Chinese companies have signed multiple MoUs with Pakistani counterparts in sectors like textile, technology, agriculture, and livestock at a Business Roundtable Conference in Beijing. The event saw 25 major Chinese firms express interest in investing in Pakistan. Meanwhile, the IMF has approved a $7bn loan for Pakistan, which owes significant debt to China.

BEIJING, China: As many as 25 major Chinese investment companies have expressed their deep interest in investing heavily in Pakistan. In a Business Roundtable Conference of Chaoyang District, Beijing including Agriculture, Automobile, Electrical alliances, Pharmaceuticals, Logistics, Medical equipment and technology companies are included. The Federal Minister for Board of Investment, Privatization & Communications Abdul Aleem Khan presided over this heavily attended Conference arranged at Pakistani Embassy in China. The Country Director of Hong Kong business group Anna Su, Mayor of Daming County Mr. Li Shuang, Chief Advisor Qin Linzheng, Deputy Mayor Sun Deshi, Group President of Lianghao Mr. Li Hui, Qin Linz Heng and Ambassador of Pakistan to China Khalil Hashmi addressed this Conference which discussed the cooperation between China and Pakistan and various MOUs were signed in the fields of Textile Technology, Agriculture and Animal Husbandry. The Director of Trade City Administrative Commission Qu Zong Kuan…