Latest News on Chinese Debt Trap
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Chinese Debt Trap - Total results - 4
Apr 09, 2019
Maldives election: President Ibrahim Solih's thumping victory a positive for India, but dark clouds hover in distanceThe result of the recent election in the Maldives is likely to make a lot of politicians green with envy. From all accounts, it's a landslide win for President Ibrahim Mohamed Solih's Maldivian Democratic Party (MDP)
Nov 29, 2018
US seeks transparency on Chinese debt to cash-strapped Pakistan, asks if IMF bailout will be used to repay BeijingThe United States is seeking transparency of the Chinese debt on Pakistan, which has reached out to the International Monetary Fund (IMF) for a multibillion-dollar bailout package, the Trump Administration told lawmakers on Wednesday.
Nov 24, 2018
As China hands over $3.3 bn invoice to new Maldives govt, Solih administration clueless about scale of Male's debtsOne week after taking power, the new government of the Maldives says it has no idea how much it owes China, which has led a construction spree in the tiny Indian Ocean nation, but fears the debts run up in the past five years could be unsustainable.
May 25, 2017
Pakistan defence spend may rise 30% but its real enemies are Chinese debt trap, povertyA steeper-than-expected rise in defence spend wouldn’t be good news for a crippled economy like Pakistan, largely running on Chinese aid.