Islamabad [Pakistan], July 28 (ANI): China, the sole investor in the Gwadar projects are hesitating to invest amid uncertainties as the ongoing economic crisis and political instability in Pakistan are hitting Chinese investment sentiments.
Beijing [China], July 26 (ANI): China's finance and investment spending in Belt and Road countries fell to USD 28.4 billion in the first half of 2022 as compared to USD 29.6 billion a year earlier, with no new engagements in Russia, Egypt and Sri Lanka, as per a research.
Rome [Italy], July 20 (ANI): Angola is retreating in terms of its relations with China as the relationship was forged by Beijing for purely serving strategic self-interest in the early 2000s, and has been labelled a 'marriage of convenience.
Beijing [China], July 17 (ANI): In continuation of China's debt-diplomacy with Pakistan, a Chinese company Yutong Bus, a large-scale modern Chinese manufacturing company specialising in bus production, has accepted the offer to set up a public transport plant in Sindh.
Brussels [Belgium], June 9 (ANI): The Chinese loans to Africa tend to decline during times of crisis and the loan commitment dipped in 2020 due to the COVID-19 pandemic.
Beijing [China], June 3 (ANI): China is looking to expand its trade and investment in various sectors including high-tech, energy, maritime and life sciences and health sectors in Europe, especially in the Netherlands, according to a media report.
Baghdad [Iraq], April 26 (ANI): China is exploiting the security vacuum in Iraq that was created after US's withdrawal from the West Asian country, with its companies aligning with militia groups to gain a strong foothold in the oil industry of the country, a media report said.
Colombo [Sri Lanka], April 19 (ANI): Sri Lanka's current economic crisis does not seem to slow down due to its major dependence on Chinese loans as well as its inability to repay debt amid a state of emergency and intense protests in the island nation.
Washington [US], April 5 (ANI): The US has realized that China is cutting lucrative deals in South America as more nations are joining China's Belt and Road Initiative (BRI).
Nairobi [Kenya], March 30 (ANI): Kenya is facing an uncertain future amid the cheap influx of Chinese goods as handmade kitchen products, which are the livelihoods of a large population of Kenyan artisans, are losing their earnings.
Kathmandu [Nepal], March 23 (ANI): Amid a growing discontent in Nepal against Chinese investments and interference, Chinese Foreign Minister and State Councillor Wang Yi will arrive on a three-day visit to the Himalayan country starting March 25.
Colombo [Sri Lanka], March 22 (ANI): Sri Lanka is battling one of its worst economic crises in over seven decades, as successive governments in the island nation have ignored sovereign bonds to Sri Lanka, with China being a major lender.