US, Japan, Australia tout its support of infrastructure projects as ‘transparent’ alternative to China’s ‘coercive debt financing’

Source: China – South China Morning PostOfficials from the US, Japan and Australia touted their joint efforts to support infrastructure projects in developing countries around the world as a transparent and non-predatory substitute to Chinese-funded projects, during a virtual think tank panel discussion on Thursday.“One alternative provides state-run, not very transparent, often coercive debt financing,” said David Marchick, chief operating officer at the US International Development Finance Corporation (DFC), referring to Beijing…Read More

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