A recent report reveals that 98% of China's funding to Pakistan consists of loans, not grants.
The outstanding debt amounts to $67.22 billion, 19.6% of Pakistan's GDP, higher than reported.
China has invested in energy, budget support, and transportation sectors.
This situation poses a dilemma for Pakistan: either repay the substantial debt or risk falling into a debt trap, similar to Sri Lanka's experience with vital infrastructure forfeiture.
The choice ahead is crucial for Pakistan's economic future..
#India #Pakistan #China #Pakistannews #Pakistanupdates #Pakistaneconomy #China #Chinanews #Chinapakistan #debttrap #Lahore #Karachi #OneIndia #OneIndianews ~HT.178~ED.155~GR.124~
