Tag Archives: debt trap

Are China’s cheap loans to poor nations a development boost or a debt trap?

ABC NEWS 16 November 2018 by SEAN MANTESSO China is in the midst of a rapid push to gain economic and political ascendancy across the globe — and it...

Encroaching with development

MILLENNIUM POST 25 October 2018 by SUBRATA MAJUMDER China’s debt trap diplomacy is escalating trade colonialism as indebted nations cede control over...

There is a new IMF in town and it’s called China

LIVE MINT 1 October 2018 by RAJRISHI SINGHAL In fact, China has been picking up debt wherever IMF or other multilateral agencies are unable to provide...

Would US-China Spat Hinder Liberia’s Quest For Beijing Funding?

FPA 20 September 2018 by Alpha Daffae Senkpeni Monrovia – The rivalry between Washington and Beijing for global dominance is becoming more palpable...

China Is Loaning Billions of Dollars to African Countries. Here’s Why the U.S. Should Be Worried

TIME 30  August 2018 A flower parterre is set to welcome the upcoming 2018 Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) at Dongdan on August 26, 2018 in Beijing, China. China will host leaders from across Africa for a summit in Beijing. The last summit was held in December 2015 in Johannesburg, South Africa, where Chinese President Xi Jinping announced...

Five years in, China’s Belt and Road looks like a giant debt trap

Freight Waves 28 August 2018 Malaysia canceled China-funded projects worth billions of dollars last week There’s a provocative quote...

Beyond the “Chinese debt trap”

As China’s commercial and military presence grows across Asia, Africa, and the Pacific, other major powers are growing increasingly alarmed about...