Search For "chinese loan"
Imran Khan requests Chinese premier to refinance loan as economy stays in
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], March 25 (ANI): Amidst a weakening economy, Pakistan Prime Minister Imran Khan has requested Chinese Premier Li Keqiang to further refinance an RMB 15 billion loan that was extended to the country three years ago for another three years on existing terms and conditions,
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China arm-twists Pakistan for endorsing human rights violation of Uyghur M
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], March 12 (ANI): Badly dependent on Chinese loans and investments to shore up its sagging economy, Pakistan endorsed all the acts of human rights violation by China, said a media report.
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Sri Lanka getting closer to India to deal with Chinese 'debt trap'
Updated : 4 years, 3 months ago IST
Colombo [Sri Lanka], February 20 (ANI): Sri Lanka is moving away from China while getting close to India over the failure of Colombo to pay back Chinese loans worth USD 4.5 billion, amidst fears of a "debt trap".
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Pakistan's dependence on China for economic well-being going to increase:
Updated : 4 years, 3 months ago IST
Beijing [China], February 7 (ANI): The handshake between Pakistan Prime Minister Imran Khan and Chinese President Xi Jinping on February 6 for the Beijing Winter Olympics) portrays that Beijing's grip over Islamabad is much more than ceremonial or symbolic, according to political analysts.
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Pakistan cedes strategic pipeline contract to China to repay mountain of d
Updated : 4 years, 6 months ago IST
Islamabad [Pakistan], December 3 (ANI): Pakistan has started ceding important projects to Beijing as a way out to repay the mountain of debt arising out of Chinese loans as the Imran Khan government recently awarded the contract for the construction of 3,021 km of the strategic crude oil pip
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Chinese loans to other countries are predatory, opaque in nature: Report
Updated : 4 years, 11 months ago IST
Tel Aviv [Israel], June 21 (ANI): Chinese loans have surpassed lending by the World Bank and the International Monetary Fund combined together. It has become the largest global overseas creditor accounting for close to 65 per cent of the world's official bilateral debt with outstanding forei
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Cash-strapped Pakistan requests another year to pay back Chinese loans
Updated : 4 years, 11 months ago IST
Islamabad [Pakistan], June 14 (ANI): A debt-ridden Pakistan has requested its all-weather ally China that it needs another year to pay back a billion dollars Islamabad had borrowed from Beijing last year.
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ED attaches assets worth over Rs 76 cr of Chinese loan app companies
Updated : 5 years ago IST
New Delhi [India], May 11 (ANI): The Enforcement Directorate (ED) on Tuesday issued a Provisional Attachment Order under the Prevention of Money Laundering Act, 2002 (PMLA) attaching Rs 76.67 Crore, lying in various bank accounts and payment gateways pertaining to Chinese Loan App companies
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Zambia's debt: Future of Chinese loan
Updated : 5 years, 2 months ago IST
Lusaka [Zambia], March 30 (ANI): Zambia became the first coronavirus-era debt default African nation that has borrowed heavy loans from China in recent years to fund major infrastructure projects.
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Telangana MLC K Kavitha reaches out to family of deceased loan app victim,
Updated : 5 years, 3 months ago IST
Hyderabad (Telangana) [India], February 28 (ANI): Responding to media reports of a man who died by suicide after falling prey to a financial fraud on a Chinese loan app, Telangana MLC Kalvakuntla Kavitha on Sunday reached out to the family of the victim and promised to support the education
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IMF delays multi-billion aid to debt-ridden Pakistan
Updated : 7 years, 1 month ago IST
Islamabad [Pakistan], Apr 15 (ANI): The International Monetary Fund (IMF) would delay the bailout package to debt-ridden Pakistan as the global money lender has sought details about China-Pakistan Economic Corridor (CPEC), and demanded a written guarantee that it will not use the aid to repa
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Chinese loans placing South Asia in debt trap
Updated : 7 years, 11 months ago IST
Kathmandu [Nepal], June 22 (ANI): The trade deficit in South Asian countries such as Nepal, Myanmar and Pakistan with China is rising year-on-year, in spite of Beijing extending bilateral loans to them by significant amounts.
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