Zambia's debt: Future of Chinese loan

Mar 30, 2021

Lusaka [Zambia], March 30 : Zambia became the first coronavirus-era debt default African nation that has borrowed heavy loans from China in recent years...

Chinese debt casts shadow over Maldives' economy

Sep 17, 2020

Male [Maldives], September 17 : Chinese debt trap has cast a shadow over Maldivian economy with some estimates suggesting that island nation maybe owing...

Laos economic crisis intensifies amid Chinese debt

Oct 12, 2022

Vientiane [Laos], October 12 : The escalating debt crisis in Laos is pushing the country toward a meltdown and even experts believed that Vientiane...

Djibouti struggles to repay Chinese loan, suspends debt repayments

Dec 12, 2022

The World Bank has in its latest report on Djibouti, stated that in 2022, Djibouti's debt servicing costs tripled to USD 184 million from...

Chinese debt trap diplomacy behind Sri Lankan's bankruptcy: Expert

Sep 10, 2022

Brussels [Belgium], September 10 : The debt trap policy of China has affected the Sri Lankan economy as Colombo was declared bankrupt due to...

Madagascar fights for sovereignty amid Chinese debt-trap diplomacy

Oct 15, 2021

Antananarivo [Madagascar], October 15 : China has been striving to trap African nations in its debt diplomacy but Madagascar is now leading the fight...