Search For "debt trap"
Pakistan, Sri Lanka crises lessons for countries to not fall for China's d
Updated : 3 years, 11 months ago IST
Washington [US], April 12 (ANI): The over-dependence on China for economic development could be a miserable option for any country, and the latest examples of it, are Pakistan and Sri Lanka which have been facing a dire financial crisis at present, according to reports.
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Belt and Road Initiative promises falling apart in Nepal
Updated : 3 years, 11 months ago IST
Kathmandu [Nepal], April 7 (ANI): The superfluous promises made by China to make infrastructure projects in Nepal under 'Belt and Road Initiatives (BRI)' are falling apart.
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Sri Lanka: UN welcomes lifting of State of Emergency
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 7 (ANI): The United Nations on Wednesday welcomed the lifting of the State of Emergency in Sri Lanka, which was imposed for the "maintenance of public order."
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Chinese 'debt trap' adds to Sri Lanka, Pakistan crises
Updated : 3 years, 11 months ago IST
Tel Aviv [Israel], April 7 (ANI): The ongoing crisis in Sri Lanka and Pakistan, fueled by the economic mismanagement by the incumbent governments, has once again brought the focus back to the Chinese "debt trap."
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Sri Lanka caught in a 'strategic debt trap'
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 5 (ANI): Sri Lanka, a flourishing island nation of 22 million, has finally fallen to China's debt-trap diplomacy.
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After ensnaring Sri Lanka in debt trap, China turns a blind eye as country
Updated : 3 years, 11 months ago IST
Geneva [Switzerland], April 4 (ANI): As Sri Lanka faces its worst economic crisis in decades and struggles to pay loans, China turns a blind eye after ensnaring the island nation in a debt trap, said a European-based Think Tank.
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Bangladesh hurt by Chinese workers' disrespect for local sentiments
Updated : 3 years, 12 months ago IST
Dhaka [Bangladesh], March 28 (ANI): Bangladesh is not only falling into the 'debt trap' of China but also the Islamic nation is hurt by the disrespect to its religion by the Chinese workers in the country, media reports said.
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Sri Lanka faces Chinese 'strategic trap': Expert
Updated : 3 years, 12 months ago IST
Colombo [Sri lanka], March 26 (ANI): Amid the ongoing economic crisis in the country, a Sri Lankan expert has held inward policy approaches of the government along with the Chinese 'strategic trap' responsible for the precarious situation, the island country faces.
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Imran Khan requests Chinese premier to refinance loan as economy stays in
Updated : 3 years, 12 months ago IST
Islamabad [Pakistan], March 25 (ANI): Amidst a weakening economy, Pakistan Prime Minister Imran Khan has requested Chinese Premier Li Keqiang to further refinance an RMB 15 billion loan that was extended to the country three years ago for another three years on existing terms and conditions,
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China snares Pakistan in BRI debt trap with high-interest rates, stiff rep
Updated : 3 years, 12 months ago IST
Islamabad [Pakistan], March 24 (ANI): China is snaring Pakistan in the Belt of Road Initiative (BRI) debt trap with high-interest rates, stiff repayment terms and lack of transparency.
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Rajapaksa thanks PM Modi for providing economic assistance to Sri Lanka
Updated : 4 years ago IST
Colombo [Sri Lanka], March 24 (ANI): Sri Lanka Prime Minister Mahinda Rajapaksa has expressed gratitude to Prime Minister Narendra Modi for providing economic development assistance and credit facilities to his country, reported local media.
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COSG, linked to China's People's Liberation Army in financial mess
Updated : 4 years ago IST
Beijing [China], March 22 (ANI): China Overseas Security Group (COSG), linked to China's People's Liberation Army (PLA) is in a financial mess.
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