User:YuLinB/Debt-trap diplomacy
From Wikipedia, the free encyclopedia
Debt-trap diplomacy[1] is a term introduced by Brahma Chellaney (Professor of Strategic Studies at the Centre for Policy Research) in 2017 to explain his analysis of China's One Belt, One Road Initiative or Belt and Road Initiative. Professor Chellaney describes his "debt-trap diplomacy" term as developing nations coming under China's influence when they are not able to pay back the substantial loans granted by China as part of its Belt and Road Initiative (BRI). Discussions associated with the term "debt-trap diplomacy" regarding China's BRI concept have been principally characterized as either reality or a myth[2][3][4][5].
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