The cash-strapped country, which is struggling to save itself from a balance of payments crisis, thanked China for offering a discount of $100m and for not rescheduling the costs despite the deferment of the project, originally set to begin two years earlier in 2021.

  • jackmarxist [any]
    ·
    edit-2
    1 year ago

    Pakistan is in a fucked up economic position and have pivoted to the west again after Imran Khan was removed from office and arrested.

    I really doubt Pakistans ability to pay for it. China will probably end up giving more discounts to them.

    • CommCat [none/use name]
      ·
      1 year ago

      Pakistan is China's biggest ally in the region, too bad its Elites are so corrupt and most in the pockets of the US. Most of their Generals have been trained in the US. More result of the horrible Sino-Soviet, just imagine no Sino-Soviet Split and USSR-China-India were aligned...