Pakistani security personnel stand next to burned out vehicles in front of the Chinese consulate after an attack in Karachi on Friday morning. — AFP/VNA PhotoViet Nam News BEIJING — China on Friday condemned an attack on its consulate in the Pakistani city of Karachi that killed two policemen and urged its ally to ensure the safety of Chinese citizens. Chinese foreign ministry spokesman Geng Shuang said all consular staff and their families were safe following the shooting, which was claimed by a separatist group. "China strongly condemns any violent attacks against diplomatic agencies and requests that Pakistan takes practical measures to ensure the safety of Chinese citizens and institutions in the country," Geng said at a regular press briefing. Three gunmen stormed the Chinese consulate on Friday morning and exchanged gunfire with security forces who shot them down. Geng said the gunmen did not enter the consulate and the exchange of fire took place … [Read more...] about China ’strongly condemns’ Pakistan consular attack
Pakistan china economic corridor
China says will provide economic aid to Pakistan but more talks needed
China says will provide economic aid to Pakistan but more talks needed Chinese President Xi Jinping meets Pakistani Prime Minister Imran Khan at the Great Hall of the People in Beijing, November 2, 2018 – Photo: REUTERS BEIJING (REUTERS) - China will provide Pakistan with economic aid but more talks are needed on the details, a senior Chinese diplomat said, after new Pakistani Prime Minister Imran Khan met Chinese Premier Li Keqiang on Saturday. Pakistan’s foreign reserves have plunged 42% since the start of the year and now stand at about US$8 billion, or less than two months of import cover. Last month, Pakistan received a $6 billion rescue package from Saudi Arabia, but officials say it is not enough and the country still plans to seek a bailout from the International Monetary Fund (IMF) to avert a balance of payments crisis. It would be Pakistan’s 13th rescue package from the multilateral lender since the late 1980s. Speaking to reporters in … [Read more...] about China says will provide economic aid to Pakistan but more talks needed
Best time to export Vietnamese goods to Pakistan
Ambassador Pham Hoang Kim and leader of Korangi Industrial Zoneat the MoU signing ceremony (Photo: tapchihuunghi.vn) Korangi is one of the largest industrial zones of Pakistan, gathering more than 4,500 businesses in the main fields of Pakistan’s economy, such as garment and textile, leather footwear, pharmaceuticals, cosmetics, chemicals and food processing. Many of them are doing business with Vietnamese partners. Pakistani businesses said that Vietnam – Pakistan economic and trade relations are developing strongly in recent years, however, the cooperation potential is still great and both sides have not yet fully exploited ties; Pakistan is always in a trade deficit, while the country has high demand for exporting goods, promoting export market. Korangi industrial zone exports 75% of Pakistan's material leather with good quality and competitive price. Two-way trade in leather footwear has existed for a long time, but Pakistan’s export to Vietnam is still … [Read more...] about Best time to export Vietnamese goods to Pakistan
Boao Forum for Asia: Chinese President meets other leaders
Chinese President Xi Jin-ping (Source: AFP/VNA)In the meeting with Philippine President Rodrigo Duterte, President Xi Jin-ping called for friendly relations between the two countries. The two countries should enhance connection of development strategies and push cooperation in all areas under the Belt and Road, President Xi said. The two leaders also witnessed the signing of cooperation documents after the meeting. While meeting with Singapore Prime Minister Lee Hsien Loong, President Xi Jin-ping said development of China-Singapore ties is closely related with China's reform and opening-up. The two countries should map out new strategic and top-level planning on promoting bilateral ties and advancing pragmatic cooperation. With Pakistani Prime Minister Shahid Khaqan Abbasi, President Xi Jin-ping asked to speed up the construction of the China-Pakistan Economic Corridor and ensure sound planning of all related projects. The ties between China and Pakistan should become a model for … [Read more...] about Boao Forum for Asia: Chinese President meets other leaders