A Geoeconomics Perspective of the China-Pakistan Economic Corridor: An Analysis of Belt and Road Conflict

Authors

  • Muhammad Rafi Research Fellow, Nanjing University, PR, China
  • Iffat Shafi Advocate Lahore High Court Lahore, Pakistan.

DOI:

https://doi.org/10.62585/ilhr.v2i1.80

Keywords:

geoeconomics, geopolitical, deregulation, adjudication, belt and road

Abstract

This study clarifies that a conflict resolution process that prioritizes larger attraction and all lawful rights is necessary given the interlocking geopolitical, security, and economic interests supporting the Belt and Road Initiative. Applying the China-Pakistan Economic Corridor (CPEC) as an analysis determines the circumstances under which Chinese investors may have started speculation adjudication but chose not to. The failure of the investment covenant's human rights orientation to take a variety of project enterprise interests into account explains this. Investor protection instead comes from alternative home country intervention strategies like publicly sponsored political menace insurance. Put another way, political economics related to CPEC speculations rejects the use of strict legal frameworks. In this situation, mediation might be a good substitute. These conditions hasten the delegalization tendency, often attributed to factors other than public safety but frequently mentioned as an unavoidable by product of the advance geopolitical objectives.

 

 

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Published

2023-08-21