Warning sounded over China's 'debtbook diplomacy'

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Academics identify 16 countries loaned billions that they can’t afford to repay

China’s “debtbook diplomacy” uses strategic debts to gain political leverage with economically vulnerable countries across the Asia-Pacific region, the US state department has been warned in an independent report.

The academic report, from graduate students of the Harvard Kennedy school of policy analysis, was independently prepared for the state department to view and assessed the impact of China’s strategy on the influence of the US in the region.

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Source: china
Link : Warning sounded over China’s ‘debtbook diplomacy’

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