Pakistan is battling a severe economic crisis, having narrowly avoided a debt default by securing an IMF bailout package, and has promoted several austerity measures. The cash-strapped country is in dire need of financial support from the global moneylender and allied nations.
Pakistan has sought the $6 billion loan help from China for Main Line (ML-1) project against which, Beijing has sought guarantees due to the Islamabad's weakening position.
While the political leaders in Pakistan are claiming that the country is at par with India to woo voters in the ongoing general elections, the actual condition is bad that American company Apple can buy three Pakistans.
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