The Chinese ‘Debt Trap’ Is a Myth – The narrative wrongfully portrays both Beijing and the developing countries it deals with.
Friday, July 23rd, 2021By Deborah Brautigam and Meg Rithmire Courtesy The Atlantic China, we are told, inveigles poorer countries into taking out loan after loan to build expensive infrastructure that they can’t afford and that will yield few benefits, all with the end goal of Beijing eventually taking control of these assets from its struggling borrowers. As states around the world […]
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