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Bank of China offers $300m loan to Sri Lanka

  Bank of China, one of the country's biggest lenders, has offered a loan of $300m to Sri Lanka's government, with the option of increasing...

Indebted Maldives sending envoy to China

  The Maldives foreign minister will visit Beijing before the end of 2018, officials said Wednesday, likely seeking to renegotiate the archipelago's Chinese debt. China has...

Maldives’ new president warns state coffers ‘looted’ after China-led boom

  The new president of the Maldives took office on Saturday, declaring the state coffers to have been looted and warned that the country was...

Are China’s cheap loans to poor nations a development boost or a debt trap?

  This money is used to construct much-needed major infrastructure projects, but what happens when these poorer countries cannot pay China back? Experts warn Beijing is...

Fearing debt trap, Pakistan rethinks Chinese ‘Silk Road’ projects

  ISLAMABAD (Reuters) - After lengthy delays, an $8.2 billion revamp of a colonial-era rail line snaking from the Arabian Sea to the foothills of...

Nations Look For Gains In China’s New Silk Road, Walk Into “Debt Trap”

  China's massive and expanding "Belt and Road" trade infrastructure project is running into speed bumps as some countries begin to grumble about being buried...

China’s “debt trap” is even worse than we thought

  An egotistical president, an influx of foreign cash, and a massive pile of debt led to Sri Lanka handing over an entire port to...