The myth of China's 'debt trap' diplomacy

Biden presidency likely to ease US-China acrimony over infrastructure

20201124 Xi Jinping Piraeus.JPG

Chinese President Xi Jinping and Greek Prime Minister Kyriakos Mitsotakis visit the container terminal of Cosco in Piraeus in November 2019: has there ever really been such a thing as Chinese debt trap diplomacy? © Reuters

Anthony Rowley is author of "Foundations of the Future -- the Global Battle for Infrastructure."

In what Donald Trump might call a case of "fake news," China has often been accused of using "debt trap" diplomacy to lure developing nations into borrowing more than they can afford to finance infrastructure projects and then seizing strategic assets as loan collateral.

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