Wednesday, August 1, 2018

Djibouti, China, and Debt

Foreign Policy published on 31 July 2018 an article titled "Will Djibouti Become Latest Country to Fall into China's Debt Trap?" by Amy Cheng.

According to the IMF, Djibouti is at high risk of debt distress. This article notes that China holds most of Djibouti's debt and asks if it may one day be forced to pay the debt by handing over some key assets to China.

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