Search For "china loan"
Nepal PM Oli defends BRI agreement with China, rules out any loan agreemen
Updated : 1 year, 5 months ago IST
Speaking to journalists after arrival at Tribhuvan International Airport on Thursday after completing his four-day visit to China, Oli reiterated that no loan agreements have been made with Beijing.
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Pakistan requests additional USD 1.4 billion loan from China amid ongoing
Updated : 1 year, 6 months ago IST
In a bid to tackle persistent external financing issues, Pakistan has formally requested an additional loan of 10 billion yuan (USD 1.4 billion) from China. This appeal comes amidst ongoing fiscal pressures and follows the utilisation of an existing trade finance facility.
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Reducing interest payments on operating loans, mortgage repayments may exp
Updated : 2 years, 3 months ago IST
China's mortgage interest rates have been reduced, and the number of people buying houses with higher interest rate loans has decreased. For interest expenses, select "House Loan to Business Loan".
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Millions of Chinese 'blacklisted' for debts as loan default hits record hi
Updated : 2 years, 5 months ago IST
Millions of Chinese borrowers have been blacklisted for failing to pay their debts and are mostly between the ages of 18 and 59, Voice of America (VOA) reported.
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China: Millions blacklisted for debt as loan defaults hit record high
Updated : 2 years, 5 months ago IST
After online payment platforms like Alipay and WeChat replaced cash as the most used payment method in China, many stores refused cash payments, and some defaulters said it had become difficult for them to even buy food.
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China agrees to reschedule USD 2 billion debt recovery
Updated : 2 years, 10 months ago IST
This is a major relief to Pakistan government which is in the process of rebuilding foreign exchange reserves through fresh loans and rolling over maturing debt.
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China's new bank loans tumble more than expected in April: Report
Updated : 3 years ago IST
China's new bank loans tumbled more than expected in April from the previous month. The development has further raised concerns regarding the economy's recovery and regulators have called on banks to cap rates offered on some deposits from next week, The Standard reported.
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Pakistan waiting for China's decision on its request for rollover of loan
Updated : 3 years, 1 month ago IST
Such a rollover is critical for Pakistan, whose foreign exchange reserves have fallen to four weeks' worth of imports at a time when it is seeking a $1.1 billion IMF bailout tranche.
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India, US, Japan secure USD 2.286 bn IMF bailout for Sri Lanka
Updated : 3 years, 1 month ago IST
After a protracted battle by India, the United States and Japan to get China to agree to restructure its massive loan of USD 7bn to Sri Lanka, the International Monetary Fund (IMF) approved the USD 2.286 billion (about USD 3bn) bailout for Sri Lanka on March 20. The Sri Lankan government und
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China falls into its own debt trap as loans under Belt and Road Initiative
Updated : 3 years, 7 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, 7 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, 8 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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