Infrastructure

China offers Belt and Road debt-trap antidote

China hopes a new framework might help countries avoid unsustainable levels of Belt and Road-related debt. But, as Malaysia has shown, some hard bargaining may also be in order.
Chinese President Xi Jinping hosts the Belt and Road Forum for International Cooperation in Beijing from April 25 to 27.
Chinese President Xi Jinping hosts the Belt and Road Forum for International Cooperation in Beijing from April 25 to 27.

China hopes a new framework will help stop countries piling up unsustainable levels of debt if they accept projects under its Belt and Road Initiative as it looks to head off accusations of “debt-trap diplomacy”.

¬ Haymarket Media Limited. All rights reserved.

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