China touts Afghan trade and investment plans after quake

KABUL: China's ambassador touted trade and investment plans for Afghanistan on Tuesday , a public endorsement for doing business in the Taliban-controlled country after an earthquake drew attention to the humanitarian consequences of Western sanctions.

No country has formally recognised the Taliban, who seized power last year after the United States and its allies abruptly withdrew troops following 20 years of war. China, which shares a remote border with Afghanistan and derives influence among its neighbours from its huge Belt and Road investment initiative, has consistently called for sanctions to be lifted.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Exclusive: China plans $75 billion infrastructure fund to revive economy - sourcesBEIJING : China will set up a state infrastructure investment fund worth 500 billion yuan ($74.69 billion) to spur infrastructure spending and revive a flagging economy, two people with knowledge of the matter told Reuters on Tuesday.China's economy has started a slow recovery from the supply shocks cause
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »