Search For "chinese loans"
Pakistan's external debt servicing rises to USD 10.886 billion
Updated : 3 years, 8 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, 8 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, 8 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, 8 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, 8 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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China's loans to Africa will plunge world into next economic crisis, warns
Updated : 3 years, 9 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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Chinese loans to Africa tend to decline during times of crisis
Updated : 3 years, 9 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, 9 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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Pak's high expectations from China may fall flat amidst its plunging econo
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], May 30 (ANI): Pakistan has been reeling under heavy economic turmoil and it is hoping that its all-weather ally China will come to its rescue however eminent economist differs, saying expectations from Beijing are highly misplaced.
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Sri Lankan economy may take time to revive, vicious trap called 'Chinese L
Updated : 3 years, 9 months ago IST
Colombo [Sri Lanka], May 23 (ANI): The failure of Sri Lanka's economy due to faulty economic planning bore fruit for China's strategic ties as the island nation is caught in a vicious cycle of Chinese loans.
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Kenya's debt obligations towards China more than double in one year
Updated : 3 years, 10 months ago IST
Nairobi [Kenya], May 20 (ANI): Kenya's debt obligations towards China have shot up by a staggering 135.15 per cent in the last one year on the back of Chinese-funded infrastructure projects in the African country.
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Experts caution countries from China's debt-trap diplomacy
Updated : 3 years, 10 months ago IST
Colombo [Sri Lanka], May 13 (ANI): With the Sri Lankan economy overburdened with Chinese loans, as per the experts, other countries in the region also need to call upon their own governments to draw the necessary lessons from the Island nation.
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