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An October 2019 report by the Lowy Institute said that China had not engaged in deliberate actions in the Pacific which justified accusations of debt-trap diplomacy (based on contemporaneous evidence), and China had not been the primary driver behind rising debt risks in the Pacific; the report expressed concern about the scale of the country's ...
China wants to counter the idea that the BRI - a scheme to connect Asia with Africa and Europe through infrastructure and other investment - is a form of "debt trap diplomacy", making loans some ...
China's overseas lending is not a "debt trap", former central bank governor Zhou Xiaochuan has said, after two of the world's biggest international financial institutions warned of growing credit ...
As part of its efforts to repay Beijing, Colombo handed it over control of a strategic port, in a move often referenced by BRI critics as an example of China's “debt trap” diplomacy.
China financed Hambantota International Port in Sri Lanka, which drew allegations of debt-trap diplomacy when Sri Lanka defaulted on its loans and China took control of the port for 99 years. [39] Some western analysts have suggested China's debt-trap diplomacy may hide hegemonic intentions and challenges to states' sovereignty. [40]
Chellaney coined the term debt-trap diplomacy to describe how the Chinese government leverages the debt burden of smaller countries for geopolitical ends. [15] [16] He saw 'debt trap diplomacy' in China's handling of Sri Lanka's debt distress by taking over its Hambantota port on a long-term lease. [17]
The BRI has drawn criticism from some observers who charge that China is using “debt trap ” diplomacy meant to lure and force countries into a subservient relationship with Beijing, though ...
Garver, John W. China's Quest: The History of the Foreign Relations of the People's Republic (2nd ed. 2018) comprehensive scholarly history. excerpt; Garver, John W. Foreign relations of the People's Republic of China (1992) online; Hu, Weixing. "Xi Jinping's 'Major Country Diplomacy': The Role of Leadership in Foreign Policy Transformation."