This article first appeared in Forum, The Edge Malaysia Weekly, on April 18, 2022 – April 24, 2022. – A + A As China increases lending to other developing countries, charges that these loans lead to a "debt trap" are growing quickly. As it greatly augments financing for development while other sources continue to decline, condemnation of China's loans is being weaponised in the new Cold War. Debt-trap diplomacy? The catchy term "debt-trap diplomacy" was coined by Indian geo-strategist Brahma Chellaney in 2017. According to him, China lends to extract economic or political concessions when a debtor country is unable…
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