Skip to main content

Coronovirus epidemic not to affect economic cooperation with Pakistan, says Chinese envoy

Brecorder.com Business Recorder , Pakistan

  • The Ambassador says the agreed tariff rate for CPEC projects were according to the market rate.
  • The rapid spread of a new coronavirus in China, the world's second largest economy, has dented the global economy.

The ongoing epidemic of novel coronavirus would not halt economic cooperation between China and Pakistan, said Chinese Ambassador to Pakistan, Yao Jing.

“We are thankful to the Pakistani government and people for showing solidarity in our difficult time which provide us strength and more confidence", he said while addressing a special Seminar titled “Six Years of Belt and Road Initiative (BRI) and China Pakistan Economic Corridor (CPEC)."

The envoy said that after six years successful implementation of CPEC project under the umbrella of Belt and Road Initiative (BRI), it is now established that CPEC and other corridors under BRI are projects of international cooperation, where 126 countries joined these projects.

“I am looking CPEC in the context of historic China and Pakistan relations, where CPEC provided new focus and new opportunities on economic front", said Yao adding that CPEC under more clear and consistent policies coupled with set direction will help Pakistan in the long term.

Responding to a question of high cost of electricity from power projects developed under CPEC, the Chinese envoy said that the agreed tariff were according to the market rate and it was now responsibility of the government to pass on those agreed rates to the consumers.

The rapid spread of a new coronavirus in China, the world's second largest economy, has dented the global economy with a number of corporations shutting down their businesses in China on temporary basis.

Meanwhile, China extended its Lunar New Year holiday as a measure to contain an outbreak that has now infected over 20,000 people and killed more than 400, and some firms are now extending factory closures.

Comments

Popular posts from this blog

SSG Commando Muddassir Iqbal of Pakistan Army

“ Commando Muddassir Iqbal was part of the team who conducted Army Public School operation on 16 December 2014. In this video he reveals that he along with other commandos was ordered to kill the innocent children inside school, when asked why should they kill children after killing all the terrorist he was told that it would be a chance to defame Taliban and get nation on the side. He and all other commandos killed children and later Taliban was blamed. Muddassir Iqbal has deserted the military and now he is  with mujahedeen somewhere in AF PAK border area” For authenticity of  this tape journalists can easy reach to his home town to interview his family members or   ISPR as he reveals his army service number” Asalam o Alaikum: My name is Muddassir Iqbal. My father’s name is Naimat Ali. I belong to Sialkot divison (Punjab province), my village is Shamsher Poor and district, tehsil and post office  Narowal. Unfortunately I was working in Pakistan army. I feel embarrassed to tell yo

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میں Please help the deserving persons... Salary: Salary package in China–Pakistan Economic Corridor (CPEC) in these 300,000 jobs shall be on daily wages. The details of the daily wages are as follows; Welder: Rs. 1,700 daily Heavy Duty Driver: Rs. 1,700 daily Mason: Rs. 1,500 daily Helper: Rs. 850 daily Electrician: Rs. 1,700 daily Surveyor: Rs. 2,500 daily Security Guard: Rs. 1,600 daily Bulldozer operator: Rs. 2,200 daily Concrete mixer machine operator: Rs. 2,000 daily Roller operator: Rs. 2,000 daily Steel fixer: Rs. 2,200 daily Iron Shuttering fixer: Rs. 1,800 daily Account clerk: Rs. 2,200 daily Carpenter: Rs. 1,700 daily Light duty driver: Rs. 1,700 daily Labour: Rs. 900 daily Para Engine mechanic: Rs. 1,700 daily Pipe fitter: Rs. 1,700 daily Storekeeper: Rs. 1,700 daily Office boy: Rs. 1,200 daily Excavator operator: Rs. 2,200 daily Shovel operator: Rs. 2,200 daily Computer operator: Rs. 2,200 daily Security Supervisor: Rs.

A ‘European Silk Road’

publication_icon Philipp Heimberger ,  Mario Holzner and Artem Kochnev wiiw Research Report No. 430, August 2018  43 pages including 10 Tables and 17 Figures FREE DOWNLOAD The German version can be found  here . In this study we argue for a ‘Big Push’ in infrastructure investments in greater Europe. We propose the building of a European Silk Road, which connects the industrial centres in the west with the populous, but less developed regions in the east of the continent and thereby is meant to generate more growth and employment in the short term as well as in the medium and long term. After its completion, the European Silk Road would extend overland around 11,000 kilometres on a northern route from Lisbon to Uralsk on the Russian-Kazakh border and on a southern route from Milan to Volgograd and Baku. Central parts are the route from Lyon to Moscow in the north and from Milan to Constanţa in the south. The southern route would link Central Europe with the Black Sea area and