March 23, 2025 12:05 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Lower representation in Parliament will weaken states' political strength: Stalin at delimitation meeting | Lower representation in Parliament will weaken states' political strength: Stalin at delimitation meeting | MK Stalin hosts mega multi-state meeting on delimitation in Chennai, BJP calls it drama | Cash pile accused Justice Yashwant Varma was named in CBI's FIR for alleged corruption, SC junked it later | London: Heathrow Airport resumes operation after substation fire causes power disruption | Bangladesh interim government not planning to ban Sheikh Hasina's Awami League | Fire at Delhi HC judge's house leads to recovery of unaccounted cash, SC collegium acts | Indian researcher Badar Khan Suri won't be deported from US over alleged Hamas link, orders judge | Donald Trump signs order to start dismantling US Education Department | Finland is world's happiest country, India slightly improves its happiness quotient with 118th position
Protests against MCC in Nepal: A chapter from Chinese debt trap playbook

Protests against MCC in Nepal: A chapter from Chinese debt trap playbook

Feb 22, 2022, at 12:06 am

China’s protracted lobbying efforts aimed at blocking international development assistance to smaller countries exposes its bullying behavior.  For firming up its iron grip over such countries, China lures them with debt financing linked with superfluous and unviable infrastructure projects. After these projects get stuck or shelved because of their inherent problems or motivated approach of the financer, the leftover debt imprint is too overwhelming for the vulnerable client countries.

Close menu