Also, with their manufacturing capacity enhanced, Pakistani textile exporters can ship their stuff to West Asia, Africa and Europe. India opposes the CPEC on grounds of sovereignty, as it runs through the disputed Pakistan occupied Kashmir claimed by India as its own territory. Compared to India, Pakistan with only .06% of its population paying income tax, contends with a very poor tax to GDP ratio. In other words, CPEC would bring the 40/50 million strong Pakistan middle class within close reach of the Chinese manufacturers. In a way china can take advantage of Pakistan’s isolation, as it did with Myanmar until a few years ago.

Source: Dhaka Tribune October 07, 2017 08:15 UTC