Скачать или смотреть [deep research] "CPEC by 2024: A Comprehensive Overview of its Impact on China-Pakistan Co

The China-Pakistan Economic Corridor (CPEC), launched in 2015 as part of China's Belt and Road Initiative, aims to enhance connectivity between Xinjiang and Gwadar Port with a projected budget of $62 billion. The initiative has undergone four critical phases leading to its anticipated completion in 2024: the Early Harvest Phase (2015-2017) focused on energy and infrastructure; the Consolidation Phase (2018-2020) faced setbacks due to security concerns and financial instability; the Stabilization Phase (2021-2023) involved IMF negotiations amid heightened security measures; and the Sustainability Phase (2024+) will prioritize local engagement and sustainable development. Challenges include persistent security threats from militant groups, financial instability exacerbated by reliance on Chinese loans, and domestic political volatility. Local discontent, particularly in Balochistan, underscores the need for inclusive planning. Geopolitically, CPEC is viewed as a strategic maneuver by Chi