Canberra: The Australian Prime Minister, Malcom Turnbull clarified Australia’s stance by saying that the US was a strong, staunch ally, just as China was a very good friend, and the idea that it had to choose between any one of them was not correct. The Australian Prime Minister made this statement after bilateral talks with […]
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Beijing :The speed of the economic growth rate of China, which had taken a lead in the World economy, seems to have slowed down. According to the Chinese agencies, till 2016, China’s economy somehow managed a growth rate of 6.7%. In the last 26 years, this growth rate could be considered the lowest in China’s […]
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Islamabad : Asian Development Bank (ADB) has offered a loan of 5.9 billion dollars to Pakistan. Pakistan has asked for an 800 million dollar loan for its energy sector. Till the month of May 2016, the total debt burden on Pakistan has gone up to 1340.30 billion dollars, of which 58.34 billion dollars are in the […]
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Islamabad : China is disappointed with Pakistan as work on the China Pakistan Economic Corridor(CPEC)is progressing at a very slow speed. China has pressurised Pakistan by openly condemning it for the delay in the CPEC project. At the same time‘The Dawn’a news daily of Pakistan, published a report that hints on the disagreement between the government […]
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