China offers bailout package to Pakistan, refuses to defer loan repayments of Sri Lanka

Dec 22, 2022

Both Sri Lanka and Pakistan are caught in China's debt track but while China has offered a bailout package to Pakistan, it has refused...

China reluctant to clear USD 6 billion loan for CPEC project

May 09, 2021

Islamabad [Pakistan], May 9 : China has shown reluctance to clear a USD 6 billion loan for the single largest project under the China-Pakistan...

Pakistan braces for worst diesel shortage

Apr 19, 2022

Islamabad [Pakistan], April 19 : Amid the uncertainty surrounding the country's debt-ridden economy, Pakistan Prime Minister Shehbaz Sharif has been warned by experts that...

Scrapping CPEC Authority no panacea for Pakistan from Chinese debt-trap: Report

Apr 28, 2022

Islamabad [Pakistan], April 28 : Even while the newly-elected Shehbaz Sharif government in Pakistan has decided to abolish the China-Pakistan Economic Corridor (CPEC) Authority,...

New Heights of Luxury: The Postcard Hotel announces partnership with Singapore Airlines

Jun 02, 2023

New Delhi [India], June 2: Luxury soars to new heights as The Postcard Hotel and Singapore Airlines announce their partnership and join forces to...

Report says Pakistan is victim of Chinese trade deficit

Jul 25, 2022

Islamabad [Pakistan], July 25 : Merged with a debt trap, the Chinese Belt and Road Initiative has jolted the financial stability of many other...