It will be easy for Pakistan to take trade loans from them. For which the PM is very active.
While Pakistan can also get help in buying discounted Russian oil
The central bank of China said in a statement that the central banks of Pakistan and China have signed a memorandum of cooperation regarding transactions in the Chinese currency yuan in Pakistan.
According to a Dawn newspaper report, this development could pave the way for an alternative payment option for Pakistan that would increase the use of yuan for cross-border transactions between Chinese and Pakistani businesses and financial institutions.
