Search For "debt diplomacy"
Amid rising external debt, Egypt planning to swap strategic assets with Ch
Updated : 2 years, 11 months ago IST
It is believed that Egypt's move to swap its debt with China for strategic assets could be a part of its plan to disinvest state-backed assets, reported The Singapore Post.
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Like Sri Lanka and Pakistan, Bhutan will face huge losses if it sides with
Updated : 2 years, 11 months ago IST
China has been toying with Bhutan's sovereignty and territorial integrity for decades, sometimes by showing large parts of Bhutan as part of China, and sometimes by building heavy infrastructure in Bhutan's territory. But mostly by trying to construct illegal sites in the disputed areas. Chi
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China's debt diplomacy threatens African countries natural assets, soverei
Updated : 2 years, 11 months ago IST
Concerns have particularly focused on some clauses that allow Chinese entities to seize property or assets when there are defaults.
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China's "yuan diplomacy": A new form of debt trap
Updated : 2 years, 11 months ago IST
News reports suggested that China has now been trapping African nations into debt and as part of "forgiving" that debt China wants them to use the Chinese CBDC the Digital Yuan for all international commerce, trade and finance payments. By doing so, China has been establishing the Digital Yu
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Will Nepal's communist PM Dahal dance to China's tune?
Updated : 3 years, 2 months ago IST
Pushpa Kamal Dahal "Prachanda who is seen as pro-China, has in the past said a new understanding with India needed to be developed on the basis of a "changed scenario" in Nepal and after addressing all outstanding issues, like a revision of the 1950 Friendship Treaty and resolving Kalapani a
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Kenya's mounting Chinese debts causing serious consequences: Report
Updated : 3 years, 4 months ago IST
Kenya is going through an economic emergency due to mounting Chinese debts leading many to believe that the successive Kenyan governments have over-borrowed for over-priced projects.
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Cambodia needs to tread cautiously in defending China and its debt diploma
Updated : 3 years, 4 months ago IST
Cambodian government is always seen standing against the world for defending China and its debt diplomacy, however, China's debt and security arrangements with Cambodia signal a greater plan for South East Asia.
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China's rise cause of concern for neighbours, developing countries
Updated : 3 years, 5 months ago IST
Beijing [China], October 1 (ANI): China has been on a war path of elevating its status from a regional developing country to a nation that has threatened many of its contemporaries with its economic and militaristic powers.
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Sri Lanka, Pakistan, Maldives stand neck-deep in Chinese debt: Forbes
Updated : 3 years, 6 months ago IST
Colombo [Sri Lanka], September 12 (ANI): Sri Lanka, Pakistan and Maldives are among the biggest debtors of China. Pakistan owes USD 77.3 billion of external debt to China, according to Forbes.
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Chinese lending in Africa laced with ambitions to secure UNGA votes amid T
Updated : 3 years, 6 months ago IST
Beijing [China], September 4 (ANI): China's "debt diplomacy" in Africa is a deliberately created situation so that Beijing can force these poor states to vote with it in the UN General Assembly, support its positions on Taiwan or acquire valuable real estate in Africa that can be converted i
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China's debt trap diplomacy causes global alarm over Belt and Road Initiat
Updated : 3 years, 6 months ago IST
Beijing [China], August 29 (ANI): Chinese investment under Belt and Road Initiative (BRI) across the world is causing alarm among the beneficiaries, as China's debt-diplomacy only reaps profits to Beijing while countries are pushed towards an economic crisis.
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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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