Source: South China Morning PostChina’s lending for a highway project in Montenegro is not to blame for the Balkan country’s debt problems, the Chinese embassy in Podgorica said on Wednesday, after the European Union said it had rejected the prospective member state’s appeals for a bailout.“Montenegro has taken out a loan of US$944 million from China for the construction of the [Bar-Boljare] motorway, which is less than a quarter of Montenegro’s total debt, and the interest rate on the Chinese loan is only 2 per cent, which…Read More