China
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Sesame seed exports to China surge 190% | The Express Tribune
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[ad_1] BEIJING: Pakistan’s sesame seed export to China surged to $42.88 million in the first two months of 2022, showing a growth of 190.48% on a year-on-year basis. According to General Administration of Customs of China (GACC), China imported 28,662.66 tons of sesame seeds worth $42.88 million, marking an increase of 141.37% by volume, while…
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Rice export to China rises 3.9% in Jan-Feb | The Express Tribune
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[ad_1] BEIJING: Pakistan’s rice export rose by 3.9% to $132.59 million in the first two months of this year, according to the General Administration of Customs of China (GACC). During the first two months (Jan-Feb) of 2022, bilateral trade has increased significantly and China imported more than 347,434 tons of different types of rice, increasing…
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China helps supply PV module to Pakistan | The Express Tribune
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[ad_1] BEIJING: Recently, C&D Clean Energy has announced a partnership with Integra Solar for panel supply chain services. According to a signed memorandum of understanding, C&D Clean Energy will provide Integra Pakistan with integrated supply chain services of 100MW solar modules in 2022. “Integra’s value concept is to write the earth’s green future by choosing…
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China to review new SEZ proposal | The Express Tribune
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[ad_1] ISLAMABAD: China has agreed to consider Pakistan’s request for setting up a government-owned Special Economic Zone (SEZ) aimed at reducing construction time and addressing financing issues amid Islamabad’s inability to make special zones operational. The request was made during sixth meeting of the Joint Working Group (JWG) on Industrial Cooperation on Friday. The meeting…
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Tesla recalls nearly 128,000 cars in China due to defect
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[ad_1] Cars are seen on the assembly line during a tour of the Tesla Giga Texas manufacturing facility ahead of the “Cyber Rodeo” grand opening party on April 7, 2022 in Austin, Texas. — AFP/File BEIJING: Tesla has recalled nearly 128,000 cars in China due to a fault that could “increase the risk of vehicle…
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Pakistan eyes China to boost potato industry | The Express Tribune
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[ad_1] BEIJING: Pakistan plans to increase potato production and grab a share in the Chinese market through modern Chinese technology and high-quality seeds, said Pakistani authorities. Commercial Counsellor of Pakistan Embassy in Beijing Badaruz Zaman said that Pakistan was one of the largest potato producers in the world. “Local consumption is around 4 to 5…
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Govt gets financial relief as China rolls over$4.2b debt | The Express Tribune
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[ad_1] ISLAMABAD: Finance Minister Shaukat Tarin on Tuesday said that China has agreed to rollover $4.2 billion debt that was maturing this week, providing a major financial relief to the government. The $2 billion loan by China’s State Administration of Foreign Exchange (SAFE), has been rolled over, Tarin confirmed to The Express Tribune. The SAFE…
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Footwear industry offers opportunities for China | The Express Tribune
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[ad_1] SHANGHAI: Pakistan’s footwear exports achieved a double-digit growth. The footwear exports of the country in the first eight months of fiscal year 2021-22 reached $104 million, a year-on-year increase of 17.7%, and the export volume was $12.09 million, a year-on-year increase of 9.08%, according to the latest data released by the Pakistan Bureau of…
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US benchmark WTI oil price sinks 5% on Ukraine, China
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[ad_1] — AFP LONDON: US benchmark oil West Texas Intermediate slid Monday on Ukraine peace hopes and after major consumer China imposed a Covid lockdown on the tech hub of Shenzhen. WTI slid almost 5.1% to $103.80 per barrel, while European benchmark Brent North Sea crude shed 4.0% to $108.13. “Prices are falling… due to…
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Oil falls $7 on Russia-Ukraine talk hopes, China lockdowns | The Express Tribune
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[ad_1] LONDON: Oil prices fell around $7 a barrel on Monday as investors pinned hopes on diplomatic efforts between Ukraine and Russia to end their conflict, while a surge in Covid-19 cases in China spooked the markets. Brent was down by $6.78, or 6%, at $105.89 a barrel at 1358 GMT and US crude fell…
