Bangladesh secures USD 2.1 bn in investments, loans and grants from China

Mar 28, 2025

Bangladesh has secured a commitment of USD 2.1 billion in Chinese investments, loans, and grants from the Chinese government and its companies during Chief...

Chinese high-cost loans prime culprit for Lankan economic woes

Apr 19, 2022

Colombo [Sri Lanka], April 19 : Sri Lanka's current economic crisis does not seem to slow down due to its major dependence on Chinese...

China may seize Kenyan asset amid mounting debts

Oct 22, 2022

Nairobi [Kenya], October 22 : Accumulated Chinese loans pushed Kenya near default and Beijing may seize Kenyan assets if it could not pay its...

Colombo crisis fueled by Chinese loans rings alarm for international community

Sep 16, 2022

Colombo [Sri Lanka], September 16 : Sri Lanka's economic crisis has become a wake-up call for the international community as the country has emerged...

Chinese loans to Africa tend to decline during times of crisis

Jun 09, 2022

Brussels [Belgium], June 9 : The Chinese loans to Africa tend to decline during times of crisis and the loan commitment dipped in 2020...

IMF intends to ban Pakistan from seeking more Chinese loans: Reports

Jul 06, 2022

Islamabad [Pakistan], July 6 : The International Monetary Fund (IMF) intends to ban Pakistan from borrowing more from China, according to reports.