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Chinese firm shuts Gwadar plant and lays off workers citing losses ahead of Sharif China visit
International
Published on 3 May 2026
Shutdown comes just before Sharif heads to China
A Chinese company has shut down its Gwadar operations, saying business difficulties forced it to stop and lay off workers. The abrupt closure is raising fresh concerns for Pakistan as Prime Minister Shehbaz Sharif is set to visit China, highlighting the fragility of overseas projects tied to investment and economic momentum.
- Chinese firm has ceased operations at its Gwadar plant
- The company cited business difficulties and ongoing losses
- Workers have reportedly been laid off amid the shutdown
- The timing adds pressure ahead of PM Shehbaz Sharif’s China visit
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times