Search For "chinese loan"
ED freezes Rs 46.67 crore in Chinese loan app case
Updated : 3 years, 8 months ago IST
New Delhi [India], September 16 (ANI): The Enforcement Directorate freezed Rs 46.67 crore kept in various bank accounts and virtual accounts Easebuzz, Razorpay, Cashfree and Paytm after recent raids in the Chinese loan app case.
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Colombo crisis fueled by Chinese loans rings alarm for international commu
Updated : 3 years, 8 months ago IST
Colombo [Sri Lanka], September 16 (ANI): Sri Lanka's economic crisis has become a wake-up call for the international community as the country has emerged as a straightforward example of falling prey to China's debt trap diplomacy as the unprecedented economic and social crisis in the country
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IPEF to encourage Pakistan to "decouple" from Chinese market: Report
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], September 10 (ANI): The Indo-Pacific Economic Framework (IPEF) can change the economic dynamics of the Asia-Pacific region, especially Pakistan as the group is ostensibly created to encourage regional economies to "decouple" from the Chinese market by providing them alt
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Sri Lanka's weak regulatory frameworks responsible for China incurred debt
Updated : 3 years, 8 months ago IST
Colombo [Sri Lanka], September 5 (ANI): As the debt crisis continues to grip the island nation of Sri Lanka, the root cause of problems behind the loans lent by China are weak regulatory frameworks in the country and weak circumspection exercised by politicians and public officials in making
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No link with Chinese loan merchants under enforcement agency's scanner: Pa
Updated : 3 years, 8 months ago IST
New Delhi [India], September 5 (ANI): Fintech solutions provider One 97 Communications, which operates the popular payment platform Paytm, denied any links with the merchants that are currently under the enforcement agency's watch.
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ED raids six locations in Bengaluru in Chinese loan app case
Updated : 3 years, 9 months ago IST
New Delhi [India], September 3 (ANI): The Enforcement Directorate (ED) on Friday carried out search operations at six premises in Bengaluru in respect to an investigation relating to the Chinese loan app case.
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Bangladesh Finance Minister warns developing nations of Chinese loans stra
Updated : 3 years, 9 months ago IST
Dhaka [Bangladesh], August 10 (ANI): Warning developing countries of taking Chinese loans through its Belt and Road Initiative (BRI), Bangladesh's finance minister Mustafa Kamal said that the nations must think twice about these loans as Beijing's poor lending decisions risk pushing these na
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Zambia calls off Chinese loans, saves itself from falling in Beijing's deb
Updated : 3 years, 10 months ago IST
Lusaka [Zambia], August 6 (ANI): Southern African nation, Zambia, seems to have understood China's debt-diplomacy, which only reaps profits to Beijing while countries are pushed towards an economic crisis, as Lusaka cancelled USD 1.6 billion Chinese loans.
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Nepal: 35 including Chinese national arrested for running fake call centre
Updated : 3 years, 10 months ago IST
Kathmandu [Nepal], July 26 (ANI): As many as 35 people, including a Chinese national, were arrested on Monday from a call centre in Tinkune, Kathmandu on suspicion of illegal activities and transactions.
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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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Chinese white elephant projects in Sri Lanka create jobs for Chinese peopl
Updated : 3 years, 10 months ago IST
New Delhi [India], July 19 (ANI): China has invested in white elephant projects in Sri Lanka that primarily produce jobs for Chinese people while benefiting no Sri Lankan, said Chennai-based policy expert N. Sathiya Moorthy.
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China's Henan bank crisis: Despite promises, banks fail to repay depositor
Updated : 3 years, 10 months ago IST
Beijing [China], July 19 (ANI): Despite promises that depositors in China's Henan villages will get their frozen money back in batches with the first due on July 15, only a handful of depositors have received the payments, posing a serious question on whether banks have anything to spare.
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