Pakistan-china Deals

Pakistan recently imported "non-functional" railway bogies worth USD 149 million from China, leading to discontent among Pakistan Railways authorities and casting doubt over Chinese imports.

China's Belt and Road program has found new life in Pakistan with $11 billion worth of projects signed in the last month, driven by a former lieutenant general who has reinvigorated the infrastructure plan that's been languishing since Prime Minister Imran Khan took office two years ago.

For the first time Pakistan has disclosed that it has taken a total debt of $6.5 billion from China in the current financial year, which is equal to 75 per cent of the total foreign loans of $8.6 billion the cash-strapped country received during the period.

Chinese companies are in talks to snap up more businesses and land in Pakistan after sealing two major deals in recent months, a sign of deepening ties after Beijing vowed to plough $57 billion into a new trade route across the South Asian nation.

The recent Indo-Iran deal to develop the strategic Chabahar Port is part of India's "larger geo-strategic calculations" to gain access to the Middle East and Central Asia and to counter Pakistan-China's plan to develop Gwadar port, a media report said in Beijing today.

Pakistan will buy eight submarines from China in a multi-billion dollar deal that will boost Pakistani navy's maritime capabilities, media reported on Friday.

Business leaders formalised paperwork -- adding to the $ 20 billion   worth of deals signed Friday -- under blanket security at Islamabad's five-star Marriott Hotel, where a huge suicide truck bomb killed 60 people in 2008. Boosting trade and investment with poverty-stricken Pakistan have been the main focus of the first visit in five yea...

Pakistan recently imported "non-functional" railway bogies worth USD 149 million from China, leading to discontent among Pakistan Railways authorities and casting doubt over Chinese imports.

China's Belt and Road program has found new life in Pakistan with $11 billion worth of projects signed in the last month, driven by a former lieutenant general who has reinvigorated the infrastructure plan that's been languishing since Prime Minister Imran Khan took office two years ago.

For the first time Pakistan has disclosed that it has taken a total debt of $6.5 billion from China in the current financial year, which is equal to 75 per cent of the total foreign loans of $8.6 billion the cash-strapped country received during the period.

Chinese companies are in talks to snap up more businesses and land in Pakistan after sealing two major deals in recent months, a sign of deepening ties after Beijing vowed to plough $57 billion into a new trade route across the South Asian nation.

The recent Indo-Iran deal to develop the strategic Chabahar Port is part of India's "larger geo-strategic calculations" to gain access to the Middle East and Central Asia and to counter Pakistan-China's plan to develop Gwadar port, a media report said in Beijing today.

Pakistan will buy eight submarines from China in a multi-billion dollar deal that will boost Pakistani navy's maritime capabilities, media reported on Friday.

Business leaders formalised paperwork -- adding to the $ 20 billion   worth of deals signed Friday -- under blanket security at Islamabad's five-star Marriott Hotel, where a huge suicide truck bomb killed 60 people in 2008. Boosting trade and investment with poverty-stricken Pakistan have been the main focus of the first visit in five yea...