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China debt trap News

16 Jun 2022

DNA: China Debt Trap - After Sri Lanka, now Pakistan's turn?

Rising inflation and economic crisis have increased the difficulties for the Pakistan Government. The situation has become so bad that now they do not even have money to drink tea. Know what the Pakistan Government is doing to deal with this crisis.

07 Apr 2022

DNA: Biggest reason for economic crisis in Sri Lanka?

A major reason behind Sri Lanka's economic crisis is the lack of fertilizers. The Sri Lankan government had recently banned the import of fertilizers because it did not have money.

Sri Lanka Economic Crisis

03 Apr 2022

China's hand behind the economic crisis in Sri Lanka?

Sri Lanka is going through an economic crisis. Due to the economic emergency, people are protesting on the streets. India has also extended a helping hand. But who is responsible for this condition of Sri Lanka?

Sri Lanka Economic Crisis

02 Apr 2022

State of emergency declared in Sri Lanka

The situation in Sri Lanka has become very bad due to the falling economy and inflation. People have taken to the streets. Emergency has been imposed in the whole country. In view of the violence and protests, the President has announced curfew across the country.

03 Jan 2022

Sri Lanka caught in the trap of China's debt policy

It is now becoming difficult for Sri Lanka to get out of the trap of China. On the one hand, COVID has badly affected its economy, on the other hand, China's debt policy is proving to be a new headache for Sri Lanka.

China debt trap

23 Dec 2021

China debt amounts to 45 percent of its GDP

The national debt of the People's Republic of China is the total amount of money owed by the central government, local governments, government branches and state organizations of China. As of 2020, China's total government debt stands at approximately 7 trillion dollar, equivalent to about 45% of GDP

China Pakistan Economic Corridor

19 Aug 2018

CPEC in trouble? Imran Khan's new government preps to raise pressure on China

Imran Khan himself is singing praises about the China-Pakistan friendship. But his party seems to be working on something else.

China debt trap

06 Jun 2018

To avoid China's debt trap, Malaysia to re-examine Belt and Road projects

Malaysia's PM Mahatir Mohamad has said many countries have taken China's easy loans without thinking of how they will repay them.

12 Apr 2018

Pakistan's CPEC port in Gwadar has more challenges than advantages: Report

Connectivity, higher transportation cost and services could prevent Gwadar from succeeding. And, of all things, it may be water that could be the biggest threat.

28 Mar 2018

Rift with US could push Pakistan deeper into China's grip: Report

Being put on the terrorism financing watchlist would lead to a drying up of foreign financing, which could push Islamabad further into China's embrace, which is already raising suspicions in Pakistan.

22 Mar 2018

CPEC impact: Looming China may be driving Western investors away from Pakistan

High-ranking Pakistani official acknowledges that there is fear among Western investors that China could be given preferential treatment.

01 Feb 2018

China embarrasses Pakistan at CPEC expo with huge poster showing Kashmir as part of India

China was forced to replace the poster after hue and cry.

30 Jan 2018

Blow to China: African Union discovers data theft, espionage; ditches Chinese servers

China has reponded characterstically, dismissing the allegation instead of trying to win back the trust.

16 Jan 2018

On CPEC projects, now it is Pakistanis who need security clearance, not foreigners

The highly unusual move comes after a Chinese engineer disappeared last month

12 Dec 2017

CPEC trouble: Pakistan halts work on 3 road projects that China stopped funding

Pakistan's federal minister Ahsan Iqbal told a parliamentary committee that work has been stopped on the 3 projects He said work would resume only after China gives Pakistan the money Revelation from financially-strained Pakistan comes days after Sri Lanka handed over Hambantota Port to China

09 Dec 2017

China wants more control over CPEC, pushing Pakistan Army to take over: European think tank

A Europe-based think tank has said China is pressing for more control over CPEC China's decision to stop funding for 3 road projects aimed at getting Pakistan Army involved, the think tank says China's decision after double snub by civilian government

05 Dec 2017

Roadblock in friendship? Pakistan 'stunned', as China stops funding for 3 CPEC projects, says report

China told Pakistan that it would okay funding only after Bejing issues new procedures Worry for Pakistani officials is that new procedures could affect other CPEC projects as well Pakistan had refused to allow trade in the renminbi at Gwadar soon after refusing funding for a dam in PoK

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