China’s ‘debt trap’ is a myth

Facts prove that Chinese loans have not plunged recipient countries into debt, despite Western media reports to the contrary.
China helped fund the Hambantota port in Sri Lanka, but its ambassador to Canada says the loans it gives developing countries to help them build such infrastructure isn't putting them into debt.
Recently, some Western media outlets have been hyping up the idea of China's so-called “debt trap,” claiming that by providing a large number of loans to some African, Asian, and Pacific Island countries, China attempts to gain control over resources, infrastructure, and even the sovereignty of ...

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