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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 ...
One day before a key meeting of China's anti-graft watchdog, the state broadcaster aired a programme on how grassroots corruption is being crushed, dispelling any notion that China is losing its ...
Debt-trap diplomacy is a term to describe an international financial relationship where a creditor country or institution extends debt to a borrowing nation partially, or solely, to increase the lender's political leverage.
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 ...
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 outposts in the disputed South China Sea are often cited as examples of a "salami slicing" tactic. Map depicts 2015. China's salami slicing (Chinese: 蚕食; pinyin: Cán shí; transl. "nibbling like a silkworm" [1]) is a geopolitical strategy involving a series of small steps allegedly taken by the government of China that would become a larger gain which would have been difficult or ...
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 ...
Writing in 2023, academic and former UK diplomat Kerry Brown states that China's relationship to the Hambantota port has become the opposite of the theorized debt-trap modus operandi. [ 55 ] : 56 Brown observes that China has had to commit more money to the project, expose itself to further risk, and has had to become entangled in complex local ...