HONG KONG: China and Pakistan will upgrade and reconstruct Pakistan’s railway network and further develop its Gwadar port, while Chinese companies can invest in the South Asian nation’s offshore oil and gas developments, the official Xinhua news agency reported on Thursday.
The comments came as Pakistan’s President Asif Ali Zardari visits China from February 4-8, where he will also attend the opening ceremony of the Asian Winter Games.
Chinese investment and financial support for Pakistan since 2013 have been a boon for the South Asian nation’s struggling economy.
The two countries have had close ties underpinned by long-standing wariness of their common neighbor, India, and a desire to hedge against US influence across the region.
Pakistan and China recognized the importance of Pakistan’s “Gwadar Port and agreed to fully unleash its potential as a key node for connectivity and trade,” Xinhua said quoting a joint statement from the two countries.
Chinese-funded enterprises would be encouraged to “carry out mining investment cooperation in Pakistan” and cooperate in terrestrial and marine geological resources.
“Pakistan welcomes Chinese companies to participate in the development of offshore oil and gas resources in Pakistan.”
Longtime Pakistan ally China has thousands of nationals working on projects grouped under the China-Pakistan Economic Corridor (CPEC).
The $65-billion investment is part of President Xi Jinping’s Belt and Road Initiative, designed to Beijing’s global reach by road, rail and sea.
China, Pakistan pledge to boost cooperation on infrastructure, mining projects
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China, Pakistan pledge to boost cooperation on infrastructure, mining projects
- President Asif Ali Zardari is visiting China from Feb. 4-8, where he will also attend the opening ceremony of Asian Winter Games
- Chinese investment and financial support for Pakistan since 2013 have been a boon for South Asian nation’s struggling economy
Sri Lanka seal gritty T20 win over Pakistan to level series
- In a contest trimmed to 12 overs a side, Sri Lanka scored 160 runs before choking Pakistan to 146-8
- The series saw the visitors clinch the opener by six wickets before rain washed out the second game
Dambulla: Sri Lanka eked out a hard fought 14-run victory over Pakistan in the third T20 at rain-hit Dambulla on Sunday, easing their batting jitters and squaring the three-match series 1-1.
The series, a warm-up for the T20 World Cup with Pakistan set to play all their matches in Sri Lanka due to political tensions with nuclear-armed neighbors India, saw the visitors clinch the opener by six wickets before rain washed out the second game.
“We were a bit worried about our batting and I’m glad we addressed that today,” said Wanindu Hasaranga, who walked away with both Player of the Match and Player of the Series honors.
“The bowlers did a good job too. The ball was wet and it wasn’t easy. We tried to bowl wide and slow and asked them to take risks.”
Hasaranga took four wickets in the game and in the process completed 150 wickets in T20Is.
In a contest trimmed to 12 overs a side, Sri Lanka muscled their way to a competitive 160 before choking Pakistan to 146-8.
Having been bowled out inside 20 overs in the series opener, Sri Lanka needed a statement with the bat and duly ticked every box after being put in.
The top order laid the platform and the middle order applied the finishing touches.
Wicket-keeper Kusal Mendis made hay under the Power Play, blasting 30 off 16 balls while Dhananjaya de Silva (22 off 15) and Charith Asalanka (21 off 13) kept the scoreboard ticking.
Skipper Dasun Shanaka then swung the momentum decisively, clubbing 34 off just nine deliveries, peppered with five towering sixes.
The sixth-wicket stand between Shanaka and Janith Liyanage produced 52 runs in just 15 balls and proved the turning point, shifting the game firmly Sri Lanka’s way.
Pakistan came out swinging in reply, racing to 50 in just 19 balls with captain Salman Agha hammering 45 off 12 balls, including five fours and three sixes.
But once the field spread, Sri Lanka tightened the screws, applied the choke and forced the asking rate to spiral.
“It was a good game of cricket,” Agha said.
“We conceded too many runs, but our batting effort was good. Unfortunately, we fell short. We know we are going to play all our World Cup games in Sri Lanka and it’s important that we played in similar conditions,” he added.
