Politics

CPEC: China, Pakistan And Russia Bringing Multipolar World Order

With CPEC, China, Pakistan and Russia are bringing multipolar world order to challenge the U.S.-dominated unipolar world order. No world order is able to withstand the test of time. Washington has controlled the rest of the world for quite a while, so the emergence of a powerful alliance between China and Pakistan – with Russia added into the equation – challenges U.S. global dominance and aims to bring multipolar world order.

CPEC China Pakistan Russia
By Government of Pakistan [Public domain], via Wikimedia Commons
Beijing and Islamabad used the China-Pakistan Economic Corridor (CPEC) as a net to catch a giant and elusive butterfly: the U.S. and its global dominance. Through CPEC, which promises to help Pakistan emerge as a major power in Asia within the coming years, China wants to connect Europe, the Arab countries and Africa with the Russia- and China-dominated Shanghai Cooperation Organization (SCO), something that would start a new era for Eurasia and the world as a whole.

How game-changing is CPEC, really?

Pakistan, with its extensive and strong ties to key global and regional players, including the U.S., China, Saudi Arabia and Iran – plays the role of a bridge in CPEC. And this bridge is set to bring major changes to the current U.S.-dominated world order by bringing closer key regional organizations and unions such as the SCO, SAARC, Eurasian Economic Union and others.

CPEC is expected to significantly boost Pakistan’s global position economically, diplomatically and militarily, will also strengthen the SCO, a Eurasian political, economic, and military organization headed by China and Russia. The project was announced by Chinese President Xi Jinping in 2015, and it is part of China’s Belt and Road Initiative and of particular interest for Beijing.

Earlier this month, China increased its CPEC investment to $62 billion from $55 billion. The multi-billion dollar project connects Kashgar, Xinjiang in China to the southwestern Pakistani port city of Gwadar, which is expected to become the busiest port of the region when CPEC becomes fully operational. Pakistani officials recently revealed that more than 50 counties, including the U.K., Russia and Turkey, expressed serious intentions of joining the project.

Russia, China, Pakistan and CPEC undermine U.S. global dominance

With the emerging superpower triangle between Russia, China and Pakistan, the three countries are set to transform the volatile region both politically and economically. The three allied nations have been actively boosting their trade in recent years, indicating that Russia could be intent on joining CPEC any time soon. Meanwhile, Moscow, Beijing and Islamabad seem equally interested in achieving peace, stability and prosperity in the region by putting an end to the Afghan war.

While Russia, China and Pakistan are inching closer to finalizing their ultimate plan to achieve peace in Afghanistan, their united mission goes far beyond Afghanistan and even the Middle East, as the three nations are poised to bring multipolar world order, ending the U.S.-controlled unipolar system.

Warning to Trump: Russia and China are gaining control over Eurasia

With the development of major regional initiatives such as BRICS and CPEC, China, Russia and Pakistan are inching closer to reforming the world system by decreasing the global role of the U.S. and its allies.

While this paves the way for a multipolar world order, if Russia formally joins CPEC, it would send a clear signal straight to the Oval Office, telling U.S. President Donald Trump that Moscow and Beijing are gaining serious control over Eurasia. With CPEC, China hopes to challenge U.S. strategic interests in East Asia and further expand its strategic reach to Central Asia, South Asia, and the Middle East.

CPEC reshaping Asia and the world

Being a rich source of benefits for every partner and investor of CPEC, the multi-billion dollar project could fundamentally strengthen economic relations in Asia. Pakistan alone – thanks to the massive inflow of foreign investments for CPEC projects – could see a more than 7% GDP growth rate and 2 million direct and indirect job opportunities, according to estimations by Pakistani think tanks. CPEC is also set to act as a bridge for China’s ambitious Maritime Silk Route, which will link 3 billion people in Asia, Africa and Europe.

China, which is the world’s fourth biggest oil producer, although it also greatly relies on oil imports, is intent on investing billions of dollars into CPEC because having access to Pakistan’s Gwadar Port would cut the current 12,000 km journey of oil transported to and from China to nearly 2,400 km.

Russia – the world’s second biggest oil producer – has quite a few oil projects in mind for its strategic partner China, and it is also expected to jump head-first into CPEC’s oil benefits. Moscow and Beijing agreed in 2009 to supply 15 million tons per annum through the East Siberia–Pacific Ocean pipeline.

Pakistan bringing multipolar world order, scratching U.S. global dominance

Meanwhile, Beijing wants to use CPEC as a non-Malacca mainland trade passage.

While China continues to place great importance on the South China Sea, having an alternative mainland trade passage would allow it to trade with its partners in Europe, the Middle East and Africa more freely without the U.S. controlling its trade routes through maritime manipulations. With this goal in mind, China has ambitious plans for CPEC, which is set to significantly improve connectivity in the region and thus reform the unipolar world order controlled by Washington.

With the rapid development of CPEC, Pakistan plays a vital role not only in the region but also in the world as a whole. Not only is Islamabad expected to link several major Eurasian economic blocs but also to function as the driving force to bringing multipolar world order.

Get our newsletter and our in-depth investor case studies all for free!

  • Keshav Pawar

    Here are some questions

    As you know CPEC is already established and major road links are completed in September 2015. Six month ago, on 13 November 2016, Gwadar port was officially inaugurated and first cargo ship was arrived in Gwadar for opening. Please let know, How many ships and cargo arrived afterwords? Is situation like Hambantota is going to repeat here?

