Pakistan seeks US funding in shift from China

Pakistan's finance minister has signaled a strategic shift by seeking funding from the US to reduce its dependence on Chinese bilateral debt. This move involves a return to capital markets borrowing, which is seen as a more sustainable financial strategy. The change underscores Pakistan's efforts to diversify its economic support base and stabilize its financial sector amidst rising global scrutiny on debt sustainability. This shift could have significant implications for regional geopolitics and international financial relations.