Wednesday, January 22

CAPITAL FLOWS

Sadika Hameed, CSIS fellow, Program on Crisis, Conflict and Cooperation spoke with WEJ on the future of the Pakistan-China relations and its impact on the regional geopolitical and economic stability.
Ms. Hameed, how would assess the current state of Pakistan-China relations?
Relations between China and Pakistan are certainly close and continue to grow especially with regard to military and economic ties. These ties could possibly expand even further if China grows closer to Central Asia and wants overland access to the Arabian Sea. However, this must be viewed in a wider context with a pragmatic China and its ambitions regionally and globally to understand potential implications for the United States. China will continue to view Pakistan as a strategic ally but will carefully balance it with a growing India which is a major trading partner for them. For example, China-India trade is larger than India’s trade with the United States. Similarly, India will balance its relationship with the United States, now a close partner and ally, for economic and security reasons as well. While China and India may both also compete with each other, regional stability is vital for their regional and global ambitions.

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