Chinese debt crisis: After Sri Lanka, Venezuela the next target of China’s debt-trap diplomacy?

Debt-trap diplomacy is one of the significant hallmarks of China’s foreign policy. Over the turn of the century, as Beijing’s economic clout began to expand inexorably, China started saddling borrowing nations with enormous debts so as to increase its leverage over them. After Pakistan and Sri Lanka, Venezuela appears to be the latest in the list of nations staggering under the shadow of China’s crippling debts. Full Text ->OPIndia

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