News Eritrea Loans: Sri Lanka Seeks Chinese Debt Restructuring Amid Crisis
Published on: Sunday 09 January 2022
News source: https://www.usnews.com/news/world/articles/2022-01-09/china-foreign-minister-in-sri-lanka-to-discuss-belt-and-road
The president of debt-ridden Sri Lanka has asked China for the restructuring of its loans and access to preferential credit for imports of essential goods, as the island nation struggles in the throes ...
News Eritrea Loans: China's foreign minister visits Kenya amid unease over rising debt
Published on: Wednesday 05 January 2022
News source: https://www.reuters.com/world/china/chinas-foreign-minister-visits-kenya-amid-unease-over-rising-debt-2022-01-05/
China's foreign minister began a visit to Kenya on Wednesday, where the government has relied on Chinese loans to develop infrastructure but faces criticism over the resulting debt burden.