Ali Haider Saleem
Mr. Ali Haider Saleem is a Research Associate at the Institute of Strategic Studies, Islamabad.
DOI: http://DOI Number
Keywords: CPEC, trade, economy, industry, connectivity
Abstract
The trade deficit between Pakistan and China has been expanding for several years for a variety of reasons with serious repercussions for Pakistan’s economy. This paper aims to suggest policy options for Pakistan to address this issue. It analyses quantitative and qualitative information regarding Pakistan’s economy and trade figures with China. Many of the issues in promoting Pakistan’s exports have been highlighted. Given the significance of the China-Pakistan Economic Corridor (CPEC) in determining future economic ties of both countries, its impact on boosting Pakistan’s export potential, and challenges have been elaborated. The paper also discusses the promise of the economic transformation in China for Pakistan. A number of recommendations to reduce the trade deficit with China have been offered but the paper also attempts to explain why they may not be enough. That said, there is still plenty to gain for Pakistan from its economic relationship with China and it can certainly be sustainable.
First Published
September 25, 2020
How to Cite
Ali Haider Saleem, “Trade Deficit with China: Realising Gains for Pakistan,” Regional Studies 38, no.3 (Autumn 2020): 99-115, https://regionalstudies.com.pk/wp/article/trade-deficit-with-china-realising-gains-for-pakistan/
Issue
Volume 38, Issue 3