China - Pakistan Debt (Alleged) Trap: Analyzing the Exploitive Nature of CPEC with "World System Theory"
https://whatsapp.com/channel/0029VaY98AM9hXF8HkfxYY39 https://wa.me/c/923554754711 China - Pakistan Debt (Alleged) Trap: Analyzing the Exploitive Nature of CPEC with "World System Theory" • The China-Pakistan Economic Corridor (CPEC) is part of China's Belt and Road Initiative (BRI), aimed at expanding Chinese influence globally. CPEC has increased Pakistan's economic dependence on China, leading to concerns about a potential debt trap. • The World System Theory describes the relationship where China is the "core" and Pakistan is the "periphery." This theory highlights the exploitation of Pakistan, which provides cheap labor and raw materials to China, while China supplies high-profit consumption goods. • The partnership has led to economic benefits for Pakistan, such as infrastructure development and increased connectivity. However, it has also resulted in significant debt for Pakistan and dependence on Ch