Cash-strapped Pakistan requests another year to pay back Chinese loans

Jun 14, 2021

Islamabad [Pakistan], June 14 : A debt-ridden Pakistan has requested its all-weather ally China that it needs another year to pay back a billion...

IMF intends to ban Pakistan from seeking more Chinese loans: Reports

Jul 06, 2022

Islamabad [Pakistan], July 6 : The International Monetary Fund (IMF) intends to ban Pakistan from borrowing more from China, according to reports.

China arm-twists Pakistan for endorsing human rights violation of Uyghur Muslims: Report

Mar 12, 2022

Islamabad [Pakistan], March 12 : Badly dependent on Chinese loans and investments to shore up its sagging economy, Pakistan endorsed all the acts of...

Loans given to Pakistan under CPEC at commercial rates: report

Sep 30, 2021

Islamabad [Pakistan], September 30 : A major portion of Chinese financing under the China-Pakistan Economic Corridor (CPEC) consists of loans that are at or...

Pakistan cedes strategic pipeline contract to China to repay mountain of debt

Dec 03, 2021

Islamabad [Pakistan], December 3 : Pakistan has started ceding important projects to Beijing as a way out to repay the mountain of debt arising...

Pakistan trapped in vicious cycle of taking loans to pay back previous loans

Jun 23, 2022

Islamabad [Pakistan], June 23 : A Pakistani columnist has raised questions to the country's "incompetent and failed rulers" asking them how they will solve...