"China is Pakistan's largest bilateral creditor, with outstanding loans of $14.5 billion – only the Asian Development Bank (ADB) at $14 billion and the World Bank (WB) at $18.1 billion have comparable amounts owed to them"
I would not personally seek to open a bank account in a bankrupt country. But you can open an account there remotely if your a HSBC premier customer at another overseas branch.
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