China is not IMF. Also Pakistan owes billions of dollars to China in CPEC projectsI don't get one thing. We are offering bonds with interest rate of 6-8% by-annual. Similarly we are taking loans on an interest rate of 4-5% . Instead why not take $100 billion loan from China for 20 years and 5 years grace period ? I am sure they will offer 3% interest rate as I think that is what they keep charging from us for different loans. Correct me if I am wrong. So why not pay everyone else and instead you pay to one country each year after that ? Like $5-7 billion ? I am sure it's way less then the current 15-20 billion $ we keep paying each year out of which majority goes to debt servicing and only $2-3 billion in principle. But for that we have already taken $20 billion more loans so our loans never decrease and keep increasing at a rate of $10 billion each year. We need to sign this strategic deal with China ASAP otherwise we will keep our country at its toes and won't be able to succeed.