ISAS Briefs

For a number of reasons, the structure as well as the future of the Asian economy has begun to be transformed. Some of the old assumptions no longer hold. The West’s rapid demographic transition is changing the pattern of demand which would mean that exports to the old industrialised countries will no longer be the main driver of Asia’s economic progress. There are other developments taking place that will also profoundly affect Asia’s future. One of them, examined in this paper, is the China-Pakistan Economic Corridor which is at the centre of what can be called China’s ‘Look-West’ Policy.