On Sunday, Nepal signed a deal with a Chinese company to construct a 1,200-megawatt hydroelectric project. Nepal’s Ministry of Energy signed a memorandum of understanding with China Gezhouba Group Corporation for the development of the 1,200-MW Budhigandaki Hydroelectric Project. This agreement was signed in the presence of outgoing Nepal Prime[Read More…]
Tag: Chinese firm
Chinese consortium purchases 40% stake in Pakistan Stock Exchange
A Chinese-led consortium, including the Shanghai Stock Exchange, emerged as the top bidder on Thursday for a 40% stake in the Pakistan Stock Exchange, one of the best-performing markets in Asia this year. The Pakistan Stock Exchange, formerly the Karachi Stock Exchange, said the consortium includes three Chinese exchanges: the[Read More…]