China’s Debt Trap Diplomacy And BRI Project: How China Is Leveraging Debt As A Strategic Weapon For Smaller Nations
Wednesday, 8 November 2023 The financial China leverages, is seen in the context of China's Belt and Road Initiative, often raising concerns of debt trap diplomacy.
Sri Lanka fell into a debt trap with China's $1.26 billion loan for the Hambantota Port in 2007, leading to China's control of the port in 2017. In response, the U.S. plans a $553 million investment in Sri Lanka's Colombo port, countering China's influence. The U.S., along with India's major port...
Rodrigo Duterte advocated for pro-China policies. However, Ferdinand Marcos Jr.'s presidency brought a shift, aiding the U.S. against China's influence. Biden's engagement with Marcos marks a strategic..
Sri Lanka anticipates significant relief from its economic turmoil. Reports indicate a pending debt-restructuring agreement with creditor nations, pivotal amid the country's $36.6 billion external..
White House Says , Biden's Meeting With Xi , Was Largely Successful.
White House Says , Biden's Meeting With Xi , Was Largely Successful.
On November 15, United States President Joe Biden met
face..
Credit: Wibbitz Top Stories Duration: 01:31Published
Wednesday, 8 November 2023
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