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Chinese embassy rebuts WSJ report, says it deviates from factsEconomy

Chinese embassy rebuts WSJ report, says it deviates from facts

According to data released by the Pakistani government, 42% of foreign debt of Pakistan is from multilateral financial institutions, 18% of the debt is from Paris Club. Chinese preferential loans only account for only 10% of whole foreign debt and offer a much lower rate than commercial bank loans, said a statement by the Chinese embassy

Jul 24, 2018