Pakistan’s economy has been going through crisis for a long time, due to high foreign debt, lack of energy, infrastructure weakness and political health. Foreign companies are leaving Pakistan one by one from above, due to which the situation like unemployment-death is deepening in neighboring country.
On the other hand, China and America are making their impact there by dealing with Pakistan. Deals with China and America are being seen as Pakistan’s ‘bikne or mortgage’, as Pakistan is giving strategic impact and control of resources to these two countries.
China is increasing control over Pakistan with more loans and infrastructure development, while America is trying to remove Pakistan from China by focusing on minerals and oil and is increasing its strategic impact. These things promise to make Pakistan financially strong, but in fact it is a threat to Pakistan.
How is Pakistan being sold by China?
China has started a flagship project in collaboration with Pakistan, which is known from the China-Pakistan Economic Corridor (CPEC). This is a project of about 46 billion dollars and now it has become $ 65 billion. This includes construction of road, rail, port, energy plants and economic sector.
Debt trap: In 2025, Pakistan owes 30 billion dollars of money to Pakistan, which is 30 percent of its total debt. Experts are calling it a ‘date trap diplomacy’, which is unable to repay by Pakistan, China can control the properties of Pakistan strategically. For example, China has got a 40 -year lease at the Gawadar port, which can prevent Pakistan from reaching the Arabian Sea.
CPEC passes through Gilgit-Baltistan (part of Pok), Chinese companies are exploiting resources (eg copper, gold) in this area. CPEC increased power generation, but it has become difficult to repay Pakistan’s debt from high interest rates and opaque deals. In 2025, $ 2 billion has been rolled, but Pakistan also needs China’s approval for $ 7 billion IMF bailout. This shows dependence on China.
Pakistan is giving its control to America
The US-Pakistan deals intensified in 2025. Trade agreement was signed in July 2025, in which 19% tariff rate was agreed. The US has reached the development of Pakistan’s oil reserves (offshore of Balochistan) and has access to critical minerals such as antimony, copper, rare meaning. There has been a $ 500 million deal for critical minerals.
The first American oil cargo is coming in October 2025. This deal is to reduce dependence on China, but Pakistan has to sell resources. The US is focusing on Balochistan’s minerals and oil. Even though this deal is to reduce the influence of China, but the experts consider it to be Pakistan as the pawn of America. This deal is bringing investment, but the exploitation of minerals to Pakistan is benefiting American companies.
Trump gets a big offer
The Financial Times report has made a big disclosure that the Army Chief Asim has proposed to create a port in Pasni for access to Munir Minerals. This proposal includes the construction and operation of a terminal to reach the important minerals of Pakistan in the city of Pasni on the banks of the Arabian Sea.
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