China pledges financial aid to curb external debt, US Journal
According to the report of the prestigious American economic journal Bloomberg, China has assured Pakistan that it will continue financial cooperation as a close friend to overcome the problem of external debt.
The Bloomberg report quoted the Chinese Consul General in Pakistan as saying that Beijing has never pressured Pakistan to repay its debts.
The Bloomberg report quoted the Chinese Consul General in Pakistan as saying that Beijing has never pressured Pakistan to repay its debts.
Rather, the debt of 2 billion dollars has also been rolled over in recent days.
The report further states that China has assured Pakistan of its assistance and support in the future to deal with the financial crisis and reduce the external debt burden.
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