Pakistan at crossroads to soon become regional hub for trade, connectivity: Chinese ambassador

News Image

MG News | August 04, 2020 at 09:26 AM GMT+05:00

Aug 04, 2020: Ambassador of China to Pakistan Yao Jing Monday said Pakistan possessed a huge potential to become a regional hub for trade and vast connectivity, and the China Pakistan Economic Corridor (CPEC) offered such opportunities.

He also lauded the enthusiasm manifested by the Pakistani leadership and its people towards CPEC.

During a private news channel talk show, the Chinese ambassador strongly disapproved the propaganda by certain quarters in the West about CPEC by maintaining that it offered prospects of better future for the people of the two countries and would prove beneficial for the whole region.

Terming such propaganda highly ‘unfortunate’, he said it was part of China-bashing by certain quarters having political purposes.

Yao Jing expressed his satisfaction that there was 100 per cent consensus between China and Pakistan and the two friendly countries had already outrightly rejected such moves.

Responding to a question, he said the development of Gwadar, Karachi Port and Port Qasim offered immense opportunities and bright prospects for the wider regional connectivity.

To another question, he expressed his pleasure that Pakistan was tirelessly making efforts for peace and stability in Afghanistan, which would ultimately open trade opportunities upto landlocked Central Asian states, which were looking to expand the scope of their trade routes.

The Chinese ambassador to a query said Huawei being a private Chinese company was facing problems in the United States and the West because they considered it as a rival in the latest technology.\\932

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 185,372.21
314.71M
0.46%
851.25
ALLSHR 111,991.85
808.33M
0.65%
718.12
KSE30 55,404.49
93.15M
0.58%
321.30
KMI30 262,585.95
95.11M
0.49%
1271.44
KMIALLSHR 72,124.09
476.70M
0.59%
425.45
BKTi 52,005.70
31.68M
0.63%
324.75
OGTi 37,895.90
20.70M
1.63%
608.01
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 63,190.00 63,190.00
61,420.00
1535.00
2.49%
BRENT CRUDE 71.94 72.49
71.30
0.14
0.20%
RICHARDS BAY COAL MONTHLY 107.50 0.00
0.00
-0.50
-0.46%
ROTTERDAM COAL MONTHLY 122.40 122.75
120.45
1.30
1.07%
USD RBD PALM OLEIN 1,135.00 1,135.00
1,135.00
0.00
0.00%
CRUDE OIL - WTI 68.78 69.26
68.08
0.09
0.13%
SUGAR #11 WORLD 14.81 15.17
14.81
-0.18
-1.20%

Chart of the Day


Latest News
July 04, 2026 at 01:25 PM GMT+05:00

Weekly Market Roundup


July 04, 2026 at 01:21 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


July 04, 2026 at 12:29 PM GMT+05:00

SECP eases rules for Apna Ghar loans


July 04, 2026 at 11:56 AM GMT+05:00

SECP, PSX hold broker compliance webinar


July 04, 2026 at 01:14 AM GMT+05:00

Petrol, diesel prices reduced by Rs1.97 per litre



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg