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Pakistan Requests China To Ease Payments For CPEC Power Projects

In efforts to minimize financial and economic difficulties, cash-strapped Pakistan has requested China to ease the payment obligations of over USD 30 billion in power...

Chinese Economy In Doldrums; GDP Contracts 6.8% In The First Quarter Due to Covid-19

China, the world's second-largest economy appears to be in doldrums after the National Bureau of Statistics said that the country’s economic output shrank 6.8...

Islamabad Appreciates Debt Relief Package For Pakistan; FM Qureshi Calls It ‘Substantial’

Pakistan Foreign Minister Shah Mehmood Qureshi has welcomed the decision of G-20 nations to provide debt relief to developing countries which will have a...

IMF Fully Supports India’s ‘Proactive’ Measures Against Covid-19 Pandemic

The International Monetary Fund (IMF) has stated that it supports the Indian government's decision of enforcing a country-wide lockdown in its fight against the...

Indian State Of Gujarat Luring Japan, US Companies To Shift Production Base From China

With the world battling the Covid-19 pandemic, many global organizations including Apple, Microsoft, Google are contemplating moving production lines out of China. Indian state...