Pakistan’s friendly neighbour China, which has time and again bailed it out of its financial crisis, has in a queer turn of events now demanded guarantees before sanctioning fresh $6 billion in loan to Islamabad. Pakistan has sought the $6 billion loan help from China for Main Line (ML-1) project against which, Beijing has sought guarantees due to Islamabad’s weakening position. However, a senior Pakistani official involved in negotiations said that China did raise the additional guarantees issue during meeting but it did not make it part of the draft of the minutes shared with Pakistan. The ML-1 project includes dualisation and upgrading of the 1,872km railway track from Peshawar to Karachi and is a major milestone for the second phase of China-Pakistan Economic Corridor (CPEC). The purpose of raising the additional guarantees issue was getting more clarity after Pakistan availed G-20 countries debt relief initiative, he added. The draft minutes have not yet been signed by both the countries. The third round of financial negotiations gave further clarity on the Chinese position on $6 billion lending for the $6.8 billion strategically important ML-1 project of Pakistan Railways, sources in the Ministry of Economic Affairs said.