PTV’s Gaffe: Imran Khan Shown Speaking from ‘Begging’, Not Beijing

China Says More Talks Needed For Pakistan's Economic Bailout

China has agreed to carry out bilateral trade with Pakistan in the Chinese yuan instead of the USA dollar to help ease the South Asian ally's financial and economic woes.

During his visit, Prime Minister Khan held talks with President Xi Jinping and Premier Li Keqiang mainly focussing on seeking China's loans to tide over serious financial crisis faced by Pakistan.

Information and Broadcasting Minister Fawad Chaudhry has ordered an inquiry into the widely criticised dateline slug displayed by the PTV, The News reported.

In an ironic gaffe spreading on social media, PTV broadcasted a speech by Prime Minister Imran Khan which he was giving in Beijing with the dateline "Begging".

The annual trade volume between the two countries is about $15 billion, of which Chinese exports to Pakistan are estimated at around $13 billion.

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Pakistan's foreign reserves have plunged 42 percent since the start of the year and now stand at about $8 billion. China while stating that it would extend necessary support to Pakistan reportedly committed Dollars six billion funding but did not so far officially confirmed it.

FILE - A Pakistani motorcyclist drives on a newly built Pakistan China Silk Road in Haripur, Pakistan, Dec. 22, 2017.

China and Pakistan reject the criticism as baseless and part of propaganda against both CPEC andBRI.

Pakistan at present is extremely dependent on China and Pakistan-China economic corridor which the country believes that it will serve as an economic booster. He said Pakistan will follow the model to alleviate poverty from the society by taking similar steps.

Pakistan Tehreek-e-Insaf central leader Jahangir Khan Tareen Monday said that the country's economy would improve soon due to huge investments in different sectors.

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