Chinas economic corridor is pushing Pakistan towards an economic nightmare. There is a fairy tale story that says Islamabad, following the yellow bricks of the China Pakistan Economic Corridor CPEC, will find prosperity in the embrace of Beijing. The plot line says Chinese funds will flow into Pakistan and help modernise the latters infrastructure this in turn will usher in a boom period for Pakistans domestic economy, part of which will derive from an ability to export more. While Pakistans external debt and even current account deficit may rise sharply initially as it sucks in Chinese capital and machinery, this will all be capacity building investment and will provide future returns that will more than compensate for the original payout. Fear For Sale 3 Nightmare Cinema Galaxy' title='Fear For Sale 3 Nightmare Cinema Galaxy' />Trade figures for the first half of 2. Chinese imports into Pakistan have surged by nearly 3. This reflects a huge surge in power generating material, construction and mining equipment and agricultural machinery more or less what would be expected going by the above script. However, there has also been an 8 drop in Pakistans exports to China a surprise given the improving transport links between the two countries. Islamabad has publicly blamed barriers to Pakistani exports that Beijing has put in place and a free trade agreement that is tilted against Pakistan, throwing into question Beijings motives in building the corridor. The Chinese imports have contributed to a surge in Pakistans trade deficit This rose 7. March, year on year. Worse, Pakistans current account deficit widened a staggering 1. July last year and February. Pakistan is heading for a current account deficit, as a percentage of GDP, about double that of Indias. The deficit is also remarkable given the supposed billions of dollars of Chinese investment that was supposed to come into the country with the corridor. In fact FDI into Pakistan during that same eight month period was less than 1. Chinese transfers. Some Pakistani economists are already fretting about what this could mean. Norton Antivirus The Pirate Bay more. Estimates show Pakistan will have to pay 9. China over the next 3. These pages contain a collection of concise reviews for movies and filmmakers that are extreme in various ways. This is an encyclopedia up to 2016 of fringe. A comprehensive, AZ list of every film, TVshow, dvd, and book reviewed in the print edition of SHOCK CINEMA Magazine Issues 3 through 51. At least seven crew members and three passengers were hospitalized when an American Airlines flight from Athens, Greece to Philadelphia hit extreme turbulence on. Chinas economic corridor is pushing Pakistan towards an economic nightmare So far the benefits of the CPEC seem to be accruing solely on Beijings side of the. Fear-for-Sale-Nightmare-Cinema/chapter-5-05-tower-HOA.jpg' alt='Fear For Sale 3 Nightmare Cinema Galaxy' title='Fear For Sale 3 Nightmare Cinema Galaxy' />This is not impossible, so long as Pakistan attracts capital and exports more during that time. The present export and FDI figures, however, show no evidence of this happening. So far, the benefits seem to be accruing solely on Beijings side of the ledger. If this trend continues as the CPEC expands and develops, Pakistans fairy tale may slowly metamorphose into a horror movie.