debt trap
US will donate COVID-19 vaccine to pacific island nations with no stings attached: President Joe Biden
In a recorded message on Friday, U.S. President Joe Biden told a forum of Pacific island leaders, the United States would donate COVID-19 vaccines without strings attached. The development comes in the wake of China becoming an increasingly more assertive… Read More ›
Samoa’s Prime Minister Fiame Naomi Mataafa scraos China funded port project
In a significant development, Samoa’s new Prime Minister Fiame Naomi Mataafa said, she will not go ahead with a China-backed port project, indicating that she would only back investments which have clear benefits for her country. She noted that Chinese… Read More ›
G7 agrees to coordinate approach on China more closely
Following the G7 summit in Britain, Canadian Prime Minister Justin Trudeau said, leaders of the Group of Seven agreed to coordinate more closely in their response to the challenges posed by China. The approach of G7 countries towards China will… Read More ›
Majority of Southeast Asian economies wary of China’s Belt and Road Initiative
Here is a summary of the results of a survey conducted by the ISEAS-Yusof Ishak Institute which is affiliated with Singapore’s government. As per the results of a policy survey by the ISEAS-Yusof Ishak Institute which is affiliated with Singapore’s… Read More ›
Myanmar scales back Kyauk Pyu deepwater port fearing debt trap
Myanmar seems to have learned the lessons of China-back projects in Sri Lanka and Pakistan. Avoids walking into a debt trap. According to a top government official from Myanmar, the government is scaling back plans for a port project funded… Read More ›
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