Rumors of Pakistan Economy Default until IMF Loans Return

Fight against TTP and Afghan Border

China has a history of entering a market and dominating the local industry, potentially leading to the demise of local businesses. The Chinese have been given access to Pakistan through the China-Pakistan Economic Corridor (CPEC) and it is feared that Chinese goods may have a similar impact on the Pakistani industry as Walmart has had in other countries. Pakistan could potentially benefit from implementing a “Make in Pakistan” initiative similar to India’s “Make in India” program, which aims to sustain and improve local industry and technology. Some may argue that Pakistani leadership has demonstrated poor judgment in agreeing to the terms of the CPEC and that the country will bear a heavy burden as a result.