PM Sharif will need to play a delicate balancing game to secure much-needed economic support from the US and China.
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Prime Minister Sharif has inherited a depleting economy, troubling foreign relations and a polarised domestic front.
The January 3 statement should be seen as a very small, but still important, step in the right direction.
However, the current trends still indicate a dangerous trajectory towards a new arms race between the US and China.
