Maldives’ Foreign Minister Abdulla Shahid and Chinese Foreign Minister Wang Yi in Beijing. Photo: Xinhua
Beijing rubbishes fears that Maldives is ‘mired in a Chinese debt trap’
- The Maldives has been caught in a battle for influence between India and China, which invested millions during the rule of the previous pro-Beijing leader
- The new ruling Maldivian Democratic Party fears debts to Beijing could run as high as US$3 billion and risk sinking the economy
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Maldives
Maldives’ Foreign Minister Abdulla Shahid and Chinese Foreign Minister Wang Yi in Beijing. Photo: Xinhua