FACTORS INFLUENCING PAKISTANIS' PERCEPTIONS OF CHINA ECONOMIC CORRIDOR OF PAKISTAN

Abstract

Based on the social exchange theory the main purpose of the study is to know how different factors affect the perception of the people about mega project of China Pakistan Economic Corridor (CPEC) in Pakistan which is being carried out through the major investment and collaboration of the neighboring country of China. The objective of this current research study is to determine how quality of life, personal benefits, poverty reduction, satisfaction, acceptance and support affects the perception of the people of Pakistan about the whole project of CPEC. A detailed model of study variables was presented and tested by using mix method approach. 400 respondents’ responses were recorded from all over Pakistan through survey technique. Furthermore, 10 interviews were also conducted. The study results are showing that quality of life, personal benefits, poverty reduction, Satisfaction, acceptance and support have positive impact on perception of the people about China CPEC. The theoretical contribution of this study is it is a new addition in the literature of the people perception about CPEC. This study offers various practical implications to policy makers and government officials for successful and timely completion of China Pakistan Economic Corridor and to create prospective approaches based on Pakistani residents’ perception toward better exploitation of CPEC as an opportunity.