China with Pakistan
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MultaniGuy
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China should be given observer status in OIC like Russia and Thailand has.
ghazi52
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MultaniGuy
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Yes Afghanistan should be made part of CPEC since Afghanistan is our backyard.,.,.
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OIO
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From the video, the Pakistani embassy in China is also very large, known as Little Pakistan.
ghazi52
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File photo...
KARACHI: China’s Consul General Li Bijian said on Tuesday Pakistan should reduce imports from the largest Asian economy as the bilateral trade is highly skewed against Islamabad.
At a ceremony to mark the beginning of the local assembling of Chinese home appliances brand Midea, Mr Li said the “heavy imbalance” in the bilateral trade is a “problem” that Islamabad should resolve through import substitution.
“You import more and export less, even though my government in collaboration with your government is trying to narrow down the trade deficit. We want to see balanced trade,” he said.
According to import payments data issued by the central bank, almost one-fourth of the total import bill in 2020-21 originated from China alone. In contrast, China’s share in Pakistan’s export receipts was less than 8pc in the same year.
The Chinese diplomat said the trade situation was “not developing as we wish” despite the free trade agreement that allows Pakistan to export more than 300 items to export to China without tariff.
He praised Midea products, saying the brand is “one of the most popular” ones in China. “It’ll narrow down Pakistan’s trade deficit,” he said.
Tri-Angels Electronics Ltd has imported machinery worth $1 million to assemble Midea’s microwave ovens and water dispensers in Pakistan. Since 2018, it has separately invested $2.3m to assemble products of Hisense Electronics, a Chinese brand that makes LED TV sets besides other items.
Speaking to the press, Tri-Angels Electronics CEO Imran Ghani said the company’s capacity to assemble microwave ovens is 500 units a day. Its capacity for assembling water dispensers is 300 pieces a day.
Pakistanis buy about 500,000 water dispensers every year, with household and corporate segments holding a 50pc market share each. The total market for microwave ovens is 700,000 units a year, he said.
The company began assembling water dispensers last week in Karachi. The assembling of microwave ovens will commence in the second week of April, said Mr Ghani.
In the face of tough competition from local and other Chinese brands operating in the white consumer goods industry, the Tri-Angels Electronics CEO plans to play up “product features and design” while keeping retail prices on a par with existing players.
Mr Ghani claimed to enjoy a 5pc share in the LED TV market that, he says, consists of 1.4m units a year. “We’re growing our market share rapidly. Our average revenue growth has been 30pc a year,” he said.
Going forward, the company plans to export its products to the countries belonging to the South Asian Association for Regional Cooperation bloc. “We’re holding discussions with Midea, which already has buyers in those countries,” he said.
Published in Dawn, March 30th, 2022
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File photo...
KARACHI: China’s Consul General Li Bijian said on Tuesday Pakistan should reduce imports from the largest Asian economy as the bilateral trade is highly skewed against Islamabad.
At a ceremony to mark the beginning of the local assembling of Chinese home appliances brand Midea, Mr Li said the “heavy imbalance” in the bilateral trade is a “problem” that Islamabad should resolve through import substitution.
“You import more and export less, even though my government in collaboration with your government is trying to narrow down the trade deficit. We want to see balanced trade,” he said.
According to import payments data issued by the central bank, almost one-fourth of the total import bill in 2020-21 originated from China alone. In contrast, China’s share in Pakistan’s export receipts was less than 8pc in the same year.
The Chinese diplomat said the trade situation was “not developing as we wish” despite the free trade agreement that allows Pakistan to export more than 300 items to export to China without tariff.
He praised Midea products, saying the brand is “one of the most popular” ones in China. “It’ll narrow down Pakistan’s trade deficit,” he said.
Tri-Angels Electronics Ltd has imported machinery worth $1 million to assemble Midea’s microwave ovens and water dispensers in Pakistan. Since 2018, it has separately invested $2.3m to assemble products of Hisense Electronics, a Chinese brand that makes LED TV sets besides other items.
Speaking to the press, Tri-Angels Electronics CEO Imran Ghani said the company’s capacity to assemble microwave ovens is 500 units a day. Its capacity for assembling water dispensers is 300 pieces a day.
Pakistanis buy about 500,000 water dispensers every year, with household and corporate segments holding a 50pc market share each. The total market for microwave ovens is 700,000 units a year, he said.
The company began assembling water dispensers last week in Karachi. The assembling of microwave ovens will commence in the second week of April, said Mr Ghani.
In the face of tough competition from local and other Chinese brands operating in the white consumer goods industry, the Tri-Angels Electronics CEO plans to play up “product features and design” while keeping retail prices on a par with existing players.
Mr Ghani claimed to enjoy a 5pc share in the LED TV market that, he says, consists of 1.4m units a year. “We’re growing our market share rapidly. Our average revenue growth has been 30pc a year,” he said.
Going forward, the company plans to export its products to the countries belonging to the South Asian Association for Regional Cooperation bloc. “We’re holding discussions with Midea, which already has buyers in those countries,” he said.
