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Posts published in “Day: February 20, 2016

COAS visits 10 Corps :report in The News, Feb 19, 2016

ISLAMABAD: The Chief of the Army Staff (COAS), General Raheel Sharif, on Wednesday visited the 10 Corps Headquarters, Chaklala, and received detailed operational and security brief. According to the Inter-Services Public Relations (ISPR), the COAS expressed his complete satisfaction over the operational preparedness of the corps. He laid a wreath at the Yadgar-e-Shuhada, offered Fateha and paid tributes to the supreme sacrifices of officers and men of the Pakistan Army deployed along the Line of…

China’s Foreign Exchange Reserves Dwindling Rapidly By KEITH BRADSHER in the NY Times, Feb 19, 2016

HONG KONG — As markets around the world have churned, China has long taken comfort in having what in the financial world amounts to a life preserver: its vast holdings of other countries’ money. A year and a half ago, China held as much as $4 trillion in foreign exchange reserves. The reserves represented a symbolic trophy for China’s leaders, who have described them as the “blood and sweat” of the workers and upheld them…