Is China using debt-trap diplomacy to wield its influence around the world? | ABC News

China is pumping billions into developing countries around the world to help fund and build major infrastructure projects. President Xi Jinping flagship economic policy, the ‘One Belt One Road’, initiative is billed as a transformative global trade network with China at its centre that Beijing says will bring prosperity to developing nations. But is China’s use of concessional loans leaving some countries overwhelmed by debt – and is their sovereignty at risk when they’re unable to pay it back?

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