China has reportedly rejected a Pakistani request to restructure its $3 billion debt. The money was loaned by China for energy projects under CPEC, but Beijing says any restructuring would require Chinese banks to amend the terms and conditions of the loan. The banks in question are the Export-Import Bank of China and the China Development Bank. Local media also quoted government ministers as complaining about the high tariffs charged by power producers of CPEC projects.
- “Xi’s Saudi Summits Are Projection Of MbS’ Confidence; India Should Be A Shaper Of New World Order”
- Huawei’s Expansion In Saudi Arabia Underscores US Insecurities And Dilemmas
- A Home Grown Tech Stack Together With A Geopolitical Reset Is Favouring An Indian Decade
- ‘The Ukraine War Could Grind On, It’s Hard To Predict A Result’
- Security Czars Of India, Central Asian Countries Talk Terrorism, Connectivity
- ‘Pakistan’s Manipulation Of The Pashtuns Maybe Coming To An End’
- Identity, Islam, Imran & India: Pakistan’s Long March To…?
- Pak’s Next Army Chief Could Be ‘Straight Arrow’ Asim Munir To Tame Imran
- ‘We Are Getting Hammered For Hambantota, Directly Or Indirectly’
- “Those Trying To Sabotage Afghan-India Ties Won’t Achieve Goal, Taliban Not Controlled By Anyone”