Beijing [China], September 11 (ANI): China's influence has been quietly expanding in a more pervasive way in Central Asia. Since 2000, Beijing has been expanding its lending activities in Central Asia.
Nong Khai [Thailand], September 8 (ANI): The economic situation of Laos continues to worsen as the country is under a severe shortage of foreign reserves and owes a hefty sum of foreign debt to China as the country is suffering from twin deficits, a senior economist at Thailand's Krungsri Re
Colombo [Sri Lanka], July 22 (ANI): China, which turned a blind eye to Sri Lanka while it struggled with the economic and political crisis, is now looking forward to advancing bilateral ties and traditional friendship between the two countries, as evident from President Xi Jinping's congratu
Vientiane [Laos], July 17 (ANI): Laos, a south-east Asian nation is on the edge of default after building a China-financed high-speed train, giving new momentum to 'debt trap' diplomacy criticism.
Beijing [China], May 4 (ANI): China is boosting its leverage over financially vulnerable countries and ensnaring some in sovereignty-eroding debt traps by extending loans with strings attached.