As cash-strapped Pakistan approached the IMF for a bailout agreeing to share the details of huge Chinese loans obtained for the CPEC, a wary China on Monday said the global lender should “objectively and professionally” evaluate its investments and ensure that any financial package does not affect close ties […]
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Pakistan, China negotiating on phase-II of FTA: Chinese diplomat
China and Pakistan are negotiating the terms of the second phase of their free trade agreement to increase trade and provide free trade opportunity for their businesses, a senior Chinese diplomat has said. Beijing and Islamabad have held around 10 rounds of talks to iron out differences over the […]
China says different voices coming from Pak on CPEC; plays down reports on investment cut
China on Tuesday played down reports of Pakistan’s plans to cut down a railway project under the multi-billion dollar CPEC by USD 2 billion, saying Prime Minister Imran Khan has assured his support to the various projects under the flagship Belt and Road Initiative. Pakistan’s Railways Minister Sheikh Rashid […]