China to assist Pak launch its first satellite

      Taking their bilateral relations to a next level, China has said that it would provide financial assistance to Pakistan for launching its first satellite. Addressing a press conference here, Chinese Ambassador to Pakistan Lou Zhaohui said China is ready to extend all help to Pakistan regarding its space mission, and a Memorandum of Understanding (MoU) in this regard would be signed next week. Zhaohui also informed that Chinese President Hu Jintao would meet his Pakistani counterpart in New York later this month on the margins of the United Nations General Assembly. He said the meeting will focus on strengthening bilateral ties of the two nations. "The focus would be on a wide range of regional and international issues, but of course the emphasis would be on bilateral relations. The interaction will further deepen friendship with China," The Dawn quoted Zhaohui, as saying. "It is important for the leaderships to establish personal friendship," he added.

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