Finance Minister Liu Kun presents a new debt sustainability framework for China’s belt and road scheme. Photo: Reuters

China seeks to allay belt and road ‘debt trap’ concerns with standard for assessing financial risk

  • Document is based on similar measures used by the World Bank and International Monetary Fund, Finance Minister Liu Kun says
  • Countries will be classed as low, medium or high risk, document says
Topic |   Belt and Road Initiative

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Finance Minister Liu Kun presents a new debt sustainability framework for China’s belt and road scheme. Photo: Reuters
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Chinese paramilitary police officers march past a Belt and Road Forum display at Beijing International Airport. Photo: EPA-EFE

China aims to address ‘debt trap’ criticism at second Belt and Road Forum

  • Beijing seeks to resolve growing concerns about its global infrastructure push in a communique that 37 world leaders will consider on Saturday
  • Greater emphasis said to be placed on projects’ financial and environmental sustainability
Topic |   Belt and Road: 2019 Forum

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Chinese paramilitary police officers march past a Belt and Road Forum display at Beijing International Airport. Photo: EPA-EFE
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