Wednesday, 7 March 2018

China's debt-trap diplomacy reaches the Philippines, which is likely to accept Chinese loans 1,100% more expensive than other options. Loan is part of a diplomacy in which China targets infrastructure projects in poorer countries, as it has done to establish its global Belt and Road initiative.

  WaQas DaDDo       Wednesday, 7 March 2018

http://ift.tt/2Hfde61 via /r/worldnews http://ift.tt/2Hdkm2Q
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Thanks for reading China's debt-trap diplomacy reaches the Philippines, which is likely to accept Chinese loans 1,100% more expensive than other options. Loan is part of a diplomacy in which China targets infrastructure projects in poorer countries, as it has done to establish its global Belt and Road initiative.

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