Chinese Debt Trap
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As Maldives Faces Debt Default, China Inks New Finance Pact. Details Here
China and Maldives have signed a new agreement today that allows Beijing to lend more financial support to the already debt-distressed nation. China's central bank has said the pact will also help strengthen trade and investment.
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China Pledges Another $51 Billion For Debt-Distressed Africa - New Debt Trap?
Chinese President Xi Jinping today pledged to step up China's support across the debt-distressed African continent with funding of nearly $51 billion, backing for more infrastructure initiatives and a promise to create at least 1 million jobs.
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Opinion: Maldives Should Avoid China's Debt Trap
Amidst its row with India and President Muizzu opting for China as his first stop, the island nation wants Chinese tourists to make up for losses due to Indian cancellations.
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Bangladesh Careful About Chinese Loans, Says Prime Minister Sheikh Hasina
Bangladesh PM Sheikh Hasina said her government was "very much careful" about issues of development partnership with China and Dhaka was not dependent on any particular country for overseas assistance, amid global concerns over debt to Beijing.
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Centre Silent On Chinese Apps Cheating Indians Of Rs 500 Crore: Congress
The Congress on Tuesday alleged that several Chinese Apps have siphoned off Rs 500 crore after duping lakhs of Indians through debt traps and accused the government of having no strategy to tackle them.
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Pakistan Following Sri Lanka's Path Into Chinese Debt Trap: Report
Pakistan's already fragile economy suffered another setback when recently China demanded repayment, by November 2023, of USD 55.6 million for the Lahore Orange Line Project, reported Italian publication Osservatorio Globalizzazione.
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Chinese 'Debt Trap' Adds To Sri Lanka, Pakistan Crises: Foreign Policy Expert
More than 40 countries have sorely felt the impact of the Chinese benevolence that seems ready to pull their people out of poverty, but instead lands them into debts that multiply and become difficult to be serviced, leave alone repaid, he said.
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'Third Country' Should Not Interfere In China-Sri Lanka Ties: Beijing
Chinese Foreign Minister Wang Yi, who held talks with Sri Lanka's top leadership, said no "third country" should "interfere" in their close ties, in an apparent reference to India's concerns over Beijing's strategic projects in the island nation.
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Pak Indicates It May Rethink 'Debt Trap' Project, China Responds
China on Tuesday sought to defend the massive trade corridor project with Pakistan after Prime Minister Imran Khan reportedly decided to slash Chinese investments and review the multi-billion dollar CPEC project.
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Fearing Debt Trap, Pak Rethinks Chinese 'Silk Road' Projects
After lengthy delays, an $8.2 billion revamp of a colonial-era rail line snaking from the Arabian Sea has become a test of Pakistan's ability to rethink signature Chinese "Silk Road" projects due to debt concerns. The rail megaproject linking the coastal metropolis of Karachi to the northwestern city of Peshawar is China's biggest Belt and Road Ini...
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As China Denies 'Debt Trap' Diplomacy In Africa, Xi Pledges $60 Billion
Chinese funds are not for "vanity projects" in Africa but are to build infrastructure that can remove development bottlenecks, Chinese President Xi Jinping said on Monday, telling Chinese firms they also had to respect local people and the environment
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Nations Look For Gains In China's New Silk Road, Walk Into "Debt Trap"
China's massive and expanding "Belt and Road" trade infrastructure project is running into speed bumps as some countries begin to grumble about being buried under Chinese debt.
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$200 Million Chinese Bridge A Debt Trap, Says Maldives Opposition
The Maldives opposition said Friday that President Abdulla Yameen had pushed the Indian Ocean nation deeper into a Chinese "debt trap" with a new $200 million bridge opened just ahead of the country's election.
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As Maldives Faces Debt Default, China Inks New Finance Pact. Details Here
China and Maldives have signed a new agreement today that allows Beijing to lend more financial support to the already debt-distressed nation. China's central bank has said the pact will also help strengthen trade and investment.
-
China Pledges Another $51 Billion For Debt-Distressed Africa - New Debt Trap?
Chinese President Xi Jinping today pledged to step up China's support across the debt-distressed African continent with funding of nearly $51 billion, backing for more infrastructure initiatives and a promise to create at least 1 million jobs.
-
Opinion: Maldives Should Avoid China's Debt Trap
Amidst its row with India and President Muizzu opting for China as his first stop, the island nation wants Chinese tourists to make up for losses due to Indian cancellations.
-
Bangladesh Careful About Chinese Loans, Says Prime Minister Sheikh Hasina
Bangladesh PM Sheikh Hasina said her government was "very much careful" about issues of development partnership with China and Dhaka was not dependent on any particular country for overseas assistance, amid global concerns over debt to Beijing.
-
Centre Silent On Chinese Apps Cheating Indians Of Rs 500 Crore: Congress
The Congress on Tuesday alleged that several Chinese Apps have siphoned off Rs 500 crore after duping lakhs of Indians through debt traps and accused the government of having no strategy to tackle them.
-
Pakistan Following Sri Lanka's Path Into Chinese Debt Trap: Report
Pakistan's already fragile economy suffered another setback when recently China demanded repayment, by November 2023, of USD 55.6 million for the Lahore Orange Line Project, reported Italian publication Osservatorio Globalizzazione.
-
Chinese 'Debt Trap' Adds To Sri Lanka, Pakistan Crises: Foreign Policy Expert
More than 40 countries have sorely felt the impact of the Chinese benevolence that seems ready to pull their people out of poverty, but instead lands them into debts that multiply and become difficult to be serviced, leave alone repaid, he said.
-
'Third Country' Should Not Interfere In China-Sri Lanka Ties: Beijing
Chinese Foreign Minister Wang Yi, who held talks with Sri Lanka's top leadership, said no "third country" should "interfere" in their close ties, in an apparent reference to India's concerns over Beijing's strategic projects in the island nation.
-
Pak Indicates It May Rethink 'Debt Trap' Project, China Responds
China on Tuesday sought to defend the massive trade corridor project with Pakistan after Prime Minister Imran Khan reportedly decided to slash Chinese investments and review the multi-billion dollar CPEC project.
-
Fearing Debt Trap, Pak Rethinks Chinese 'Silk Road' Projects
After lengthy delays, an $8.2 billion revamp of a colonial-era rail line snaking from the Arabian Sea has become a test of Pakistan's ability to rethink signature Chinese "Silk Road" projects due to debt concerns. The rail megaproject linking the coastal metropolis of Karachi to the northwestern city of Peshawar is China's biggest Belt and Road Ini...
-
As China Denies 'Debt Trap' Diplomacy In Africa, Xi Pledges $60 Billion
Chinese funds are not for "vanity projects" in Africa but are to build infrastructure that can remove development bottlenecks, Chinese President Xi Jinping said on Monday, telling Chinese firms they also had to respect local people and the environment
-
Nations Look For Gains In China's New Silk Road, Walk Into "Debt Trap"
China's massive and expanding "Belt and Road" trade infrastructure project is running into speed bumps as some countries begin to grumble about being buried under Chinese debt.
-
$200 Million Chinese Bridge A Debt Trap, Says Maldives Opposition
The Maldives opposition said Friday that President Abdulla Yameen had pushed the Indian Ocean nation deeper into a Chinese "debt trap" with a new $200 million bridge opened just ahead of the country's election.
