The IMF Is Worried China’s BRI Is A Debt Trap For Borrowing Countries – But Is That A Hypocritical Stance? – Analysis

The BRI has left countries drowning in huge debts, the IMF’s numerous lending programs for developing countries create those same “debt traps”.

Over the years, China has cemented itself as a vital player in the Asia-Pacic and made giant strides in the world arena. Through its Belt and Road Initiative (BRI), also known...