Pakistan seeks $1.4 billion from China amid rising tensions with India

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1. SS: SUMMARY

   **Pakistan Seeks $1.4 Billion from China Amid Rising India Tensions**

   – Pakistan has asked China to expand its currency swap line by $1.4 billion, aiming to increase it to 40 billion yuan from the current 30 billion.

   – Finance Minister Muhammad Aurangzeb confirmed the request during IMF and World Bank meetings in Washington.

   – Pakistan is also planning to launch its first **Panda bond** (a bond issued in China’s domestic market) by the end of 2025 to diversify its borrowing sources.

   – This financial move comes as India-Pakistan tensions escalate following the **Pahalgam terror attack** that killed 26 people.

   – India responded by suspending the **Indus Water Treaty** and closing the **Attari Integrated Check Post**.

   – Although formal trade between India and Pakistan has dropped to $1.2 billion, indirect trade continues via countries like the UAE, Singapore, and Sri Lanka.

   – Finance Minister Aurangzeb minimized the economic fallout, noting that trade was already at very low levels even before the current spike in tensions.

2. Beggars😂😂. Increasing liquidity is common practice before disputes but outright asking for money😂.

3. I mean maybe if you don’t have the funds in order to start a conflict, and you’re not prepared for the outcomes, then maybe you shouldn’t do it.

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