China Happy With Pakistan’s Economy

China has welcomed Pakistan's improving economic position and renewed access to international financial markets as both countries discussed expanding financial cooperation, new Panda Bond issuances, and regional development initiatives.

Key points

• Chinese Finance Minister Lan Fo'an met Pakistan's Finance Minister Muhammad Aurangzeb on the sidelines of the World Bank Group and IMF Annual Meetings 2026 in Bangkok, Thailand.
• The Asian Infrastructure Investment Bank (AIIB) additionally provided credit enhancement for the issuance.
• During the session, Aurangzeb highlighted Pakistan's progress towards macroeconomic stability and thanked China for its continued backing during tough economic conditions.
• Both sides additionally discussed regional financial cooperation under the Shanghai Cooperation Organisation (SCO).
• Infrastructure cooperation was another topic, with Lan referring to progress towards an agreement on proposed changes to the route of a China-Pakistan highway project.

Chinese Finance Minister Lan Fo'an met Pakistan's Finance Minister Muhammad Aurangzeb on the sidelines of the World Bank Group and IMF Annual Meetings 2026 in Bangkok, Thailand. Pakistan Changes Economic Plan.

In practice, the two ministers reviewed Pakistan's first Panda Bond issuance. It attracted solid investor demand and carried a competitive coupon rate of 2.5 percent.

For context, the Asian Infrastructure Investment Bank (AIIB) additionally provided credit enhancement for the issuance.

Aurangzeb remarked Pakistan intends to remain an active issuer in China's capital market. As well as Pakistan's return to the Eurobond market after four years, the discussions covered intends for further Panda Bond issuances under the approved RMB 7.2 billion program, with continued AIIB backing.

Both sides additionally discussed regional financial cooperation under the Shanghai Cooperation Organisation (SCO). Pakistan is preparing to host the upcoming SCO summit and the preceding session of SCO finance ministers in Islamabad. Lan Fo'an expressed his intention to attend the ministerial session.

Notably, the ministers exchanged views on establishing an SCO Development Bank to backing regional financial cooperation.

China sought Pakistan's active participation in consultations and efforts to build consensus on the proposed institution. Aurangzeb reaffirmed Pakistan's backing for advancing the initiative.

Infrastructure cooperation was another topic, with Lan referring to progress towards an agreement on proposed changes to the route of a China-Pakistan highway project. Finance Minister Gives Evidence for Pakistan's Economic Recovery.

Aurangzeb additionally briefed his Chinese counterpart on Pakistan's engagement with Alibaba to promote digital transformation and artificial intelligence skills training. He reaffirmed the government's commitment to implementing the cooperation framework. Stay Connected with ProPakistani.

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In short, china Happy With Pakistan's Economy is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.