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China exits its biggest Pakistan project: What's happening?
  • China News

China exits its biggest Pakistan project: What’s happening?

Cs news3 months ago09 mins

In a move that signals a quiet but significant realignment in Pakistan’s infrastructure financing landscape, the country is reportedly turning to the Asian Development Bank (ADB) to fund a critical segment of its aging railway network, a project that was originally meant to be the centerpiece of the China-Pakistan Economic Corridor (CPEC). With Beijing stepping…

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China rolls over $3.4 billion of commercial loans to Pakistan, says source
  • China News

China rolls over $3.4 billion of commercial loans to Pakistan, says source

Cs news5 months ago02 mins

KARACHI: China has rolled over $3.4 billion in loans to Islamabad, which together with other recent commercial and multilateral lending will boost Pakistan’s foreign exchange reserves to $14 billion, a finance ministry source said on Sunday. Beijing rolled over $2.1 billion, which has been in Pakistan’s central bank’s reserves for the last three years, and…

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