Tag Archives: Bejing

Pakistan wins $42b Chinese investment

Pakistan, China sign 19 agreements, MoUs relating to China-Pakistan Economic Corridor and electricity generation New pacts pave way for Chinese state-owned companies to help build at least four new power stations in Pakistan Chinese president, PM Sharif say Pakistan-China are ‘iron friends’, aim to create green channel for release of funds for development projects in Pakistan PM assures crackdown on terrorist forces such as the East Turkistan Islamic Movement and maintaining regional stability    China on Saturday promised Pakistan investments worth $42 billion, an official said, as Islamabad promised to help Beijing fight what it calls a terrorist threat in its far-west.  Prime Minister Nawaz Sharif oversaw the signing of 19 agreements and memorandums mostly centred on the energy sector as he met Chinese President Xi Jinping at the Great Hall of the People during his three-day visit to Beijing to discuss bilateral relations and the regional situation in Beijing.

Read more » Pakistan Today
http://www.pakistantoday.com.pk/2014/11/08/national/pakistan-wins-42b-chinese-investment/

Chinese president likely to sign major deals in India

By Reuters

NEW DELHI: China will pledge to invest billions of dollars in India’s rail network during a visit by President Xi Jinping this week, bringing more than diplomatic nicety to the neighbours’ first summit since Narendra Modi became prime minister in May.

The leaders of Asia’s three major economies — China, India and Japan — have crisscrossed the region this month, lobbying for strategic influence, building defence ties, and seeking new business opportunities.

Read more » DAWN
http://www.dawn.com/news/1132042/