Maldives faces Chinese 'land grab' over unpayable debts, ex-leader warns

Political crisis worsens cash-strapped island nation's plight

0213N Maldives Nasheed

Former Maldivian President Mohamed Nasheed (Photo by Yuji Kuronuma)

YUJI KURONUMA, Nikkei staff writer

COLOMBO, Sri Lanka -- Massive debts threaten to force the Maldives to cede territory to China as early as 2019, former President Mohamed Nasheed said, warning that a flawed presidential election this year would lead to a Chinese takeover of the island nation.

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