Published in Dawn, March 30th, 2022
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SD 10
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when Chinese wants to see Pakistan standing up on its feet but Pakistanis don't! What a time ! SHAME ON US!
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ghazi52
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Radio Pakistan
Spokesperson for China’s Ministry of National Defense, said at a press conference in Beijing, said that the military-to-military relations, serving as the mainstay of the China-Pakistan friendship, have played an important role in the development of bilateral relations for a long time.
The Spokesperson emphasized that China and Pakistan are all-weather strategic cooperative partners, true friends and iron brothers that share weal and woe. China is willing to work with Pakistan to accelerate the construction of a closer China-Pakistan community of shared destiny in the new era.
He said that the two militaries have achieved fruitful results in fields such as high-level visits, joint training and exercises, anti-epidemic cooperation and equipment technology, constantly enriching the connotation of bilateral strategic cooperation. said.
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China, Pakistan to expand defense cooperation: Chinese Defense Spokesperson
April 1, 2022Radio Pakistan
China says Chinese and Pakistani militaries stand ready to expand practical cooperation in various fields to a new level and inject a new impetus into the all-weather strategic cooperative partnership between the two countries.Spokesperson for China’s Ministry of National Defense, said at a press conference in Beijing, said that the military-to-military relations, serving as the mainstay of the China-Pakistan friendship, have played an important role in the development of bilateral relations for a long time.
The Spokesperson emphasized that China and Pakistan are all-weather strategic cooperative partners, true friends and iron brothers that share weal and woe. China is willing to work with Pakistan to accelerate the construction of a closer China-Pakistan community of shared destiny in the new era.
He said that the two militaries have achieved fruitful results in fields such as high-level visits, joint training and exercises, anti-epidemic cooperation and equipment technology, constantly enriching the connotation of bilateral strategic cooperation. said.
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ghazi52
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The Karakoram Highway (KKH) has now been ranked among the 15 most beautiful roads in the world for its scenic beauty. In its categorization, Wikicampers, a website providing tourist services in different parts of the world, called the KKH an “ideal setting for the most dizzying road trip.”
“Let’s gain altitude again by taking the second highest asphalt road in the world,” the website said explaining the features of the road.
The KKH connects China to Pakistan while crossing the Karakoram mountain range and running alongside certain peaks over 7,000 meters in height.
The highway is around 1,300KM long and extends from Hasan Abdal to the Khunjrab Pass in Gilgit-Baltistan, where it crosses into China.
In its documentary, BBC had also called the KKH one of the highest paved roads on earth which were major trade routes between Pakistan and China. It also said the road was completely developed, smooth, and safe.
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The Karakoram Highway (KKH) has now been ranked among the 15 most beautiful roads in the world for its scenic beauty. In its categorization, Wikicampers, a website providing tourist services in different parts of the world, called the KKH an “ideal setting for the most dizzying road trip.”
“Let’s gain altitude again by taking the second highest asphalt road in the world,” the website said explaining the features of the road.
The KKH connects China to Pakistan while crossing the Karakoram mountain range and running alongside certain peaks over 7,000 meters in height.
The highway is around 1,300KM long and extends from Hasan Abdal to the Khunjrab Pass in Gilgit-Baltistan, where it crosses into China.
In its documentary, BBC had also called the KKH one of the highest paved roads on earth which were major trade routes between Pakistan and China. It also said the road was completely developed, smooth, and safe.
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ghazi52
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China has given its nod of approval to Pakistan for the rollover of all commercial loans, according to the Minister for Foreign Affairs, Shah Mehmood Qureshi.
In a video message on Twitter, the minister confirmed China’s decision on its revolving facility for Pakistan and stated that procedural stipulations in this regard were being furnished by the concerned authorities and will be finalized soon.
Also, China is willing to bridge the supply of diesel to Pakistan in the face of the expected shortfalls that the country could face, he said.
Earlier, Pakistan had asked China to defer the payment of its existing loans worth $10.735 billion and provide an additional loan of $10 billion as a deposit fund. These included the rollover of safe deposits of $4 billion and commercial loans of $6.7 billion upon maturity, and a tentative currency swap arrangement beyond $15 billion, among other arrangements....
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China has given its nod of approval to Pakistan for the rollover of all commercial loans, according to the Minister for Foreign Affairs, Shah Mehmood Qureshi.
In a video message on Twitter, the minister confirmed China’s decision on its revolving facility for Pakistan and stated that procedural stipulations in this regard were being furnished by the concerned authorities and will be finalized soon.
Also, China is willing to bridge the supply of diesel to Pakistan in the face of the expected shortfalls that the country could face, he said.
Earlier, Pakistan had asked China to defer the payment of its existing loans worth $10.735 billion and provide an additional loan of $10 billion as a deposit fund. These included the rollover of safe deposits of $4 billion and commercial loans of $6.7 billion upon maturity, and a tentative currency swap arrangement beyond $15 billion, among other arrangements....
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