Author Adnan Aamir

1 Items, Page 1 of 1

President Xi Jinping shakes hands with Prime Minister Imran Khan. China refused to offer Pakistan a bailout.

Why Did China Refuse To Bail Out Pakistan?

Pakistan faces a financial crisis and has secured a bailout package from Saudi Arabia, but surprisingly, it has yet to secure a similar package from China. Pakistan expected a decent bailout package from China, which is often called Pakistan’s all-weather friend, but China likely wants more detailed negotiations. Five reasons help explain China’s surprising response.