China debt diplomacy

Several cases are frequently cited when discussing China’s so-called debt trap diplomacy: Sri Lanka, Laos, and Malaysia. These examples shed light on how China’s strategy plays out in practice.

China has lent over $1 trillion to more than 150 countries as part of its Belt and Road Initiative, making it the world’s largest official creditor.

China is right to say that the World Bank and IMF need to engage in debt relief. Many African debtor countries think the same thing.

Should Greeland continue to move toward independence, the cash-strapped territory would be at high risk of falling prey to Chinese investments that seek to gain influence.

Insights from Brad Parks.

The report shows both the extent of Chinese lending to the region and the agency with which governments have engaged with the BRI.

ASEAN wrestles with Chinese debt and post-pandemic recovery plans.

China’s commitment to economic efficiency has always been colored by a desire to maximize political influence.

China is Cameroon’s largest creditor, with 61 percent of the African country’s external debt owed to Beijing.

Borrower countries have more control over the terms of Chinese loans – including transparency – than the prevailing narrative suggests.

U.S. and Chinese attempts to shape Latin American governments’ lending options raise issues of sovereignty and choice.

At long last, we now know how much poor country governments owe China.