August 8: The Washington Times report by Natalie Malek and David R. Sands states that the International Monetary Fund may soon be caught in the crossfire of a fight between two of its biggest contributors, a clash that has only intensified in recent days. The Trump administration is balking at the prospect of a major bailout loan for Pakistan, saying that much of the debt was run up by accepting billions of dollars in Chinese infrastructure investment as part of President Xi Jinping’s ambitious Belt and Road Initiative.
The Washington Times: U.S. balks at IMF bailout loan, fears Chinese debt trap for Pakistan
