Rachel Strohm

1125 days ago

Our research shows that Chinese banks are willing to restructure the terms of existing loans and have never actually seized an asset from any country, much less the port of Hambantota. A Chinese company’s acquisition of a majority stake in the port was a cautionary tale, but it’s not the one we’ve often heard. With a new administration in Washington, the truth about the widely, perhaps willfully, misunderstood case of Hambantota Port is long overdue.

The Chinese ‘Debt Trap’ Is a Myth

theatlantic.com

The narrative wrongfully portrays both Beijing and the developing countries it deals with.