China's loan to Pak a ploy against India? 'Credit for coercive leverage' fears Biden govt

The United States has expressed deep concerns over the new loan given by China to Pakistan, which is facing an unprecedented economic crisis. Donald Lu, a senior State Department official, said that Chinese loans may be used for "coercive leverage." The U.S. official's reaction came after China provided an additional $700 million in credit facility to Pakistan to save its crippling economy. Watch this video to know more. #us #china #pakistan #chinaloan #creditfacility #bankruptcy #economicrisis #allweatherally #donaldlu #india #srilanka #antonyblinken #newdelhi #imf #imfloan #shehbazsharif Hindustan Times Videos bring you news, views and explainers about current issues in India and across the globe. We’re always excited to report the news as quickly as possible, use new technological tools to reach you better and tell stories with a 360 degree view to give you a better understanding of the world around you.