Article 4SX7N Experts dispel claims of China debt-trap diplomacy in Pacific but risks remain

Experts dispel claims of China debt-trap diplomacy in Pacific but risks remain

by
Ben Doherty
from on (#4SX7N)

Beijing should substantially reform its lending practices, Lowy Institute says

China has not engaged in deliberate "debt-trap diplomacy" in the Pacific, but the burgeoning scale of China's lending, and institutional weakness within Pacific states, pose clear risks for small states being overwhelmed by debt, a new report argues.

And an infrastructure arms race between China and other countries with interests in the region - including Australia - might only exacerbate the problem.

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