Pakistan News | Pakistan Seeks Loan From China, Again! Pakistan in China's Debt Trap
This week's Wideangle on India Ascends: In a dramatic turn of events, Pakistan is seeking another significant loan from China, 1.4 billion dollars or 10 billion yuan! With soaring inflation and dwindling foreign reserves, Islamabad's plea underscores its reliance on Beijing for financial support. This potential deal raises questions about Pakistan’s long-term economic stability and Beijing's increasing hold over it. As negotiations unfold, the implications for regional dynamics could be profound.
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