China, Pakistan aim to revamp economic corridor, Gwadar port

China and Pakistan have reached a "new broad consensus" on ​deepening strategic ties to beef up development of a joint economic ‌corridor and establish the port of Gwadar as ​a regional connectivity hub, the neighbours said on ⁠Tuesday (May 26, 2026).

The remarks came in a joint statement as Pakistan's Prime Minister Shehbaz Sharif wrapped up a visit to Beijing at ‌a time when Islamabad is seeking investment while navigating tension with Afghanistan and mediating in the ‌Iran war.