Development Path of Bilateral Economic Relations between Pakistan and China: Current International Situation

Abstract

China and Pakistan are strategic partners, and the two people share a deep historical sentiment. Currently, changes in the world, times, and history are unfolding in an unprecedented manner. Faced with a highly uncertain world situation, Pakistan and China maintain high-level cooperation in multilateral mechanisms, closely cooperate on major international and regional issues, and achieve mutual benefit and win-win results. It analyzes the prospects for deepening cooperation in bilateral trade between Pakistan and China, as well as the risk factors that are likely to occur in bilateral trade between Pakistan and China. For this research study both the primary and secondary sources are utilized and qualitative research techniques are applied to trace out the results. It is necessary for both the partner to never undermine the threats of the international powers and changing politics of the world.