US warns Kenya's rising debt threatens social services and growth

The US has warned that Kenya's rising debt burden is undermining its ability to provide quality medical care and...

China's BRI and 'Debt Trap Diplomacy' in African countries

More than 200 BRI cooperation agreements had been signed by 140 nations at the start of 2021, serving as frameworks...

Nepal Airlines Corporation reels under 50 bn Chinese debt

As per a plan to profit the corporation, the Chinese aircraft were purchased about eight years ago. Four Y12 and two...

Nepal drowning in Chinese debt trap

Recently inaugurated Pokhara International Airport has come up with a USD 215 million loan from the Chinese EXIM...

Chinese debt trap hurdles Zambia's progress: Report

Zambia is under a heavy debt burden, and the post-Covid economic recovery is slow. In such a situation, it is...

Kenya's mounting Chinese debts causing serious consequences

Kenya is going through an economic emergency due to mounting Chinese debts leading many to believe that the...

Cambodia needs to tread cautiously in defending China

Cambodian government is always seen standing against the world for defending China and its debt diplomacy, however,...

Africa in desperate need for alternatives to tackle China's debts

As the global economy is moving towards recession, African countries, where China has leveraged lopsided loans for...

Pakistan requests China to roll over its USD 6.3 billion debt

Islamabad [Pakistan], October 23 (ANI): Pakistan on Saturday requested its all-weather ally China to roll over its...

WANA region need to be prudent with Chinese loans

Beijing [China], October 14 (ANI): West Asia and North African regions need to tread cautiously when lending Chinese...

Laos economic crisis intensifies amid Chinese debt

Vientiane [Laos], October 12 (ANI): The escalating debt crisis in Laos is pushing the country toward a meltdown and...

Chinese officials face unpleasant jobs as debt collectors

Beijing [China], October 9 (ANI): Across much of the developing world, China finds itself in an uncomfortable...