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Pakistan, China Sign $1.22B Deals at Business Conference

May 24, 2026

1 min read

Key Takeaways

Pakistani and Chinese companies signed $1.22 billion deals.
Agreements were made at the Pakistan-China Business Conference.
Prime Minister Shehbaz Sharif witnessed the signing.

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Strategic Implications

This development may indicate a strengthening of economic ties between Pakistan and China. The $1.22 billion value suggests significant investment in bilateral cooperation, which could benefit both countries and may set a precedent for future partnerships.

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What Happened

Pakistani And Chinese Companies Strengthen Economic Ties

Pakistani and Chinese companies have signed cooperation agreements worth $1.22 billion at the Pakistan-China Business Conference in Hangzhou, China. Prime Minister Shehbaz Sharif witnessed the signing, which included meetings with representatives of several Chinese companies. The agreements represent a significant expansion of economic cooperation between the two nations, with potential implications for regional trade and investment. This was reported by Reuters.

Source

Companies Mentioned