Search For "debt trap"
Updated : 2 weeks ago IST
Beijing [China], September 2 (ANI): China has been striving to trap Eastern European nations in its debt diplomacy through the '17+1' initiative but the communist regime's ambitions have been undermined by the recent withdrawal of Lithuania from the infrastructure mechanism as well as sev
Updated : 2 weeks, 2 days ago IST
Beijing [China] August 31 (ANI): Montenegro may be forced to cede part of its territory to Beijing as the country is staggering under USD 1 billion it owes to the Chinese government.
Updated : 3 weeks, 2 days ago IST
Beijing [China], August 25 (ANI): China, which is the world's largest creditor, is shockingly using confidentiality clauses barring borrowers from revealing terms and conditions of the engagement or even the existence of the debt itself.
Updated : 2 months ago IST
Vientiane [Laos] July 13 (ANI): With investments by China in infrastructure projects in Laos increasing, there is growing concern in the Southeast Asian country about falling into a 'debt trap'.
Updated : 2 months, 1 week ago IST
Dhaka [Bangladesh], July 11 (ANI): Unlike Pakistan and Sri Lanka, Bangladesh has conducted prudent macro-economic management in order to not fall into any 'debt trap' of China and has avoided the Belt and Road Initiative (BRI) heavy-handedness!
Updated : 2 months, 2 weeks ago IST
New Delhi [India], July 2 (ANI): Supriya Kar, a leader of Bijoyini collective of human trafficking survivors in West Bengal, has been forced to raise Rs 55,000 from six different sources to bring her brother back from Malaysia after he lost his job in the second wave of COVID-19.
Updated : 4 months ago IST
Beijing [China], May 17 (ANI): Despite accusations of debt-trap diplomacy by Beijing, Chinese companies are winning a majority of mega projects in Africa and account for a large chunk of the revenue of all the major international contractors in the continent.
Updated : 4 months, 2 weeks ago IST
Beijing [China], May 4 (ANI): China is boosting its leverage over financially vulnerable countries and ensnaring some in sovereignty-eroding debt traps by extending loans with strings attached.
Updated : 5 months, 1 week ago IST
Beijing [China], April 7 (ANI): Despite Chinese President Xi Jinping's Belt and Road Initiative (BRI) touted as a 'win-win' step over 140 targeted countries across the globe, recipient countries have realised that Beijing's aid was not as much of a kind gesture as they had hoped, hitting Bei
Updated : 6 months ago IST
Hyderabad (Telangana) [India], March 19 (ANI): Telangana Congress Legislative Party (CLP) Leader Batti Vikramarka on Thursday said the state government is taking around Rs 50,000 crores as loans every year and claimed that Telangana may land into a "debt trap" if this continues.
Updated : 6 months, 3 weeks ago IST
Dhaka [Bangladesh], February 26 (ANI): The Bangladesh Railways Ministry on Thursday dismissed allegations made by China Railway Group Ltd (CREC), the contractor for the Padma Bridge Rail Link Project (PBRLP), that a fund crisis had slowed down the implementation of the project, reported Dhak
Peshawar [Pakistan], February 25 (ANI): In China's debt-trap diplomacy, Pakistan is struggling to repay loans for power projects under President Xi Jinping's Belt and Road Initiative (BRI) and seeks to reschedule as much as USD 22 billion in outstanding credits.