China tells more talks needed on economic aid for Pakistan

Pakistani Prime Minister Imran Khan (Centre L) and China's Premier Li Keqiang attend a signing ceremony at the Great Hall of the People in Beijing, China, November 3, 2018. [Photo: Reuters]

BEIJING - China will provide Pakistan with economic aid but more talks will take place to fix the details, a senior Chinese diplomat said, after new Pakistani Prime Minister Imran Khan met Chinese Premier Li Keqiang on Saturday.

Pakistan’s foreign reserves have plunged 42 percent since the start of the year and now stand at about $8 billion, or less than two months of import cover.