ADB chief warns of Belt and Road debt trap

Nakao urges countries to carefully weigh viability of China-backed projects

20180504_belt and road kenya

Kenya Railways attendants receive a train launched to operate on the Standard Gauge Railway line constructed by the China Road and Bridge Corporation and financed by Chinese government in Nairobi, Kenya.

MIKHAIL FLORES, Nikkei staff writer

MANILA -- The head of the Asian Development Bank on Thursday warned countries against unsustainable borrowing to fund infrastructure projects, which could leave them stuck in a debt trap.

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