Minxin Pei is professor of government at Claremont McKenna College and a nonresident senior fellow of the German Marshall Fund of the United States.
Opinion
China can turn debt trap of its own making into historic opportunity
Beijing should cut its losses and focus on salvaging its reputation
Xi Jinping during the welcome banquet of the Belt and Road Forum in Beijing in April 2019: China has few good options to climb out of the hole it has dug for itself. © Reuters
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