‘Man of integrity’: Asad Umar earns praise from top Chinese official amid social media trial

Web Desk 02:59 PM | 23 Apr, 2019
‘Man of integrity’: Asad Umar earns praise from top Chinese official amid social media trial
ISLAMABAD – A high-ranking Chinese official in Pakistan has come out in support of former finance minister Asad Umar, who quit Prime Minister Imran Khan’s cabinet last week, for showing the mirror to Western democracies over their double standards.

Lijian Zhao, who serves as China’s Deputy Chief of Mission of the Chinese Embassy in Islamabad, praised the Pakistan Tehreek-i-Insaf stalwart as a "man of integrity" who "dares to speak the truth"

In his tweet, Zhao also shared a clip of an interview Asad Umar gave to Stephen Sackur on BBC News' programme ‘Hard Talk’ in December last year, in which the then finance minister had called Western leaders out for criticising Pakistan's relationship with Saudi Arabia and China.

“I have never lectured on what kind of system should a country have, maybe the western leaders should be ashamed of themselves, talking about democracy, talking about freedom and then reaching out to the same Saudi pockets, to talk out billions of dollars of business deals,” Umar had said in the interview.

Also, in the famed BBC show, Asad Umar came hard on US President Donald Trump, saying that “Mr Donald Trump stands up and openly says, 'I am getting so much business from Saudi Arabia for me to worry about what happened to Khashoggi maybe some of the western leader should be ashamed of themselves’.”

The former minister added that "We are just being consistent, in bilateral relationship which remained the same, regardless of who was in power.”

In response to a question regarding the Trump administration's reservations over a bailout package by the International Monetary Fund (IMF) to Pakistan, Umar had suggested that US Secretary of State Mike Pompeo "should worry about his China debt problem". Pompeo had earlier warned that the US will not allow the Fund to lend Pakistan money which may be used to repay debts to China.

Talking about Trump administration's reservations over a bailout package by the International Monetary Fund (IMF) to Pakistan and the Chinese debt problem, Umar had also criticised US Secretary of State Mike Pompeo, saying: “We will worry about our China debt problem. Mr. Pompeo should worry about his China debt problem.”

"USA is the largest debtor in the world to China; they owe $1.3 trillion [to China]," Umar had told Sackur. "What [does] Pakistan owe to China? Less than 10 per cent of Pakistan's foreign debt is owned by the Chinese, 90 per cent is non-Chinese."

He had further questioned the "sudden" interest in Pakistan's lenders, saying that the question had never been raised in the past even though the country had sought IMF's assistance 12 times in the past 30 years.

Talking about IMF programs, Umar had said that Pakistan have been into 12 different IMF programs, in the last thirty years.” He had questioned that “why has this question never been asked about which source or which country has lent how much money to Pakistan, why it is suddenly, all this much interest and how much money has come from China why was the same question not being asked when the lenders, were western banks”.

Asad Umar had further asked that why those (Western lenders) involved in an attempt to destabilise Balochistan through foreign terrorist funding, training aiming to subvert CPEC, were never posed to a question for their activities.

When asked “who is doing that?” Asad Umar had told the interviewer that the external forces led by India are involved in the activities aiming to destabilize Balochistan.

Hours after the Chinese official lauded the ex-minister for his bold remarks, Asad Umar thanked Lijian Zhao and lauded China for proving wrong its critics that had long predicted the failure of its economic model.

"For years we have heard them say that the Chinese model was wrong and bound to fail. We are proud that China has proven them wrong," Umar tweeted.

"About time we all stood up for the truth instead of letting the colonial mindset lecture to us," he added.

Asad Umar had stepped down as foreign minister last week in first major cabinet reshuffle by PM Imran Khan. His abrupt exit came as major setback for the PTI government, which is struggling to put cash-stripped country back on track.

Web Desk
Web Desk

Daily Pakistan Global Web Desk


Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on May 29, 2023

KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on May 29, 2023 (Monday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 307.9 311.15
Euro EUR 330 333
UK Pound Sterling GBP 381 384.5
U.A.E Dirham AED 84.6 85.4
Saudi Riyal SAR 82.6 83.4
Australian Dollar AUD 201 203
Bahrain Dinar BHD 762.21 770.21
Canadian Dollar CAD 225.5 227.5
China Yuan CNY 40.6 41
Danish Krone DKK 41.39 41.78
Hong Kong Dollar HKD 36.6 36.95
Indian Rupee INR 3.47 3.58
Japanese Yen JPY 2.15 2.20
Kuwaiti Dinar KWD 932.2 941.2
Malaysian Ringgit MYR 62.42 63.02
New Zealand Dollar NZD 176.98 178.98
Norwegians Krone NOK 26.14 26.44
Omani Riyal OMR 744.58 752.57
Qatari Riyal ‎QAR 78.73 79.43
Singapore Dollar SGD 215 217
Swedish Korona SEK 26.73 27.03
Swiss Franc CHF 316.34 318.84
Thai Bhat THB 8.28 8.43

Today's gold rates in Pakistan – May 29 2023

KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 235,800 on Monday. The price of 10 grams of 24k gold was recorded at Rs202,160.   

Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,880.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City Gold Silver
Lahore PKR 235,800 PKR 2,505
Karachi PKR 235,800 PKR 2,505
Islamabad PKR 235,800 PKR 2,505
Peshawar PKR 235,800 PKR 2,505
Quetta PKR 235,800 PKR 2,505
Sialkot PKR 235,800 PKR 2,505
Attock PKR 235,800 PKR 2,505
Gujranwala PKR 235,800 PKR 2,505
Jehlum PKR 235,800 PKR 2,505
Multan PKR 235,800 PKR 2,505
Bahawalpur PKR 235,800 PKR 2,505
Gujrat PKR 235,800 PKR 2,505
Nawabshah PKR 235,800 PKR 2,505
Chakwal PKR 235,800 PKR 2,505
Hyderabad PKR 235,800 PKR 2,505
Nowshehra PKR 235,800 PKR 2,505
Sargodha PKR 235,800 PKR 2,505
Faisalabad PKR 235,800 PKR 2,505
Mirpur PKR 235,800 PKR 2,505


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