China said, run our currency, Pakistan's response - it is dangerous!

There has been controversy over the Chinese currency in the China-Pakistan Economic Corridor (CPEC). On the one hand, China, which has hundreds of millions of excuses in this project, wants China's currency yuan to be used in Gwadar Free Zone, which falls under the Sepec project. But Pakistan, who had been vying for friendship with him, turned down this demand in one stroke. Pakistan says it is a threat to its economic sovereignty, so I can not approve this demand. Just a day before, China had shocked Pakistan, saying that Indian intelligence agencies are not plotting in Siacqua. Pakistan had charged India that RAW was plotting to ruin Seppak by spending $ 500 million.

According to information, China wants to start its currency in Pakistan, according to its new move, under its policy of internationalizing the official name of the currency, Renminbi (RMB). But Pakistan was not ready to take the risk of Chinese currency exchange. Pakistan had told him that he should keep this dam project out of the $ 60 billion CPEC project and let it be fully Pakistan. Pakistan is ready to use US Dollar and impose Pakistani rupees.

In the meeting of senior officials, the report said that Pakistan's opposition to the use of Rainminbi came from its Ministry of Finance and State Bank of Pakistan. After that, Pakistan said that he does not want to use Renminbi in his country through the CPC Project. Pakistan has informed the Chinese authorities about their decision. Pak officials have said that our country will not be allowed to use foreign currency. China was pressurizing Pakistan to accept its currency demand and make it a part of the final draft of the long-term plan (2014-2030).