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Chinese President Xi Jinping heads to Islamabad Monday for a rare visit to unveil a $46 billion investment plan that Pakistan hopes will end its chronic energy crisis and "transform" the country into a regional economic hub. With the plan, known as the China Pakistan Economic Corridor (CPEC), Beijing hopes to ramp up investments in Pakistan as part of its ambitions to expand its trade and transport footprint across Central and South Asia, while countering US and Indian influence. Pakistan, a Muslim majority country of 200 million that has been battling an Islamist insurgency for over a decade, hope the investments will spur its long-underperforming economy, which the IMF projects is set to grow 4.3 percent this year. "The real opportunity of this China Pakistan Economic Corridor is that it changes the scope of the relationship from geopolitics to geoeconomics," Ahsan Iqbal, the minister overseeing the projects, told AFP.