💨 Abstract

China and Pakistan have agreed to upgrade and reconstruct Pakistan's railway network and develop its Gwadar port, while Chinese companies can invest in Pakistan's offshore oil and gas developments. This follows a visit by Pakistan's President Asif Ali Zardari to China, where Chinese investment and financial support for Pakistan's struggling economy have been significant since 2013. The two countries have long-standing ties due to shared concerns about India and U.S.

Courtesy: theprint.in

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