'Think twice...': Bangladesh slams China's 'debt-trap diplomacy', urges caution on Chinese loans

Bangladesh’s finance minister Mustafa Kamal has warned that developing nations must 'think twice' about taking more loans through China's Belt and Road Initiative. He said 'Beijing's poor lending decisions' are pushing already indebted nations into economic distress. Highlighting Sri Lanka's crisis, the Bangladesh Finance Minister said that China must follow a more robust process for evaluating its loans.

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