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China, Pakistan sign deals worth $2 billion
short by Aarushi Maheshwari / on Friday, 8 April, 2016
Companies from Xinjiang, China signed deals with Pakistan worth approximately $2 billion this week. Pakistan agreed infrastructure and energy projects worth $46 billion with China last year. In return, China would get a free trade zone in the Gwadar port, Pakistan, and access to the Arabian Sea. The deals were signed when Xinjiang's Communist Party chief Zhang Chunxian visited Pakistan.
read more at Reuters