China to Sign FTA with Pakistan – People’s Daily

China’s rise is pondered as “China threat” in India according to Reuter’s report. Although India’s neighbor, Pakistan is going to shake China’s hands and sign the FTA. Will this worry India more? Read major Chinese and Western media’s reports:

China will sign agreements with Pakistan and India to push forward economic and trade ties during President Hu Jintao’s official visit to the two countries next week.

China and Pakistan have agreed on market access and “basically wrapped up” negotiations on a free trade agreement (FTA), said Jiang Yu, spokeswoman for the Ministry of Foreign Affairs.[Full Text]

Read article from Gulf Times:”Pakistan and China due to sign free trade pact,” saying”A (Pakistan) senior ministry official said annual trade between the two countries stood at nearly $2bn, which includes about $500mn in exports from Pakistan. China says two-way trade is higher but it includes Pakistan’s trade with Hong Kong and Taiwan, the official said.

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