Search For "debt trap diplomacy"
China lures economically vulnerable nations through debt-trap diplomacy
Updated : 3 years, 8 months ago IST
Beijing [China], August 31 (ANI): China has been luring economically vulnerable and strategically significant nations by lending finances to them through the promise of several development projects, and has emerged as the third largest official creditor in the world.
Read More
China's debt trap diplomacy causes global alarm over Belt and Road Initiat
Updated : 3 years, 8 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.
Read More
Debt trap: Global alarm over Chinese Belt and Road Initiative
Updated : 3 years, 9 months ago IST
Beijing [China], August 18 (ANI): Chinese investment under Belt and Road Initiative (BRI) across the world are causing alarm, including among the beneficiaries, as some realise, at times too late, perils of the debt trap that it entails.
Read More
Joining China-Pakistan Economic Corridor may isolate Taliban: Report
Updated : 3 years, 9 months ago IST
Kabul [Afghanistan], August 15 (ANI): China and Pakistan are planning to rope in a third country in the multibillion-dollar China-Pakistan Economic Corridor (CPEC) infrastructure project, however, Afghanistan's participation in the project will lead to the complete isolation of Taliban from
Read More
Laos finds itself in China's 'debt trap': Report
Updated : 3 years, 9 months ago IST
Vientiane [Laos], August 10 (ANI): Laos, a south-east Asian nation is at a high risk of default as the country has taken huge loans from China to build its large-scale infrastructure projects, giving new momentum to the 'debt trap' diplomacy.
Read More
Chinese oil giant Sinopec likely to enter Lankan fuel market amid Beijing'
Updated : 3 years, 9 months ago IST
Beijing [China], August 8 (ANI): As Sri Lanka continues to remain in the Chinese debt trap, the biggest petrochemical company in China, Sinopec, is likely to start retail operations in the Lankan fuel market, local media said citing sources.
Read More
Xi congratulates Sri Lanka's new president Wickremesinghe, looks forward t
Updated : 3 years, 10 months ago IST
Colombo [Sri Lanka], July 22 (ANI): China, which turned a blind eye to Sri Lanka while it struggled with the economic and political crisis, is now looking forward to advancing bilateral ties and traditional friendship between the two countries, as evident from President Xi Jinping's congratu
Read More
China's debt trap diplomacy responsible for economic calamity in Sri Lanka
Updated : 3 years, 10 months ago IST
Washington [US], July 20 (ANI): China's debt trap diplomacy has become a major cause of Sri Lanka's unprecedented economic crisis due to the failure of the island nation to take better steps to restructure its debts in dialogue with the IMF.
Read More
Laos default would give new momentum to China "debt trap" diplomacy
Updated : 3 years, 10 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.
Read More
Nigeria's economy disrupted amid China's debt-trap diplomacy
Updated : 3 years, 10 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.
Read More
Bangladesh protests as China attempts to steal credit for Padma Bridge
Updated : 3 years, 10 months ago IST
Dhaka [Bangladesh], July 8 (ANI): In the run-up to the inauguration of the bridge over the river Padma, Bangladesh has protested vehemently against an attempt by China to steal credit for its construction.
Read More
China wishes to penetrate Africa's political landscape with its 'debt-trap
Updated : 3 years, 10 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.
Read More