Debt trap Archives

News Reports

Major embarrassment for Chinese ambassador in Nepal after demanding apology from a journalist for exposing hidden details of Chinese loans, journalist vows to reveal...

OpIndia Staff - 1 June, 2024

After Chinese ambassador to Nepal Chen Song demanded apology, Taksar News chief editor Gajendra Budhathoki said he will publish proof of higher interest rate of Chinese loans to Nepal

World

Nepal caught in China’s debt trap over Pokhara airport deal: Report

ANI - 17 October, 2023

Nepal is the latest victim of China's debt trap policy as it finds itself entangled in significant debt over the Pokhara airport deal.

News Reports

China is ruining the economy of poor countries like Pakistan through its debt trap: Here is how

Dibakar Dutta - 20 May, 2023

China has refuted the allegations and claimed to help developing nations 'overcome difficulties.' Its Foreign Ministry has said that it offers extended loan maturities and emergency loans to such 'poor nations.'

News Reports

Chinese debt trap: World Bank president expresses concerns over Beijing’s loans to developing countries

OpIndia Staff - 5 April, 2023

The World Bank president David Malpass sounded alarm over burgeoning Chinese loans to developing economies.

World

Indian High Comission in Colombo slams China for false insinuation about bullying, interfering in Sri Lankan affairs. Read details

OpIndia Staff - 28 August, 2022

Qi Zhenhong alleged that the decision by the island nation to allow Yuan Wang 5 to berth at the Hambantota port was its sovereign decision.

News Reports

Rahul Gandhi hails China’s Belt and Road Initiative and debt traps as ‘prosperity’, says India-US relations need similar plans

OpIndia Staff - 25 May, 2022

Rahul Gandhi hailed the Chinese debt trap diplomacy and said the India-US relations need a similar plans.

News Reports

China’s plans to undermine sovereignty of nation-States through its ‘debt trap’ policy is beginning to backfire: Report

OpIndia Staff - 27 December, 2021

One Road One Belt (OBOR) has been dubbed as the 'project of the century' by Chinese Premier Xi Jinping.

News Reports

China’s debt-trap diplomacy? BRI participant countries owe over 385 billion USD to China in hidden debt, study reveals

Jinit Jain - 29 September, 2021

China has been using "debt-trap diplomacy" to wield outsize influence on borrowing countries and coerce them into coughing up physical and illegal assets.

News Reports

42 bonded labourers, including 16 children, rescued from two locations in Tamil Nadu

OpIndia Staff - 11 July, 2019

They were forced into bonded labour to repay the money that they had borrowed

Government and Policy

Punjab to get fleet of 400 new luxury cars while reeling under debt of Rs 1.87 lakh crores

Jhankar Mohta - 22 October, 2018

The decision to buy new vehicles, which will be worth Rs 80 crores will be an added burden on the Punjab government

Debt trap

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