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In April 2023, the Boston University Global Development Policy Center published a brief to analyze eight examples of "supposed debt trap diplomacy cases" by China, and concluded that debt trap diplomacy was not the driver of China’s overseas lending and development finance policies, and that they found no empirical evidence to prove that ...
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]
In December 2021, BBC contacted Bräutigam to give a brief explanation of debt trap diplomacy, an example of it, and why the evidence doesn't support it. The morning after, a BBC broadcast recording used clips of the brief interview with Bräutigam and misrepresented her position on the debt-trap issue, discarding all the evidence she brought ...
The Group of 20 major economies should extend a freeze on official bilateral debt payments by the world's poorest countries through 2021, and permanently reduce the debt load of some of the most ...
China's alleged "neocolonialist intentions" can be disproved by Sri Lanka's Hambantota Port project on the southeast coast of Sri Lanka, one of the most cited examples of debt-trap diplomacy. [251] After an analysis of the Belt and Road Initiative, Papadimitriou concludes that it is "not so much neocolonialism, rather it is economic regionalism ...
The scheme risks becoming a debt trap if the war ends in less than 30 years and Russia’s assets are unfrozen in a peace settlement. There is a better, more flexible alternative.
President Donald Trump will propose cutting billions of dollars in U.S. foreign aid in his fiscal 2021 budget while seeking an increase in funds to counter developing economic threats from China ...
It claims to be the largest port in Sri Lanka after the Port of Colombo and the "biggest port constructed on land to date in the country" and is often cited as an example of China's Debt Trap Diplomacy where the port was leased to pay off Chinese debts. However, in 2017, Sri Lanka experienced a debt distress that was unconnected to Chinese ...