Cambodian deputy PM rejects ‘debt trap’ label for Belt and Road Initiative

Source: China – South China Morning PostA high-ranking Cambodian official said on Wednesday that China’s Belt and Road Initiative – an infrastructure-focused strategy to accelerate regional trade – has, contrary to claims that the plan creates a “debt trap” for struggling nations, supported his country’s economic development.
In a keynote speech delivered to an audience of hundreds at the Belt and Road Summit in Hong Kong, Deputy Prime Minister Sun Chanthol said the roads, airport, expressway and a future canal – projects funded by…Read More

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