Search For "chinese loan"
Laos default would give new momentum to China "debt trap" diplomacy
Updated : 3 years, 10 months ago IST
Vientiane [Laos], July 17 (ANI): Laos, a south-east Asian nation is on the edge of default after building a China-financed high-speed train, giving new momentum to 'debt trap' diplomacy criticism.
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China a mute spectator as Sri Lanka's political upheaval poses long-term i
Updated : 3 years, 10 months ago IST
Beijing [China], July 16 (ANI): As the Sri Lankan political crisis continues to rage, China has not made any comments and this has made it evident that the ouster of the Rajapaksa family from power is set to have long-term implications for the Chinese, media reports said.
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Pakistan's external debt servicing rises to USD 10.886 billion
Updated : 3 years, 10 months ago IST
Karachi [Pakistan], July 13 (ANI): Pakistan's external debt servicing rose to USD 10.886 billion in the first three quarters of 2021-22 compared to USD 13.38bn in the entire FY21.
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Nigeria's economy disrupted amid China's debt-trap diplomacy
Updated : 3 years, 10 months ago IST
Beijing [China], July 9 (ANI): China's debt-trap diplomacy in Nigeria is posing a serious threat to the country's economy as Beijing accentuates its infamous loan facilities to the African nation for investments in projects ranging from infrastructure to agriculture.
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China wishes to penetrate Africa's political landscape with its 'debt-trap
Updated : 3 years, 10 months ago IST
Beijing [China], July 8 (ANI): After offering loans to countries in Africa, China is now leveraging the "debt trap" to strategically penetrate the continent's political landscape.
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Impact of Chinese loans in Africa far more complex than portrayed
Updated : 3 years, 10 months ago IST
Addis Ababa [Ethiopia], July 7 (ANI): The impact of Chinese loans in Africa is far more complex than it is often portrayed.
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IMF intends to ban Pakistan from seeking more Chinese loans: Reports
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], July 6 (ANI): The International Monetary Fund (IMF) intends to ban Pakistan from borrowing more from China, according to reports.
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USD2.3 bn Chinese loan credited to State Bank of Pakistan: Finance Ministe
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], June 25 (ANI): Pakistani Finance Minister Miftah Ismail said on Friday that a loan of USD 2.3 billion from a Chinese consortium of banks had been credited to the central bank's account.
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China's loans to Africa will plunge world into next economic crisis, warns
Updated : 3 years, 11 months ago IST
Beijing [China], June 16 (ANI): Pointing at the serious danger posed by China's lending spree in poorer countries, particularly Africa, German Chancellor Olaf Scholz warned that this could plunge the world into the next financial crisis.
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China lauds India for helping Sri Lanka amid economic crisis
Updated : 3 years, 11 months ago IST
Beijing [China], June 9 (ANI): China on Wednesday praised India for helping Sri Lanka amid the unprecedented economic crisis in the island nation that has led to a shortage of fuel and other essential items.
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Chinese loans to Africa tend to decline during times of crisis
Updated : 3 years, 11 months ago IST
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.
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Chinese banks to refinance Pakistan with USD 2.3 billion funding
Updated : 3 years, 12 months ago IST
Islamabad [Pakistan], June 2 (ANI): China on Thursday agreed to refinance Pakistan with USD 2.3 billion worth of funds amid the dwindling foreign exchange reserves of the country.
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