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Gopinath's joined last week at a time, when she believes the world is experiencing a retreat from globalisation, posing challenges to multilateral institutions.
Pakistan's all weather ally China has also pledged to provide a generous aid to Islamabad to overcome its financial woes.
According to a top US lawmaker, China has engaged many countries like Sri Lanka and Africa in a debt trap and it is doing the same thing with Pakistan.
Cash-strapped Pakistan is seeking USD 8 billion from the International Monetary Fund (IMF) to bail itself out from a severe balance-of-payments crisis that threatens to cripple the country's economy.
Pakistan is seeking USD 8 billion from the International Monetary Fund (IMF) to bail itself out from a severe balance-of-payments crisis that threatens to cripple the country's economy.
Reportedly, the meeting between the two sides ended in 30 minutes and the Chinese officials' attitude was described as "not friendly", said a Pakistani business daily.
Pakistani Rupee suffered a massive hit on Friday as the dollar rose to all-time high at Rs 144, a day after the government celebrated its 100-day achievements.
The State Bank of Pakistan has indirectly devalued the state-managed unit several times already as it tries to narrow a huge balance of payments deficit.
Responding to a question, Malpass said that in some cases the terms of the Chinese debt are not given to the borrower nor to the international community.
The IMF proposed tough conditions like further increase in energy prices, more taxes and complete disclosure of Chinese financial support for any assistance, Dawn reported.
The IMF mission held "extensive talks" with Pakistani officials during the visit, which began on November 7, the finance ministry said in a statement.
The International Monetary Fund mission is in Pakistan and holding talks with officials over arranging an unspecified amount to help in addressing the balance of payment issue.
This was divulged by the officials of the finance ministry, State Bank and Federal Board of Revenue to an International Monetary Fund (IMF) delegation which is currently on a visit here, Dawn reported
Finance Minister Asad Umar earlier this week confirmed that talks were held with China for a relief package during Khan's visit, and that the two sides agreed on continuing discussions.
Pakistan sees China as a great opportunity to progress, attract investment.