Search For "china debt trap"
New venues for regional cooperation needed in South Asia: Report
Updated : 3 years, 3 months ago IST
Despite being at the centre stage of world politics, South Asia is the least interconnected. Various factors undermine any political or non-political dialogue and cooperation between the countries that share borders in this part of the world, according to the South Asia Democratic Forum (SAD
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Myanmar now next in line in China's debt-trap diplomacy
Updated : 3 years, 3 months ago IST
China now uses the political instability of Myanmar as a cover to lure it into a trap and drain its natural resources
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Sri Lanka registers decline in crop yield, high food inflation rates follo
Updated : 3 years, 3 months ago IST
In order to switch to organic fertilisers, Sri Lanka yet again relied on a Chinese company, only to get deceived in the end as the organic fertilizer supplied could not pass the two rounds of the National Plant Quarantine Services (NPQS) test due to high contamination.
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China-funded secret railway contract unearthed in Kenya: Report
Updated : 3 years, 4 months ago IST
The USD 4.7 billion rail project known as the Standard Gauge Railway starts from Kenya's coastal region, began five years ago and has become the focus of multiple criminal investigations, weighing down the country's economy with debt.
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Pakistan's economy headed for a Sri Lanka-like crisis
Updated : 3 years, 4 months ago IST
Pakistan has a large amount of debt, high inflation, a spike in unemployment and a lot of other macroeconomic problems which clearly show the multiple challenges faced by the country.
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Norway raises concern over precarious situation of Uyghurs in Xinjiang
Updated : 3 years, 5 months ago IST
Oslo [Norway], October 19 (ANI): Nordic countries are increasingly suspicious of China over the human rights violations of Uyghurs in its Xinjiang region. It is running out of favour in the Nordic region.
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Vietnam's tug of war with China over Laos
Updated : 3 years, 5 months ago IST
Vientiane [Laos], October 13 (ANI): Despite Vietnam's efforts to improve its relationship with Laos, the latter is moving towards China, as the nation is trying to gain benefits from Beijing's economy and Belt and Road Initiative (BRI) infrastructure.
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Laos economic crisis intensifies amid Chinese debt
Updated : 3 years, 5 months ago IST
Vientiane [Laos], October 12 (ANI): The escalating debt crisis in Laos is pushing the country toward a meltdown and even experts believed that Vientiane is on the brink of loan default.
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China looking for new ways to resolve current debt quagmire: Report
Updated : 3 years, 5 months ago IST
Beijing [China], October 3 (ANI): After the first version of China's flagship Belt and Road initiative was blocked, Beijing is working on a 2.0 version while being open to accepting some losses on loans and renegotiating debt, something it had been previously unwilling to do, a report said.
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China falls into its own debt trap as loans under Belt and Road Initiative
Updated : 3 years, 5 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, 5 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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China uses clever tactics of African countries' loan waiver to change its
Updated : 3 years, 6 months ago IST
Beijing [China], September 25 (ANI): After eyebrows were raised on China's debt trap policy under its Belt Road Initiative (BRI), it announced a loan waiver for African countries to change the narrative, however, the amount of these loans was not even 1 per cent of its total lending to the c
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