Chinese yuan strengthens to 7.1506 against USD Monday
BEIJING (Xinhua); The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 29 pips to 7.1506 against the U.S. dollar Monday, according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each […]
China Flags Off First ‘Zheng He’ Multimodal Train from Kunming to Laos, Thailand
Islamabad (Monitoring Desk) The first train of the “Zheng He” Sea-Road-Rail International Multimodal Transport Service departed on Friday from Tengjun International Land Port in Kunming, the capital of southwest China’s Yunnan Province. This marks a significant step in enhancing regional connectivity and trade under China’s Belt and Road Initiative. The train will travel along the […]
China’s foreign exchange reserves increase in June
BEIJING (Xinhua); China’s foreign exchange reserves totaled 3.3174 trillion U.S. dollars at the end of June 2025, up by 32.2 billion U.S. dollars, or 0.98 percent, compared to the end of May, official data showed Monday. In June, the U.S. dollar index declined while global financial asset prices generally increased due to factors such as […]
Forum in Islamabad charts new course for China-Pakistan agricultural cooperation under CPEC
The China-Pakistan High-Quality Agricultural Cooperation Development Forum, hosted by the China Chamber of Commerce in Pakistan (CCCPK), convened in Islamabad with a mission to boost agricultural industrial ties. The event spotlighted collaborative strategies to modernize agriculture and further integrate it into the CPEC roadmap. The China-Pakistan High-Quality Agricultural Cooperation Development Forum was held in Islamabad, […]
Karachi Super Mini Truck Plant: A New Era for Pakistan-China Cooperation
In a significant step toward industrial growth and technology transfer, the Government of Sindh has announced the launch of a Super Mini Truck assembly plant in Karachi, in collaboration with Chinese investors. The announcement was made by Sindh’s Senior Minister Sharjeel Inam Memon during the unveiling ceremony of the Super Mini Truck in Bozhou, China. […]
Pakistani Food Exporters Tap Chinese Market at SIAL Shanghai 2025
Eleven Pakistani food and beverage companies are participating in SIAL Shanghai 2025, Asia’s premier food exhibition, held from May 19 to 21. The event, spanning 200,000 square meters, features 5,000 exhibitors from 75 countries, showcasing 350,000 food products. Pakistan’s participation is organized by the Trade Development Authority of Pakistan (TDAP) and the Consulate General of […]
Pakistan’s IMF Negotiations: Key Demands & Fiscal Changes
As negotiations between Pakistan and the International Monetary Fund (IMF) progress concerning the upcoming fiscal year’s budget, the Pakistani government has agreed to several of the IMF’s key demands. These include the withdrawal of tax exemptions previously granted to the former Federally Administered Tribal Areas (FATA) and Provincially Administered Tribal Areas (PATA). The two sides […]
China Tops Pakistan’s Foreign Investment Chart in FY2024–25
China invested $711.3 million in Pakistan Between July 2024 and April 2025, making it the country’s top foreign investor, according to data released by the State Bank of Pakistan (SBP) on May 17. The investment flowed into key areas such as finance and energy, highlighting China’s growing economic partnership with Pakistan even as overall foreign […]
More Features, Less Price: Why Pakistani Buyers Are Turning to Chinese Cars
Islamabad— In a small but bustling showroom in Islamabad, Mohammad Zeb Mushtaq gestures toward a gleaming Changan Alsvin sedan. As Sales Manager at Changan Islamabad for the past four years, he’s witnessed firsthand the evolution of Pakistani consumers’ attitudes toward Chinese automobiles. “If you compare Toyota or Honda, the difference between our full option sedan […]
A new National Agri-Trade and Food Safety Authority approved, older ones scrapped amid concerns over provincial autonomy
The President of Pakistan has issued an ordinance to establish the National Agri-Trade and Food Safety Authority (NAFSA), a new body aimed at centralizing food safety and agricultural trade functions. The initiative consolidates the Department of Plant Protection (DPP) and the Animal Quarantine Department (AQD) into a single authority to enhance efficiency and regulatory coordination. […]