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China promises to support Pakistan's economy
China promised to support Pakistan’s economy on Friday as Prime Minister Imran Khan told of his country’s “very difficult” economic situation amid a burgeoning financial crisis.
Meeting Chinese President Xi Jinping in Beijing’s Great Hall of the People, Khan said he’d come to China to learn.
“Countries go in cycles. They have their high points, they have their low points. Unfortunately, our country is going through a low point at the moment with two very big deficits, a fiscal deficit and a current account deficit. And so we, as I’ve said, have come to learn.”
Xi told Khan that he highly valued the two country’s relations, reaffirming they were “all-weather” friends.
“I attach great importance to China-Pakistan relations and am willing to work together with the prime minister to strengthen the China-Pakistan all-weather strategic partnership and build a new era of China-Pakistan destiny,” Xi said.
However, the Chinese government’s top diplomat, State Councillor Wang Yi, told Pakistani Foreign Minister Shah Mahmood Qureshi in a separate meeting that China would not let Pakistan down.
“The Chinese side will continue to provide support and help to the best of its ability for Pakistan’s economic and social development and national construction,” China’s Foreign Ministry cited Wang as saying, without giving details.
The Pakistan prime minister’s office said later that Xi had accepted an invitation to visit the country. It gave no timeframe.
PM Imran will meet Chinese Premier Li Keqiang on Saturday, when the two countries are expected to sign a series of agreements.
Pakistan has sought to amend CPEC to put greater emphasis on projects that focus on social development, rather than purely on infrastructure.
After visiting Beijing, Imran Khan is set to be a key note speaker at a major import fair in Shanghai, an event being touted by China as an opportunity to show the world the country welcomes foreign companies and their products.
https://nation.com.pk/02-Nov-2018/china-promises-to-support-pakistans-economy
China promised to support Pakistan’s economy on Friday as Prime Minister Imran Khan told of his country’s “very difficult” economic situation amid a burgeoning financial crisis.
Meeting Chinese President Xi Jinping in Beijing’s Great Hall of the People, Khan said he’d come to China to learn.
“Countries go in cycles. They have their high points, they have their low points. Unfortunately, our country is going through a low point at the moment with two very big deficits, a fiscal deficit and a current account deficit. And so we, as I’ve said, have come to learn.”
Xi told Khan that he highly valued the two country’s relations, reaffirming they were “all-weather” friends.
“I attach great importance to China-Pakistan relations and am willing to work together with the prime minister to strengthen the China-Pakistan all-weather strategic partnership and build a new era of China-Pakistan destiny,” Xi said.
However, the Chinese government’s top diplomat, State Councillor Wang Yi, told Pakistani Foreign Minister Shah Mahmood Qureshi in a separate meeting that China would not let Pakistan down.
“The Chinese side will continue to provide support and help to the best of its ability for Pakistan’s economic and social development and national construction,” China’s Foreign Ministry cited Wang as saying, without giving details.
The Pakistan prime minister’s office said later that Xi had accepted an invitation to visit the country. It gave no timeframe.
PM Imran will meet Chinese Premier Li Keqiang on Saturday, when the two countries are expected to sign a series of agreements.
Pakistan has sought to amend CPEC to put greater emphasis on projects that focus on social development, rather than purely on infrastructure.
After visiting Beijing, Imran Khan is set to be a key note speaker at a major import fair in Shanghai, an event being touted by China as an opportunity to show the world the country welcomes foreign companies and their products.
https://nation.com.pk/02-Nov-2018/china-promises-to-support-pakistans-economy
