Pakistan's economy is struggling with a declining growth rate, high inflation, and increasing debt. The budget deficit and current account deficit are also growing. To address these issues, the government needs to attract more foreign investment, improve ease of doing business, boost its international image, modernize industry, and build domestic capability. The China-Pakistan Economic Corridor is a major infrastructure project that aims to connect China to Pakistan's Gwadar Port as part of China's Belt and Road Initiative. However, there is opposition from India due to the route through Kashmir and from the US due to concerns about China's growing influence in South Asia.