ISLAMABAD -- Beijing and Islamabad are close to a deal on setting up joint security companies to protect Chinese nationals working in Pakistan, after a string of deadly militant attacks threatened their multibillion-dollar investment ties.
Multiple sources have told Nikkei Asia that the mooted deal would see Chinese security personnel working inside Pakistan, which Islamabad has previously resisted despite mounting pressure from Beijing. The agreement could also lead to Chinese nationals being ferried around in armored vehicles.
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