China
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China export restrictions to affect US defence, clean energy
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The flag of China is placed next to the elements of Gallium and Germanium on a periodic table, in this illustration picture taken on July 6, 2023. —Reuters As a trade battle between the two largest economies in the world…
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China unveils $1.4tr local debt package but no direct stimulus
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A building housing the PricewaterhouseCoopers (PWC) branch office stands behind a Chinese national flag in Beijing January 24, 2014. — Reuters BEIJING: China unveiled a 10 trillion yuan ($1.40 trillion) debt package on Friday to ease local government financing strains…
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China to offer ‘tariff-free trade to Afghanistan’
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Taliban’s acting commerce minister Haji Nooruddin Azizi sits next to flags of Afghanistan and China, during an interview, at the Embassy of Afghanistan in Beijing, China, on October 19, 2023. — Reuters Beijing’s envoy to Kabul announced on Thursday that…
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Pakistan approves PWD closure and ML-1 financing agreement with China | The Express Tribune
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Listen to article The federal cabinet, under the leadership of Prime Minister Shehbaz Sharif, has approved the immediate closure of the Pakistan Public Works Department (PWD) and the implementation of the first phase of the ML-1 railway project. During today’s cabinet meeting,…
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China launches dairy probe as trade tensions rise over EV tariffs | The Express Tribune
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BEIJING: China initiated an anti-subsidy investigation into dairy imports from the European Union (EU) on Wednesday, intensifying trade tensions between the two parties. This move came just one day after the EU revised its proposed punitive tariffs on Chinese-made electric…
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China approves use of local coal for three Pakistan power plants | The Express Tribune
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China has approved the conversion of three coal-fired power plants in Pakistan from imported coal to local coal, a significant move aimed at reducing energy costs. Sources confirmed that Finance Minister Muhammad Aurangzeb and Energy Minister Owais Leghari, currently visiting…
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Pak, China launch report on SEZs | The Express Tribune
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ISLAMABAD: The Pakistan-China Institute, in collaboration with the China Chamber of Commerce in Pakistan and PowerChina, has launched a pivotal report titled “Aligning Special Economic Zones Policies of Pakistan and China.” This report aims to enhance economic and industrial collaboration…
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China and Saudi Arabia expected to roll over $9 billion debt for Pakistan | The Express Tribune
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Pakistan is anticipated to secure a rollover of $9 billion in debt from China and Saudi Arabia for the fiscal year 2024-25. In addition, Pakistan is seeking funding for the Diamer-Bhasha Dam project. Sources from the Ministry of Economic Affairs…
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FM Aurangzeb heads to China to reschedule $15 billion energy loan | The Express Tribune
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Federal Finance Minister Mohammad Aurangzeb is set to embark on a three-day visit to China today, aiming to discuss the rescheduling of a $15 billion energy loan. According to sources from the Ministry of Finance, a joint working group may…
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PM orders fast tracking China deals to expand investments
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PM Shehbaz Sharif chairs a review meeting on Pak-China cooperation at PM House on July 20, 2024. — AFP ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday directed the authorities concerned to expedite process of implementing the agreements and memorandum of…
