Search For "debt trap"
Quest for development pushes developing nations to China's debt trap
Updated : 3 years, 4 months ago IST
Developing countries are moving toward China's debt trap and Daily Times, a Pakistani newspaper, is suggesting Pakistan that necessary measures may be taken to avoid Islamabad going Colombo's way
Read More
Xi's re-election as General Secretary of CCP might witness a world worse t
Updated : 3 years, 4 months ago IST
It is predicted that Chinese premier Xi Jinping's re-election as the General Secretary of the Chinese Communist Party (CCP) and the head of the state for the next five years will witness more hard-lined policies with regard to the economy, foreign relations, human rights and public dissent.
Read More
Pakistan's economy headed for a Sri Lanka-like crisis
Updated : 3 years, 4 months ago IST
Pakistan has a large amount of debt, high inflation, a spike in unemployment and a lot of other macroeconomic problems which clearly show the multiple challenges faced by the country.
Read More
China may seize Kenyan asset amid mounting debts
Updated : 3 years, 5 months ago IST
Nairobi [Kenya], October 22 (ANI): Accumulated Chinese loans pushed Kenya near default and Beijing may seize Kenyan assets if it could not pay its debts.
Read More
China's debt-trap policy threatens progress of China-Myanmar economic cor
Updated : 3 years, 5 months ago IST
Bangkok [Thailand], October 20 (ANI): Growing concerns regarding China's debt trap policy and emergence as a global superpower has started to threaten the progress of a jewel of the initiative, the China-Myanmar Economic Corridor.
Read More
Norway raises concern over precarious situation of Uyghurs in Xinjiang
Updated : 3 years, 5 months ago IST
Oslo [Norway], October 19 (ANI): Nordic countries are increasingly suspicious of China over the human rights violations of Uyghurs in its Xinjiang region. It is running out of favour in the Nordic region.
Read More
China fines Kenya Sh1.31 billion for defaulting on railway loans
Updated : 3 years, 5 months ago IST
Nairobi [Kenya], October 15 (ANI): Chinese banks have fined Kenya 1.312 billion Kenyan shillings in the year ended June for defaults on loans provided to build the standard gauge railway (SGR), according to Treasury documents seen by Business Daily Africa.
Read More
West Asia and North Africa region need to be prudent with Chinese debt-tra
Updated : 3 years, 5 months ago IST
Beijing [China], October 14 (ANI): West Asia and North African regions need to tread cautiously when lending Chinese contracts as by expanding its regional footprints, China is pursuing its policy of gradually laying down the debt trap and turning these regions into its economic colonies, me
Read More
Vietnam's tug of war with China over Laos
Updated : 3 years, 5 months ago IST
Vientiane [Laos], October 13 (ANI): Despite Vietnam's efforts to improve its relationship with Laos, the latter is moving towards China, as the nation is trying to gain benefits from Beijing's economy and Belt and Road Initiative (BRI) infrastructure.
Read More
Laos economic crisis intensifies amid Chinese debt
Updated : 3 years, 5 months ago IST
Vientiane [Laos], October 12 (ANI): The escalating debt crisis in Laos is pushing the country toward a meltdown and even experts believed that Vientiane is on the brink of loan default.
Read More
China's push for railway line with Kyrgyzstan to establish strategic advan
Updated : 3 years, 5 months ago IST
Beijing [China], October 10 (ANI): The construction of the China-Kyrgyzstan-Uzbekistan (CKU) railway project is likely to provide China with a shorter route to Europe while bypassing a sanctions-hit Russia as China succeeded in bringing Kyrgyzstan on board after years.
Read More
G7 targets China's Belt Road and Initiative to curb its global influence
Updated : 3 years, 5 months ago IST
Beijing [China], October 6 (ANI): China tried to project itself as a helping hand to developing countries in the case of infrastructure and economic development through its Belt and Road Initiative but only just to lure them into their debt trap. To counter China's BRI, G7 announced an infra
Read More