Search For "debt trap policy"

China-funded secret railway contract unearthed in Kenya: Report
Updated : 2 months, 3 weeks ago IST
The USD 4.7 billion rail project known as the Standard Gauge Railway starts from Kenya's coastal region, began five years ago and has become the focus of multiple criminal investigations, weighing down the country's economy with debt.
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China's debt-trap policy threatens progress of China-Myanmar economic cor
Updated : 3 months, 1 week 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.
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China looking for new ways to resolve current debt quagmire: Report
Updated : 3 months, 4 weeks ago IST
Beijing [China], October 3 (ANI): After the first version of China's flagship Belt and Road initiative was blocked, Beijing is working on a 2.0 version while being open to accepting some losses on loans and renegotiating debt, something it had been previously unwilling to do, a report said.
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China falls into its own debt trap as loans under Belt and Road Initiative
Updated : 3 months, 4 weeks ago IST
Beijing [China], October 3 (ANI): China is falling into its own debt trap as the country's banks have sharply reduced lending to low-income countries under its flagship Belt and Road initiative (BRI) after the crumbled economies of borrowing countries have left the Asian giant with huge pile
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China's debt trap policy boomerangs amid slowing foreign economies
Updated : 4 months ago IST
Beijing [China], October 1 (ANI): China's debt trap policy has boomeranged with many loans to emerging economies falling into repayment troubles due to financial distress and a slowing economy.
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China uses clever tactics of African countries' loan waiver to change its
Updated : 4 months ago IST
Beijing [China], September 25 (ANI): After eyebrows were raised on China's debt trap policy under its Belt Road Initiative (BRI), it announced a loan waiver for African countries to change the narrative, however, the amount of these loans was not even 1 per cent of its total lending to the c
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Global debate over China's debt trap policy
Updated : 4 months, 2 weeks ago IST
Beijing [China], September 13 (ANI): Amid raising concerns over the Chinese debt trap policy, a strong international debate is being surfaced on the dangers of Beijing's Belt and Road Initiative (BRI) projects in several South Asian countries.
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Chinese debt trap diplomacy behind Sri Lankan's bankruptcy: Expert
Updated : 4 months, 3 weeks ago IST
Brussels [Belgium], September 10 (ANI): The debt trap policy of China has affected the Sri Lankan economy as Colombo was declared bankrupt due to Beijing's Belt and Road Initiative projects in the south Asian country, according to experts.
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China lures economically vulnerable nations through debt-trap diplomacy
Updated : 5 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 : 5 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 image declines due debt-trap policy, human rights issues
Updated : 6 months, 1 week 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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China's debt trap diplomacy responsible for economic calamity in Sri Lanka
Updated : 6 months, 1 week 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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