Central African Republic, Republic of Congo and Chad -- aimed to enhance economic development through regional integration. Saturday's event also offered the leaders an opportunity to consider how regional integration and development can be achieved under the China-proposed Belt and Road Initiative (BR...
The original definition of debt trap is that a debtor accepts an enticing loan with a certain interest rate and then is trapped in a long-term debt obligation. In response to whether the initiative is a debt trap, Shaukat Aziz, ...
BRUSSELS, April 26 (Xinhua) -- Ambassador Zhang Ming, head of the Chinese Mission to the European Union (EU), has dismissed the accusations regarding the China-proposed Belt and Road Initiative (BRI), saying the so-called China's debt trap "is not a suitable hat for China, nor for the...
He said the "debt trap concern" was an apparent bid to smear China's Belt and Road Initiative and deter the cooperation between China and Bangladesh or other countries in the region and beyond. "You have to have 40 percent loan if you want to get into a debt trap," said the minister,...
China’s debt trap? The true story of Hambantota The fate of Hambantota port, which the Sri Lankan government leased to a Chinese firm for 99 years, has been hotly debated since the launch of the Belt and Road Initiative (BRI). Western experts and media have used the port as proof that...
The fate of Hambantota port, which the Sri Lankan government leased to a Chinese firm for 99 years, has been hotly debated since the launch of the Belt and Road Initiative (BRI). Western experts and media have used the port as proof that China is using the BRI as a tool for creating ...
belt and road initiative, and china now ranks as south america's top trading partner and the second-largest for latin america as a whole, after the us. but that partnership does not target the us. that the comprehensive coope...
China’s approach of issuing productive credit to these nations will help them escape the debt trap in which they have been ensnared for a long time. China and the BRI are part of the solution to debt problems rather than their cause. Nov 25, 2024 China & The WorldPoliticsEconomy Chancay...
debt-trap diplomacyIndiaThis article argues that China's Belt and Road Initiative (BRI) can be understood via the lens of regional ordering, whereby China attempts to redefine the shared goals and values for the region of Eurasia and to socialise regional states into the new values in order ...
Both distort Belt and Road's unique contribution and true worth to the world. I cannot here explore these contradictory views – but I will say that Western research has debunked the debt-trap charge, and Belt and Road brings China multiple benefits, including business for Chinese...