A new study has revealed that the United States is the largest recipient of China’s official lending worldwide, marking a significant shift in Beijing’s global financial strategy. According to a report released on Tuesday by AidData — a research lab at William & Mary University — China disbursed $2.2 trillion in loans and grants to […]
Belt and road
Pakistan Navy’s first Chinese submarine to enter service next year
ISLAMABAD: The Pakistan Navy expects to induct its first Chinese-designed Hangor-class submarine into active service next year, Admiral Naveed Ashraf revealed in an interview with China’s Global Times on Sunday. The deal, which will see eight submarines delivered by 2028, is reportedly worth up to $5 billion and aims to strengthen Pakistan’s maritime defense and […]
First batch of ‘Made in China ‘ buses delivered to Pakistan
The first batch of 120 12m Higer buses were delivered to Karachi, Pakistan. As one of ‘Made in China’ representatives, the buses will guarantee Pakistan’s daily transportation, providing the locals with comfortable and perfect public transportation experience. “We officially entered the Pakistani market in 2008. Last year, we sold a total of 115 passenger coaches […]
PM Imran Khan will leave for China on 25 April
Prime Minister Imran Khan will be visiting China from April 25 to 28, confirmed foreign office on Wednesday. The statement issued by FO stated, “On the invitation of President Xi Jinping, Prime Minister Imran Khan is visiting China from April 25 to 28 to attend the 2nd Belt and Road Forum in Beijing. The forum […]