China Pakistan | MCQs

Explanation

• Pakistan and China signed an agreement for the ML-1 railway track in 28 April 2019.
• The agreement aims to upgrade and reconstruct the existing Karachi-Lahore-Peshawar (ML-1) railway track.
• This project is part of the CPEC.

Explanation

The China-Pakistan Economic Corridor (CPEC) is a series of energy and infrastructure projects, some of which connect China’s Xinjiang to Gwadar.

Initiated in mid-2013 and formally launched in April 2015.

CPEC is generally described as a $46 billion package of Chinese aid.

Explanation

The China-Pakistan Economic Corridor (CPEC) is expected to be fully operational by 2030.

The China-Pakistan Economic Corridor (CPEC) is a series of energy and infrastructure projects, some of which connect China’s Xinjiang to Gwadar.

Initiated in mid-2013 and formally launched in April 20, 2015.

CPEC is generally described as a $46 billion package of Chinese aid.

Explanation

Explanation

Chinese Vice Premier He Lifeng is visiting Pakistan from July 30 to August 1, 2023

He Lifeng will attend a ceremony celebrating a decade of CPEC as the chief guest.

China and Pakistan signed six agreements for the promotion of bilateral cooperation.

He Lifeng to be chief guest at ‘Decade of CPEC’ event

Explanation

In commemoration of the 10th anniversary of the China-Pakistan Economic Corridor (CPEC), the State Bank of Pakistan (SBP) is set to release a special Rs 100 commemorative coin.

The coin will be made available from 11 August 2023.

Explanation

CPEC was formally launched in 2015 with the value of $46 billion.

Explanation

Both sides reviewed the continued implementation of CPEC and its expansion to jointly agreed on priority areas.

It is notable that in 2018, Pakistan invited Saudi Arabia to be the third ‘strategic’ partner in the CPEC.

Now, this time, both China and Pakistan are seeking the direct involvement of a third country in this mega project.

Explanation

The recent economic plan between China and Pakistan is CPEC (China-Pakistan Economic Corridor).

It was launched on April 20, 2015, with a $46 billion value.

It is a major infrastructure project aimed at enhancing connectivity and economic cooperation between China and Pakistan.

It serves as a framework for regional connectivity and economic rationalization in a globalized world.