China promises to help ailing Pakistan

T TV Sunday 04/November/2018 00:03 AM
By: Times News Service

Pakistan's leader Imran Khan is in China to get cash for his country's ailing economy.

China's pledge of support comes hot on the heels of a six billion dollar bailout from another traditional friend – Saudi Arabia.

Moreover, Islamabad is also seeking its thirteenth bailout from the International Monetary Fund.

Pakistan's foreign reserves have plunged 42 percent since the start of the year.