Tag: Debt-trap

[Free Press Journal]China continues to boost leverage over vulnerable countries as part of its debt-trap diplomacy

[Free Press Journal]China continues to boost leverage over vulnerable countries as part of its debt-trap diplomacy

Beijing China is boosting its leverage over financially vulnerable countries and ensnaring some in sovereignty-eroding debt traps by extending loans with strings attached.The latest to fall prey to China's debt-trap diplomacy is Laos, which recently signed a 25-year concession agreement allowing a majority Chinese-owned company to control its national ...

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