Search For "chinese loans"
Chinese officials in poor countries face unpleasant jobs as debt collector
Updated : 3 years, 5 months ago IST
Beijing [China], October 9 (ANI): Across much of the developing world, China finds itself in an uncomfortable position as the world's debt collector amid rising inflation and a weakening global economy.
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South-East Asian nations show red card to China through economic means
Updated : 3 years, 5 months ago IST
Jakarta [Indonesia], September 21 (ANI): China has not been able to strike strategic takeovers with South-East Asian nations as the countries have complimented their own development with China's economic growth and have been able to dodge the communist nations' debt-trap diplomacy.
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China goes easy on foreign lending as BRI loans mounts
Updated : 3 years, 5 months ago IST
Dalian [China], September 21 (ANI): China's flagship Belt and Road Initiative (BRI) has hit a snag, with many loans to emerging economies falling into repayment troubles, forcing Beijing to scale back on lending.
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Colombo crisis fueled by Chinese loans rings alarm for international commu
Updated : 3 years, 6 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, 6 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, 6 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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Bangladesh Finance Minister warns developing nations of Chinese loans stra
Updated : 3 years, 7 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, 7 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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Chinese white elephant projects in Sri Lanka create jobs for Chinese peopl
Updated : 3 years, 7 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, 7 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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Laos default would give new momentum to China "debt trap" diplomacy
Updated : 3 years, 8 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, 8 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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