China
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PM to discuss CPEC in maiden visit to China today | The Express Tribune
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[ad_1] Prime Minister Shehbaz Sharif on Monday said that he will discuss the revitalisation of the China-Pakistan Economic Corridor (CPEC) in his talks with President Xi Jinping and Premier Li Keqiang during his two-day official visit to China. The premier left for Beijing today and is among the first few leaders to visit the neighbouring…
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Exports to China grow just 2% in Jan-Sept | The Express Tribune
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[ad_1] BEIJING: crossed $2.57 billion in the first nine months of current calendar year, up 2% yearon-year, showed data of the General Administration of Customs of People’s Republic of China (GACC). Pakistan Embassy Commercial Counsellor Ghulam Qadir told China Economic Net (CEN) that exports to China were increasing every month on a year-on-year basis and…
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Pakistan’s to-do list before PM’s visit to China | The Express Tribune
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[ad_1] ISLAMABAD: The Prime Minister of Pakistan, Shehbaz Sharif, is planning to visit China, his first state visit to the country since assuming office. The visit holds great significance due to three reasons. First, the visit is taking place just after the conclusion of the all-important 20th National Congress of the Communist Party of China.…
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Pakistan seeks $6.3b China debt rollover | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan on Saturday requested China to rollover its $6.3 billion debt that is maturing in next eight months as part of its overall plan to arrange $34 billion in the current fiscal year to meet its debt and external trade-related obligations. Another proposal was also under consideration to seek a fresh Chinese loan…
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PIA again cuts fare for flights from Pakistan to China
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[ad_1] Currently, PIA is operating two weekly flights on Islamabad-Chengdu-Islamabad and Islamabad-Xian-Beijing-Islamabad routes. — AFP/File The Pakistan International Airlines (PIA) has further cut down its fare to facilitate students and other passengers travelling from Pakistan to China with immediate effect. “Now, ex-Pakistan fare for students with taxes will be around Rs248,000 while ex-Pakistan fare for other…
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Stocks climb up on China loan rollover | The Express Tribune
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[ad_1] KARACHI: Bulls dominated trading at the Pakistan Stock Exchange (PSX) during the outgoing week with four sessions closing in the green. Investors’ buying interest revived as soon as China agreed to refinance a $2.24 billion loan. Investors took fresh positions as the week began with positive news that the government was engaged in talks…
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China to help Pakistan maintain financial stability | The Express Tribune
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[ad_1] BEIJING: China will continue to support Pakistan in developing its economy, improving people’s livelihood and maintaining financial stability, said Chinese Foreign Ministry spokespersonZhao Lijian. “China and Pakistan are all-weather strategic partners. China always supports Pakistan in developing its economy, improving people’s livelihood and maintaining financial stability,” Zhao said on Wednesday during his regular briefing…
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China vows support for industrial growth | The Express Tribune
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[ad_1] LAHORE: Newly-appointed Chinese Consul General Zhao Shiren has said that collaboration in various sectors of the economy between Punjab and China can push economic ties to new highs and vowed that the Chinese Consulate in Lahore will fully cooperate to accelerate businessto-business engagement for industrial growth. The consul general expressed these views while visiting…
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China deposits $2.3 billion to boost SBP reserves | The Express Tribune
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[ad_1] China has deposited $2.3 billion in State Bank of Pakistan (SBP) to boost Pakistan’s sliding foreign exchange reserves, Finance Minister Miftah Ismail announced on Friday. “I am pleased to announce that Chinese consortium loan of RMB 15 billion (roughly $2.3 billion) has been credited into SBP account today, increasing our foreign exchange reserves,” he…
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Pakistan signs $2.3b loan facility agreement with China: Miftah Ismail
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[ad_1] Finance Minister Miftah Ismail speaks during the launch ceremony of ´Economy Survey 2021-22´ in Islamabad on June 9, 2022. — AFP ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail Wednesday said Pakistan signed a RMB 15 billion ($2.3 billion) loan facility agreement with a Chinese consortium of banks. Taking to his Twitter handle,…
