Search For "debt trap"
Chinese state-owned oil firms occupying Myanmar territory in wake of devel
Updated : 4 years ago IST
Naypyidaw [Myanmar], March 11 (ANI): The Chinese state-owned companies during implementation of the FDI in oil and gas project in Myanmar have illegally acquired land by violating existing laws.
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Pakistan's foreign debt at record high, country plunged into economic chao
Updated : 4 years ago IST
Islamabad [Pakistan], February 25 (ANI): Pakistan's economy is already crumbling and amid this, the country's Foreign Debt has jumped to a record USD 13.1 billion in the first seven months of the current fiscal year.
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China's protracted lobbying efforts aimed at blocking US Millennium Challe
Updated : 4 years, 1 month ago IST
Kathmandu [Nepal], February 21 (ANI): China's protracted lobbying efforts are aimed at blocking US Millennium Challenge Corporation (MCC) USD 500-million infrastructure grant project to Nepal.
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Chinese company funds TikTok account for Sri Lankan embassy in Beijing
Updated : 4 years, 1 month ago IST
Beijing [China], February 20 (ANI): A Chinese company -- CITS Overseas Economic Cooperation Co Ltd-- is funding the TikTok account of the Sri Lankan embassy in Beijing.
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Sri Lanka getting closer to India to deal with Chinese 'debt trap'
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], February 20 (ANI): Sri Lanka is moving away from China while getting close to India over the failure of Colombo to pay back Chinese loans worth USD 4.5 billion, amidst fears of a "debt trap".
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Syria's economic revival from China's BRI may lead war-torn country into d
Updated : 4 years, 1 month ago IST
Beijing [China], February 20 (ANI): Syria has joined China's 'Belt and Road Initiative' (BRI) in desperation to revive its economy but it may lead the war-torn country into a vicious debt trap like several other countries.
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Future leadership in Sri Lanka may cancel all corrupt Chinese projects, sa
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], February 11 (ANI): Hambantota Port is a contentious issue between Sri Lanka and China and the future leadership in Sri Lanka could cancel all corrupt Chinese projects and deals.
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IMF loans can compromise Pakistan's economic sovereignty, says expert
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 10 (ANI): The International Monetary Fund (IMF) has agreed to provide a USD 6 billion bailout package for Pakistan, but it can adversely affect common livelihoods and can compromise Pakistan's economic sovereignty.
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China using vaccine diplomacy to gain foothold in political, economic sphe
Updated : 4 years, 1 month ago IST
Kathmandu [Nepal], February 10 (ANI): Nepal is falling into the Chinese debt trap through vaccine diplomacy amid COVID-19 as Beijing is exploiting Kathmandu's helplessness to have control over its natural resources and even on its foreign policy.
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China-backed Colombo port city under scanner over row on visiting charges
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], February 8 (ANI): China-backed Colombo Port City has again come under the spotlight for wrong reasons after the authorities broke their promise and imposed variable charges on the people visiting the site.
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Sri Lanka needs to save its economy from China's debt-trap policy: Report
Updated : 4 years, 1 month ago IST
Washington [US] February 7 (ANI): Amid the ongoing economic downturn in Sri Lanka, the Washington-based group Global Strat View said that the island nation has to rethink seriously to save its economy, which analysts say have fallen into China's debt-trap policy.
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Bangladesh FM Abdul Momen rejects "debt trap" claim on China-Bangladesh co
Updated : 4 years, 1 month ago IST
Dhaka [Bangladesh], February 6 (ANI): Bangladesh Foreign Minister AK Abdul Momen has brushed aside the claim that Dhaka is falling into a Chinese "debt trap", reported Xinhua.
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