{"id":52869,"date":"2023-02-23T19:33:01","date_gmt":"2023-02-23T10:33:01","guid":{"rendered":"https:\/\/www.theguardian.com\/world\/2023\/feb\/23\/pakistan-loan-china-intensifies-debt-burden-fears"},"modified":"2023-02-23T19:33:01","modified_gmt":"2023-02-23T10:33:01","slug":"pakistans-fresh-580m-loan-from-china-intensifies-debt-burden-fears","status":"publish","type":"post","link":"https:\/\/eastasianews.net\/wp\/?p=52869","title":{"rendered":"Pakistan\u2019s fresh \u00a3580m loan from China intensifies debt burden fears"},"content":{"rendered":"<p>Loan is on top of \u00a325bn that cash-strapped Islamabad already owes Beijing and Chinese commercial banks<\/p>\n<p>China has agreed to loan Pakistan $700m (\u00a3580m) to help it weather its worst economic crisis in a generation, in a development that will intensify concern among western countries about cash-strapped Islamabad\u2019s debt burden to Beijing.<\/p>\n<p>The loan comes on top of $30bn (\u00a325bn) that <a href=\"https:\/\/www.theguardian.com\/world\/2021\/sep\/30\/42-nations-owe-china-hidden-debts-exceeding-10-of-gdp-says-report\">Pakistan already owes China<\/a> and Chinese commercial banks. Securing the financing will help to unlock bailout cash from the International Monetary Fund (IMF).<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/world\/2023\/feb\/23\/pakistan-loan-china-intensifies-debt-burden-fears\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Loan is on top of \u00a325bn that cash-strapped Islamabad already owes Beijing and Chinese commercial banksChina has agreed to loan Pakistan $700m (\u00a3580m) to help it weather its worst economic crisis in a generation, in a development that will intensify con&#8230;<\/p>\n","protected":false},"author":3580,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"sns_share_botton_hide":"","vkExUnit_sns_title":"","_vk_print_noindex":"","sitemap_hide":"","_veu_custom_css":"","veu_display_promotion_alert":"","vkexunit_cta_each_option":"","footnotes":""},"categories":[41,6,50,437,558,1333,60,61,42],"tags":[],"class_list":["post-52869","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-business","category-china","category-economics","category-global-economy","category-international-monetary-fund-imf","category-pakistan","category-south-and-central-asia","category-world-news"],"aioseo_notices":[],"veu_head_title_object":{"title":"","add_site_title":""},"_links":{"self":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/52869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/users\/3580"}],"replies":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=52869"}],"version-history":[{"count":1,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/52869\/revisions"}],"predecessor-version":[{"id":52870,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/52869\/revisions\/52870"}],"wp:attachment":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}