China reaffirms commitment to Pakistan investment

Chinese President Xi Jinping on Wednesday met with Pakistani Prime Minister Shahbaz Sharif in Beijing. Xi Jinping affirmed his country's commitment to invest in Pakistan despite obstacles created in recent years by security concerns and the global economic slowdown.

Xi cited the “all-weather strategic partnership” between the countries during a meeting in Beijing with newly elected Pakistani Prime Minister Shahbaz Sharif, according to the official Xinhua News Agency. China has committed tens of millions of dollars to build power plants and other infrastructure in Pakistan, and Xi pointed to transport links to the Arabian Sea port of Gwadar and in the southern trade hub of Karachi as key elements in that effort.