Chinese President Xi Jinping in his New Year's Eve speech said these issues remained at ‘forefront’ of his mind & that his govt would ‘deliver a better life’ for the Chinese people.
Debt owed by China’s famed local-government financing vehicles (LGFVs) reached roughly $7.8 trillion in 2022, almost double that of 2017, according to IMF report.
Pakistan and IMF are engaged in tough talks in Doha over the $3 billion loan programme. It's just that IMF can see through Debt-ridden Pakistan's designs.
The Rajapaksa government should have shelved some of the China-funded infrastructure projects, which were high on debt servicing and low on revenue earnings.
Chinese foreign minister Wang Yi is touring Sri Lanka that faces an economic crisis and Maldives badly in Beijing's debt. But there’s enough wiggle space for India.
A modified script may now need to be written on China, which has emerged as world’s second-largest economy, and a challenger to the United States in economic and strategic clout.
In tactical terms, the shirtless protest was worse than a self-goal. Suddenly, the fiascos of the AI Summit were forgotten, and the Youth Congress’s disruption became the issue.
IAF is fine with accepting the aircraft with 'must-haves', even if some other steps remain pending, which may take at least another year, it is learnt.
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