Search For "china belt and road initiative"
Kuwait saves itself from falling into Guanxi trap
Updated : 3 years, 7 months ago IST
Beijing [China], October 22 (ANI): Kuwaiti government seems to have understood the Chinese Guanxi trap which is synonymous with bribery and corruption in China.
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China falls into its own debt trap as loans under Belt and Road Initiative
Updated : 3 years, 7 months ago IST
Beijing [China], October 3 (ANI): China is falling into its own debt trap as the country's banks have sharply reduced lending to low-income countries under its flagship Belt and Road initiative (BRI) after the crumbled economies of borrowing countries have left the Asian giant with huge pile
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China's debt trap policy boomerangs amid slowing foreign economies
Updated : 3 years, 8 months ago IST
Beijing [China], October 1 (ANI): China's debt trap policy has boomeranged with many loans to emerging economies falling into repayment troubles due to financial distress and a slowing economy.
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IMF bailout discussion on Sri Lanka debt restructuring still on lower pede
Updated : 3 years, 8 months ago IST
Colombo [Sri Lanka], September 13 (ANI): Sri Lanka has reached an agreement with the International Monetary Funds (IMF) regarding debt restructuring which will start only after all Sri Lankan creditors agree to restructure their existing loans to the island nation. On the other hand, while C
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China eyeing to make inroads into Bangladesh's infrastructure sector
Updated : 4 years, 1 month ago IST
Dhaka [Bangladesh], April 8 (ANI): With an ambition to make inroads into Bangladesh's infrastructure sector, China has proposed to assist Dhaka in the highway transportation network, including dispatching Chinese technical experts to undertake the onsite feasibility study.
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Argentina joins China's Belt and Road Initiative
Updated : 4 years, 3 months ago IST
Buenos Aires [Argentina], February 6 (ANI): Argentina has joined China's Belt and Road Initiative (BRI) and is set to receive funding worth USD 23.7 billion for various projects from Beijing.
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Syria joins BRI as West continues to criticize Beijing for its debt trap t
Updated : 4 years, 4 months ago IST
Damascus [Syria], January 14 (ANI): Amid rising accusations against China for trapping countries in massive debts with larger infrastructure plans, Syria has joined Beijing's Belt and Road Initiative which Beijing says will open broad horizons of cooperation for the Middle-East country.
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China's BRI left several countries saddled with 'hidden debts': report
Updated : 4 years, 8 months ago IST
Beijing [China], September 30 (ANI): China's Belt and Road Initiative (BRI) has left scores of lower- and middle-income countries (LMIC) saddled with "hidden debts" totalling USD 385 billion, according to new research.
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China waiting for an opportunity to enter Afghanistan amid US withdrawal
Updated : 4 years, 10 months ago IST
Washington [US], July 9 (ANI): Amid the ongoing US troops withdrawal from Afghanistan, Beijing appears to have been waiting for an opportunity to enter the war-torn country.
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India says will study Biden's infrastructure plan that rivals China's Belt
Updated : 4 years, 11 months ago IST
New Delhi [India], June 13 (ANI): India has said that it will study the US President Joe Biden’s ‘Build Back Better’ global infrastructure initiative proposal announced at the G7 summit as an alternative to China’s Belt and Road (BRI).
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China's BRI project losing face after Australia cancels deal with Beijing
Updated : 5 years ago IST
Beijing [China], May 2 (ANI): Australia's canelling of the controversial Belt and Road (BRI) agreement with China citing the deal as against its national interest, has posed as a 'loss of face' for President XI Jinping and could prompt other countries to back away from similar deals.
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China's ambitious BRI project hindered by COVID-19, failure to pay debts
Updated : 5 years, 1 month ago IST
Beijing [China], April 15 (ANI): China's ambitious Belt and Road Initiative (BRI) has been greatly affected by the COVID-19 pandemic, with Beijing quietly scaling back the project, particularly in the emerging markets of Africa, due to banks being over-extended and loans not being repaid on
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