WASHINGTON: China has offered to substantially increase its investments in Pakistan following a period in which it had stopped “spending money left and right” due to reported corruption in both the countries, according to a media report.
The decision was made to boost the morale of Islamabad in view of prevailing international situation, reported the Frontier Post.
Beijing has offered to increase the “size of its carrot” meaning investments and loans to Islamabad, the publication reported citing a source in China.
The offer to increase its financial assistance, however, comes with a caveat that China expects Pakistan to take a bold stand to with regard to its policies with the United States.
The recent statement by Pakistan Foreign Minister, Shah Mahmood Qureshi’s that his country will not give any new bases to the United States was not able to satisfy China, reported The Frontier Post.
Pakistan is weighing its options on how to…

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