KARACHI: Pakistan is the third biggest recipient of China’s development financing in the world, which has helped the country develop much-needed infrastructure, but the majority of these.
International Business News: As much as 98 per cent of China's development funding for its all-weather ally Pakistan came in the form of "less-than-generous loans," with only two
98% of China's aid to Pak is in form of less-than-generous loans: Report business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
As much as 98 per cent of China's development funding for its all-weather ally Pakistan came in the form of "less-than-generous loans", with only two per cent coming in the form of grants between 2000 and 2021, according to a research report.