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But will China be more successful than USA? Cc @IMFNews @WorldBank
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RT @CPR_India
"By extending huge loans with strings attached to financially vulnerable states, the #BRI has boosted #China’s political leverage over debtor states, ensnaring some in sovereignty-eroding debt traps": @Chellaney writes.

#debttrapdiplomacy https://cepa.org/chinas-trojan-gift-creditor-imperialism/
https://twitter.com/CPR_India/status/1477180289680093184

China’s Trojan Gift: Creditor Imperialism | CEPA

We are witnessing the end of China’s happy days when a positive image and almost unlimited capital helped its push for global influence and assets.

CEPA