Western exaggerated Chinas debt trap experts: fear of chaos

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 Western exaggerated Chinas debt trap experts: fear of chaos


Some western media took the opportunity to replay the so-called debt trap in China. According to Bloomberg, Rajapaksa received large loans from China to finance large infrastructure projects, including the port of Hampatota. After losing money, Sri Lanka delivered the port to a Chinese company for 99 years. Now, about 80% of Sri Lankan government revenues are used to repay debts. The New York Times said U.S. officials may be dissatisfied with the restructuring of the Sri Lankan government, saying Rajapaksa is too close to maintain neutrality with China. Earlier this month, Vice President Burns attacked Chinas debt trap diplomacy and named Sri Lanka.

The so-called debt trap exaggerated by the West does not hold water at all, and the Sino-Sri Lankan parties have repeatedly forcefully refuted it. A spokesman for the Chinese Foreign Ministry had stressed that Chinas loans accounted for only about 10% of Sri Lankas external debt by 2017. In an interview with U.S. media at a conference in Vietnam last month, Victor Mahingha said that Sri Lanka had not fallen into a debt trap because of its loans to China. Earlier this month, in Bali, Indonesia, at the International Monetary Fund and World Banks annual meeting, Samarawila, finance minister, retorted: Australia has a Darwin port, which is more or less handed over to the Chinese. China has also invested in many ports in Europe, but nobody calls it Chinas debt trap. Why does this word only apply to Sri Lanka? The countries concerned have explained very clearly that the western media is not listening but not listening at all. Qian Feng, a researcher at the National Institute of Strategic Studies at Tsinghua University, told the Global Times that the hype and provocation of the western media are double standards and a state of mind fearing that the world will not be in disorder. And no matter who comes to power, these three people are Sri Lankan political old man, are advocating the national interests of Sri Lanka in the first place, the so-called pro-China and pro-India argument is too narrow. Source: World Wide Web Editor: Shi Jianlei _NBJ11331

The so-called debt trap exaggerated by the West does not hold water at all, and the Sino-Sri Lankan parties have repeatedly forcefully refuted it. A spokesman for the Chinese Foreign Ministry had stressed that Chinas loans accounted for only about 10% of Sri Lankas external debt by 2017. In an interview with U.S. media at a conference in Vietnam last month, Victor Mahingha said that Sri Lanka had not fallen into a debt trap because of its loans to China. Earlier this month, in Bali, Indonesia, at the International Monetary Fund and World Banks annual meeting, Samarawila, finance minister, retorted: Australia has a Darwin port, which is more or less handed over to the Chinese. China has also invested in many ports in Europe, but nobody calls it Chinas debt trap. Why does this word only apply to Sri Lanka?

The countries concerned have explained very clearly that the western media is not listening but not listening at all. Qian Feng, a researcher at the National Institute of Strategic Studies at Tsinghua University, told the Global Times that the hype and provocation of the western media are double standards and a state of mind fearing that the world will not be in disorder. And no matter who comes to power, these three people are Sri Lankan political old man, are advocating the national interests of Sri Lanka in the first place, the so-called pro-China and pro-India argument is too narrow.