Chinese companies have raised the issue at all forums through Pakistan's embassy in Beijing and its own embassy in Islamabad. Chinese insurance company M/s Sinosure is also unwilling to insure new financing for power sector projects due to failure to meet the contractual obligations of compa
Islamabad [Pakistan], May 16 (ANI): China Export and Credit Insurance company, also called Sinosure, one of the many Chinese companies that have invested in the China-Pakistan Economic Corridor (CPEC), has shown reluctance in funding a hydropower project citing due arrears from the Pakistani
Beijing [China], November 10 (ANI): Chinese insurance company 'Sinosure' has held back insurance cover to six major energy power projects worth USD 5 billion, these projects are a part of the China-Pakistan Economic Corridor (CPEC).
Islamabad [Pakistan], November 10 (ANI): Pakistan has sought the Chinese government's intervention to persuade China Export and Credit Insurance Corporation, Sinosure, to clear about USD 13 billion insurance cover of energy and infrastructure projects on a priority basis, a media report said