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484 views • June 28, 2022

Is China‘s 'Belt and Road Initiative' a Debt Trap?

NTD News
NTD News
China’s Belt and Road Initiative has been labeled a form of "debt-trap diplomacy." Western officials have long argued that the initiative benefits China more than the receiving countries. Chinese officials say that Belt and Road projects are business ventures, not aid. Most lending is on commercial terms, and the details are often kept secret.
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