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China development bank

China development bank

The China Development Bank is a development bank in the People's Republic of China, led by a cabinet minister at the Governor level, under the direct jurisdiction of the State Council.

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China's ambitious BRI project hindered by COVID-19, failure to pay debts
International

China's ambitious BRI project hindered by COVID-19, failure to pay debts

China's ambitious Belt and Road Initiative (BRI) has been greatly affected by the COVID-19 pandemic, with Beijing quietly scaling back the project, particularly in the emerging markets of Africa, due to banks being over-extended and loans not being repaid on time.

China resists disclosing details of loans to developing countries as G-20 demands debt transparency
International

China resists disclosing details of loans to developing countries as G-20 demands debt transparency

Despite pressure from the Group of 20 major economies, Beijing has been resisting to disclose the details on its lending to developing nations as low-income countries have been struggling with their vaccination campaigns.

China resists disclosing details of loans to developing countries as G-20 demands debt transparency
International

China resists disclosing details of loans to developing countries as G-20 demands debt transparency

Despite pressure from the Group of 20 major economies, Beijing has been resisting to disclose the details on its lending to developing nations as low-income countries have been struggling with their vaccination campaigns.

No re-negotiation with China on Hambantota port lease, says Sri Lankan envoy
International

No re-negotiation with China on Hambantota port lease, says Sri Lankan envoy

Sri Lanka's ambassador to China Palitha Kohona on Monday dismissed suggestions that the country is planning to extend a 99-year lease granted to Beijing to run the Hambantota port.

Morocco registers 4,045 new COVID-19 cases, 50 deaths
International

Morocco registers 4,045 new COVID-19 cases, 50 deaths

Morocco announced on Saturday 4,045 new COVID-19 cases, taking the tally in the North African country since March 2 to 194,461.

Chinese banks to get lion's share of RCom resolution, DoT will get zero proceeds
Business

Chinese banks to get lion's share of RCom resolution, DoT will get zero proceeds

,000 crore would get zero proceeds. According to banking sources, Chinese banks namely China Development Bank, China Exim Bank ...

GoI, DoT to get zero proceeds against AGR dues of Rs 30K cr in RCom
Business

GoI, DoT to get zero proceeds against AGR dues of Rs 30K cr in RCom

,000 crore would get zero proceeds. According to banking sources, Chinese banks namely China Development Bank, China Exim Bank ...

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