New Delhi, June 2 (IANS) Kazakhstan has been resorting to heavy borrowing from China over the last three years and has piled up a huge debt with the communist country that is expected to grow further, a report has said.The trend of aggressive borrowing from China started in 2025, when Kazakhstan obtained over $3.5 billion in credit, increasing the country’s total debt to the PRC to $12.87 billion, according to a report in New York-headquartered Eurasianet.”Over the previous three years, the de…
Latest Panda bonds News & Updates
New Delhi, May 23 (IANS) Pakistan’s external sector has once again exposed the economy’s structural weaknesses amid the ongoing Middle East crisis, according to a new report.Despite short-term economic stabilisation measures, Islamabad has not done much to address deeper issues that continue to constrain its economic potential, according to the report in The Diplomat.Pakistan’s economy appears to be heading toward another challenging phase. “The current account deficit has once again res…
New Delhi, May 21 (IANS) Pakistan’s move to explore Panda bonds has raised concerns over deepening financial dependence on China, even as Islamabad seeks alternative financing channels to manage persistent external sector pressures, a report has said.According to a report by Pakistan Today, the yuan-denominated debt instrument — issued in China’s domestic bond market — is being viewed in Islamabad as a way to diversify funding sources beyond traditional Western lenders and multilateral ins…