The Maldives 'debt distress': President Muizzu faces domestic outrage over China affinity
Since winning the 2023 elections banking on an anti-India narrative and coming to power, Maldivian President Mohamed Muizzu has been developing ties with China and distancing from India, calling its long-time ally a "threat to the sovereignty of Maldives."
Colombo: A prominent Sri Lankan politician has warned that he will start a “ChinaGoHome” campaign if the Chinese Embassy and its government do not work for the benefit of his countrymen and fail to restructure debts.
Sri Lanka’s debt to China close to 20 pct of public external debt, reveals study
Colombo: A study has found Sri Lanka owed Chinese lenders $7.4 billion - nearly a fifth of its public external debt - by the end of last year, media reports said on Wednesday.
China reluctant to approve loan to Pakistan citing mounting debt
Expressing concern over Pakistan’s growing debt, China has shown reluctance to approve USD 6 billion loan for the Mainline-I (ML-I) railway track -- the single largest project under the China-Pakistan Economic Corridor -- according to the record of a meeting and senior Pakistani officials, Express Tribune reported.