After Nepal did not take any official interest in China's ambitious project Belt and Road Initiative (BRI) and the military alliance Global Security Initiative (GSI), it has put forward a plan to expand its influence in Nepal through the Global Development Initiative (GDI) launched by Presid
Italian officials are currently discussing several options, as part of talks with Pirelli investors over the company's ownership structure as Sinochem is Pirelli's largest shareholder.
According to Nepali newspaper, the observers believed that the BRI's projects results in Sri Lanka and Pakistan has weighed heavily in Bangladesh PM's brain.
In the 52nd Session of the United Nations Human Rights Council in Geneva on Tuesday, organised by the Organisation for Poverty Alleviation and Development and European Foundation for South Asian Studies (EFSAS), experts highlighted the construction of highways, buildings and dams in Gilgit B
Zambia is under a heavy debt burden, and the post-Covid economic recovery is slow. In such a situation, it is difficult to upgrade the dilapidated road connecting its mining sites to export destinations in the lack of funds to build infrastructure, Africa Daily Digital reported.
China is forcing Nepal into its ambitious but controversial Belt and Road Initiative (BRI) project. The Nepal-China railway has also been discussed for a long time. Even during the visits of Chinese President Xi Jinping and Former Chinese Foreign Minister Wang Yi, there have been various
The Union minister said Rahul Gandhi should apologise for his statement. He also hit back at the Congress, reminding them that it was under the Indira Gandhi regime that civil liberties were curbed.
China is making huge investments in underdeveloped or poor countries ultimately setting them up for defaulting on China's loans and making compromises to China
Pakistan faced an economic crisis which is a result of its own faulty policies long-standing debts, dipping forex reserves and support to extremism and terrorism.
CNTC is also accused of smuggling tobacco to avoid the international tax drain and has flooded international markets with illegal Chinese cigarette brands to increase its customer base.
Some BRI initiatives were implemented too quickly without giving enough thought to the long-term benefits of the same. The initiatives frequently rely too heavily on the backing of governments and policies.
China's Belt and Road Initiative (BRI) has left scores of Lower and Middle-Income Countries (LMIC) saddled with "hidden debts." China is using debt rather than aid to establish a dominant position in the international development finance market.