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China vows to help cash-strapped Pakistan

China vowed Thursday to do what it could to help cash-strapped Pakistan avert financial disaster as Islamabad’s leader continued an official visit aimed at rustling up crucial Chinese investments. The promise came ahead of a meeting in Beijing between Chinese Premier Wen Jiabao and Pakistani president Asif Ali Zardari, who is on his first official visit abroad after being elected in September. “As a long friend of Pakistan, China understands it is facing some financial difficulties,” foreign ministry spokesman Qin Gang told reporters. Full Story

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