Pakistan News

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  • CPEC ‘an extension of Silk Route’

    KARACHI: The China-Pakistan Economic Corridor (CPEC) is an extension of the historic Silk Route and aims to cater to the needs of the region through effective trade linkages...

    This was stated by Mr Yao Ming, the leader of a 14-member high-powered Chinese delegation, during his visit to the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Thursday...

  • France looks forward to 'strengthening' trade relations with China through Silk Route

    French President Emmanuel Macron on Monday launched a state visit to China at the starting point of the ancient Silk Road, a nod to his Chinese counterpart's scheme to revive the famous trading route...

    Macron is beginning the three-day visit in Xian as a gesture to Chinese President Xi Jinping's colossal New Silk Road project, an ambitious initiative to connect Asia and Europe by road, rail and sea...

  • China’s new silk road: What’s in it for Pakistan?

    During his visit to Pakistan, China’s president will discuss a raft of energy and infrastructure deals as part of wider ambitions to open new trade and transport routes across Asia...

    Chinese President Xi Jinping’s visit to Pakistan had already generated a sense of nervous anticipation...

  • 'Pakistan's silk road repayments to peak at around $5bn a year'

    Pakistan's debt and other repayments on China's “Belt and Road” initiative will peak at around $5 billion in 2022, but will be more than offset by transit fees charged on the new transport corridor, says the Pakistan government's chief economist...

    China has pledged to invest up to $57bn in Pakistan's rail, road and energy infrastructure through its vast modern-day “Silk Road” network of trade routes linking Asia with Europe and...

  • China's new Silk Road: boom or dust for Pakistan?

    SOST: A glossy highway and hundreds of lorries transporting Chinese workers by the thousands: the new Silk Road is under construction in northern Pakistan, but locals living on the border are yet to be convinced they will receive more from it than dust...

    It is the first stop along a new $46 billion "economic corridor" designed by China in Pakistan...

  • Banker fears flow of Chinese goods on Silk Road in Pakistan

    As Pakistan opens itself to China’s Silk Road plan and billions of dollars worth of investment projects, the head of the bank owned by the Abu Dhabi Group is warning of an influx of cheap goods that may leave millions in the South Asian nation jobless...

    While the Chinese investments and loans worth more than $46 billion will bring new industrial activity and a need for services, Pakistan may be unprepared for a rush of wares from its...

  • Smooth as silk

    Cold wind, soft and warm sunlight and a drop in temperature; all are signs of winter...

    For some people cold winter days bring roses to the cheeks while others feel uncomfortable due to flaky, cracking and itchy skin of the face, hands and feet
  • China's Silk Road revival hits the buffers

    From a stalled Indonesian rail project to an insurgency-threatened economic corridor in Pakistan, China's push to revive Silk Road trade routes is running into problems that risk tarnishing the economic crown jewel of Xi Jinping's presidency...

    Beijing won the contract to build Indonesia's first high-speed railway in September 2015, but more than two years later work has barely started on the route from Jakarta to the city of...

  • China’s Silk Road revival project hits buffers

    SINGAPORE: From a stalled Indonesian rail project to an insurgency-threatened economic corridor in Pakistan, China’s push to revive Silk Road trade routes has been running into problems that risk tarnishing the economic crown jewel of Xi Jinping’s presidency...

    Beijing won the contract to build Indonesia’s first high-speed railway in September 2015, but more than two years later work has barely started on the route from Jakarta to the...

  • China’s Silk Road lends urgency to India’s Asia ambitions

    WHEN Indian Prime Minister Narendra Modi’s government approved $256 million to upgrade a section of a remote border road last month, few took notice...

    Yet India’s decision to revive plans for the highway, part of an ambitious 1,360-kilometer crossing to link northeastern India with markets in Thailand and beyond, marks the next phase in the jostle between New Delhi and Beijing for economic and strategic influence in the region
  • Chinese 'Silk Road' firms to help Balochistan mine minerals

    Beijing has pledged $57 billion for the China-Pakistan Economic Corridor (CPEC), a flagship Belt and Road project that first focused on Chinese firms building roads and power stations but is now expanding to include setting up industries...

    Baloch said the finer details of the province's proposals were being worked out in Islamabad, where officials are finalising plans for special economic zones and greater integration of Chinese...

  • Local, global security firms in race along China’s ‘Silk Road’

    SHANGHAI: Global security companies and their smaller Chinese rivals are jostling for business along Beijing’s modern-day “Silk Road”, the grandiose plan for land and sea routes connecting the world’s second largest economy with the rest of Asia and beyond...

    The small consortium of security providers was set up early last year and operates in six countries: Pakistan, Turkey, Mozambique, Cambodia, Malaysia and Thailand...

  • India skips China's Silk Road summit, warns of 'unsustainable' debt

    Chinese President Xi Jinping is hosting dozens of world leaders and senior officials on Sunday for the country's biggest diplomatic showcase of the year, touting his vision of a new “Silk Road” that opens trade routes across the globe...

    India is incensed that the China-Pakistan Economic Corridor ? one of the key Belt and Road projects ? passes through Kashmir and Pakistan...

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