A report by Rhodium Group, on Thursday (June 29) showed that the value of Chinese debt relief dropped by more than 50 per cent between 2021 and 2022. This comes as Beijing, the world’s largest bilateral creditor, has recently backed more multilateral efforts to standardise support for poor nations.

China slows down debt relief, shows support for multilateral approach: Report

Kenya's new President William Ruto released loan documents related to a controversial Chinese railway project that his predecessor's government fought a years-long battle in the courts to keep classified.

Kenya discloses loan documents of Chinese-built railway amid looming debt crisis

Pakistan has secured a $1.7 billion debt relief agreement to help offset the financial headwinds sparked by the coronavirus pandemic, officials said Monday. The deal, following months of negotiations with creditors, will provide a moratorium on debt payments for large swathes of the current fiscal year and help ease the cash-strapped country's massive financial obligations.

Pakistan signs $1.7 billion debt relief deal

Pakistan has returned $1 billion to Saudi Arabia as the second installment of a $3 billion soft loan, as Islamabad reaches out to Beijing for a commercial loan to help it offset pressure to repay another $1 billion to Riyadh next month, officials said on Wednesday.

Pakistan returns $1 billion of Saudi Arabia's soft loan, officials say

China is using a new form of colonialism to scheme its way into countries as a part of its expansionist policy. To fulfil its aim of becoming a true global power, China is utilising investment, influence, and interference as its secret weapons.

Why is Chinese colonisation a severe threat for foreign countries

Chinese cash is turning into kryptonite as all around the world chinese investors are either facing bans or going bust, and the losses are piling up. Chinese companies were on a buying spree right before the novel coronavirus broke out.

Economic distancing: Chinese companies face debts in post-pandemic world

China's quest for global dominance has inspired an espionage ring bigger than the cold war era. Beijing is not just spying through Huawei, but it is also trying to extract secrets through sex.

Sexpionage, one of China's weapons to extract secrets

In an attempt to avoid China's debt trap, Myanmar could prioritise infrastructure projects backed by India. WION's Palki Sharma why Myanmar is wary of the dragon's infrastructure push.

Gravitas: Avoiding China's debt trap | Myanmar to prioritise India-backed infra projects

China, the originator of coronavirus, would make you believe that they've put the pandemic behind them, however, there is a deep, systemic infection that is ailing the Chinese economy and it stems from the banks.

Will China's bad loan crisis lead to the collapse of its economy?

An expert committee on Thursday suggested Sri Lankan president Gotabaya Rajapaksa to not accept aid from the United States.

China caught in its own debt trap policy?

The Coronavirus pandemic has triggered a major crisis for China. Countries under Chinese debt are demanding relief. Beijing has paused debt repayment for 77 countries. But, there is a growing demand for waivers. Is China caught in its own debt trap? WION's Executive Editor Palki Sharma Upadhyay tells you more.

Gravitas: Is China caught in its own debt trap?

An expert committee on Thursday suggested Sri Lankan president Gotabaya Rajapaksa to not accept aid from the United States. The Millennium Challenge Corporation, which is an American program of foreign assistance to counter China's debt-trap, had offered assistance to Sri Lanka.

China caught in its own debt-trap

The news that Nepal has tabled a Bill in Parliament to alter the country’s map which shows Lipulekh, Kalapani and Limpiyadhura as part of its territory, has shocked many people, particularly in India.

Is Nepal falling into China's debt trap?

After the Coronavirus outbreak, a flood of debt relief requests has hit China. Several countries participating in the Belt and Road initiative are looking for complete waivers. WION's Palki Sharma tells you how China is now caught in its own debt trap.

Gravitas: Flood of debt relief requests hits China

Desperate for cash, Tajikistan is about to sell yet another vital asset to China at a time that countries like Sri Lanka and the Maldives are demanding renegotiation of debt settlements that either forced them to surrender control of critical infrastructure or left them with unsustainable repayments.

China struggles to fend off allegations of debt trap diplomacy

Italy has planned to sign a memorandum of understanding to become part of China's Belt and Road Initiative, the Financial Times reported on Tuesday. "The negotiation is not over yet, but it is possible that it will be concluded in time for [Xi's] visit," the newspaper reported quoting Michele Geraci, the undersecretary in the Italian economic development ministry.

Italy plans to join China's Belt and Road Initiative: Report

The recent defeat of pro-China government in Maldives has added to the list of the nations who have developed an anti-China rhetoric in South Asia. Amid rising concerns that the country may fall into a debt trap, Ibrahim Mohamed Solih, during the election campaign, had assured the people that his government would review Chinese investment.

Is South Asia losing faith in China? 

The delegation toured the Port of Colombo, a critical strategic location in the Indian Ocean, and extensive infrastructure projects financed by loans from China and managed by Chinese companies.

Amid concerns over China's 'debt trap diplomacy', US lawmakers visit Sri Lanka

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