China invests in Pakistan: MoUs signed in textile, technology, agriculture sectors
- Posted on September 28, 2024
- By Business News Today
- 3 Views
China invests in Pakistan: MoUs signed in textile, technology, agriculture sectors
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.