The U.S. Department of State issued a statement on Friday, stating that they have imposed sanctions on three Chinese companies that are involved in providing equipment related to missile preparation for Pakistan's ballistic missile program. The statement, released by the U.S. Department of State ...

The Chinese firm that had stopped work on the Dasu hydropower project citing “security concerns” has indicated it will resume work soon, it emerged on Sunday. According to a statement by China Gezhouba Group Company (CGGC), phase-wise resumption of work will begin on October 25. All the ...

A Chinese apparel firm is investing a grand total of $150 million in an industrial park project on Lahore’s border with Kasur. The park will feature state-of-the-art fabric units, dyeing facilities and garment manufacturing units for exporting sportswear from Pakistan to the Americas, Europe, ...

ISLAMABAD: International Arbitration court ruled in favour of Pakistan against Chinese Firm. Pakistan has clinched a favourable ruling in international court regarding the country’s one billion rupees of liquidated damage claim against a Chinese energy conglomerate for delaying renewable power ...

ISLAMABAD - Advisor to Prime Minister on Commerce Abdul Razak Dawood says the process of revival of Pakistan Steel Mills will be kept transparent and competitive. He said this while chairing a meeting in Islamabad today on revival of Pakistan Steel Mills. Advisor on Commerce said government ...

BEIJING:Most companies listed on China's two major stock exchanges reported sharp earnings rises in 2017 amid a stabilizing economy, with cyclical industries posting strong gains. As of Thursday, a total of 249 firms listed on the Shanghai and Shenzhen stock exchanges published their annual ...

Beijing: US and Chinese companies signed nearly 20 deals worth a total $9 billion on Wednesday at the start of President Donald Trump's state visit to Beijing.US Commerce Secretary Wilbur Ross and Chinese Vice Premier Wang Yang oversaw a signing ceremony at the Great Hall of the People but they did ...

KARACHI: A conglomeration of German and Chinese firms have jointly offered Sindh government three important health sector projects including 200-bed cancer hospital, 200-bed Organ transplant hospitals and 30-50 bedded emergency center on Build Operate and Transfer (BOT) basis.This offer came in a ...

The U.S. Treasury Department said on Thursday it was placing financial sanctions on two Chinese nationals and a Chinese shipping company over their ties to North Korea stemming from its nuclear program.The department said in a statement it was sanctioning Wei Sun for links to the Foreign Trade Bank ...

The construction work on infrastructure development at the proposed Dasu Hydropower Project of 4,320 MW is in full-swing in Kohistan district of Khyber Pakhtunkhwa.These include relocation of Karakoram Highway, construction of right bank access road and 132 KV transmission line from Duber Khwar ...