China blames ‘certain developed country’ for Pakistan’s financial crisis

 BEIJING: In an apparent reference to the US, a Chinese Foreign Ministry spokesperson said that the financial policies of a “certain developed country” were the main reason behind the financial difficulties of a large number of developing nations, including Pakistan.

The spokesperson called on concerted efforts of all parties to play a constructive role in the economic and social development of the country, The Express Tribune reported.

“It must be pointed out that the financial policy of a certain developed country is the main reason behind the financial difficulties of a large number of developing countries including Pakistan,” Mao Ning said while responding to a question during her regular briefing.

She said that the West-led commercial creditors and the multilateral financial institutions were the basic creditors for developing countries and called on concerted efforts of all parties to play a constructive role in the economic and social development of Pakistan, The Express Tribune reported.

“China and Pakistan are all-weather strategic cooperation partners and iron-clad friends. The two sides have supported each other,” Mao highlighted. (IANS)

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