Chinese Firm Hangeng Exits Pakistan, Flags Investment Risks Amid Policy Concerns

Brief By News18 / 7:17 PM on 02 May 2026

Chinese company Hangeng Trading Company has abruptly withdrawn from operations at Gwadar Port, citing policy implementation gaps and institutional uncertainties. The firm urged Prime Minister Shehbaz Sharif to ensure clarity, warning global investors to carefully reassess risks before entering Pakistan’s business environment amid persistent systemic barriers and governance challenges.