“One country, two systems” a great principle: observer
“I think the ‘one country, two systems’ is a great principle, and China has been able to practice that fully well,” said a Pakistani expert on the development of China’s…
Hoechst Pakistan plans to establish subsidiary in UAE
To capitalize on the business-friendly environment in the United Arab Emirates (UAE), another listed Pakistani company, Hoechst Pakistan Limited, formerly Sanofi-Aventis Pakistan Limited, announced plans to establish a subsidiary in…
Pakistan secures $300mn loan through UBL at 7.2%-7.7% interest
First non-Chinese financing in years arranged by UBL through Gulf-based lenders; an additional $100 million facility may follow By Monitoring Desk Pakistan has acquired a $300 million commercial loan at…
China launches communication technology test satellite
A Long March-3B carrier rocket carrying a test satellite for communication technology blasts off from the Xichang Satellite Launch Center in southwest China’s Sichuan Province, Dec. 20, 2024. China successfully…
Annual buzzword selection highlights changes in China, world
Multiple organizations in China released the most popular Chinese characters and phrases of 2024 on Friday, offering insight into the evolving trends of the country and the world. The top…
Pakistan: Islamabad to become ‘model city’ for EVs
As part of the government’s commitment to increase electric vehicle (EV) usage in Pakistan, Federal Minister for Industries and Production Rana Tanveer Hussain expressed confidence that the capital Islamabad would…