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Pakistan, China agree on CPEC upgrade, Sharif unveils Panda Bond plan
ISLAMABAD: Prime Minister Shehbaz Sharif said on Thursday Pakistan planned to float Panda Bonds in China’s capital market as he met Premier Li Qiang in Beijing, where the two leaders discussed stronger economic cooperation including the next phase of the multibillion-dollar China–Pakistan Economic Corridor (CPEC). Panda Bonds are yuan-denominated bonds issued in China by foreign governments or entities. Islamabad plans to issue them to raise financing from Chinese investors and ease pressure on its foreign exchange reserves.
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arabnews.com
Pakistan seeks deeper China ties with new push on finance, ports and CPEC
ISLAMABAD: Pakistan is seeking to broaden its partnership with China by advancing cooperation in finance, port development and the next phase of the China-Pakistan Economic…
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PM Sharif invites Chinese companies to invest in Pakistan
ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday invited top Chinese business executives and their companies to invest in Pakistan, highlighting his government’s…
