Search For "china loans"
China falls into its own debt trap as loans under Belt and Road Initiative
Updated : 4 months 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, 1 week 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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China aiding militarization in African countries through loans
Updated : 8 months, 4 weeks ago IST
Beijing [China], May 9 (ANI): The Chinese loans in Africa, which are widely seen as extensions of the country's debt-trap diplomacy are being used by the recipient countries not just for infrastructure spending, but also for militarization, with defence companies from China being one of the
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Geo-political analyst pins blame for Lankan crisis on China's opaque debt-
Updated : 9 months, 2 weeks ago IST
Colombo [Sri Lanka], April 18 (ANI): Asanga Abeyagoonasekera, a geo-political analyst from Sri Lanka, said that China's loan model to Sri Lanka is ambiguous while no one knows the interest rate charged by Beijing for the money lent to the island nation.
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US report warns about China's 'debt book diplomacy'
Updated : 4 years, 8 months ago IST
Washington D.C. [United States of America], May 20 (ANI): The U.S. State Department, has in a secret report commissioned by it recently, warned that China is offering a hundred billion dollars worth of loans to Australia's smaller regional neighbours in a bid to gain economic leverage and st
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