October 18, 2018
By James Kynge
From the article:
The story of two ports oceans apart captures the conflicting narratives of the Belt and Road Initiative, China’s scheme to finance and build infrastructure in more than 80 countries.
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The risk of debt distress is rising in 23 countries with BRI funding, according to a study by the Centre for Global Development. Eight of these countries — Pakistan, Djibouti, Maldives, Laos, Mongolia, Montenegro, Tajikistan and Kyrgyzstan — already have unsustainable levels of sovereign debt.
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