06 July 2020
- RSIS
- Media Mentions
- Pakistan Benefits from China-India Clash with Hydropower Deal
Pakistan Benefits from China-India Clash with Hydropower Deal
A $2.4 billion deal between Pakistan and China for a massive hydropower project in Kashmir shows how three nations are vying to out-flank one another in the Himalayas, a disputed territory existing on a knife’s edge that recently experienced a deadly clash between Chinese and Indian border forces. Last week, the Balochistan Liberation Army — which has been calling for the separation of the largest of Pakistan’s four provinces for decades now — attacked the Pakistan Stock Exchange in Karachi because Chinese companies have a 40% stake in the bourse. Immediately, Pakistani Prime Minister Imran Khan blamed India for the attack. “By blaming India for [the] stock exchange attack, Pakistan has tried to gain the sympathies of China,” said James M. Dorsey, a Senior Fellow at RSIS. Dorsey added that Pakistan is trying to exploit Indo-China border tensions for its own financial benefit.
RSIS / Print
Last updated on 07/07/2020
