Search For "debt diplomacy"
Chinese investment mushrooms in Pakistan, Beijing to set up transport plan
Updated : 3 years, 8 months ago IST
Beijing [China], July 17 (ANI): In continuation of China's debt-diplomacy with Pakistan, a Chinese company Yutong Bus, a large-scale modern Chinese manufacturing company specialising in bus production, has accepted the offer to set up a public transport plant in Sindh.
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Cannot rely on Pak & China, Afghanistan must turn to tested developmen
Updated : 3 years, 8 months ago IST
Kabul [Afghanistan], July 6 (ANI): Afghanistan under the Taliban's fundamentalism is on a rapid path to financial crisis and humanitarian crisis and amid this, the country cannot rely on Pakistan's politically motivated token gestures or on China's debt diplomacy which has wreaked economic
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Sri Lankan economy may take time to revive, vicious trap called 'Chinese L
Updated : 3 years, 10 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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China's booming fortunes in Africa reverses due to Beijing's changing pri
Updated : 4 years, 2 months ago IST
Beijing [China], January 20 (ANI): China's fortunes in Africa are changing with Beijing preoccupied with its slowing economy owning to the impact of the COVID-19 pandemic, trade war with the US and others factors, shifting its strategic priorities writes Sergio Restelli for the Inside Over.
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Prominent Sri Lankan MP Wijeydasa Rajapakshe flays China over debt-trap di
Updated : 4 years, 2 months ago IST
Colombo [Sri Lanka], January 20 (ANI): Prominent Sri Lankan Member of Parliament (MP) Dr Wijeydasa Rajapakshe has accused China of indulging in the economic invasion, corruption and debt-trap diplomacy in the island nation.
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Sri Lanka's foreign exchange crisis gets compounded by China's debt-trap d
Updated : 4 years, 2 months ago IST
Colombo [Sri Lanka], January 13 (ANI): Sri Lanka's foreign exchange crisis is compounded by its inability to meet the financial obligations initiated in co-operation with China on several projects.
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African nations being forced to hand over national assets to China
Updated : 4 years, 3 months ago IST
Kampala [Uganda], December 13 (ANI): Some African nations are being forced to hand over national assets to China due to certain agreements they signed with Beijing years back and ignored crucial clauses in an attempt to show goodwill gesture to the Asian giant.
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Madagascar fights for sovereignty amid Chinese debt-trap diplomacy
Updated : 4 years, 5 months ago IST
Antananarivo [Madagascar], October 15 (ANI): China has been striving to trap African nations in its debt diplomacy but Madagascar is now leading the fight for sovereignty in the African continent.
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China's debt trap diplomacy: Cracks show up in Beijing's 17+1 initiative w
Updated : 4 years, 6 months ago IST
Beijing [China], September 2 (ANI): China has been striving to trap Eastern European nations in its debt diplomacy through the '17+1' initiative but the communist regime's ambitions have been undermined by the recent withdrawal of Lithuania from the infrastructure mechanism as well as sev
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Chinese firm demands billions of shillings from Kenya before handing over
Updated : 4 years, 7 months ago IST
Nairobi [Kenya], August 12 (ANI): A Chinese firm demanded billions of shillings in pending bills that Kenya borrowed to build the modern railway line from Mombasa to Nairobi.
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India has been always first responder in times of need for Maldives, says
Updated : 4 years, 8 months ago IST
New Delhi [India], July 22 (ANI): President-elect of the United Nations General Assembly (UNGA) and current Maldives Foreign Minister Abdullah Shahid, who is on a visit to India, on Thursday said that India has always been the first responder in times of need for the island nation.
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Experts in Nigeria raise concerns over country's rising indebtedness to Ch
Updated : 4 years, 11 months ago IST
Abuja [Nigeria], April 27 (ANI): Experts in Nigeria have raised concerns over the country's rising indebtedness to China, saying that it is a recipe for economic slavery.
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