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Pakistan asks China to help set up semiconductor zone

News Snapshot:

Pakistan is finding out ways to overcome financial challenges and has sought China’s help to build a semiconductor zone in the country to boost its self-sufficiency in modern gadgets. This is a key announcement made by Pakistan’s Information and Broadcasting Minister Fawad Chaudhry as Pakistan’s economy is stagnant and the Imran Khan government is eyeing to increase the Foreign Direct Investment (FDI) in every way possible. Imran Khan’s China visit — first in the last two years — points to Islamabad’s financial dependence on Beijing, especially as the West continues to ignore Pakistan. “We want Chinese tech companies to come…

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