PM Shehbaz’s China trip geared towards more investment, says minister

The economy is expected to be high on the agenda when Prime Minister Shehbaz Sharif makes a five-day trip to China next week, but the outcomes of the visit are not expected to have any major impact on budget preparations. Chinese foreign ministry spokeswoman Mao Ning confirmed on Friday that Mr Sharif’s trip, which starts tomorrow, will include talks with President Xi Jinping and Premier Li Qiang. PM Shehbaz will also visit Guangdong province, China’s economic hub, and the northwestern province of Shaanxi. “Under the guidance of the leaders of the two cou­n­tries, China and Pakistan have in recent years had close high-level exchanges, steadily advanced practical cooperation … on the China-Pakistan Economic Corridor (CPEC), and mai­n­tai­ned sound communication and coordination in international and regional affairs,” Ms Mao said.