So far, China has invested an estimated $300 million on major projects in 2020 alone.
A total of 51 Agreements and Memorandums of Understanding valued at an estimated $46 billion were signed by the duo. This project was launched in 2015 after the Chinese President, Xi Jinping signed some agreements with the Pakistani Prime Minister, Nawaz Sharif. The China-Pakistan Economic Corridor ( CPEC) is one of the dynamic projects of the Belt and Road Initiative (BRI).
Pakistan: The socio-economic impact of CPEC