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China offers bailout package to Pakistan, refuses to defer loan repayments of Sri Lanka

Beijing [China], December 22 (ANI): Both Sri Lanka and Pakistan are caught in China’s debt track but while China has offered a bailout package to Pakistan, it has refused to defer loan repayments of Sri Lanka, True Ceylon News reported.
China offered the bailout to Pakistan after Islamabad’s Prime minister Shehbaz Sharif visited China and bent over backwards to please President Xi Jinping but Sri Lanka hasn’t made such mo