Following the success of AMAYA Residences which sold out in record-breaking time, One Homes is expected to launch another serviced apartment concept in Cedar Hills, Islamabad. The $35 million state-of-the-art development, positioned just 15 minutes from the capital’s centre, aims to merge the tranquillity of nature with urban dynamism. Tailored for the overseas Pakistani market, the project offers dollar-linked rental …

BEIJING: China has warned the US and the Philippines that their recent joint naval patrols near Chinese territorial waters should not harm China’s sovereignty and maritime interests, with analysts saying the military activities by Washington and Manila showed the two countries have no sincerity to ease tension. Chinese military experts said the vessels and aircrafts that are participating in the patrol …

BEIJING: Chinese financial regulators on Wednesday moved swiftly to implement tasks set by the top-level, tone-setting central financial work conference, including announcing new regulations for commercial banks and vowing to take measures to defuse risks and ensure sound and stable development.  The two-day conference, which concluded on Tuesday, offered a clear path for the financial industry to tackle risks, including the …

ISLAMABAD: Ambassador of China to Pakistan Jiang Zaidong called on Caretaker Federal Minister for Energy Muhammad Ali here on Tuesday.The Minister appreciated the continuous engagement of China in the energy sector with Pakistan, said a press release. He extended his congratulations for the successful 3rd Belt and Road Forum for International Cooperation that was held earlier this month in China.The …

ISLAMABAD: One Homes, a leading UK-based property investment and development company, has announced another mega-million-dollar project in Pakistan. The company known for bringing international brands like Versace, Varabyeu Partners, Kobi Karp and many others to Pakistan announced their latest project The Haute Collection by Sarah Rahal. This is the second time One Homes is collaborating with Sara Rahal, the highly …

BEIJING: The Chinese renminbi (RMB) is making steady progress in becoming a more widely used currency in the global economy, according to a report released by People’s Bank of China (PBOC). One of the most notable trends highlighted in the 2023 report on Chinese RMB internationalization is the increased use of the currency in trade and investment. In 2022, banks …

WASHINGTON: China’s top diplomat and Foreign Minister Wang Yi met with US President Joe Biden in the White House on Friday with an objective to communicate with the US and effectively implement the important consensus reached at the meeting between the two heads of state in Bali last year. Wang also told Biden he looks forward to San Francisco, in …

China’s government agencies released macro-economic figures on Friday, indicating that the economy is still on the right track of recovery. Analysts said a raft of targeted macro-policies and the issuance of an additional 1 trillion yuan ($137 billion) in special treasury bonds will inject new impetus into the economy and contribute to the achievement of its preset annual GDP growth …

BEIJING: Li Keqiang, former premier of the State Council of China and member of the Standing Committee of the Political Bureau of the 17th, 18th and 19th Communist Party of China (CPC) central committees, passed away on Friday in Shanghai. He was 68. Li died of a sudden heart attack at 00:10 on Friday after all-out rescue efforts failed, according to …

Chinese President Xi Jinping stressed that China’s policy toward the US is consistent, which is mutual respect, peaceful coexistence and win-win cooperation, noting China will continue to work in this direction and hopes that the US will work with China in the same direction, when meeting with California Governor Gavin Newsom on Wednesday. Experts said that such a high-level reception …