Search For "debt trap"
China vies for a foothold in Afghanistan through aid to Northern Province
Updated : 4 years, 1 month ago IST
Kabul [Afghanistan], January 23 (ANI): China vies for a foothold in Afghanistan through humanitarian aid to Northern Province as the war-ravaged country continues to face restrictions in getting assistance from other international donor agencies.
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Pak's current account deficit crosses USD 9 bn mark, analysts warn it may
Updated : 4 years, 1 month ago IST
Karachi [Pakistan], January 23 (ANI): Pakistan's current account deficit surpassed USD 9 billion in the first half of the ongoing fiscal year, accounting for 5.7 per cent of the gross domestic product and analysts have expressed concerns over this with some warning that rising current accoun
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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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China's debt-trap diplomacy continues in Africa through Belt Road Initiati
Updated : 4 years, 2 months ago IST
Beijing [China], January 18 (ANI): China's debt-trap diplomacy continues in Africa through the Belt Road Initiative as it gains momentum in the continent through a slew of big infrastructural projects and the criticism of trapping African countries in debt by Chinese lenders is also coming t
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Sri Lanka struggles to repay loans, China's 'debt trap' for developing cou
Updated : 4 years, 2 months ago IST
Beijing [China], January 17 (ANI): China's loans to Sri Lanka have been a contentious subject, with fears that the government would struggle to repay them and that Beijing would use them to challenge India and US influence in the Indo-Pacific region.
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Chinese Foreign Minister's visit to Maldives, Sri Lanka generates fears of
Updated : 4 years, 2 months ago IST
Beijing [China], January 15 (ANI): Amid the continuous rise in COVID-19 cases driven by the Omicron variant across the world, Chinese Foreign Minister Wang Yi visited Maldives and Sri Lanka but failed to make gains as nationalist Sri Lankans and Maldivians felt that their sovereignty is bein
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Syria joins BRI as West continues to criticize Beijing for its debt trap t
Updated : 4 years, 2 months ago IST
Damascus [Syria], January 14 (ANI): Amid rising accusations against China for trapping countries in massive debts with larger infrastructure plans, Syria has joined Beijing's Belt and Road Initiative which Beijing says will open broad horizons of cooperation for the Middle-East country.
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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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China supplied aircraft turns liability for Nepal: report
Updated : 4 years, 3 months ago IST
Kathmandu [Nepal], December 23 (ANI): Chinese aircraft purchased in 2014 has turned into a liability for Nepal due to its functionality and performance, said a media report adding that the sales of this equipment are meant to benefit only Chinese companies and the Himalayan nation finds itse
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G7 concerned about Beijing's 'coercive' economic activities: UK Foreign Mi
Updated : 4 years, 3 months ago IST
London [UK], December 13 (ANI): Hitting out at China's debt-trap diplomacy, the Group of Seven (G7) foreign ministers expressed concerns about Beijing's "coercive" economic policies.
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China accuses MI6 chief of pushing 'fake news' after comments that it targ
Updated : 4 years, 3 months ago IST
London [UK], December 3 (ANI): The Chinese embassy in the UK has targetted the head of Britain's secret intelligence service, accusing Richard Moore of "peddling fake news" after the MI6 chief claimed Beijing targets poor countries with "debt" and "data" traps, a media report said.
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Colombo Port City Project approved in haste, will serve China's strategic
Updated : 4 years, 4 months ago IST
Colombo [Sri Lanka], November 23 (ANI): Colombo Port City Project has been approved in haste by the Sri Lankan government to serve China's strategic interest in the island nation, according to a report by Policy Research Group Strategic Insight.
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