New Delhi, May 27 -- Pakistan is among the 75 poorest countries in China's debt trap under President Xi Jinping's Belt and Road Initiative (BRI) and have to repay a record 22 billion Dollars in 2025, a study has said.
''The most vulnerable nations on earth are facing a tidal wave of debt repayments as a Chinese lending boom starts to be called in,'' report has warned.
Vulnerable countries to pay record 22 bn Dollars this year, mostly relating to loans issued under Xi Jinping's belt and road initiative.
The study, published on Tuesday by Australian foreign policy think tank the Lowy Institute and reported by The Guardian said that in 2025 the poorest 75 countries were on the hook for record high debt repayments 22 bn US Dollars to China...