12 Jul '18, 4pm

China believes Pakistan can overcome temporary financial difficulties: FM spokesperson - Xinhua

China believes Pakistan can overcome temporary financial difficulties: FM spokesperson Source: Xinhua | 2018-07-11 23:32:45 |Editor: ZX BEIJING, July 11 (Xinhua) -- A Chinese spokesperson said Wednesday that China believes Pakistan can overcome temporary difficulties in foreign exchange reserves and maintain stable economic development. Foreign Ministry spokesperson Hua Chunying made the remarks at a press briefing in response to some Western media reports, which said Pakistan, facing a surging debt risk and a shortage of foreign exchange reserves, hoped China could continue to provide loans, otherwise a number of infrastructure projects of the China-Pakistan Economic Corridor could be affected. Hua refuted the reports as being "seriously inaccurate." "Pakistan's Finance Minister Shamshad Akhtar has made it clear that Pakistan will firmly adhere to pushing forward the cons...

Full article: https://defence.pk/pdf/threads/china-believes-pakistan-ca...

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