Recent Highlights
All Stories for Debt Trap
Sri Lanka borrowing from cash-king China a post-pandemic reality India must accept
Hassank • 4 years agoAll New Delhi can hope for is that next time the Chines comes to collect, Sri Lanka doesn't give up another portion of its sovereign territory, further strengthening the Chinese in India's backyard
India should build ties and rescue Maldives from China’s debt trap, challenge Beijing's might in the Indian Ocean
Vinaykaura • 6 years agoBeijing would again try to re-establish its clout in Maldives through the debt-trap diplomacy. The Modi government should, therefore, come out with a long-term plan for infrastructure development in Maldives.
Infrastructure finance war: Donald Trump rolls out foreign aid bill to counter China; Beijing contacts India for joint projects
Fp Staff • 6 years agoUS officials are worried that countries have been falling victim to what they call China's "debt trap" diplomacy, giving up control of major assets.
Chinese president Xi Jinping announces another $60 bn aid for Africa, dismisses criticism over driving countries into 'debt trap'
• 7 years agoChinese President Xi Jinping on Monday announced a whopping $60 billion in new development financing for the African nations as he sought to refute criticism that the massive funding under Beijing's Belt and Road Initiative (BRI) drawing the countries into a debt trap
As communities in north, east Sri Lanka drown in debt, government struggles to regulate micro-finance
Chathuri Dissanayake • 7 years agoA new loan to repay an earlier loan; the cycle of debt never seems to end for many families in post-war north and east Sri Lanka.
China to continue providing financial help to Sri Lanka under Belt and Road Initiative, dismisses reports of 'debt trap'
• 7 years agoChina vowed to keep providing financial help, including loans, to Sri Lanka despite warnings about the island nation's debt mountain.
'China is using a debt trap as a disciplinary tool to run Maldives': Ex-president Mohamed Nasheed tells Firstpost
Pramod • 7 years agoExiled former Maldivian president Mohamed Nasheed speaks to Firstpost about anti-India designs in his country, Chinese influence and much more
Can't pay your bills? Here's how you can avoid the dreaded debt trap
Fp Archives • 12 years agoDebt should not be taken for acquiring a depreciating asset. An example could be buying a mobile phone or white goods on loan.
Will debt damage Manappuram? A post-RBI peek at the numbers
Shishir Asthana • 13 years agoThe RBI has warned the public against Manappuram's efforts to raise deposits. The company's interest burden is growing twice as fast as income.