With its eye on Pakistani markets, China has planned to pump a staggering 57 billion into the development of the new trade route connecting the two countries.Most Pakistanis are in favor of such investments, as they hope that it will usher in economic development of the country.The improving ties between China and Pakistan are also because funding from Weste investors has reduced significantly in constant power cable Suppliers recent times. China would be looking to buy stake in prime industries in Pakistan such as cement, steel, energy, and textile.China is aggressively seeking profitable business opportunities abroad at a time when growth back home has slowed down. Chinese firms have deep pockets and they are on the lookout for big investments in Pakistan.
This route was used by traders several centuries ago and was popularly known as the silk route. The scale of Chinese investments can easily be seen in Karachi, where sharply-dressed Chinese far outnumber Westeers in the citys hotels, restaurants and airport.. China would also be targeting the Middle Easte and European markets through the CPEC. The various Chinese investments planned under the strategic China-Pakistan Economic Corridor (CPEC) will provide a massive boost to road, rail and energy infrastructure. The new route being developed by China will connect China’s Weste region with Pakistan’s Arabian Sea port of Gwadar through a network of rail, road and pipeline projects.