Economic Partnerships | MCQs

Explanation

The agreement for the China-Pakistan Economic Corridor (CPEC) was signed during Chinese President Xi Jinping's visit to Pakistan in April 2015.

The China-Pakistan Economic Corridor (CPEC) is a series of energy and infrastructure projects, some of which connect China’s Xinjiang to Gwadar.

Initiated in mid-2013 and formally launched in April 2015.

CPEC is generally described as a $46 billion package of Chinese aid.

Explanation

China remains Pakistan's largest importer partner in 2022-23

while

The United States is the largest export partner