China gives $1bn to Pak despite name on terror funding list
China has lent $1 billion to Pakistan despite it being placed on the FATF 'grey list' for financing terror on its soil. Inclusion on the list could impact Pakistan's economy as the cost of doing business would get higher. China's aid comes as Pakistan's foreign exchange reserves dropped to $9.66 billion last week from $16.4 billion in May 2017. 