Chinese textile giant sets up major Pakistan manufacturing facility, eyes $500mn annual exports

Challenge Fashion, a Chinese apparel manufacturer, plans to significantly expand its operations in Pakistan, with a long-term goal of generating annual exports of $400–500 million. The plans were discussed during a meeting between Federal Commerce Minister Jam Kamal Khan and a Chinese business delegation led by Huwang, Chairman of Challenges Fashion and Karen Chen, CEO of Challenge Apparel, to discuss investment in export-oriented manufacturing, industrial facilitation, tariff rationalisation, and broader Pakistan-China economic cooperation, read an official statement on Wednesday. ‎‎During the meeting, both sides exchanged views on the growing potential for Chinese investment in Pakistan, in the textiles, apparel and other sectors.