Tuesday, 22 October 2019

Tag Archives: CPEC

Huawei to set up regional headquarters in Pakistan

ISLAMABAD: Vice President of Huawei Group Mark Xueman Wednesday said his company would set up a regional headquarters in Islamabad at a cost of $55 million, which would create job opportunities for local young engineers. The leading Chinese mobile phone company would invest total $100 million in Pakistan during the ...

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Pakistan emerges as major partner of BRI

BEIJING: Pakistan has emerged as a leading partner of the Belt and Road Initiative (BRI) introduced by President Xi Jinping six years back, according to a survey released at a media and think tank exchange event held in Nanjing, Jiangsu province, China.Fast and smooth functioning of CPEC makes Pakistan’s role ...

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Saudi crown prince signs $20 billion in agreements with Pakistan

ISLAMABAD: Pakistan and Saudi Arabia usher in a new era of bilateral relationship by signing investment deals worth more than $20 billion during visit of Saudi Crown Prince Mohammed bin Salman, who arrived in Islamabad on Sunday. The unprecedented Saudi investment is seen as a ‘game changer’ and major boost ...

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Pakistan, China agree to expedite Gwadar projects

BEIJING: Pakistan and China have agreed to expedite implementation of Gwadar projects, particularly development of Gwadar social sector projects. The agreement came during meetings of Joint Working Groups of Gwadar and Planning via video conference in Islamabad. The meetings were co-chaired by Secretary Planning, Development and Reform Zafar Hassan and ...

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China will continue to support Pakistan in economic development: Hua Chunying

BEIJING: China will continue to offer assistance and support to Pakistan in its economic and social development. This was stated by Chinese Foreign Ministry Spokesperson Hua Chunying, while responding to a question during regular press conference in Beijing. Regarding recently concluded visit of Prime Minister Imran Khan to China, the ...

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CPEC loans not responsible for Pakistan’s economic crisis: China

BEIJING: China said it supported International Monetary Fund (IMF) in carrying out an objective and professional evaluation of Pakistan’s financial situation and assisting it dealing with current difficulties and added, the relevant measures should not affect normal bilateral cooperation between China and Pakistan. “As a member of the IMF, China ...

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China and India agree to maintain peace on border

WUHAN: India’s Prime Minister Narendra Modi and Chinese President Xi Jinping have agreed to strengthen communications and maintain peace along the border following the conclusion of a two day “informal” summit held in the central Chinese city of Wuhan, Sunday. “The two leaders underscored the importance of maintaining peace and ...

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China: No Military Aim of Corridor Project With Pakistan

ISLAMABAD: China has strongly refuted suggestions its multibillion-dollar economic corridor now under construction with Pakistan has “hidden” military designs as well. Beijing has pledged to invest about $63 billion in Pakistan by 2030 to develop ports, highways, motorways, railways, airports, power plants and other infrastructure in the neighboring country, traditionally ...

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PM Abbasi attends Commonwealth summit in UK

LONDON: Prime Minister Shahid Khaqan Abbasi will lead the Pakistani delegation to the 25th Commonwealth Heads of Government Meeting (CHOGM-2018) to be held in London from Wednesday to Friday (April 18 to 20). The main theme of the conference is “Towards A Common Future.” Pakistan is one of the founding ...

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