Category: South Asia

By Joe Stenson Chinese engineers and the Taliban government broke ground in Afghanistan on Wednesday on a project to mine the world's second-largest copper deposit after a 16-year delay caused by war. Surveyors estimate Mes ...

Sri Lanka will save $5 billion following the restructuring of its bilateral debt, much of which is owed to China, through slashed interest rates and longer repayment schedules, the president said Tuesday. The island nation defaulted on its foreign borrowings in ...

Sri Lanka's bilateral lenders, who agreed to restructure close to $6 billion in loans, have demanded "comparability of treatment" with other creditors, including China. A statement seen by AFP on Thursday read that the Official Creditor Committee (OCC), led by Japan, ...

By Parvaiz Bukhari Lines on a map once meant little to India's Tibetan herders of the high Himalayas, expertly guiding their goats through even the harshest winters to pastures on age-old seasonal routes. That stopped ...

By Amal Jayasinghe Sri Lanka said on Wednesday it had clinched a restructuring deal with key bilateral lender China and other nations, covering up to $10 billion in debt. This is a critical step towards recovery after the 2022 financial crash.

Sri Lanka has finalized long-delayed debt deals with its bilateral lenders, including China, to meet a key condition of an IMF bailout, the government said Tuesday. A treasury delegation is on its way to France to sign agreements with creditors on ...

The International Monetary Fund released $336 million as part of a bailout loan installment for Sri Lanka despite delays in the crucial restructuring of its foreign debt, including to China, the Washington-based lender said Wednesday. The South Asian nation was starting ...

China on Wednesday congratulated Indian Prime Minister Narendra Modi following his election win, adding it was "ready to work" with its neighbor. Both countries have regularly accused each other of trying to seize territory along their unofficial divide, known as the ...

Pakistan's Prime Minister Shehbaz Sharif will visit China and meet President Xi Jinping next week, Beijing's foreign ministry said on Friday. Beijing is Islamabad's closest regional ally, readily providing financial assistance to bail out its often-struggling neighbor.

Indian Prime Minister Narendra Modi sat down for an interview with the U.S. news outlet Newsweek and made conciliatory remarks on China, calling for stable ties and a resolution of the long-running border dispute between the two countries. Yet while Modi ...

Chinese and Indian diplomats met in Beijing on Wednesday for the 29th round of talks aimed at defusing tensions along their disputed boundary in the Himalayas. The only takeaway from this meeting is that the two sides are actually talking ...

China lodged a formal diplomatic protest with the Indian government over Prime Minister Narendra Modi's visit last weekend to a contested border region that China claims as part of "South Tibet" (Zangnan).  "China strongly deplores and firmly opposes the Indian leader’s visit ...