Search For "chinese debt trap"
It's in China's interest to restructure Sri Lanka's debt: Yellen
Updated : 3 years, 10 months ago IST
Bali [Indonesia], July 15 (ANI): Amid the ongoing financial crisis in island nation, US Treasury Secretary Janet Yellen has said that China is a "very important" creditor of Sri Lanka and it would likely be in the interest of both countries if Beijing participated in restructuring Colombo's
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Is Bangladesh next to fall in China's debt-trap diplomacy?
Updated : 3 years, 10 months ago IST
Dhaka [Bangladesh], July 4 (ANI): In a quest for rapid progress and development, Bangladesh is falling under the debt trap of China by sponsoring infrastructure projects.
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China's cryptic involvement in Pakistan's textile industry makes EU concer
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], July 3 (ANI): Chinese debt-trap diplomacy could eventually exploit the textile industry in Pakistan to reap by proxy the benefit of the European Union's GSP+ which benefits Islamabad from zero duty on several products.
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G7 Summit targets China's Belt and Road Initiative to curb its global infl
Updated : 3 years, 10 months ago IST
Beijing [China], June 29 (ANI): This year's G7 Summit held in Germany targeted China's Belt and Road Initiative (BRI) to confront its global influence.
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Pakistan following Sri Lanka's path to land in Chinese debt trap
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], June 18 (ANI): Pakistan is blindly following Sri Lanka's path which will lead the country to fall into the Chinese debt trap.
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Sri Lanka: Nation's economic meltdown uncovers Chinese 'debt-trap' policy
Updated : 4 years ago IST
Colombo [Sri Lanka], May 14 (ANI): China offered debt-stricken Sri Lanka more loans to overcome its economic distress amid rising protests in the country.
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China cuts down investment pledges for Africa amid mounting debt fears
Updated : 4 years ago IST
Beijing [China], May 9 (ANI): While infrastructure projects are one of the main priority areas in China-Africa cooperation, Beijing has cut down on its investment pledges for the continent for the first time in December 2021, according to reports.
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China again looking to trap Sri Lanka by offering more loans
Updated : 4 years ago IST
Beijing [China], May 7 (ANI): At the time when Sri lanka is struggling for its worst econimc crisis due to the huge Chinese loan debt, Beijing has once trying to entrap the Island nation by offering more loans and so-called aid to the country, according to media report.
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China's economic growth led to direct military aggression in Himalayas
Updated : 4 years ago IST
Beijing [China], May 7 (ANI): The economic growth story of China is unparalleled, however, it has led to direct military aggression and there is no better place to observe Chinese flexing than in the Himalayas.
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Scrapping CPEC Authority no panacea for Pakistan from Chinese debt-trap: R
Updated : 4 years ago IST
Islamabad [Pakistan], April 28 (ANI): Even while the newly-elected Shehbaz Sharif government in Pakistan has decided to abolish the China-Pakistan Economic Corridor (CPEC) Authority, the move will not save Islamabad from falling into the Chinese debt trap, said a media report.
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Following Sri Lankan economy collapse, worries mount in Pakistan over Chin
Updated : 4 years ago IST
Islamabad [Pakistan], April 24 (ANI): Drawing warning lessons from the collapsing Chinese-dominated economies of Sri Lanka and Nepal, the Shehbaz Sharif government has decided to scrap the China-Pakistan Economic Corridor Authority (CPECA) to arrest Pakistan's own slide towards a similar fat
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Chinese 'debt trap' adds to Sri Lanka, Pakistan crises
Updated : 4 years, 1 month ago IST
Tel Aviv [Israel], April 7 (ANI): The ongoing crisis in Sri Lanka and Pakistan, fueled by the economic mismanagement by the incumbent governments, has once again brought the focus back to the Chinese "debt trap."
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