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CHINESE LOANS TO PAKISTAN
With Chabahar Port in limbo, can India still reach Central Asia and Russia?India's crucial trade route to Russia and Central Asia is at a critical juncture. US sanctions on Iran's Chabahar port create uncertainty f...- Can China's Xi rescue Trump from a bruising West Asia war?Donald Trump seeks a significant win from his upcoming China trip to bolster his reputation and aid midterm election prospects. The meeting...
- Bangladesh turns to China on Teesta project, casting shadow on India tiesBangladesh's new government is seeking Chinese involvement in the Teesta River restoration project. This move follows discussions between B...
- How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
- Pakistan says all options on table for funding, weighs strategic fuel reservePakistan is exploring various financing options, including Eurobonds and commercial debt, to replace a $3.5 billion UAE facility and bolste...
- Saudi Arabia major source of cheap foreign loans for Pakistan: reportSaudi Arabia remains a key lender for Pakistan, offering loans at a 4% interest rate, significantly lower than other sources. Pakistan reli...
- China assures Pak USD 3.7 billion loan to keep foreign exchange reserves in double digitsChina has assured Pakistan it will re-lend USD 3.7 billion in Chinese currency before the end of June, bolstering Pakistan's foreign exchan...
- Pakistan jittery as suspense continues on energy sector loan from ChinaTwo Pakistani ministers, Muhammad Aurangzeb (Finance) and Sardar Awais Ahmad Khan Laghari (Energy), are in Beijing to discuss rescheduling ...
- China falls into its own debt trap as loans under Belt and Road Initiative pile upUnder the BRI, China dumped over USD 1 trillion as loans to nearly 150 developing and least developed countries at high rates of interest, ...
- Pakistan: Main Line Railways project under CPEC may be shelved due to China's disagreements over feasibility costs"Ministry of Railways stated that PC-1 of ML-1 project was not feasible as costs were not agreeable to the Chinese side," the sources said ...
- China agrees to rollover USD 4.2 billion Pakistan debt: Shah Mehmood QureshiChinese Foreign Minister Wang Yi in his meeting with Pakistan counterpart Shah Mehmood Qureshi on the sidelines of the 3rd meeting of the '...
- Cash-strapped Pakistan says China agreed to rollover $4.2 billion debtPakistan had made repeated requests to Beijing to rollover the debt and the latest request was made last week to the top Chinese leadership...
- Mission China: Pakistan PM seeks additional loans and investmentsPakistan English daily Express Tribune recently reported that the government was considering requesting that China approve another $3 billi...
- Imran Khan attacks political opponents on economic crisis; mum on Chinese loansKhan targeted the country’s two main opposition parties and vowed to "go after thieves who left the country badly in debt" over the last 10...
- Pakistan's China debt at $6.6 billion in past 10 months; funds mostly used on two nuclear plantsChina gave $628.4 million for the construction of two ongoing nuclear power plants in the past 10 months, Pakistan finance ministry statist...
- China denies CPEC intensified Pakistan's economic risksThe China-Pakistan Economic Corridor is the flagship project of Chinese President Xi Jinping's ambitious Belt and Road Initiative (BRI).
- No IMF money to Pakistan to repay Chinese debt: US"We are working and making clear within the IMF that if it were going to supply any funding to Pakistan it would not be used to repay Chine...
- IMF should evaluate CPEC projects objectively while granting bailout package to Pakistan: ChinaHe said an IMF team is scheduled to arrive in Pakistan on November 7 to negotiate the programme, likely to span over a three-year period.
- Pak borrows USD 1 billion from Chinese banks to avoid crisis: ReportPak's heavy borrowing from Chinese banks in April has helped the country avert a foreign exchange crisis, but there may also be a CPEC angl...
- A grim reminder for Pakistan how it is sliding into the Chinese debt trapChina’s grab of Sri Lankan Hambantota port after Sri Lanka found itself unable to repay expensive Chinese loans is a lesson for Pakistan.
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