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China and Pakistan already conduct trade via the Karakoram Highway. The CPEC projects involve reconstruction and upgrades to National Highway 35 (N-35), which forms the Pakistani section of the Karakoram Highway (KKH). The KKH spans the 887 kilometers between the China-Pakistan border and the town of Burhan, near Hasan Abdal.
Aerial View of The Karakoram Highway. The Karakoram Highway (Urdu: شاہراہ قراقرم, Śāhirāh-i Qarāquram), also known as the KKH, National Highway 35 (Urdu: قومی شاہراہ ۳۵), N-35, and the China–Pakistan Friendship Highway, is a 1,300 km (810 mi) national highway which extends from Hasan Abdal in the Punjab province of Pakistan to the Khunjerab Pass in Gilgit ...
The book is divided into ten chapters that discuss and evaluate the anticipated economic and geopolitical effects on the region. In addition, it investigates the role of CPEC in the future regional cooperation and integration of subnational regions such as Balochistan, Khyber Pakhtunkhwa (including the Federally Administered Tribal Areas), and Gilgit-Baltistan.
China–Pakistan border, Khunjerab Pass. S320: Takeshkan to Fuyun, China (319 km) S11: Fuyun – Wucaiwan; G7: Wucaiwan - Ürümqi; G30: Ürümqi-Toksun; G3012: Toksun-Kashgar; G314: Kashgar - Tashkurgan - border to Pakistan (1948 km) The border is at 4,693 metres (15,397 ft) altitude, the Khunjerab Pass
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The concessional loans are subsidised by the government of China, and are to be dispersed by the Exim Bank of China and the China Development Bank. For comparison, loans for previous Pakistani infrastructure projects financed by the World Bank carried an interest rate between 5% and 8.5%, [20] while interest rates on market loans approach 12%. [21]
The 285-kilometre-long (177 mi) motorway is a part of the Western Alignment of the China–Pakistan Economic Corridor, [2] [3] and offers high speed road connections between the Islamabad-Rawalpindi metropolitan area, and the southern parts of Khyber Pakhtunkhwa province around Dera Ismail Khan.
The modern border dates from the period of the British Raj when Britain controlled India, which then included what is now Pakistan. In 1899, the British, via its envoy to China Sir Claude MacDonald, proposed what became known as the MacDonald Line to the Chinese government, however the Chinese never responded to the proposal and thus this border was never formalised.