SHANGHAI, May 22, 2024—J.P. Morgan has revised its forecast for China’s economic growth in 2024, now estimating a 5.2 percent increase, up from the previous projection of 4.9 percent.
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China Reiterates Support for Pakistan’s Financial Stability
Lan Fo’an, the Finance Minister of China, has reaffirmed his country’s unwavering support for Pakistan’s efforts to enhance financial stability. This statement came during discussions with Pakistan’s Deputy Prime Minister and Foreign Minister, Senator Mohammad Ishaq Dar, in Beijing on Thursday.
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China Issues Red Alert Amid Geomagnetic Storm
China’s National Center for Space Weather raised alarms on Saturday with a red alert following the detection of a potent geomagnetic storm expected to persist over the weekend.
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China Intensifies Crackdown on Illegal Online External Links
In a major push to fortify internet regulation, China has initiated a two-month nationwide campaign to eradicate illegal external links across social networks and various online platforms.
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China Enacts New Customs Duties Law
Beijing, April 28, 2024 – In a significant move aimed at promoting a more open economy, China has officially passed a new law on customs duties, state media Xinhua reported on Friday.
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China Records 5.3% GDP Growth in First Quarter
Beijing, April 16, 2024 – China has reported a 5.3 percent year-on-year growth in Gross Domestic Product (GDP) for the first quarter of 2024, as revealed by data from the National Bureau of Statistics (NBS) on Tuesday.
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Sazgar and Great Wall Motors Launch EV ORA 3 in Pakistan
February 22, 2024: Sazgar Engineering, a prominent player in Pakistan’s automotive sector, has joined forces with Chinese car manufacturer Great Wall Motors (GWM) to unveil their latest venture in the automotive industry – the electric vehicle (EV) ORA 3.
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Use of RMB for Cross-Border Settlement to Bolster Pakistan-China Trade Ties
Karachi, October 27, 2023 – The State Bank of Pakistan (SBP) has announced that the utilization of the Chinese Renminbi (RMB) for cross-border settlements will bolster bilateral ties between Pakistan and China.
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Prime Minister Kakar to Attend Belt and Road Forum in China
Islamabad, October 14, 2023 – Caretaker Prime Minister Anwaar-ul-Haq Kakar is set to embark on a visit to China to participate in the Third Belt and Road Forum for International Cooperation, a significant international gathering that begins in Beijing on Tuesday.
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Chinese Swimmers Secure Seven Golds in Dominant Hangzhou Performance
The Chinese swimming team made a remarkable splash on the opening day of the Hangzhou Asian Games, securing an impressive seven gold medals and asserting their supremacy in the pool.
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