Search For "debt trap policy"
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.
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.
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.
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
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.
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
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.
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.
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.
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).
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.
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.