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Kenya's mounting Chinese debts causing serious consequences: Report
Updated : 3 years, 6 months ago IST
Kenya is going through an economic emergency due to mounting Chinese debts leading many to believe that the successive Kenyan governments have over-borrowed for over-priced projects.
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Pakistan requests China to roll over its USD 6.3 billion debt
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], October 23 (ANI): Pakistan on Saturday requested its all-weather ally China to roll over its USD 6.3 billion debt amid a slump in its economy due to devastating floods.
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Unclear data on Chinese debts poses challenges for Sri Lanka's negotiation
Updated : 3 years, 10 months ago IST
Colombo [Sri Lanka], July 23 (ANI): Newly-appointed Sri Lankan President Ranil Wickremesinghe has a tough task ahead of him negotiating a financial lifeline from the International Monetary Fund (IMF) to help his country combat its worst-ever economic crisis but what makes the process diffic
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Time for Sri Lankan leaders to revisit statecraft: Report
Updated : 4 years, 2 months ago IST
Colombo [Sri Lanka], March 3 (ANI): Amid a messy economy, it is time for the Sri Lankan leadership to revisit their statecraft to enable their emerald island to re-emerge as the polar star for the seafarers.
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Pakistan struggles to pay Chinese debts amid ballooning external payments
Updated : 4 years, 5 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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