Pakistan on Tuesday warned it would not desist from using its nuclear arsenal in case of war with longtime rival India. Defense Minister Khawaja Asif told local Express TV channel: “Pakistan has not developed these [nuclear] weapons to showcase. They are meant for our defense. “I want to make it clear that Pakistan will go out and spare no option if Indian forces enter our territorial borders.” Source Anadolu Agency
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Singapore stands ready to partner China to jointly build the Belt and Road Initiative, Singapore’s Minister for National Development and Second Minister for Finance Lawrence Wong said on Tuesday. Source: China Daily
Cambodian authorities have signed an $880 million contract with Chinese companies, allowing the latter to build a new international airport in Siem Reap next year. Source: People’s Daily
The International Monetary Fund increased its estimate for China’s average annual growth rate through 2020, while warning that it would come at the cost of rising debt that increases medium-term risks to growth. China’s economy will expand at an average pace of 6.4% annually from 2017 through 2020. Source: China Economic Review