Pakistan has asked China to keep lending it money to avert a foreign currency crisis, warning that Beijing’s planned $60bn investment in the south Asian country was at risk if it failed to do so.
Pakistan borrowed $4bn from China in the year ending June 2018, according to government officials, and wants to keep the money flowing to avoid having to ask the International Monetary Fund for a bailout.
Officials in Islamabad have warned their Chinese counterparts that, if the lending dries up, it could threaten the future of the China-Pakistan Economic Corridor (CPEC), the cornerstone of President Xi Jinping’s “Belt and Road” initiative.
您已閱讀22%（638字），剩余78%（2328字）包含更多重要信息，訂閱以繼續(xù)探索完整內(nèi)容，并享受更多專屬服務(wù)。