China welcomes Saudi Arabia’s multibillion-dollar investment in Pakistan

ISLAMABAD, (DNA) – China on Wednesday welcomed the Saudi Arabia’s $21 billion investment in Pakistan.
When asked what’s China comment on the Saudi investment in Gwadar where the former is already undertaking a lot of mega projects, the spokesperson maintained that China and Pakistan have a consensus to welcome third parties to join the CPEC to help the region to enhance economic cooperation and connectivity.
Speaking on the issue of listing of Jaish-e-Muhammed (JeM) Chief Azhar Masood on global terrorist list, who reportedly claimed responsibility of suicide attack in occupied Kashmir’s Pulwama district, he said UN Security Council has a detailed criteria for listing of terror outfits and China will follow relevant procedures in a constructive and responsible manner.
Earlier in 2017, China blocked Indian attempt to place the JeM chief on the global terrorist list on grounds that New Delhi had failed to provide any substantial evidence.
He noted that Pakistan and India are both important countries in South Asia and a stable relationship between the two countries is crucial to regional peace, stability and development.
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