Search For "china debt trap"
China needs to improve its lending practices: World Bank President
Updated : 3 years, 11 months ago IST
Warsaw [Poland], April 14 (ANI): China needs to improve its lending practices in the developing world, especially in terms of transparency in the loans it provides, according to the World Bank President.
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Sri Lanka succumbs to China's debt-trap diplomacy: Report
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 12 (ANI): Sri Lanka, a thriving island country with a population of 22 million, has succumbed to China's debt-trap diplomacy while Colombo battles most significant economic crisis in decades amid mounting debt repayment woes.
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Pakistan, Sri Lanka crises lessons for countries to not fall for China's d
Updated : 3 years, 11 months ago IST
Washington [US], April 12 (ANI): The over-dependence on China for economic development could be a miserable option for any country, and the latest examples of it, are Pakistan and Sri Lanka which have been facing a dire financial crisis at present, according to reports.
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Bangladesh hurt by Chinese workers' disrespect for local sentiments
Updated : 3 years, 12 months ago IST
Dhaka [Bangladesh], March 28 (ANI): Bangladesh is not only falling into the 'debt trap' of China but also the Islamic nation is hurt by the disrespect to its religion by the Chinese workers in the country, media reports said.
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Sri Lanka faces Chinese 'strategic trap': Expert
Updated : 4 years ago IST
Colombo [Sri lanka], March 26 (ANI): Amid the ongoing economic crisis in the country, a Sri Lankan expert has held inward policy approaches of the government along with the Chinese 'strategic trap' responsible for the precarious situation, the island country faces.
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China snares Pakistan in BRI debt trap with high-interest rates, stiff rep
Updated : 4 years ago IST
Islamabad [Pakistan], March 24 (ANI): China is snaring Pakistan in the Belt of Road Initiative (BRI) debt trap with high-interest rates, stiff repayment terms and lack of transparency.
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Rajapaksa thanks PM Modi for providing economic assistance to Sri Lanka
Updated : 4 years ago IST
Colombo [Sri Lanka], March 24 (ANI): Sri Lanka Prime Minister Mahinda Rajapaksa has expressed gratitude to Prime Minister Narendra Modi for providing economic development assistance and credit facilities to his country, reported local media.
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Bangladesh FM Abdul Momen rejects "debt trap" claim on China-Bangladesh co
Updated : 4 years, 1 month ago IST
Dhaka [Bangladesh], February 6 (ANI): Bangladesh Foreign Minister AK Abdul Momen has brushed aside the claim that Dhaka is falling into a Chinese "debt trap", reported Xinhua.
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China's debt-trap diplomacy continues in Africa through Belt Road Initiati
Updated : 4 years, 2 months ago IST
Beijing [China], January 18 (ANI): China's debt-trap diplomacy continues in Africa through the Belt Road Initiative as it gains momentum in the continent through a slew of big infrastructural projects and the criticism of trapping African countries in debt by Chinese lenders is also coming t
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China expects part of Montenegro's territory as Podgorica struggles to rep
Updated : 4 years, 6 months ago IST
Beijing [China] August 31 (ANI): Montenegro may be forced to cede part of its territory to Beijing as the country is staggering under USD 1 billion it owes to the Chinese government.
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China debt-traps nations with confidentiality clauses, says report
Updated : 4 years, 7 months ago IST
Beijing [China], August 25 (ANI): China, which is the world's largest creditor, is shockingly using confidentiality clauses barring borrowers from revealing terms and conditions of the engagement or even the existence of the debt itself.
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China's continues to boost leverage over vulnerable countries as part of i
Updated : 4 years, 10 months ago IST
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.
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