The scale of Beijing’s ambition, coupled with the difficulties of managing big infrastructure projects in developing economies that are often corrupt or politically unstable, has led to reputation-sapping difficulties – for example over Sri Lanka’s Hambantota port. Photo: Xinhua
Opinion
Opinion
Inside Out
The myth of China’s ‘debt-trap’ diplomacy must be put to bed once and for all
- The Belt and Road Initiative stems from China’s recognition of its own strategic vulnerability, rather than being aimed at global hegemony
- Yet the difficulties of managing big infrastructure projects provided traction for the Trump administration’s ‘battle against evil’ narrative
The scale of Beijing’s ambition, coupled with the difficulties of managing big infrastructure projects in developing economies that are often corrupt or politically unstable, has led to reputation-sapping difficulties – for example over Sri Lanka’s Hambantota port. Photo: Xinhua
