Pakistan’s financial crisis puts Belt and Road on the spot
Credit: Investors Lounge
By James M. Dorsey
Increased Pakistani dependence on China to help it avert resorting to the International Monetary Fund (IMF) to avoid a financial and economic crisis spotlights fears that the terms of Chinese investment in massive Belt and Road-related projects would not pass international muster.
Concerns that China’s US$ 50 bil…
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