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China Pakiostan Economic Corridor

China removes ambassador’s offer of ‘renaming CPEC’ from embassy website

NEW DELHI: As Chinese ambassador to New Delhi made an unusual remark hinting at renaming the China-Pakistan Economic Corridor to allay India’s concerns, the Indian media widely reported the statement prompting the Chinese government to smell an uncalled-for controversy that could arise out it.    Chinese ambassador to New Delhi Luo Zhaohui, while referring to frosty Indo-Pakistan ties, said on Friday that China had no intention to get involved in the sovereignty and territorial disputes between India and Pakistan and that…

Pakistan’s economy progressing despite recent surge in terrorism: US magazine

ISLAMABAD: An American magazine has stated that Pakistan's economy is on progressing trajectory despite the surge in terrorist attacks in the country, ARY News reported on Wednesday. An opinion peace published in Washington Post mentioned that stock market in Pakistan is performing well whereas International Monetary Fund (IMF) has constantly lauded the economic performance of the country. The article said that World Bank has predicted Pakistan's economy will grow by 5.2 percent in the ongoing fiscal year. According…