Chinese Debt Trap

US seeks transparency on Chinese debt to cash-strapped Pakistan, asks if IMF bailout will be used to repay Beijing

The 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.

As China hands over $3.3 bn invoice to new Maldives govt, Solih administration clueless about scale of Male's debts

One 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.

Pakistan defence spend may rise 30% but its real enemies are Chinese debt trap, poverty

A steeper-than-expected rise in defence spend wouldn’t be good news for a crippled economy like Pakistan, largely running on Chinese aid.