Historically, a small fishing village, Gwadar has gone a major transformation and now sits at the heart of Balochistan. The multi-billion dollar One Belt, One Road initiative by China has caused the rapid development of Gwadar which stands at the mouth of a deep sea port. The pace of...
Minister for Planning, Development and Reform, Ahsan Iqbal has asked Federal Board of Revenue (FBR) to finalize a detailed plan to ensure its crucial role in China Pakistan Economic Corridor (CPEC) by setting up business friendly and state of the art documentation system, monitoring and implementation as well as...
ISLAMABAD/RAWALPINDI -  Private sector has immense potential to supplement the China Pakistan Economic Corridor (CPEC) projects and stimulate industrialization in the country, said Board of Investment (BoI) Secretary Azher Ali Choudhary on Thursday. While addressing a session of “All Pakistan Chambers Committee on CPEC” organised by Rawalpindi chamber of commerce...
ISLAMABAD —  China says its large economic collaboration program with Pakistan has entered “the stage of early harvest", making it the “fastest and most effective" among all projects in Beijing’s Belt and Road Initiative, or BRI. President Xi Jinping launched the China-Pakistan Economic Corridor, or CPEC, two years ago, during his...
The 21st century ushered in the era of Facebook, 4G, Bluetooth and even the Google Driverless Car; it also brought with it new technological innovation in the financial sector. With the advent of fintech aka financial technologies, came cryptocurrencies like bitcoins which are becoming more and more popular in...
Prime Minister Shinzo Abe said Monday that Japan is ready to cooperate with China’s “One Belt, One Road” cross-continental infrastructure development scheme, under certain conditions. Speaking at a forum in Tokyo on Asia’s future, Abe said those conditions would include “harmony with a free and fair Trans-Pacific economic zone,” alluding...
On the occasion that Chinese President Xi Jinping is visiting Kazakhstan, a new achievement in the campaign sponsored by the Shanghai Stock Exchange (SSE) for serving the Belt and Road Initiative (B&R Initiative) is seen in Kazakhstan. Recently, the SSE and Astana International Financial Center Authority of Kazakhstan (the...
  The first freight train from Changsha in central China's Hunan Province to Budapest in Hungary has arrived at the Budapest Intermodal Logistics Center after crossing about 10,000 kilometers. Government representatives from countries attended the arrival ceremony. The train departed from Changsha on May 27, and passed a corridor through Russia...
Col (R) Muhammad Hanif On 9 June 2017 Pakistan became a regular member of Shanghai Cooperation Organization (SCO).  Pakistan’s membership of this Organization is going to be beneficial to itself and for all other member states of SCO in many ways including their connectivity and trade using CPEC. This Corridor...
China’s Shanghai Electric Power Company has withdrawn an offer to buy 66.4% stakes of K-Electric Limited after the power utility’s key shareholder failed to secure a national security clearance certificate to complete the transaction, an official said on Tuesday. “We have received a copy of the withdrawal of public announcement...