Pakistan taps Chinese credit for railway upgrade despite debt crisis

In this file photo taken on September 24, 2018, laborers work on a railway track as a passenger train moves past them at City Station in Karachi, Pakistan. (Photo courtesy: REUTERS/File)

January 4: Financial Times reports Islamabad says $10bn revamp of colonial-era line is essential even as it faces risk of default and forex reserves plunge. Read More I