The limits of Chinese cash

For India, what are the implications of Pakistan having to turn to the IMF again?

Over the past quarter of a century, Pakistan has been forced to go to the International Monetary Fund at least half a dozen times. Ahead of the ongoing annual meetings of the Fund and the World Bank in Indonesia, the finance minister in Imran Khan’s new Pakistan Tehreek-e-Insaf (PTI) government has accepted that, once again, the country needs a bailout from the IMF. This is in spite of the fact that the Pakistan government still has billions outstanding from an IMF programme earlier this decade.

Mr Khan made a well-publicised trip to Saudi Arabia shortly after his swearing in. It was