The Chinese plans of investing more than $45 billion in Pakistan to set up the China-Pakistan Economic Corridor have some commentators already comparing the investment to the Marshall Plan. This kind of investment is unprecedented but China seems to be making it a habit nowadays: it has invested tens of billions of dollars in improving African infrastructure in the last few years. It intends to invest $250 billion in South America over the next decade. This May it announced a $50 billion project with Brazil and Peru, which includes a massive trans-continental railway link running through the Amazon rainforest. The scope and scale of these investments is staggering and brings to mind the logical question: has the Chinese century begun?
Strategic Perspectives Through Research and Dialogue
