China seeks to allay Belt and Road debt concerns

China seeks to allay Belt and Road debt concerns

Duterte also congratulated China on its 70th founding anniversary and said Xi's state visit to Manila in November previous year was a "watershed moment" in the Philippines-China ties.

The Prime Minister visited China in August previous year.

Egyptian President Abdel-Fattah El-Sisi arrived on Wednesday in the Chinese capital Beijing at the invitation of Chinese President Xi Jinping to attend the "Belt and Road" summit, which is being attending by a number of heads of state, a statement by Egypt's presidential spokesperson said. Important decisions are likely to be taken on strategic ties, trade and the China-Pakistan Economic Corridor (CPEC) during the visit.

He said relations between the two countries are "strong, resilient, unbreakable".

President Rodrigo Duterte has called on different countries to have a "collective action" on climate change amid the concerning impacts of weather disturbances on developing countries.

The prime minister said that Pak-China friendship was ingrained in the hearts and minds of people of the two countries and it would remain intact even after any regional and worldwide developments.

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He said Pakistan was looking forward to the project, known as CPEC, moving into its next phase focusing on "social uplift", poverty alleviation, agriculture and industry, including the opening of special economic zones.

Malacañang on Thursday said President Rodrigo R. Duterte and Chinese President Xi Jinping agreed that the issue on the West Philippine Sea can be managed through bilateral negotiations.

Known as a leader with a deep affinity for the latest technology, the Prime Minister will also spend some time visiting China's leading telecommunications company, Huawei Technologies and take a closer look at their cutting-edge technologies. He will speak in the first session of the leaders' meeting.

In his speech, Duterte also asked the businessmen to report to him if they encounter delays in transacting with the government - as he usually does in meetings with local and foreign businessmen.

Following the forum, PM Imran will attend Beijing International Horticulture Exhibition-2019 and address Pakistan Trade and Investment Conference in Beijing.

Dr Mahathir and Keqiang will also witness the signing of several Memoranda of Understanding (MoUs) on enhancing palm oil trade between the two countries and on the RM44 billion East Coast Rail Link (ECRL) project in Peninsular Malaysia. Prominent Pakistani and Chinese businessmen will attend the event. Leaders from 40 countries and delegations from over 100 countries, worldwide organisations and corporate sector would participate in the event.

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