A report published by Al Jazeera challenges China’s long-promoted narrative of a uniquely close China–Pakistan relationship. It argues that ties between Beijing and Islamabad are not driven by ideology or emotional affinity as they claim, but rather shared geopolitical interests centered on countering India. The report states that the $62 billion China–Pakistan Economic Corridor (CPEC), once promoted as a flagship Belt and Road Initiative (BRI) effort, has instead exposed mounting debt burdens, economic imbalances, and security risks.
The report reviews two historical secret arrangements between the two countries. The first was Pakistan’s 1963 transfer of control over the disputed Shaksgam Valley to China shortly after the 1962 Sino–Indian war, as part of a strategic alignment against India. The second involved alleged secret nuclear cooperation beginning in the 1970s after India’s nuclear test, including Chinese assistance in nuclear technology and weapons-related development.
CPEC has failed to deliver the prosperity initially promised. China is now Pakistan’s largest bilateral creditor, holding roughly $29 billion in loans, accounting for about 22 percent of Pakistan’s external debt. Pakistan has become increasingly dependent on Chinese debt rollovers. The report also highlights a major trade imbalance: China exported $20.2 billion worth of goods to Pakistan in 2025, while Pakistan’s exports only $2.8 billion to China.
Chinese-led infrastructure projects, including development around Gwadar Port, have reportedly generated local resentment because surrounding communities were largely excluded from ownership and economic benefits. Some Chinese BRI projects have also reportedly been scaled back or abandoned due to concerns over Pakistan’s repayment capacity and deteriorating security conditions.
During the 2025 India–Pakistan military clash, Pakistan extensively used Chinese-made weapons systems, including J-10C fighter jets, HQ-9 air defense systems, and PL-15 missiles. However, China’s diplomatic influence in de-escalating the conflict proved limited, while the United States played the leading role in mediating a ceasefire.
The report concludes that despite the economic difficulties surrounding CPEC, Beijing is unlikely to allow Pakistan to collapse because of its continuing strategic value as a counterweight to India.
Source: Renminbao, May 23, 2026
https://renminbao.com/rmb/articles/2026/5/23/95288b.html