Search For "debt trap"
Andhra Pradesh in debt-trap; failing to attract investment: BJP leader
Updated : 4 years, 4 months ago IST
Hyderabad (Telangana) [India], November 17 (ANI): Bharatiya Janata Party (BJP) leader Lanka Dinakar on Wednesday claimed that Andhra Pradesh is in a debt-trap and is failing to attract investment.
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India should focus on 'SAGAR' to foster maritime ties, convince neighbours
Updated : 4 years, 5 months ago IST
Guwahati (Assam) [India], October 23 (ANI): Amid efforts by China to increase its footprint in the Indian Ocean, Chief of Defence Staff (CDS) General Bipin Rawat said that India should focus on Security and Growth for All in the Region (SAGAR) initiative to foster its relations with its mari
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Madagascar fights for sovereignty amid Chinese debt-trap diplomacy
Updated : 4 years, 5 months ago IST
Antananarivo [Madagascar], October 15 (ANI): China has been striving to trap African nations in its debt diplomacy but Madagascar is now leading the fight for sovereignty in the African continent.
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China's hidden debt, a major problem for borrowers
Updated : 4 years, 5 months ago IST
Beijing [China] October 3 (ANI): Different countries owe at least USD 385 billion amount of debt to China which has slipped through scrutiny of international lenders such as the World Bank and the International Monetary Fund (IMF).
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China's debt trap diplomacy: Cracks show up in Beijing's 17+1 initiative w
Updated : 4 years, 6 months ago IST
Beijing [China], September 2 (ANI): China has been striving to trap Eastern European nations in its debt diplomacy through the '17+1' initiative but the communist regime's ambitions have been undermined by the recent withdrawal of Lithuania from the infrastructure mechanism as well as sev
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China expects part of Montenegro's territory as Podgorica struggles to rep
Updated : 4 years, 6 months ago IST
Beijing [China] August 31 (ANI): Montenegro may be forced to cede part of its territory to Beijing as the country is staggering under USD 1 billion it owes to the Chinese government.
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China debt-traps nations with confidentiality clauses, says report
Updated : 4 years, 7 months ago IST
Beijing [China], August 25 (ANI): China, which is the world's largest creditor, is shockingly using confidentiality clauses barring borrowers from revealing terms and conditions of the engagement or even the existence of the debt itself.
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Laos concerned about possible 'debt trap' as China escalates investment in
Updated : 4 years, 8 months ago IST
Vientiane [Laos] July 13 (ANI): With investments by China in infrastructure projects in Laos increasing, there is growing concern in the Southeast Asian country about falling into a 'debt trap'.
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Bangladesh resists 'debt-trap' of China, avoids Belt and Road Initiative h
Updated : 4 years, 8 months ago IST
Dhaka [Bangladesh], July 11 (ANI): Unlike Pakistan and Sri Lanka, Bangladesh has conducted prudent macro-economic management in order to not fall into any 'debt trap' of China and has avoided the Belt and Road Initiative (BRI) heavy-handedness!
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COVID-19 second wave has pushed vulnerable groups into debt traps, impacte
Updated : 4 years, 8 months ago IST
New Delhi [India], July 2 (ANI): Supriya Kar, a leader of Bijoyini collective of human trafficking survivors in West Bengal, has been forced to raise Rs 55,000 from six different sources to bring her brother back from Malaysia after he lost his job in the second wave of COVID-19.
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China wins majority of mega projects in Africa despite fear of debt-trap d
Updated : 4 years, 10 months ago IST
Beijing [China], May 17 (ANI): Despite accusations of debt-trap diplomacy by Beijing, Chinese companies are winning a majority of mega projects in Africa and account for a large chunk of the revenue of all the major international contractors in the continent.
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China's continues to boost leverage over vulnerable countries as part of i
Updated : 4 years, 10 months ago IST
Beijing [China], May 4 (ANI): China is boosting its leverage over financially vulnerable countries and ensnaring some in sovereignty-eroding debt traps by extending loans with strings attached.
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