ISLAMABAD: Pakistani Prime Minister Imran Khan said on Monday he was “deeply saddened” as a China Eastern Airlines Boeing 737-800 with 132 people on board crashed in the mountains in southern China on a domestic flight.
Media have said there was no sign of survivors. President Xi Jinping called for investigators to determine the cause of the crash as soon as possible, state broadcaster CCTV reported.
“Deeply saddened by the tragic loss of lives in the passenger plane crash in China,” Khan said on Twitter. “We share the grief of our Chinese brothers and sisters and convey our deepest condolences and sympathies with the bereaved families.”
The plane crashed en route from the southwestern city of Kunming, capital of Yunnan province, to Guangzhou, the capital of Guangdong, bordering Hong Kong.
China Eastern said the cause of the crash, in which the plane descended at 31,000 feet a minute according to flight tracking website FlightRadar24, was under investigation.
Media cited a rescue official as saying the plane had disintegrated and caused a fire destroying bamboo trees. The People’s Daily quoted a provincial firefighting department official as saying there was no sign of life among the debris.
The aircraft, with 123 passengers and nine crew on board, lost contact over the city of Wuzhou, China’s Civil Aviation Administration of China (CAAC) and the airline said. The flight left Kunming at 1:11 p.m. (0511 GMT), FlightRadar24 data showed, and had been due to land in Guangzhou at 3:05 p.m. (0705 GMT).
The plane, which Flightradar24 said was six years old, had been cruising at 29,100 feet at 0620 GMT. Just over two minutes and 15 seconds later, data showed it had descended to 9,075 feet.
Twenty seconds later, its last tracked altitude was 3,225 feet.
PM Khan says ‘deeply saddened’ as Chinese plane crashes in mountains with 132 on board
https://arab.news/7mc9t
PM Khan says ‘deeply saddened’ as Chinese plane crashes in mountains with 132 on board
- The China Eastern Airlines Boeing 737-800 crashed in the mountains in southern China on a domestic flight
- China Eastern said cause of crash, in which plane descended at 31,000 feet a minute, was being probed
Pakistan reports current account surplus in Jan. owing to improved trade, remittances
- Pakistan’s exports crossed the $3 billion mark in Jan. as the country received $3.5 billion in remittances
- Last month, IMF urged Pakistan to accelerate pace of structural reforms to strengthen economic growth
ISLAMABAD: Pakistan recorded a current account surplus of more than $120 million in January, the country’s finance adviser said on Tuesday, attributing it to improved trade balance and remittance inflows.
Pakistan’s exports rebounded in January 2026 after five months of weak performance, rising 3.73 percent year on year and surging 34.96 percent month on month, according to data released by the country’s statistics bureau.
Exports crossed the $3 billion mark for the first time in January to reach $3.061 billion, compared to $2.27 billion in Dec. 2025. The country received $3.5 billion in foreign remittances in Jan. 2026.
Khurram Schehzad, an adviser to the finance minister, said Pakistan reported a current account surplus of $121 million in Jan., compared to a current account deficit of $393 million in the same month last year.
“Improved trade balance in January 2026, strong remittance inflows, and sustained momentum in services exports (IT/Tech) continue to reinforce the country’s external account position,” he said on X.
Pakistan has undergone a difficult period of stabilization, marked by inflation, currency depreciation and financing gaps, and international rating agencies have acknowledged improvements after Islamabad began implementing reforms such as privatizing loss-making, state-owned enterprises (SOEs) and ending subsidies as part of a $7 billion International Monetary Fund (IMF) loan program.
Late last month, the IMF urged Pakistan to accelerate the pace of these structural reforms to strengthen economic growth.
Responding to questions from Arab News at a virtual media roundtable on emerging markets’ resilience, IMF’s director of the Middle East and Central Asia Jihad Azour said Islamabad’s implementation of the IMF requirements had been “strong” despite devastating floods that killed more than 1,000 people and devastated farmland, forcing the government to revise its 4.2 percent growth target to 3.9 percent.
“What is important going forward in order to strengthen growth and to maintain the level of macroeconomic stability is to accelerate the structural reforms,” he said at the meeting.
Azour underlined Pakistan’s plans to privatize some of the SOEs and improve financial management of important public entities, particularly power companies, as an important way for the country to boost its capacity to cater to the economy for additional exports.
“This comes in addition to the effort that the authorities have made in order to reform their tariffs, which will allow the private sector of Pakistan to become more competitive,” the IMF official said.
