Discover and read the best of Twitter Threads about #DebtTrapDiplomacy
Most recents (1)
A thread on my @ChathamHouse research report coauthored with @ShaharHameiri:
"Debunking the Myth of ‘Debt-trap Diplomacy’: How Recipient Countries Shape China’s Belt and Road Initiative."
It contains detailed case studies of #Malaysia & #SriLanka.
chathamhouse.org/publication/de…
1/23
"Debunking the Myth of ‘Debt-trap Diplomacy’: How Recipient Countries Shape China’s Belt and Road Initiative."
It contains detailed case studies of #Malaysia & #SriLanka.
chathamhouse.org/publication/de…
1/23
This report takes on a view propagated by think tanks and senior Western policymakers: that China's #BeltandRoad Initiative involves "debt trap diplomacy": deliberately luring developing countries into contracting unsustainable debt to finance infrastructure projects.
2/23
2/23
The idea being that, when these countries fall into debt distress, China can grab the infrastructure for itself, extending its geostrategic reach (e.g. more port bases for its navy), or otherwise exerting influence. US Sec of State Tillerson called it "predatory economics".
3/23
3/23
