistan.
Pakistan hopes that Chinese investments will help develop the transport system and improve the country's infrastructure in general. The CPEC, in theory, would facilitate the political and economic unification of the country, which has separatist provinces such as Baluchistan and Gilgit-Baltistan; and others that operate under tribal lifestyles and are poorly integrated with the economic and power centers. China, for its part, seeks to facilitate access to strategically important regions - such as the Middle East and Africa - via the Indian Ocean, faster and relatively safely from the traditional and troubled Malacca Strait. One of the issues regarding the Corridor project is that it runs through delicate regions, notably Gilgilt-Baltistan in Pakistan-administered Kashmir. Consequently, one of the stages of CPEC clashes with the interests of neighboring country India, whose claim considers such territory an integral part of their country.
Answer:
China–Pakistan Economic Corridor is a collection of infrastructure projects that are under construction throughout Pakistan since 2013. Originally valued at $46 billion, the value of CPEC projects is worth $87 billion as of 2020
CPEC will also contribute to improving standard of living. As a result of increase in trade tourism and investment, Pakistan's economy gets a boost and the government is now spending more on public employment opportunities. . CPEC will also help reduce travel cost and travel distance that cause decrease in illegal trade. it will also greatly help in energy sector and add annual 3% increase to the gdp.4% of global trade will pass through Pakistan (1.8 trillion dollars)
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