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China coal power producers proposes use of Renminbi in Pak Port Qasim

Islamabad [Pakistan], August 1 (ANI): Citing power shortages in Pakistan amid rising coal prices as well as to contain inflation, “all-weather” friend China proposed the use of Renminbi (RMB) in the Port Qasim coal-fired power plant to buy coal to release pressure on the dollar.
China shared their concerns with Prime Minister Shehbaz Sharif as Pakistan is coping with severe power shortages amid extreme weather and high co