Tuesday, 7 December 2021

Tag Archives: China-Pakistan Economic Corridor

China’s trade with Belt and Road countries reaches $5t

BEIJING: China sees growing ties with Belt and Road countries in trade and economy over the past five years, as by June 2018, merchandise trade between China and countries along the route has exceeded $5 trillion. In the past five years, China’s total investment in economic and trade cooperation zones in these countries amounted ...

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Pakistan allows yuan-based trade with China

KARACHI: Pakistan’s central bank has allowed the Chinese yuan to be used for bilateral trade and investment activities, a move which could replace the US dollar for transactions in the strategic CPEC projects. The State Bank of Pakistan (SBP) said on Monday that all arrangements for using the Chinese currency ...

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