New Delhi [India], July 22 (ANI): President-elect of the United Nations General Assembly (UNGA) and current Maldives Foreign Minister Abdullah Shahid, who is on a visit to India, on Thursday said that India has always been the first responder in times of need for the island nation.
Islamabad [Pakistan], June 14 (ANI): A debt-ridden Pakistan has requested its all-weather ally China that it needs another year to pay back a billion dollars Islamabad had borrowed from Beijing last year.
Beijing [China], May 27 (ANI): China's debt clampdown has raised the risk of a wave of defaults among the country's heavily indebted local government financing vehicles (LGFVs) for the first time, causing concern in financial markets.
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.
Vienna [Austria], April 9 (ANI): Despite pressure from the Group of 20 major economies, Beijing has been resisting to disclose the details on its lending to developing nations as low-income countries have been struggling with their vaccination campaigns.
Lusaka [Zambia], March 30 (ANI): Zambia became the first coronavirus-era debt default African nation that has borrowed heavy loans from China in recent years to fund major infrastructure projects.
Beijing [China], February 16 (ANI): In yet another example of China's debt-trap diplomacy, Kenya has been roped in a deal with a six-month debt repayment holiday worth USD 245 million.
Louvain [Germany], Dec 19 (ANI): A two-day conference titled 'The Chinese Way, The New Normal?' held in Germany's Louvain brought together researchers, academicians and practitioners in the field of Asian studies, who deliberated upon China's geopolitical and socio-economic rise in the world