Today we will talk about profits and negatives of china Pakistan economic corridor.
Firstly thing is that Pakistan is taking high interest loans from china and more importantly a very big chunk of these loans are going to corruption scandle. You know we don't know about rate of interest and all those things under this project, literally we have no clarity that on which conditions these loans are being given but forget these things for a minute and think seriously that will it be beneficial for Pakistan? The answer of this question is Very complicated, you will consider my above and more points to make your thinking on these projects.
Probably you read my article rapid development, dying democracy. In that article, I throughlly discussed that why development should be slow because you will find no place in the world where democracy and very rapid development coexists so believe me this project will be harmful for Pakistan democracy (although Pakistan has fake democracy but we will discuss about that in future) but what about Pakistan government, they will carry forward the project given indian opposition. Infact,you will be shocked to know that India's opposition on this is enough for Pakistan to bet on project but this project will proove a disaster to Pakistan in future. By the way Pakistani will bear the cost of heavy loans in future.