Debt-trap diplomacy: Difference between revisions - Wikipedia

Tag: Reverted

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{{Further|China–Maldives relations}}

[[People's Majlis]] (the Maldives parliament) speaker and former president [[Mohamed Nasheed]] said in December 2019 that the Maldives owed China $3.5&nbsp;billion in loans, which included $1.5&nbsp;billion in government-to-government loans, private loans, and sovereign guarantees. Nasheed said that the Chinese debt trap was an economic and human-rights issue, and an issue of sovereignty and freedom of the island nation.<ref>{{cite news |date=15 December 2019 |title=Nasheed reignites 'debt trap' row with Chinese ambassador |url=https://maldivesindependent.com/politics/nasheed-reignites-debt-trap-row-with-chinese-ambassador-149679 |newspaper=Maldives Independent}}</ref><ref>{{cite news |last=Dixit |first=Rekha |date=13 December 2019 |title=Chinese debt trap not just an economic issue: Maldives speaker Nasheed |newspaper=[[The Week (Indian magazine)|The Week]] |url=https://www.theweek.in/news/world/2019/12/13/Chinese-debt-trap-not-just-an-economic-issue-Maldives-speaker-Nasheed.html}}</ref> Nasheed has also said that project costs were inflated, and the debt on paper is far greater than the $1.1&nbsp;billion actually received.<ref name="BBC1">{{cite news |last=Ethirajan |first=Anbarasan |date=17 September 2020 |title=China debt dogs Maldives' 'bridge to prosperity' |work=[[BBC News]] |publisher= |url=https://www.bbc.com/news/world-asia-52743072}}</ref>

=== Nepal ===

{{Further|China–Nepal relations}}

Critics have described Nepal's [[Pokhara Airport]], one of the country's signature BRI projects, as a debt trap.<ref>{{Cite news |date=2023-10-18 |title=How expensive Pokhara airport could become another China-funded debt trap for Nepal |work=[[The Economic Times]] |url=https://economictimes.indiatimes.com/news/international/world-news/how-expensive-pokhara-airport-could-become-another-china-funded-debt-trap-for-nepal/articleshow/104522372.cms |access-date=2023-10-19 |issn=0013-0389}}</ref><ref>{{Cite news |date=October 16, 2023 |title=How Nepal’s Deal With China for an Airport Became an Albatross |work=[[The New York Times]] |url=https://www.nytimes.com/2023/10/16/business/nepal-pokhara-airport-china.html |access-date=October 19, 2023}}</ref>

=== Laos ===