Search For "china debt"
Imran Khan requests Chinese premier to refinance loan as economy stays in
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], March 25 (ANI): Amidst a weakening economy, Pakistan Prime Minister Imran Khan has requested Chinese Premier Li Keqiang to further refinance an RMB 15 billion loan that was extended to the country three years ago for another three years on existing terms and conditions,
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China snares Pakistan in BRI debt trap with high-interest rates, stiff rep
Updated : 3 years, 11 months 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 : 3 years, 11 months 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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Imran's China visit largely aims for financial relief on Belt and Road deb
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 4 (ANI): Pakistan Prime Minister Imran Khan's visit to China during Winter Olympics largely aims to seek financial relief from the communist regime on Belt and Road debts but rising security concerns could kill many key projects, according to a media report.
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China's debt-trap diplomacy continues in Africa through Belt Road Initiati
Updated : 4 years, 1 month 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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African nations being forced to hand over national assets to China
Updated : 4 years, 3 months ago IST
Kampala [Uganda], December 13 (ANI): Some African nations are being forced to hand over national assets to China due to certain agreements they signed with Beijing years back and ignored crucial clauses in an attempt to show goodwill gesture to the Asian giant.
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Pakistan struggles to pay Chinese debts amid ballooning external payments
Updated : 4 years, 3 months ago IST
Islamabad [Pakistan], December 4 (ANI): Beijing's debts are squeezing Pakistan's pinched finances as external payments are set to balloon to USD 14 billion at the end of this financial year and nearly half is owed to Chinese commercial banks, largely for the Belt and Road Initiative (BRI)
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Laos-China railway opens as experts raise concerns over mounting debt
Updated : 4 years, 3 months ago IST
Vientiane [Laos], December 3 (ANI): Laos has opened a USD 6 bn Chinese-built railway on Friday, the biggest public works project in its history, which analysts warn could expose the poor south-east Asian country to financial risk or political coercion from Beijing, reported Financial Times.
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China's debt increasing, financial system struggle to manage burden: US co
Updated : 4 years, 4 months ago IST
Washington [US], November 18 (ANI): In the wake of Beijing's stimulus-led recovery from the COVID-19 pandemic, China's debt burden has further increased, stressing a financial system still struggling to manage an unprecedented debt expansion following the 2008 global financial crisis, US-Chi
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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, 6 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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