Post Tagged with: "China"

China, Samoa and debt-for-equity swaps

China, Samoa and debt-for-equity swaps

Author: Stewart Firth, ANU Last year, Australia discovered the debt owed to Chinese banks by Pacific island countries. As the debate over China?s intentions in the region grew, commentators pointed to the possibility that Pacific countries might be compelled to accept debt-for-equity swaps if they could not repay. The port […]

India needs to keep its friends close and its rivals closer

India needs to keep its friends close and its rivals closer

Author: Deepa Ollapally, George Washington University Despite Prime Minister Narendra Modi?s ?neighbourhood first? policy, India has witnessed some serious and surprising diplomatic setbacks in its near region in the recent past. That this has happened with friends and rivals alike should be a cause for concern for New Delhi. It […]

Can China walk out of economic difficulties by relying on its old playbook of debt?

Can China walk out of economic difficulties by relying on its old playbook of debt?

China is banking on a new wave of debt-fuelled infrastructure spending to arrest a deepening economic slowdown, but the surge in local government debt may complicate Beijing?s long-term efforts of reining in financial risks in its economy. In an unusual move last week, China?s National People?s Congress Standing Committee authorised […]

‘Major changes never seen in a century‘: Xi tells Army to be battle-ready

‘Major changes never seen in a century‘: Xi tells Army to be battle-ready

Shanghai: China's armed forces must strengthen their sense of urgency and do everything they can to prepare for battle, President Xi Jinping told a meeting of top brass on Friday. China is keen to beef up its armed forces amid territorial disputes in the South China Sea and escalating tension […]

Bail revoked: former chemistry student Yukai Yang is jailed for ?trying to flee to China to evade US poisoning case?

Bail revoked: former chemistry student Yukai Yang is jailed for ?trying to flee to China to evade US poisoning case?

Yukai Yang, a former chemistry student at Lehigh University in Pennsylvania who is accused of slowly poisoning his roommate, was ordered held without bail on Friday over allegations he sought to flee to his native China by orchestrating his own deportation to avoid prosecution. Yang must remain in Northampton County […]