While global trade talks have stagnated, China seeks new trade routes and refurbishes old ones, helping developing countries restore physical and human infrastructure. The China-Pakistan Economic Corridor (CPEC) is an unprecedented package of co-operation and development. Industrial transformation in ChinaAfter experiencing rapid economic growth over the last three decades, China has been moving towards a new phase of development. The objectives are multi-fold, with a focus on emerging and existing industries as well as on quality improvement and brand development. e) Finally, the ‘one child’ policy in China has meant that parents have investment significantly in the education of their children.

Source: The Express Tribune February 19, 2018 04:25 UTC