Is the Belt and Road Initiative a ‘debt trap’?

CGTN
Published on Mar 4, 2019

Sri Lanka borrowed 1.5 billion U.S. dollars from China to build its Hambantota Port. It’s just one of the ways that the world’s second largest economy is investing tens of billions of U.S. dollars in countries around the world to build trade and infrastructure facilities as part of its Belt and Road Initiative (BRI). However, as the initiative enters its sixth year, the chorus of it being a “debt trap” continues to grow louder.

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