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Message from Chief Patron, Pak-China Club

Mehtab Uddin Chawla, Chief Patron, Pak-China Club with all of Pakistan's citizens congratulate and extend our highest regards & best wishes to the people and the government of People's Republic of China on it's 65th National Day Anniversary.

China is Pakistan's neighbour, friend and ally & both countries are linked via the 8th wonder of the world, The Karakoram Highway, rivers and mountain ranges. The phrase "higher than the mountains and deeper than the oceans" fits best when defining the political, financial, economical & cultural friendship that exists between the two neighbours. With approximately similar births dates, Pakistan & China set a global example of how good neighbours can partner, trust, deveolop & nuture to each others needs & growth to provide the best living standards to the citizens of their countries. China todate remains as Pakistan number one global ally & is dedicated in co-developing with Pakistan in all fields of life including defence, power, infrastructure, health, trade and industry & is a role model for the People & Government of Pakistan.

The past few years have proved the strength of the partnership that exists between the two nations; recently China & Pakistan have signed MOU's worth US $32 Billion that clearly prove the fact that this friendship is headed for the long term. Once these MOU's materialise, Pakistan's troubles of energy, infrastructure & resource allocation will be over soon. I am confident that the relations between the two all-weather friends would continue to flourish since our partnership remains important from the very basic needs to the highest levels of Government & Political fields. China's Consul General of the People's Republic of China in Karachi, H.E. Ma Yaou has further created a business bridge and propogates economic growth & it is well known that in todays new world order, social & economical growth is pivtol for the health & prosperity of a country. I am confident that this approach and mindset is going to help and strengthen further, the Pak/China friendship.

At this point it is also beneficial to send a message to the citizens, political & government authorities of Pakistan that we should learn from our neighbourly brothers & friends of China to focus on ourselves as a people, an economy & a country to grow & flourish like the second largest economy of world (People Republic of China) who to-date hold foreign reserves of more than US $7.00 Trillion. Pakistan possesses the right resources, compassionate & hard working people who can unite under a single umbrella of Pakistan and prove to be a growing & sustainable economy & social powerhouse. Pakistan should set aside all regional and internal disputes, similar to how China had done in the past & focus on our people, peace, economic & educational growth. Our heartiest facilitations once again to the People & Government of People's Republic of China.

Copyright Business Recorder, 2014


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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln