Search For "debt trap diplomacy"
Is Laos next in line to fall victim to China's debt trap diplomacy?
Updated : 1 year, 10 months ago IST
A recent report suggests that the country's debt has nearly doubled, reaching USD 950 million in 2023, up from USD 507 million in 2022. The majority of this debt is owed to China, according to local news outlet, The Laotian Times.
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China's aggressive approach in Sri Lanka's energy sector raises concern ab
Updated : 2 years, 11 months ago IST
Due to its location in the Indian Ocean, Sri Lanka has long been seen as a strategically significant nation by China. For this reason, Beijing has actively boosted its presence and influence in Sri Lanka over the years, especially in the energy industry, Daily Mirror Online reported.
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Has China trapped Afghanistan in its sinister debt trap diplomacy?
Updated : 2 years, 11 months ago IST
After leaving a number of smaller countries 'high and dry', China, the current villain in global politics, has now set its sights on Afghanistan, a war-torn South Asian country that has been facing increasing global marginalisation owing to its appalling human rights track record.
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China weaponizing investment on foreign soil as part of 'debt-trap diploma
Updated : 2 years, 11 months ago IST
Beijing in 2022, sponsored the first-ever Horn of Africa Peace, Good Governance, and Development Conference in the Ethiopian capital of Addis Ababa, which China's ruling Communist Party touted as a "model country" under its USD 126 billion Belt and Road initiative.
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Indonesia becomes more reliant on China, likely to face Sri Lanka-type deb
Updated : 3 years ago IST
Indonesia, the largest economy in Southeast Asia has grown its debt to China over time and used more Chinese yuan in its international trade. Indonesia will find it more challenging to fend off China's escalating aggression in the South China Sea as it becomes more dependent on China, Nepal-
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China's BRI and 'Debt Trap Diplomacy' in African countries
Updated : 3 years ago IST
More than 200 BRI cooperation agreements had been signed by 140 nations at the start of 2021, serving as frameworks for Chinese businesses to construct infrastructure projects like ports, railways, power plants, and telecommunication networks using low-interest Chinese loans to host countrie
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Indonesia worries about whether it might fall into Sri Lanka-like debt tra
Updated : 3 years, 1 month ago IST
Indonesia is worried over the possibility of falling into a debt trap like Sri Lanka by China as the country has seen complaints about the decision to go with China over Japan to build a high-speed railway, reported Nikkei Asia.
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China now bails out countries after pushing them into 'debt-trap'
Updated : 3 years, 1 month ago IST
American officials have accused China of engaging in "debt trap diplomacy" that is saddling countries with excessive debt for construction projects carried out by Chinese companies often using Chinese engineers, Chinese workers and Chinese equipment.
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Chinese investors hesitant to finance new projects in Pakistan amid its di
Updated : 3 years, 2 months ago IST
Beijing is not happy with the strict conditions of the International Monetary Fund (IMF) for the resumption of the USD 6 billion bailout package program, which may exacerbate Pakistan's economic troubles and draw scrutiny to Chinese loans.
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African nations wary of China's soft loan trap
Updated : 3 years, 3 months ago IST
Witnessing the living example of Sri Lanka's economic crisis, African countries, which are caught in China's soft loan trap, are fearing that Beijing won't bail them out, Pardafas.com reported.
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China's huge investments in countries, a front for debt trap diplomacy: Re
Updated : 3 years, 3 months ago IST
China is making huge investments in underdeveloped or poor countries ultimately setting them up for defaulting on China's loans and making compromises to China
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'US must show some sincerity, actually do something to help Sri Lanka': Ch
Updated : 3 years, 3 months ago IST
After US Under Secretary of State for Political Affairs Victoria Nuland during her visit to Sri Lanka said that the terms extended by China to Colombo for IMF debt relief are not enough, the Chinese Foreign Ministry has now retaliated saying that rather than commenting upon Beijing's ties wi
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