"The China-Pakistan Economic Corridor (CPEC) won't affect the status quo of Kashmir dispute" as China has stated that it should be resolved between India and Pakistan, an article in the state-run Global Times said.
The project is an economic plan set to connect China and Pakistan and advance Pakistan's economy and improve the lives of its people, the paper said, adding the investment from Chinese firms and their participation in some architectural construction won't affect the situation of Kashmir either.
"Just like the Taiwan question, Beijing doesn't object any economic links between Taiwan and other countries including India because economic activities won't alter China's sovereignty over the island," it said.
"Hence, India should be flexible and pragmatic, and be more open to economic activities in the Kashmir region conducted by Chinese companies," it said.
Clashes have impeded the economic development of both India and Pakistan as violence and terrorism led to underdevelopment and poverty in Kashmir, it claimed.
"The CPEC, however, will boost the economic development in the region, bringing jobs and improving the quality of life," the paper said, adding that the project can be extended to Jammu and Kashmir if India allows, and benefit the Indian people, as well as regional stability.
India has protested over the CPEC project as it passes through PoK.
China defends the project, saying it is a development oriented project aimed at improving lives of the local people and it makes no difference to Beijing's stand on the Kashmir issue.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)