Pak-China Relations in the perspectives of Emerging Globalization

Abstract

World is becoming a small village day by day. So, the impacts of emerging globalization have really significant now days. New trends are being set and countries are getting closer and focusing and emphasizing upon their economy that how could they improve the economy and would be able to play an important role in the world politics. Countries promote their relations with other world on the basis of their common interests and economy. Pakistan and China have great importance for the world because of their geographical location. Pakistan’s has Gwadar port whereas China has strongest economy of the world. China is holding 80% of the international market. Her influence on world trade increasing rapidly and, in her development, there is another factor which is helping in her economic progress and that is globalization. The term is itself a phenomenon and its influence not only important for states’ economy but also in the other fields of life. The concept of globalization could use only for economic perspective which is wrong, it has other dimensions. Like technology, culture, Media and society also very important in the process of emerging globalization. Pak China relations got new edge on the eve of new Era that is started with the initiation of CPEC. China wanted to develop its western region and for this purpose it has planned to provide shortest route to the area. This project will be game changer in the region. Pakistan is also serious to complete this project as it has become a matter of life for it.

Keywords: Pak-China Relations, Emerging Globalization, China-Pakistan Economic Corridor (CPEC), Economic Integration, Strategic Partnership, Geopolitical Significance, Global Trade Dynamics