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Tuesday, March 19, 2024
TopicChina debt

Topic: China debt

Xi admits ‘headwinds’ staring down Chinese economy — slowdown, unemployment

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.

Why China’s local government debt nearly doubled in 5 yrs, and why problem may get worse

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 can’t catch a break. IMF won’t give loans to ‘clear debt’. China won’t start CPEC

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 role China played in pushing Sri Lanka into a debt trap & what India can do to help

Indian diplomacy needs to be more proactive when it comes to Sri Lanka. China could leverage its position in the current economic crisis.

Sri Lanka slipped by pursuing Chinese prosperity dream. It’s in India’s interest to help it

The Rajapaksa government should have shelved some of the China-funded infrastructure projects, which were high on debt servicing and low on revenue earnings.

India-led Quad can rescue Sri Lanka from its ‘Made in China’ crisis. But timing is key

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.

Evergrande crisis could spell the end of China’s ‘miracle’ growth

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.

Djibouti story resembles Hambantota, has the same Chinese script

Some Djiboutian elites believe their country has the potential to become the ‘Singapore of Africa’ with the help of Chinese investments.

On Camera

Move over Ed Sheeran, Rihanna. The only pop star India wants more of is Diljit Dosanjh

Sheeran’s concert in Mumbai on Saturday was a roaring success. But the most viral moment was when Dosanjh joined him, and brought the house down.

Complaints to RBI ombudsman up 68% in FY23, banks biggest cause for customer grievances

Data shows large public sector banks received highest number of complaints in absolute terms, but fared better than several private banks when looked at on complaints-per-branch basis.

Tiger Triumph-24 — India-US tri-services exercise to boost coordination begins

The exercise will be simulated to undertake HADR operations in a ‘friendly island nation’, where troops will execute amphibious landing ops.

CAA comes not with a bang, but with a whimper. Without NRC, it will fade into academic debate

For BJP, CAA was strategic move that did not quite work out because those it would benefit could’ve been accommodated under existing laws, and new entrants would remain excluded.