Critics pushing the “debt trap diplomacy” slogan often downplay the fact that BRI debt is as much a problem for China as it is for borrowing countries. How ineffective foreign investment and ...

China may require little from recipient countries on the front end ... Postulating a Chinese debt-trap scenario for Greenland runs counter to existing evidence, including Greenland’s trade ...

The country’s overall external debts remained over $100 billion at the end of the first quarter of the 2024-25 financial year ...

Take the so-called debt trap frequently mentioned ... For example, Nepal was one of the first countries to sign cooperation documents with China under the BRI. Even before specific cooperation ...

However, some countries, including the US, have labelled the project a "debt trap" for smaller and poorer nations. Beijing has always rejected those accusations, and in response has accused some ...

By Shiran Illanperuma (First part of this article appeared in The Island yesterday (13 Jan.) Sri Lanka in the International Sovereign Bond Debt-Trap Sri Lanka was the original poster child for the ...

China has been infamous for its skewed economic policies and its debt-trap diplomacy. Despite giving developing countries huge loans under the Belt and Road Initiative (BRI); their condition of ...

The loan is part of a so-called debt-trap diplomacy in which China engagest targets infrastructure projects in poorer countries, a it has done to establish its global Belt and Road initiative.

"Trying to fund resilience while falling further into debt is what I call recovery traps," Rehman said. Under the new climate finance deal struck at COP29, rich countries pledged to provide $300 ...

China is working to address a mounting concern that its ambitious infrastructure drive creates debt traps for participating countries, according to people involved in the drafting of a joint ...

A founding member of the All Progressives Congress (APC), Osita Okechukwu, on Sunday appealed to President Bola Tinubu to rescue Nigerians from a debt trap in ... when the country is burdened ...