Chinese debt is a major risk to our economy, warns RBA governor Philip Lowe

Chinese debt is a major risk to our economy, warns RBA governor Philip Lowe

Canberra: The chief of Australia’s central bank has warned that the increasing built-up of debt in the Chinese economy, who is the biggest trade partner of Australia, can prove dangerous for both the countries. The debt to GDP ratio in the Chinese economy has risen from 100 percent to a staggering 260 percent in the […]

Read More »

US forms International Development Finance Corporation to jolt the ambitious Chinese OBOR scheme

US forms International Development Finance Corporation to jolt the ambitious Chinese OBOR scheme

Washington: The United States has opened a new front against the ambitious scheme, One Belt One Road (OBOR) of the Chinese President Xi Jinping, which is already receiving jolts one after the other. US President Donald Trump signed the ‘Build Act 2018’ and announced the formation of the US International Development Finance Corporation. This is […]

Read More »

Opposition to the Chinese ‘One Belt One Road’ on the rise

Opposition to the Chinese ‘One Belt One Road’ on the rise

Washington/Beijing: While a conference with the African nations has been scheduled to start in the Chinese capital, the opposition to the ambitious project, One Belt One Road (OBOR), planned by President Xi Jinping, is once again on the edge. The international media and study groups have aggressively highlighted the opposition to the OBOR and the […]

Read More »

Prime Minister Mahathir Mohammed indicates cancelling of ambitious Chinese projects in Malaysia

Prime Minister Mahathir Mohammed indicates cancelling of ambitious Chinese projects in Malaysia

Kuala Lumpur: ‘The government feels that two of the ambitious projects initiated by China in Malaysia are unnecessary . These projects don’t seem practical for Malaysia. Therefore, We may cancel these two Chinese projects,’ the Malaysian Prime Minister rocked China with these words. Prime Minister, Mahathir Mohammed has created a sensation by indicating cancellation of […]

Read More »

China will not surrender to the US blackmail, Chinese media showered criticism over US President for his claims

China will not surrender to the US blackmail, Chinese media showered criticism over US President for his claims

Beijing/Washington: Strong reactions have been received against the United States’ claims of its action of imposing taxes being successful. The claims of the US President are just empty optimism and China will not surrender before the United States’ blackmail, warned the Chinese media. As the Chinese media is controlled by the communist regime, this allegation […]

Read More »

Australia-US-Japan form a new front to counter Chinese OBOR

Australia-US-Japan form a new front to counter Chinese OBOR

Canberra: Although China is investing billions of dollars in the ambitious ‘One Belt One Road’ (OBOR) project, its implementation and success has been questioned. The international financial institutions as well as leading analysts and economists are raising questions on the ambitious Chinese project. Against this background, efforts are being made by major countries in the […]

Read More »

China ensnaring countries all over the world into a debt trap, claims a leading US Daily

China ensnaring countries all over the world into a debt trap, claims a leading US Daily

Washington/Beijing: China has succeeded in acquiring a strategic military base within a few hundred miles of the Indian border, by ensnaring Sri Lanka in a debt trap, claimed a leading US daily. In an agreement signed at the end of last year, the Sri Lankan government has leased the Hambantota port and 15,000 acres of […]

Read More »

China conspiring to put India’s neighbours in a debt trap, indicate analysts before the US Congress committee

China conspiring to put India’s neighbours in a debt trap, indicate analysts before the US Congress committee

Washington: A United States study group has expressed grave concern over the tightening Chinese debt trap around India’s neighbouring countries. This warning was issued by the analysts of the ‘International Assessment and Strategy Centre’ in a hearing before the US Congress committee. It was also claimed that China is trying to conspire against India by […]

Read More »
1 2 3