Views: 0 Author: Site Editor Publish Time: 2023-04-03 Origin: Site
China ranks Pakistan as its only "all-weather strategic partner" under the highest level of China's diplomatic relations. The Ministry of Foreign Affairs' reminder clearly mentioned that "Pakistan's security situation is severe and complex", so we can imagine that the current situation in the country is already very serious.
CCTV news client reported on February 3 that Pakistan's foreign exchange reserves have been exhausted to an extremely low level of 3.09 billion US dollars, which can only meet the import demand for 18 days. Before March, Pakistan still needs to repay 6.4 billion US dollars in debt. Since 2021, the Pakistani rupee has depreciated by more than 40% against the US dollar.