Economy
Chinese firms achieve 'little success' in Karachi expo, says The Economist report

Just Earth News | @justearthnews | 16 Feb 2020 Print

Chinese firms achieve 'little success' in Karachi expo, says The Economist report

Beijing: Despite sharing strong bonds among themselves as all-weather alliance partners, several Chinese firms recently faced troubles in a Karachi expo, hinting the underlying difference shared by the two nations.

In a recent report published by The Economist titled 'Chinese investment in Eurasia is not always smooth', it has been said that staff from 120 Chinese firms, who attended the Karachi expo, had little success as they stood, brochures and electronic translation devices in hand, touting everything from hoses to pumps to window frames.

Alex Hou, from a firm in Zhejiang province that sells pvc film to factories, told the publication thatPakistani officials could have done a lot more to promote the event. 

More broadly, Pakistan is a lesson in how China can fumble the politics of its prime foreign policy, reported the magazine.

Pakistan leaves behind its own students in Coronavirus hit China:

Interestingly, Pakistan left its own students in coronavirus-hit China, despite their pleadings, to showcase their bond and solidarity with the Asian behemoth that often backed the Islamic nation against India.

China recently said China and Pakistan are "iron-clad friends" appreciating Pakistan's decision of not evacuating its citizens from coronavirus-stricken Hubei and the city of Wuhan even as Pakistan continues to draw flak from its people for the decision.

Chinese foreign ministry spokesperson, Hua Chunying had said, "Prime Minister Imran Khan and Foreign Minister Shah Mahmood Qureshi highly commend and firmly support China's efforts to fight against the nCoV."

Chunying said the Pakistani government has appreciated Chinese assistance to Pakistani citizens and expressed full confidence in the capabilities of the Chinese system in controlling the outbreak and eliminating the disease.

Several Pakistani students posted videos expressing anger and frustration over Pakistan's stand to show solidarity with disease-hit China and comparing their situation with Indian students who were evacuated from Wuhan over the weekend.

The majority of the cases including deaths are from Hubei. Hundreds of Pakistani students are studying medicine in Wuhan, which is currently under lockdown amid Coronavirus scare.