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International relations

Pakistan economic crisis puts Chinese investments under spotlight

Loans from Beijing tied to secrecy but IMF would likely demand transparency

Pakistan barely has enough foreign reserves to finance imports for two months. This container is being loaded on to the first Chinese container ship at the port of Gwadar.   © Reuters

ISLAMABAD -- Chinese investments in Pakistan are coming under scrutiny before incoming Prime Minister Imran Khan decides how to save the nation from a balance of payments crisis.

With its foreign currency reserves running dry, Pakistan needs urgent financial help. Khan has to choose between assistance from China and a bailout from the International Monetary Fund.

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