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China's "Debt-Trap" Lie
7 months ago
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In a run-up to an episode about BRICS, this episode covers a commonly told lie about China lending money to emerging countries then seizing assets when they default on the predatory loan. The most cited example is a port built in Sri Lanka, but none of the facts support the debt-trap lie narrative.
References:
How China Entraps Poorer Countries In A Never-ending Debt | Explained - https://youtu.be/d9dn5WwF8bA?si=zU1AoZ5FIheUesdB
Debunking the Myth of ‘Debt-trap Diplomacy’ - https://www.chathamhouse.org/2020/08/debunking-myth-debt-trap-diplomacy/4-sri-lanka-and-bri
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