LONDON: Oil was little changed on Monday, holding near a three-month high on optimism over a nearing U.S.-China trade deal even as Russia said an Organization of the Petroleum Exporting Countries, OPEC-led pact may consider easing output cuts next year, BOL News learnt. Brent crude LCOc1 was down 2 cents, or 0.03%, at $66.12 per … Read more
Chinese efforts to bring mutual trade to a win-win situation would be a great favour to the economy of Pakistan. Chinese entrepreneurs should help Pakistani exporters to show their full presence in the Chinese markets. These views were expressed by the LCCI Vice President Mian Zahid Jawaid Ahmad while addressing to a 24-member Chinese delegation … Read more
Back to back visits of Chinese trade delegations are not only reflect unbreakable friendship between the two countries but are also an ample proof of Chinese Investors’ growing interest in Pakistan. These views were expressed by the LCCI President Irfan Iqbal Sheikh while addressing a delegation of Chinese investors at the Lahore Chamber of Commerce … Read more
Arms sales has risen up by five percent worldwide in 2018 in a market dominated by the United States, according to a new report published by Stockholm International Peace Research Institute (SIPRI) on Monday. The turnover of the 100 biggest arms manufacturers came to $420 billion, the report said. United States (US) manufacturers alone accounted … Read more
President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain on Friday said policy to discourage imports should be reconsidered because of losses associated with it. The policy of suppressing imports has damaged the industrial sector, left a million jobless and triggered inflation to nine-year high resulting in unrest, he said. Talking to the business … Read more
The Chinese Embassy in Islamabad has rejected the media report by an US based news agency that had claimed that at least 629 Pakistani girls were sold as brides to China. The Associated Press on December 4 had reported that more than five hundred Pakistani girls were sold as brides to China recently, alleging acts … Read more
Many Pakistani students are all set to participate in Belt and Road International Students Football League being played in China. The students from other countries including Russia, Spain, Central Asian Republics, and Africa will also show their presence. The opening ceremony of the league which was sponsored by International Students in China was held in … Read more
Pakistani investigators compiled a list of 629 girls and women from across Pakistan who were sold as brides to Chinese men and taken to China. According to details, U.S.-based news agency the Associated Press obtained a list which gives the most concrete figure yet for the number of women which have been trafficked to China … Read more
Beijing: China and Pakistan will hold a month-long joint military exercise to boost cooperation between the two militaries and capability to jointly deal with terrorist threats including those targeting joint projects with China. A Chinese unit from a special forces brigade of the People’s Liberation Army Xinjiang Military Region has departed from their base camp … Read more
A delegation comprising of 45 Chinese Officials headed by Mr. Sha Zukhang, Former Deputy Secretary-General of the United Nations, President of Pakistan Friendship Association of China and Chairman of the International Green Economy Association, visited National Bank of Pakistan, to sign a Strategic Cooperation Agreement, for provision of banking facilities by NBP to IGEA members. … Read more
Pakistani exporters are eager to enter the huge Chinese meat market, China Economic Net (CEN) reported on Monday. “China’s demand for meat imports is very large, and many Pakistani exporters call us every day to indicate that once China opens Pakistani meat exports, they hope to sign a one-year contract immediately,” Adnan Hafeez, Secretary-General of … Read more
China’s oldest Quran manuscript has been displayed in northwest China’s Qinghai Province, making its debut to the public. Estimated to be between 1,100 and 1,300 years old, the Quran is considered to be one of the three oldest manuscripts in the world. The 867-page manuscript is comprised of 30 volumes and packaged in two slipcases, … Read more
Australian cyber experts in their recent report have revealed that Chinese tech giants are working closely with the Communist Party to censor and surveil Uighur Muslims in China’s western region of Xinjiang. According to the details, Chinese tech giants including ByteDance, TikTok’s parent company, and Huawei Technologies are working closely with the Communist Party to … Read more
Popular social media app Tik Tok officially apologized to Feroza Aziz; a Tik Tok user for suspending her app account. Tik Tok has made her account active again. According to details, Tik Tok had taken action against Feroza Aziz’s video in which she mentioned the brutalities happening to Muslims in China while making an eyelash … Read more
The foreign ministry of China has summoned U.S. Ambassador Terry Branstad to protest against the passing in the U.S. Congress of the Hong Kong Human Rights and Democracy Act, saying it amounted to interference in an internal Chinese matter. Reuters reported that the ministry said in a notice posted on its website Vice Foreign Minister … Read more
Pakistan is anxiously seeking joint ventures in energy sector between Pakistani and Chinese private sectors. It would not only help much-needed transfer of technology but would also help bring down cost of production in Pakistan. These views were expressed by the LCCI President Irfan Iqbal Sheikh while talking to a Chinese delegation, led by Jonathan … Read more
Prime Minister Imran Khan has praised government’s economic team and said that the value of the rupee has increased by four rupees after the current account deficit has been eliminated in four months. Imran Khan paid appreciated the economic team and said that due to the policies of the government, the value of the rupee … Read more
The Chinese ambassador said that China has always helped Pakistan beyond political goals and specific governments. If Pakistan is in trouble, repayment of loans will not be required. According to details, Chinese Ambassador Yao Jing expressed a shocking response to US Ambassador, US Deputy Foreign Minister Alice Wells. Chinese Ambassador said why the United States … Read more
