Facts Files

China overtakes US as top direct foreign investor in Pakistan

China is overtaking the US as the largest direct foreign investor in Pakistan, with the South Asian nation increasingly favouring its neighbour’s “One Belt, One Road” trade route that is funnelling in billions of dollars and revamping decrepit infrastructure.

With relations frayed between the United States and Pakistan, China has been strengthening its ties to the nation of about 200 million people after it pledged two years ago to loan and finance about US$55 billion (S$77 billion) in a so-called China-Pakistan Economic Corridor (CPEC).

US direct investment in Pakistan stood at US$505 million – from July 2013 to January this year, compared with US$1.82 billion that came from neighbouring China, according to central bank data.

Five Pakistani Soldiers killed on Afghan Border

Five brave soldiers of the Pakistan Army and more than 10 suspected militants were reportedly killed in a cross-border “terrorist attack” on three Pakistani border posts along the Pak-Afghan border area on Sunday night, the 6th of march 2017 Inter-Services Public Relations (ISPR) said. ISPR in a statement said “terrorists” from across the border had… read more »

5th of February Kashmir Day

MUZAFFARABAD: The people of Pakistan and Azad Jammu and Kashmir (AJK) will observe the ‘Kashmir Solidarity Day’ on Sunday to reaffirm their support for the struggle of the people of India-held Kashmir for their right to self-determination pledged under several UN Security Council resolutions. Pakistanis and Kashmiris have been observing the Kashmir Day every year… read more »

Kashmiris and Kashmir Fact File

Kashmir Fact File Kashmir is an 86,000-square mile region in the northern part of the Indian subcontinent. The separatist violence has killed more than 47,000 people, which does not include people who have disappeared due to the conflict. Some human rights groups and nongovernmental organizations put the death toll at twice that amount. India and… read more »

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