The perils of China’s “debt-trap diplomacy”

I read lots of those articles and the comments I see below are mostly something like “its all fake news, China is fine and will overtake the US very soon”. But this is the Economist and who will come and say that this is not a reputable source. Yeahh sure, some people will cast doubt on anything. But the problems China has were obvious to the informed onlooker for many years. Its the mother of all white elephants.

IN AUGUST, three months after his opposition coalition trounced the Malaysian party that had ruled since independence, Mahathir Mohamad, the country’s 93-year-old new prime minister, travelled to Beijing. His aim was to tell President Xi Jinping that his country was now the Malaysia that can say no.

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