China entangling Pacific countries in a debt trap accuses US Ambassador to Australia

China entangling Pacific countries in a debt trap accuses US Ambassador to Australia

Canberra: US Ambassador to Australia, Arthur Culvahouse warned ‘China is implementing a policy of trapping the Pacific countries in the vice-like grip of unsecured loans. Although the funds are attractive and easily available to these countries, it is necessary to understand the conditions attached to the loans thoroughly.’ At the same time, he reminded that […]

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Malaysia delivers one more blow to the ambitious Chinese ‘One Belt one Road’ project; scraps $19 billion Rail project

Malaysia delivers one more blow to the ambitious Chinese ‘One Belt one Road’ project; scraps $19 billion Rail project

Kuala Lumpur/Beijing: Malaysian Minister for Economic Affairs, Azmin Ali, announced the closure of the $19 billion railway project, part of the One Belt One Road (OBOR) scheme, saying, ‘It is beyond the capacity of Malaysia, to support the railway project being implemented by China. Therefore, we have decided to cancel the project completely.’  This Malaysian […]

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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 […]

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On the background of President Xi Jinping’s announcement, the huge Chinese investment in Africa caught in a whirlwind of controversy

On the background of President Xi Jinping’s announcement, the huge Chinese investment in Africa caught in a whirlwind of controversy

Beijing: ‘It is time for the African leadership to have a brutally honest self-assessment regarding the relationship with China. Is China following the footsteps of the countries that exploited Africa before?’ Daily Nation Kenya. ‘China is 70th in the list of the Per Capita Income and millions of its citizens are still below poverty line waiting […]

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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 […]

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Malaysian PM Mohamad Mahathir accuses China of new colonialism

Malaysian PM Mohamad Mahathir accuses China of new colonialism

Beijing: Malaysian Prime Minister who announced cancellation of Chinese projects in his country has accused China of colonialism. The Malaysian Prime Minister criticised China saying that those poor countries which cannot compete with the rich nations are falling prey to this colonialism. Prior to this, Prime Minister Mahathir had announced withdrawal from the ‘Chinese One […]

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The Chinese military should be loyal only to the Communist leadership, appeals President Xi Jinping

The Chinese military should be loyal only to the Communist leadership, appeals President Xi Jinping

Beijing: There were reports that the monopolistic rule of President, Xi Jinping was being shaken. President Jinping has indirectly accepted these claims recently, by appealing to the Chinese armed forces. President Jinping delivered a message that the Chinese armed forces should only be committed to the Chinese Communist Party. The appeal bears evidence to the […]

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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 […]

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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 […]

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China lures the Arab countries with $ 23 billion in loans

China lures the Arab countries with $ 23 billion in loans

Beijing: Chinese President Xi Jinping has announced a financial aid of $ 23 billion to 20 Arab countries from the Middle East and Africa. The whole world is talking about how China is trying to entice all the countries around the world into debt using its financial strength. On this background, it is being alleged […]

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