<h1>Pakistan to Issue Panda Bonds in Yuan, Aiming to Diversify Funding Sources and Strengthen Financial Ties with China.</h1> Pakistan's Finance Minister indicated plans to issue Panda bonds in yuan to access China's capital market, aiming to diversify funding sources and lessen dependency on Western markets. This marks Pakistan's first venture into the Chinese debt market, following past issuances in dollars and euros. The initiative seeks to boost foreign exchange reserves and stabilize the economy post-crisis. The government targets raising around USD 200 million, leveraging improved macroeconomic indicators and enhanced sovereign ratings. This move also aims to strengthen financial ties with China, reflecting a strategic shift in Pakistan's economic engagement.