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Showing posts from April 17, 2019

CPEC to enter ‘new era’ after PM Khan’s visit to Beijing: envoy

By Mian Abrar April 17, 2019 🔊 Listen to Article ‘All countries are welcome to join the development of Pakistan’s economy’ ISLAMABAD:  Chinese Ambassador Yao Jing said on Wednesday that the upcoming visit of Prime Minister Imran Khan to China would take the relations between the two countries into a ‘new era’ of development and prosperity. Addressing the participants during the launch of a book, ‘CPEC – A Precursor to Regional Economic Growth and Stability’, published by Strategic Vision Institute (SVI), Ambassador Yao Jing said that Pakistan and China are entering a ‘new stage of China-Pakistan Economic Corridor (CPEC)’ under which the areas of cooperation would be expanded. He said the leadership-level discussion on the next phase of CPEC would take place during Prime Minister Imran Khan’s visit to China, where he would attend the Belt and Road Initiative (BRI) Forum next week. The book contained chapters written by both Pakistani and Chinese scholars. It highlights the opp

Chinese ambassador calls on Pak Finance Minister to discuss bilateral cooperation, CPEC

ANI | Asia | Last Updated at April 17 2019 15:35 IST Chinese  ambassador  Yao Jing  on Tuesday called on  Finance Minister  Asad Umar  to discuss bilateral cooperation along with the ongoing projects under the China- Pakistan  Economic Corridor (CPEC). During the meeting, Asad briefed the Chinese  envoy  on the measures taken by the  Pakistan  government for creating a conducive environment for foreign investments, The Express Tribune reported. Asad stressed that  China  is a reliable friend and its support is essential for the socio-economic development of  Pakistan. Chinese  businessmen  and investors would also benefit from the current environment by investing in various sectors of Pakistan, particularly agriculture, housing, health, education and energy, the  Foreign Minister added. The meeting comes amid reports that the  International Monetary Fund  (IMF) has delayed a multi-billion bailout package to  Pakistan  arguing that the debt-ridden country could probably use the ai