Lahore:
President Trump raised the tax (tariff) rate on Chinese exports by 10 % to put local and foreign industrialists and businessmen in serious concern as their profits would now decrease significantly.
Therefore, they are transferring their factory to Vietnam, Cambodia, Thailand, etc., where Chinese products are less taxed on sending the US Worp.
Remember that China is the largest exporter, last year it exports $ 3.58 trillion (3580 billion) goods. $ 460 billion worth of goods went to the United States and $ 762 billion in Europe.
If the Government of Pakistan gives incentives and incentives to Chinese and non -Chinese industrialists and businessmen, they can come to Pakistan and start factories and businesses, there is a lot of and cheap manpower in the country.
This process will accelerate industrial and business development in Pakistan and eliminate unemployment and poverty. The two countries have long -standing relations and in addition to the Chinese, non -Chinese in China, in addition to the Chinese, will also be able to send their products from Karachi and Gwadar worldwide.
