Pakistan Finance Minister Muhammad Aurangzeb on Saturday called the country’s inaugural Panda Bond issuance a “transformational step” for the economy. He said the move opens access to China’s deep capital markets and strengthens financial cooperation with Beijing. The development is seen as important for Pakistan’s external financing strategy and investor confidence. Aurangzeb said the successful […]
CPEC Phase 2
CPEC enters phase 2: A new era of Pakistan-China partnership begins
ISLAMABAD/BEIJING: Pakistan and China have officially entered a new phase of their landmark partnership as CPEC Phase 2 was formally launched during the 14th Joint Cooperation Committee (JCC) meeting held in Beijing on Friday. Despite unresolved issues related to payments owed to Chinese independent power producers (IPPs), both nations reaffirmed their commitment to deepening cooperation. […]