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.
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.
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.
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.
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.
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.
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.
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.
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
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.
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.
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.