Search For "debt trap"
India has always respected Maldives' sovereignty: Former president Nasheed
Updated : 6 years ago IST
Kevadia (Gujarat) [India], Feb 29 (ANI): India has always respected Maldives' sovereignty and treated it as an equal, said Maldivian Speaker of Parliament Mohamed Nasheed on Friday.
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CPEC will leave thousands jobless in Gilgit Baltistan: Analyst
Updated : 6 years, 7 months ago IST
Amsterdam, [Netherlands] Aug 3 (ANI): The much-publicised China Pakistan Economic Corridor (CPEC) will not only put Pakistan in China's colossal debt-trap, but it will also render more than 10,000 people of Gilgit Baltistan jobless due to the massive influx of Chinese working hand, said Yoan
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Chinese investments in Pak under BRI initiative risky, says expert
Updated : 6 years, 10 months ago IST
Cambridge [USA], May 24 (ANI): A Chinese-born American professor has raised apprehensions that China may be at risk of falling into a trap with its Belt and Road Initiative, as its heavy investments in countries like Pakistan are unsafe.
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CPEC is pushing Pakistan deficit to "unsustainable levels": EFSAS
Updated : 6 years, 10 months ago IST
Groningen [Netherland], Apr 30 (ANI) China through its "debt trap diplomacy" and the China-Pakistan Economic Corridor (CPEC), has pushed Pakistan's deficit to "unsustainable levels", said European Foundation for South Asian Studies (EFSAS).
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China's OBOR expectations look gloomy: Expert
Updated : 7 years, 2 months ago IST
Beijing [China], Jan 1 (ANI): With some African countries caught in a debt trap due to China's ambitious One Belt One Road Initiative (OBOR) and even Malaysia backing out of two China-backed multi-billion connectivity projects, the prospects of the trans-continent corridor project look dim,
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Is China's BRI a debt trap?
Updated : 7 years, 6 months ago IST
Kathmandu [Nepal], Sept 18 (ANI): China could emerge as a neo-colonial power in the new world order if its landmark Belt and Road Initiative (BRI), at some instances, appears to be guided by the colonial philosophy that was followed by the Europeans.
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Myanmar cuts Chinese investment in Port project
Updated : 7 years, 7 months ago IST
Beijing [China], Aug 21 (ANI): Myanmar's deputy Minister of Finance Set Aung recently announced the downsizing of the Kyaukpyu Deepwater Port project, a part of China's One Belt One Road programme over concerns about falling into a debt trap.
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Is Pakistan on back foot after China's 'debt-trap diplomacy'?
Updated : 7 years, 8 months ago IST
Islamabad [Pakistan], July 26 (ANI): In a win-win situation for China, its longtime friendly neighbour Pakistan - currently awaiting its new government post July 25 general election - is reportedly in huge debt crisis because of the USD 62 billion China-Pakistan Economic Corridor (CPEC) plan
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Pak going Sri Lankan way: Will it become a victim to Chinese debt trap?
Updated : 7 years, 8 months ago IST
Islamabad [Pakistan], June 28 (ANI): People these days wonder if Pakistan has started going the way of Sri Lanka with its growing engagement with China and in regard to taking loans and working in close cooperation with the latter.
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Chinese diplomat pressured Oz channel to cancel program
Updated : 7 years, 9 months ago IST
Hong Kong [China], June 25 (ANI): An Australian television channel's repeated moves to highlight China's so-called expansionist designs in the Pacific region through what is now being popularly referred to as "debt trap diplomacy", recently invited the ire of the Chinese embassy in Canberra.
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Chinese loans placing South Asia in debt trap
Updated : 7 years, 9 months ago IST
Kathmandu [Nepal], June 22 (ANI): The trade deficit in South Asian countries such as Nepal, Myanmar and Pakistan with China is rising year-on-year, in spite of Beijing extending bilateral loans to them by significant amounts.
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KCR Govt to ensure measures to support farmers in Telangana
Updated : 7 years, 9 months ago IST
Hyderabad (Telangana) [India], May 30 (ANI): In a bid to strengthen the condition of farmers, Telangana Chief Minister K. Chandrashekhar Rao-led state government has decided to provide investment support to rescue the farmers from debt trap.
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