Search For "debt"
China's image declines due debt-trap policy, human rights issues
Updated : 3 years, 8 months ago IST
Kathmandu [Nepal]/Islamabad [Pakistan], July 26 (ANI): China's image as a preferred investor in Asia have suffered due to policies leading to debt traps along with the human rights situation in the country.
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Report says Pakistan is victim of Chinese trade deficit
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 25 (ANI): Merged with a debt trap, the Chinese Belt and Road Initiative has jolted the financial stability of many other countries including Pakistan which faces a severe deficit in trade balance with Beijing.
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Unclear data on Chinese debts poses challenges for Sri Lanka's negotiation
Updated : 3 years, 8 months ago IST
Colombo [Sri Lanka], July 23 (ANI): Newly-appointed Sri Lankan President Ranil Wickremesinghe has a tough task ahead of him negotiating a financial lifeline from the International Monetary Fund (IMF) to help his country combat its worst-ever economic crisis but what makes the process diffic
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Xi congratulates Sri Lanka's new president Wickremesinghe, looks forward t
Updated : 3 years, 8 months ago IST
Colombo [Sri Lanka], July 22 (ANI): China, which turned a blind eye to Sri Lanka while it struggled with the economic and political crisis, is now looking forward to advancing bilateral ties and traditional friendship between the two countries, as evident from President Xi Jinping's congratu
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Karnataka MLA says Congress leaders made enough wealth through Gandhis, ti
Updated : 3 years, 8 months ago IST
Bengaluru (Karnataka) [India], July 22 (ANI): Congress MLA and former Karnataka Assembly Speaker KR Ramesh Kumar has claimed that Congress functionaries have amassed enough money to last for three to four generations by using the names of Nehru, Indira Gandhi and Sonia Gandhi and it was now
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Mirae Asset Mutual Fund launches Mirae Asset Balanced Advantage Fund (An o
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 22 (ANI/PRNewswire): Mirae Asset Mutual Fund, one of the fastest growing fund houses in India, has announced the launch of Mirae Asset Balanced Advantage Fund ("Fund/Scheme"), an open-ended dynamic asset allocation fund.
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Sri Lanka made 'dumb bets' on Chinese investment: CIA chief
Updated : 3 years, 8 months ago IST
Washington [US], July 21 (ANI): The Central Intelligence Agency (CIA) chief has held China responsible for Sri Lanka's economic collapse, saying Colombo's "dumb bets" on high-debt Chinese investment have led to the catastrophic outcomes.
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China's debt trap diplomacy responsible for economic calamity in Sri Lanka
Updated : 3 years, 8 months ago IST
Washington [US], July 20 (ANI): China's debt trap diplomacy has become a major cause of Sri Lanka's unprecedented economic crisis due to the failure of the island nation to take better steps to restructure its debts in dialogue with the IMF.
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Angolan model viewed as early example of Chinese debt-trap tactics
Updated : 3 years, 8 months ago IST
Rome [Italy], July 20 (ANI): Angola is retreating in terms of its relations with China as the relationship was forged by Beijing for purely serving strategic self-interest in the early 2000s, and has been labelled a 'marriage of convenience.
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Sri Lanka's LoP Premadasa urges India to support country irrespective of w
Updated : 3 years, 8 months ago IST
Colombo [Sri Lanka], July 19 (ANI): Sri Lanka's main opposition leader Sajith Premadasa on Tuesday urged India to support the debt-ridden country to overcome the crisis, irrespective of the political developments after the presidential elections scheduled on Wednesday.
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Sri Lanka, China free trade agreement negotiations at a standstill
Updated : 3 years, 8 months ago IST
Colombo [Sri Lanka], July 19 (ANI): A senior government spokesperson of Sri Lanka said that there has been no positive response from China for the proposed debt restructuring programme despite taking steps to hasten the free trade agreement (FTA).
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India has responsibility to help Sri Lanka, says Farooq Abdullah after all
Updated : 3 years, 8 months ago IST
New Delhi [India], July 19 (ANI): Noting that Sri Lanka is "dying" as a nation amid the ongoing economic crisis in the island country, J-K National Conference MP Farooq Abdullah on Tuesday said that India has a responsibility to help them and added that we "will have to fulfil" that onus.
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