Search For "exim bank of china"
China assures it will back Sri Lanka's debt restructuring: President on IM
Updated : 3 years, 5 months ago IST
Making a special address in Parliament, the President said that the EXIM Bank of China last night handed over a new letter of assurance pertaining to Sri Lanka's debt restructuring, according to Newswire.
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Debt relief reiterated by China to Sri Lanka falls short of overall burden
Updated : 3 years, 6 months ago IST
EXIM Bank of China, as the official bilateral creditor, provided a financing support document to the Ministry of Finance, Economic Stabilisation and National Policies of Sri Lanka, saying it is going to provide an extension on the debt service due in 2022 and 2023.
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China plays catch-up with India in Sri Lanka; fails
Updated : 3 years, 7 months ago IST
This development comes a few days after India backed the island nation's efforts to secure a loan from the global lender, as the country seeks assurances that debt will be restructured as per the IMF programme.
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Pakistan railway project hanging in balance as China delays finance
Updated : 4 years, 6 months ago IST
Islamabad [Pakistan], February 23 (ANI): Pakistan railway line project, Main Line (ML-1), is hanging in the balance owing to the financial delays by Exim Bank of China.
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Chinese firm demands billions of shillings from Kenya before handing over
Updated : 5 years ago IST
Nairobi [Kenya], August 12 (ANI): A Chinese firm demanded billions of shillings in pending bills that Kenya borrowed to build the modern railway line from Mombasa to Nairobi.
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Chinese bank to review USD 6 bn loan for Pakistan's ML-1 railway project
Updated : 5 years, 4 months ago IST
Beijing [China], April 24 (ANI): The Chinese government has sent Pakistan's first modern railways' infrastructure project -- Main Line-1 (ML-1) -- to the Exim Bank of China for approval of a USD 6 billion loan.
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