Search For "debt trap"
Stung by global criticism of BRI, China finally puts up a defence
Updated : 3 years, 6 months ago IST
Beijing [China], September 9 (ANI): Growing world criticism of China's controversial debt-trap program, the Belt and Road Initiative (BRI), appears to be stinging the communist leadership. For the first time, the government is on the defensive and is offering an explanation that "it is a roa
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Laos debt pressure on rise, owes large sum of foreign debt to China: Exper
Updated : 3 years, 6 months ago IST
Nong Khai [Thailand], September 8 (ANI): The economic situation of Laos continues to worsen as the country is under a severe shortage of foreign reserves and owes a hefty sum of foreign debt to China as the country is suffering from twin deficits, a senior economist at Thailand's Krungsri Re
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Chinese naval base in Cambodia raises security concerns, debt trap threat
Updated : 3 years, 6 months ago IST
Beijing [China], September 7 (ANI): Aiming to establish control and authority over global politics, China's upcoming naval base in Cambodia could be the latest example of establishing and fulfilling Beijing's hegemonic interests in Southeast Asia.
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Bangladesh faces heavy losses due to tax evasion by Chinese companies
Updated : 3 years, 6 months ago IST
Dhaka [Bangladesh], September 7 (ANI): Chinese companies are often found involved in malpractices that cause huge losses to several South Asian countries where they operate.
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Full transcript of Bangladesh PM Sheikh Hasina's interview with ANI
Updated : 3 years, 6 months ago IST
Dhaka [Bangladesh], September 4 (ANI): Bangladesh Prime Minister Sheikh Hasina, in an interview to ANI, said that the country believed in secularism and protecting minorities. She also expressed confidence that Bangladesh was safe from any debt-trap situation that Sri Lanka suffered.
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China lures economically vulnerable nations through debt-trap diplomacy
Updated : 3 years, 6 months ago IST
Beijing [China], September 1 (ANI): China lures economically vulnerable countries by lending finances to them and then leaving the countries with no way to bail themselves out of debt or to make ends meet for their citizens, according to an analysis.
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China lures economically vulnerable nations through debt-trap diplomacy
Updated : 3 years, 6 months ago IST
Beijing [China], August 31 (ANI): China has been luring economically vulnerable and strategically significant nations by lending finances to them through the promise of several development projects, and has emerged as the third largest official creditor in the world.
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Xi's hazy call for 'favourable image' of China to replace 'wolf warrior di
Updated : 3 years, 6 months ago IST
Beijing [China], August 29 (ANI): The "wolf warrior diplomacy" of Chinese authorities has dented China's global image and strained its ties with European and Asian nations alike, said the Policy Research Group (POREG).
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China's debt trap diplomacy causes global alarm over Belt and Road Initiat
Updated : 3 years, 6 months ago IST
Beijing [China], August 29 (ANI): Chinese investment under Belt and Road Initiative (BRI) across the world is causing alarm among the beneficiaries, as China's debt-diplomacy only reaps profits to Beijing while countries are pushed towards an economic crisis.
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Debt trap: Global alarm over Chinese Belt and Road Initiative
Updated : 3 years, 7 months ago IST
Beijing [China], August 18 (ANI): Chinese investment under Belt and Road Initiative (BRI) across the world are causing alarm, including among the beneficiaries, as some realise, at times too late, perils of the debt trap that it entails.
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Joining China-Pakistan Economic Corridor may isolate Taliban: Report
Updated : 3 years, 7 months ago IST
Kabul [Afghanistan], August 15 (ANI): China and Pakistan are planning to rope in a third country in the multibillion-dollar China-Pakistan Economic Corridor (CPEC) infrastructure project, however, Afghanistan's participation in the project will lead to the complete isolation of Taliban from
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"China encourages Nepal to live luxuriously with it on loan", "alarm bell"
Updated : 3 years, 7 months ago IST
Beijing [China], August 10 (ANI): China has been consistently endeavouring to expand its influence in Nepal, analysts said amid fears that China aims to trap the Himalayan nation in a spiral of irrevocable debt without helping Nepal and to use its land. That is why China encourages Nepal to
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