China Pakistan Relations | MCQs

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

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.