In a desperate bid to fix the massive foreign exchange crisis, Pakistan has set its sight on a $3bn from China. As per Pak media report, the Imran Khan govt is considering requesting China for yet another loan. Imran khan will be visiting Beijing to attend the inaugural session of the Winter Olympics. Over the years, Xi Jinping's China has assisted cash-strapped Pak with loans worth billions of dollars. Apart from a new mega loan, Pak media report suggests that Imran Khan would also seek Chinese investments. Recently, Pakistan raised a staggering $1bn loan with a 7-year sukuk (islamic bond) at a record interest rate. In return for the loan raised a few days back, Pakistan agreed to pledge a portion of the Lahore-Islamabad motorway. Watch the full video for more.
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