Pak boxed in, Xi Jinping's debt-trap behind spiralling crisis; People fight to make ends meet
Debt-laden Pakistan's economy is in dire straits & the country is facing a balance of payment crisis. The situation continues to spiral downward with no fix in sight & the China hand is starkly visible. At the expense of Pak citizens, Chinese firms are cornering big gains from the so-called China-Pak Economic Corridor. Islamabad reportedly owes over 300BN Pakistani rupees to Chinese firms operating in the country. Pending dues, 24+ Chinese firms (independent power producers) have threatened to cease power plant operations. After pinning down Pak in a tough situation, the Chinese are now complaining about taxation & visa issues. A few months back, china said the CPEC project might be halted till Pakistan honours previous agreements.
#Pakistan #China #XiJinping #Islamabad #Beijing #Economy #CPEC #Xi #CCP #ChineseCommunistParty #Trends #Trending #Viral #GlobalAffairs #WorldNews #InternationalAffairs #Sharif #ShehbazSharif #PM #Crisis #Watch #Video #Breaking #BreakingNews
Watch video Pak boxed in, Xi Jinping's debt-trap behind spiralling crisis; People fight to make ends meet online without registration, duration hours minute second in high quality. This video was added by user Hindustan Times 04 June 2022, don't forget to share it with your friends and acquaintances, it has been viewed on our site 100,450 once and liked it 1.5 thousand people.