debt trap diplomacy

While FOCAC showcased ambitious plans for mutual economic growth, a more intricate dynamic lies beneath, reminiscent of an octopus’ embrace – tightening, entangling, and often constricting. 

Laos is disturbingly reliant on investment from China – and no one knows how much, and under what terms. 

China may require little from recipient countries on the front end. But choosing to engage with China is far from cost-free. 

African countries have the agency to use relations with China to their own advantage. Whether African leaders will use their power to benefit their people is another question.

Postulating a Chinese debt-trap scenario for Greenland runs counter to existing evidence, including Greenland’s trade interests, Denmark’s ongoing policies, and the growing role of the US.

The $5.9 billion railway, an impressive feat of Chinese engineering, is set to tie Laos ever closer to its northern neighbor.

While there's room for improvement, there is little evidence that the BRI is something to fear.

How ineffective foreign investment and corrupt state elites pose a threat to the sovereignty of Central Asia’s poorest nation.

The authors’ recent book, which includes a survey of opinion leaders from BRI stakeholder countries, debunks the “debt-trap diplomacy” thesis.

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

The US has begun to copy questionable Chinese behaviors, from aggressive diplomatic criticism to forcing sell-offs and joint ventures.

Its economy battered by COVID-19, the nation's sovereign reserves have fallen to less than $1 billion, putting it on the brink of default.

Insights from Linda Calabrese.

More than an overstated “debt trap,” Sri Lanka should consider the environmental and labor impacts of Chinese investment.

The new president’s election manifesto pledged to “revisit” the 99 year lease transfer of Hambantota port.

China could share its experience in fintech to help developing countries raise their tax income.

Can East Asia come together to strengthen its financial system?

Sri Lanka’s debt crisis and Chinese loans – separating myth from reality.

The debt trap isn’t a national strategy. Instead, unchecked profit motive is driving Chinese firms to exploit poor nations.

Is Beijing really seeking to buy political influence abroad?

A blueprint for Sri Lanka’s foreign policy.

The strategy seems to be more about competing with China than benefiting African countries.

Trump's economic war against China is deeply corrosive for U.S. influence in bodies like the G-20.