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Posts published in “Day: December 26, 2016

‘China to set up steel factory at Gwadar’

ISLAMABAD: Acting Chinese Ambassador to Pakistan, Zhao Lijian Monday said that his country would set up a large steel factory at Gwadar to further expedite economic developments being carried out under China-Pakistan Economic Corridor (CPEC) framework.  “Both China and Pakistan would very soon sign an agreement to establish the steel factory, three times bigger than the free economic zone being set up in Gwadar city,” he announced on Monday while addressing participants of a day-long…

China to roll out red carpet for ‘talented’ Maryam : report in Daily Times, Dec 20,2016

ISLAMABAD: “We will be happy if you include your talented daughter Maryam Nawaz in the visiting delegation,” a press release issued by the PML-N media cell quoted Chinese vice minister of international department as saying on Monday. The prime minister’s daughter Maryam Safdar is the de facto head of the media cell. Zheng Xiaosong was talking to Prime Minister Nawaz Sharif during his visit to the PM’s House. The prime minister told Xiaosong that they…

China not following through on market reform promises, says German ambassador By Wendy Wu in South China Moorning Post, Dec 20, 2016

China isn’t following through on its market reform pledges as quickly as desired, German ambassador to China Michael Clauss said in an interview. “I regret to note that the reform initiatives taken at the third plenum apparently have lost momentum,” Clauss told the South China Morning Post in Beijing. The Communist Party, under the leadership of Xi Jinping, pledged three years ago that China would allow the market to play a “decisive” role in resources…

China’s influence in Asia: a challenge more than a feat By Su Tan in Global Times, Dec 19, 2016 at 23:28 hrs

China will remain the most influential country in Asian affairs in the decade to come, surpassing the US, according to the latest poll released by the Global Times Global Poll Center on Saturday. This opinion was held by 44.6 percent of 16,172 respondents in the survey that covered residents aged above 18 years living in 16 countries across the world. Interviewees worldwide are increasingly recognizing the positivity that China has brought to the world. The…