Beijing has voiced serious concerns about $1.5 billion in overdue payments to CPEC independent power plants (IPPs), as well as currency exchange restrictions imposed by the State Bank of Pakistan. In a letter to the Planning Commission on March 13, 2023, Special Assistant to the Prime Minister ...

National Accountability Court (NAB) has received endorsement from an Accountability Court for freezing the bank accounts of two Chinese companies involved in investment scams. The Securities and Exchange Commission of Pakistan (SECP) had originally complained to NAB after which an investigation ...

*ISLAMABAD: Prime Minister (PM) Shehbaz Sharif has said the incumbent government is taking concrete steps to promote cooperation with Chinese companies to attract investment.* Talking to a Chinese delegation led by President of Shanghai Electric Liu Ping, he said all necessary steps are also ...

The Chinese Embassy in Pakistan while sharing a good news said that a contract for Pakistan Nabisar Vajihar Water Supply Project has been signed for the water provision in the Thar under the China Pakistan Economic Corridor (CPEC). The project will supply 28 MGD water to Thar’s Thermal Project ...

KARACHI - China and Pakistan�s partnership in renewables will be very helpful in fast conversion to green energy as latter has huge potential and can benefit a lot from technology and expertise of China. More Chinese companies are ready to operate here in energy sector, mainly in renewables, ...

China link foreign minister link was in India link on Friday, officials said, his first visit link since a deadly clash link on the Asian giants' disputed Himalayan border link in 2020. The high-altitude brawl in June 2020 left 20 Indian soldiers and at least four Chinese troops dead, and led to ...

ISLAMABAD – Pakistani officials have spared Chinese investors from taking long approvals before launching any project in special economic zones under China-Pakistan Economic Corridor (CPEC). Reports in local media said Islamabad makes the move as both countries agreed to move forward with the ...

Special Assistant to Prime Minister on CPEC Affairs Khalid Mansoor said that a consortium comprising of three Chinese companies have submitted a proposal to establish a low carbon recycle plant at Gwadar with an estimated investment of four point five billion dollars. He said the plant will ...

Special Assistant to Prime Minister (SAPM) on China Pakistan Economic Corridor (CPEC) Affairs Khalid Mansoor on Monday said China has given the assurance of high quality and expeditious development of the second phase of the project during the visit of Prime Minister (PM) Imran Khan ...

BEIJING: The representatives of over 50 renowned automobile companies from different parts of China attended the Pakistan automobile roundtable seminar and were briefed about the conducive investment environment and attractive incentives offered by the present government for the ...