Maldives Seeks Help from India, U.S. to Escape Chinese Debt

The new president of the Maldives, Ibrahim Mohamed Solih, campaigned on criticism of his predecessor’s appetite for Chinese loans and investment. Solih signaled a strong desire to realign his country toward India and seek help from the India-U.S. alliance to relieve the burden of Chinese debt.

Opposition candidate confirmed Maldives president-elect

North Korean Media Tout China’s ‘Belt and Road’

South Korea’s Yonhap News on Monday noticed North Korea’s state-run newspaper Rodong Sinmun lavishing extraordinary praise on China’s ‘Belt and Road’ initiative, an international infrastructure program China has invested a great deal of pride and money in.

N. Koreans visit Beijing to learn about China's reforms: ministry

China Gives South Africa $25 Billion in Stimulus Loans

The government of South Africa announced on Friday that President Cyril Ramaphosa secured another $10 billion in Chinese loans during his trip to Beijing last week, bring South Africa’s total economic stimulus and infrastructure financing from China up to $25 billion.

Cyril Ramaphosa (Lintao Zhang / Getty)

Kenya Drowning in Chinese Debt but President Kenyatta Wants More

China’s debt colonization of Africa is well underway, as one African nation after another takes out gigantic loans from Chinese banks to build infrastructure projects that appear financially unsustainable. Kenya is one of the most heavily indebted countries, but President Uhuru Kenyatta is on his way to Beijing for a summit at which he will reaffirm his commitment to the Belt and Road initiative.

Trump to host Kenyan leader Kenyatta at White House on Aug 27

China’s Debt Imperialism Behind Montenegro’s ‘Highway to Nowhere’

Chinese companies are hard at work on building a road through the mountains to connect Montenegro’s port city of Bar with Serbia. The project is incredibly expensive, leaving Montenegro struggling to pay off titanic debt to Chinese financiers. Critics call it another example of Chinese debt imperialism: the slow-motion conquest of smaller countries through the “Belt and Road” infrastructure initiative by suckering them into taking loans from Beijing they will never be able to repay.

PODGORICA (Reuters) - Perched atop massive cement pillars that tower above Montenegro’s picturesque Moraca river canyon, scores of Chinese workers are building a state-of-the-art highway through some of the roughest terrain in southern Europe.

China Invites Japan to Take Bigger Role in One Belt, One Road Plan

China’s state-run Global Times expressed delight on Sunday with Japan’s growing participation in the “Belt and Road” infrastructure project, through which China hopes to extend economic and political influence from Asia through the Middle East and Europe. The editorial signaled that if the Japanese play ball with Belt and Road, Beijing might even stop referring to them as history’s greatest monsters.

China FM visits Japan for talks on N. Korea, regional issues