debt trap
Explainer-Sri Lanka on the edge as debt burden mounts
By Uditha Jayasinghe COLOMBO (Reuters) - Hit hard by the COVID-19 pandemic, Sri Lanka is facing its most serious financial crisis in years, raising doubts about its ability to pay…
Ecuador’s Lasso to visit China in February for debt negotiations
By Alexandra Valencia QUITO (Reuters) - Ecuador's President Guillermo Lasso will travel to China at the start of February to renegotiate terms of the South American country's debt to Beijing,…
Chinese firm demands billions of shillings from Kenya before handing over railway project
Nairobi [Kenya], August 12 (ANI): A Chinese firm demanded billions of shillings in pending bills that Kenya borrowed to build the modern railway line from Mombasa to Nairobi. Bonface Otieno,…
Oil-rich Sudan begins to sense exploitation meted out to them by Chinese
Khartoum [Sudan], August 10 (ANI): China has provided numerous interest-free loans and grants to the Sudanese government for diverse projects, but the country has now begun to sense the exploitation…
Laos concerned about possible ‘debt trap’ as China escalates investment in country
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'.…
Why Pakistan’s Kashmir Obsession is Good for India
To use a business term to describe a national security priority is never a good idea. You can be seen as unfeeling and cold. But unfeeling and cold is what…
Discerning China’s Game Plan
Discerning China's Game Plan “Let China sleep, for when she wakes, she will shake the world” - Napoleon Bonaparte Exactly a year ago, China in a surprise move occupied Finger…
Imran Khan: Between Frying Pan and Fire
Imran Khan: Between Frying Pan and Fire The implosion in the Pakistan Democratic Movement (PDM) is being seen by Imran Khan and his cronies as the fizzling out of the…
Chinese checkers in the Middle East: Play or Perish
Chinese checkers in the Middle East: Play or Perish As the United States vacates some of the foreign outposts, China is moving in to fill up the vacuum at a…
