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Pakistan may be moving closer to formally allowing cryptocurrency trading through exchange companies. Fresh developments have emerged after high-level meetings between industry representatives and government officials. The move could bring billions of dollars into the country’s economy. A delegation of the Exchange Companies Association of Pakistan (ECAP) held important meetings in Islamabad, marking a significant development in the country’s crypto landscape. The delegation met with Minister of State for Finance Bilal Azhar Kayani and Head of the Crypto Council Bilal Bin Saqib. The ECAP team was led by Chairman Malik Bostan and Secretary General Zafar Paracha. Exchange companies eye crypto business Following these discussions, exchange companies and money…

Prime Minister Shehbaz Sharif is set to visit China next month in a key diplomatic move aimed at deepening Pakistan-China relations. The visit is expected to center on economic cooperation, CPEC progress, and regional geopolitical developments. High-level meetings with Chinese leadership will shape the future direction of bilateral engagement. Prime Minister Shehbaz Sharif’s visit to China in May marks an important step in further strengthening high-level bilateral relations. During his stay, the prime minister is expected to hold important meetings with the top Chinese leadership. The discussions will focus on expanding cooperation across multiple sectors. The visit comes at a…

President Asif Ali Zardari, Tuesday, arrived in Sanya, a city in China’s Hainan province, after completing his visit to Hunan province. Upon his arrival, the president was received by Wang Qiyang, Secretary of the Communist Party of China (CPC) Hainan. China’s Ambassador to Pakistan Jiang Zaidong and Pakistan’s Consul General in Guangzhou Sardar Muhammad were also present on the occasion. “The president’s visit to Sanya reflects the continuity of high-level exchanges between Pakistan and China and underscores efforts to further strengthen bilateral cooperation,” President Secretariat Media Wing said in a press release. Sanya, a globally recognized tourist destination, plays a…

China’s shipbuilding industry has delivered the world’s first car carrier with a capacity exceeding 10,000 vehicles. The Glovis Leader, a massive pure car and truck carrier (PCTC) with a record capacity of 10,800 car-equivalent-unit (CEU), was named and handed over on Tuesday at a shipyard in south China’s Guangzhou City. The vessel represents a breakthrough for China’s high-end manufacturing and provides a “Chinese solution” for the global shipping industry’s green and low-carbon transition. It was built by China State Shipbuilding Corporation (CSSC)’s Guangzhou Shipyard International (GSI) in partnership with China Shipbuilding Trading Co. for South Korean shipping company HMM, and…

A senior Chinese diplomat called for efforts to enhance communication and cooperation among participants of the Vienna Chapter of the Group of Friends of Global Governance to build a more just and equitable global governance system. Li Song, China’s permanent representative to the UN and other international organizations in Vienna, delivered a speech at the thematic event on the Global Governance Initiative (GGI), which also marks the launch of the Vienna Chapter of the Group of Friends of Global Governance, in Vienna, Austria, on Tuesday. Noting global challenges are emerging one after another at present and the UN is at a…

China has completed a demonstration of space metal 3D printing technology in space, said the Institute of Mechanics of the Chinese Academy of Sciences (CAS) on Monday, marking a major milestone in space manufacturing. The Institute of Mechanics, in collaboration with the CAS Innovation Academy for Microsatellites, successfully demonstrated in-orbit metal additive manufacturing, commonly known as metal 3D printing, in the previously launched Qingzhou Cargo Spacecraft Test Vehicle. Unlike conventional Earth-based 3D printing, space metal 3D printing must overcome unique challenges posed by microgravity, including metal droplet transition, liquid bridge stability and molten pool evolution. It also faces a series…

China will expand zero-tariff treatment to all African countries that have diplomatic relations with Beijing starting May 1, 2026, Chinese authorities announced . From May 1, 2026 to April 30, 2028, China will grant zero-tariff treatment, in the form of a preferential tariff rate, to 20 African countries that have established diplomatic ties with China and are not classified as the least developed countries, according to an announcement by the Customs Tariff Commission of the State Council. For products subject to tariff rate quotas, only the in-quota tariff rates will be reduced to zero, while the out-of-quota tariff rates will…

Chinese Defense Minister Dong Jun attended the defense ministers’ meeting of the Shanghai Cooperation Organization (SCO) member states in the Kyrgyz capital of Bishkek on Tuesday and delivered a speech. Dong noted that the China-proposed Global Development Initiative, Global Security Initiative, Global Civilization Initiative and Global Governance Initiative have brought invaluable stability and certainty to a turbulent world. The SCO, as a model of multilateralism, should firmly uphold the international order, jointly defend fairness and justice, jointly promote security governance, eliminate the sources of turmoil and conflict through shared development, and contribute the “SCO strength” to sustainable peace, development and…

Chinese President Xi Jinping sent a congratulatory message on Wednesday to the Green and Sustainable Development Forum of the Shanghai Cooperation Organization (SCO). The forum opened in Ningbo, east China’s Zhejiang Province, on Wednesday.

Army Rocket Force Command on Tuesday conducted a successful training launch of the indigenously developed Fateh-II Missile System, equipped with advanced avionics and state of the art navigational aids. The launch was aimed at training of troops, validating various technical parameters and performance evaluation of different sub-systems incorporated for improved accuracy and enhanced survivability, said a news release issued by Inter Services Public Relations (ISPR). The launch was witnessed by senior officers from Strategic Plans Division, Army Rocket Force Command and Pakistan Army along with scientists and Engineers of Strategic Organizations. The forum commended successful training fire of indigenously developed…