Beijing is racing to achieve its goal of five percent annual growth in 2024, a target considered ambitious by many experts as the world’s second-largest economy faces headwinds including an indebted real-estate market, flagging consumption, and high youth unemployment. Tuesday’s gathering of the Communist Party’s powerful Politburo of senior officials was billed as a chance […]
“We strongly urge the US and Japan to immediately stop interfering in China’s internal affairs and stop creating imaginary enemies,” foreign ministry spokesman Lin Jian said. Following talks in the Japanese capital on Sunday, the US and the hosts slammed Beijing’s “destabilizing actions” in the South China Sea while also condemning Russia’s growing military cooperation […]
According to a press release issued by the finance ministry here, the finance minister and Minister for Power, Sardar Awais Ahmad Khan Leghari held meetings with the Governor of the People’s Bank of China (PBoC), Pan Gongsheng, and the Vice Administrator of National Energy Administration (NEA), Ren Jingong. Ambassador Khalil Hashmi and officials of the […]
“At the invitation of Premier Li Qiang of the State Council, Italian Prime Minister Giorgia Meloni will pay an official visit to China from July 27 to 31,” foreign ministry spokesperson Mao Ning said in a statement. The visit will be Meloni’s first to China since she took office in 2022. Her administration withdrew from China’s vast Belt […]
As per details, a joint working group will be established between Pakistan and China to facilitate the loan rescheduling, sources added. Additionally, discussions will address China’s energy circular debt, which currently amounts to Rs 480 billion. The Finance Minister will also engage in talks regarding the Panda Bond. Pakistan aims to secure a $250 million […]
As per details, a joint working group will be established between Pakistan and China to facilitate the loan rescheduling, sources added. Additionally, discussions will address China’s energy circular debt, which currently amounts to Rs 480 billion. The Finance Minister will also engage in talks regarding the Panda Bond. Pakistan aims to secure a $250 million […]
Palestinian factions including Hamas and Fatah met in Beijing this week in a renewed bid for reconciliation. As the meeting wrapped up on Tuesday, China’s top diplomat said the groups had committed to “reconciliation”. “The most prominent highlight is the agreement to form an interim national reconciliation government around the governance of post-war Gaza,” Wang […]
China is on a bold mission to become the first country to bring Martian samples back to Earth by 2030! Wu Weiren, an academician at the Chinese Academy of Engineering and a leading scientist at the China National Space Administration, revealed that China is on track to become the first country to return Martian samples […]
Islamabad may also begin talks on re-profiling Pakistan’s energy sector debt during the visit to Beijing, Awais Leghari, head of the energy ministry’s Power Division, told Reuters. Leghari will be part of the delegation to discuss structural reforms to the power sector suggested by the International Monetary Fund (IMF), which last week agreed on a […]
Brent crude prices fell by 38 cents, or 0.5%, to $84.73 a barrel by 0035 GMT. U.S. West Texas Intermediate crude futures fell 50 cents, or 0.6%, to $82.32 a barrel. Every week, Brent crude was down 0.3% while WTI was trading marginally higher after slipping as much as 0.2% on Friday. The U.S. dollar […]
