Finance Minister Muhammad Aurangzeb announced that Pakistan will issue Yuan-denominated Panda Bonds by June to further align its capital markets with those of China. In an interview, he stated that Pakistan aims to raise $200-250 million from Chinese investors, which is crucial for diversifying the funding base for the country. Aurangzeb also expressed Pakistan’s commitment to enhancing cooperation with China in the next phase of the China-Pakistan Economic Corridor (CPEC).