In 1949, China had total GDP of roughly $10 billion. Today it is 4.2 trillion. Per capita GDP is $3200 and national/foreign reserves at two trillions. The economic success story of China came about due to three reasons: trade with foreign countries, traffic of foreign trade in land and development of the huge domestic market. Pakistan was the first country that recognized China. When in the decade of 1960-70, the world closed all doors on China, only Pakistan kept its economy open to China. Then, in 1970, Pakistan helped China normalize relations with US. With China on its way to becoming an economic giant to dwarf all economic giants in 2000s, Pakistan is firmly tied to its coattails. Pakistans keenness in Sino-Pak relations can be gauged from quarterly sojourns (4 every year) of President Zardari and two visits of PM Gilani in less than a years time. Although Pak-Sino business, at only $7 billions, is puny at this stage, the cooperation in defence is enormous; frigate 22, JF Thunder and many other projects all being a part of the Chinese military assistance. Some 200 MOUs have been signed between the two countries from 2003 to 2009. Trade is expected to rise to $15 billions in 2011. Some 100 Chinese companies are currently working in Pakistan making Beijing the second largest trade partner of Islamabad. A special task force has been formed just to serve the Chinese Engineers and workers stationed here. China is deepening engagement with ASEAN, SCO and now SAARC. Chinas trade with our other neighbour, India, is rising exponentially too. Being in the centre of regional cooperation blocs like ASEAN, SCO and SAARC, China seeks to play a major role in intra-regional connectivity. China is following a 'Capito-Socialist model of trade and commerce that is uniquely its own and totally different from the holistic Socialism USSR had pursued before its break up. -ZEESHAN FAISAL KHAN, Peshawar, October 20.