On 8 January 2017, Forbes claimed that CPEC is part of China's vision to write the rules of the next era of globalization and help its export and investment engines run for years to come.[262] Writing in January 2017, Arun Mohan Sukumar of India's Observer Research Foundation claimed that "CPEC is an important enough project whose economic and strategic consequences require methodical assessment", adding that "CPEC may be a bilateral endeavour, but New Delhi cannot ignore its spillover effects on regional governance" and concluding that "India would be ill-advised to rely on the false comfort that profits alone will drive China's business with Pakistan".[263]