    Prime ports like Karachi and Qasim port are working under capacity and major road links are completed. How much FDI beyond China Pakistan got in last two years?After Free Trade agreement in 2007 , Pakistan trade deficit is widening continuously every year and every major Industries are crippled because of cheap Chinese goods. Why you hope s in future it will not going to continue? Is China the number one reason for Pakistan’s unemployment?

    The routes connected to Europe and Asia are completed and operational. Why European and East Asian nations going to use CPEC route which usually closed for several months because of extreme weather and has terrorism affected?

    Governor of State Bank of Pakistan, Ashraf Mahmood Wathra, in December 2015, had said “I don’t know out of the $46 billion, how much is debt, how much is equity and how much is in kind”. Why government is hiding these critical details of deal even Governor of State Bank does not have any info about it?
    Instead of concentrating on improving export and industrial sector, Pakistan is obtaining loans from a variety of sources, including the multilateral financial institutions, and through the floatation of bonds in the international market as well as from the foreign commercial banks. Pakistan is taking more loans to cover their deficits and interests of maturing debts, which now reached at new alarming levels and may even lead to Bankruptcy. What Pakistan is doing for reducing overall Debt?

    Due to already burden of existing loans, Pakistan is finding very hard to lend money from existing sources as Local and International Institutions are not willing to offer more loans. With no choice Pakistani government is now putting few of their national assets as mortgage in trading more loans. By mortgaging Motorways, Airports, and Broadcasting stations, Every year Pakistan have to pay Trade Deficit (Currently $24 Billion) plus Budget Deficit plus Interest of there current debts (currently $220 Billion) plus CPEC related loans (Originally $11 Billion Loans with 2% interest plus $35 Billion with 17% guaranteed ROE [Official Figures] and by the way loans are now reached around $62 Billion). How Pakistan will payback these loans and adjustments when Two-thirds of the tax (66%) revenue collected was used for debt servicing, Trade deficit is continuously increasing and exports and remittances are continually falling down?

  • Dr. Veerta Ali Ujan

    This is ignoring the UK. They are going to rely more on Chinese trade after Brexit. They are already investing in cpec and have been building giant ports while China builds giant ships that need deep ports like gwadar. Now the challenge is how to profit from just the use of the port because until Pakistan tames the Hydra headed religious extremists, full use of the land route is too risky. Business is all about the probability of profit v/s risk.

  • Mohammed Rizvi

    Do not kindly read all kinds of frivolous and useless motives into this purely a commercial and development initiative which is a win win for all. But for Pakistan it is an opportunity to get set on a path of growth and development. I Also, wean away narrative from terrorism and terror related subjects to global growth.
    Good Luck ?

  • aftabkazi

    Contrary to the hypothesis that CPEC will be changing the unipolar world into multipolar world order, CPEC/OBOR in fact will likely be balancing the concurrently operating multipolar world order. It is wrong to say that CPEC will be challenging the United States, a major world player, without which international trade and transits CPEC aims at, will not be possible. It is a different matter that a Greater Eurasia oriented regional order is evolving into a Eurasia based new economic realm. Currently, the world order by itself is in the shaping dividing the world into land and sea based powers. It will be a bipolar world, yet with a peaceful co-existence with both land and sea based powers investing into each other. China has already invited the United States and her allies to actively participate into the economic and industrial zones and trade and transit structure under CPEC/OBOR projects and the United States is considering. In fact CPEC/OBOR concept is the broader Chinese version of New Silk Roads deriving from our own Greater Central Asia Partnership doctrine initially conceptualized by our esteemed Dr. S. Frederick Starr that initially proposed new silk roads from Hanoi to Hamburg connecting Central and Southern Asia on which this scribe also has contributed. Chines version of new silk roads combined both land based and maritime routes via the Arabian and Indian oceans, in fact, it is the revitalization of ancient maritime silk routes, when China, Sindh and Central Asia carried out sea-borne trade through the ports of Sindhu Valley. The difference is that Karachi and Gwadar are replacing the ancient port of Barbarikon and others.
    Indeed, CPEC/OBOR will be greatly impacting the world geopolitics and geoeconomics. One must not forget that Greater Eurasian integration as land based powers is an act of Geopolinomics, that compulsively imposes upon the states of Eurasia to trade and transit between themselves because of distances and multiple land-locked circumstances Together these countries can trade through sea transit to the outside world including the sea borne world powers. However, it will be incorrect to say that CPEC/OBOR is an attempt to challenge the United States hegemony. It in fact will be balancing the current multipolar imbalance, turning the world into a multipolar-bipolar mix aiming at a peaceful co-existence.

  • Sultan Mahmood

    Sapientis, your peaceful eurasian analysis lacks to point-out past 16 years of false flag wars by anglo Zionist’s surreptitiously working desperately to bring-about world culling in order to help replace Pax-Americana with Pax-Judaica. It is horribly sad to forecast that, eschatology states this will come to pass.

  • Sapientis

    Russia.China,Turkey,Iran and Pakistan together with central Asian countries have enough financial and military resources to oust US from Eurasia.US has been interfering in Eurasia for decades and has caused death and destruction.An alliance between Russia.China,Iran and Turkey will be good for their economies and will also help keep peace in Asia.