Monday, July 15, 2013

Pakistan encourages energy investment deals with China

Pakistan encourages energy investment deals with China
David Nealis President Ceres Ltd.
Pakistani Prime Minister Nawaz Sharif seeks to attract Chinese investors into the country's energy sector as Pakistan continues to suffer from power cuts of up to 20 hours a day. Sharif is set to meet Chinese President Xi Jinping, Premier Li Keqiang, and other Chinese financial and corporate leaders with the hope of obtaining high-impact Chinese infrastructure projects to improve Pakistan's energy and economic difficulties according to Chinese state run media. 
The over capacity of solar panels in China might just be an ideal form of aid from the Chinese government to their 3rd World partners. The China –Pakistan alliance has strengthened in recent years as a counter to the USA and Indian interests in the region, it will be interesting to see how this alliance grows as China cracks down on Islamic extremist in the their far western region.
China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

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