Pakistan sucht 1,4 Milliarden US -Dollar aus China inmitten steigender Spannungen mit Indien

SS: SUMMARY

**Pakistan Seeks $1.4 Billion from China Amid Rising India Tensions**

– Pakistan has asked China to expand its currency swap line by $1.4 billion, aiming to increase it to 40 billion yuan from the current 30 billion.

– Finance Minister Muhammad Aurangzeb confirmed the request during IMF and World Bank meetings in Washington.

– Pakistan is also planning to launch its first **Panda bond** (a bond issued in China’s domestic market) by the end of 2025 to diversify its borrowing sources.

– This financial move comes as India-Pakistan tensions escalate following the **Pahalgam terror attack** that killed 26 people.

– India responded by suspending the **Indus Water Treaty** and closing the **Attari Integrated Check Post**.

– Although formal trade between India and Pakistan has dropped to $1.2 billion, indirect trade continues via countries like the UAE, Singapore, and Sri Lanka.

– Finance Minister Aurangzeb minimized the economic fallout, noting that trade was already at very low levels even before the current spike in tensions.