Today we have a seminar debate at Oslo University, the title is “Loans from China: Debt-trap diplomacy or necessary development financing?” Many think China’s loans, which might have debt-trap for poor countries. Most of the Chinese loans are providing to former countries the stronghold of western countries for several decades. But China succeeds to take over the position of western countries’ playground through her “BRI (Belt Road Initiatives) and OBOR (One Belt One Road)”.
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