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This WSJ article (no paywall) explains the current developments there. I had no idea things are so bad. The inflation is at 42%! https://www.wsj.com/articles/ou
by malshe 4y ago
This WSJ article (no paywall) explains the current developments there. I had no idea things are so bad. The inflation is at 42%! https://www.wsj.com/articles/ousted-pakistan-prime-minister-imran-khan-faces-arrest-on-terror-charge-11661190203?st=5p4hyt8u1tqmzqn&reflink=desktopwebshare_permalink https://www.wsj.com/articles/ousted-pakistan-prime-minister-...
- throwaways85989 4y agoThey are also out of foreign currency like Sri Lanka. Which accelerates chinas problems, as pakistan is one of its debtors and will likely default on those credits.
- somedude895 4y agoI'm sure China will see this as an opportunity as Pakistan hands over some of its BRI infrastructure: https://en.m.wikipedia.org/wiki/Hambantota_International_Port https://en.m.wikipedia.org/wiki/Hambantota_International_Por...