By Channel NewsAsia
From the article:
NUSA DUA, Bali: China's massive "Belt and Road Initiative" building push may create debt risks but is also responding to major infrastructure gaps in Asia and could boost global trade, World Bank officials say.
The relatively upbeat assessment of a sometimes controversial programme comes despite the debt crisis now faced by Pakistan, a recipient of massive Chinese loans.
...
The Centre for Global Development, a think-tank, says BRI investments have "significantly" increased the risk of debt crises in eight countries: Mongolia, Laos, Maldives, Montenegro, Pakistan, Djibouti, Tajikistan and Kyrgyzstan.
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