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Friday, November 2, 2018

China expected to give $6 billion in aid to Pakistan as PM Imran Khan meets President Xi Jinping:


China on Friday allegedly consented to give USD 6 billion in help to Pakistan, or, in other words a "low point", to limit the desperate nation's reliance on an IMF bailout bundle as Prime Minister Imran Khan held chats with Chinese President Xi Jinping.

Khan, who is here on his lady visit, met Xi in the Great Hall of People where the two pioneers likewise held one-on-one gathering other than designation level talks, Pakistani media reports said.

Pakistan is relied upon to get USD 6 billion monetary bundle from China amid the visit, Geo TV cited sources as saying.

An advance of USD 1.5 billion is likewise anticipated that would be offered, alongside an extra bundle of USD three billion for the China-Pakistan Economic Corridor (CPEC), the report said.

The advance and the speculations were apparently part of the USD 6 billion bundle. Be that as it may, there was no quick official remark from Beijing on the report.


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