The widely debunked Chinese debt trap narrative re-surfaced again in Washington, D.C. when the top U.S. military commander for Africa General Michael Langley testified before Congress — highlighting the urgent need for better information about Chinese lending practices in developing countries.
In the second of our two-part series this week examining China’s role in the burgeoning Global South debt crisis, Eric & Cobus are joined by Shang-Jin Wei, the N. T. Wang professor of Chinese business and economy at Columbia University, and Ishac Diwan, research director at the Finance Development Lab at the Paris School of Economics to discuss Beijing’s position in the ongoing negotiations over debt relief for the world’s poorest countries.
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