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The Diplomat: The Chinese Muslim Diaspora in Mecca: Lessons for the BRI in the Middle East
July 5, 2021
From the article:
Nevertheless, China’s ambition to be the center of the global trade system is already creating friction with its partners. For instance, the BRI has been criticized for skyrocketing debts. According to the Center for Global Development, eight BRI recipient countries – Djibouti, Kyrgyzstan, Laos, the Maldives, Mongolia, Montenegro, Pakistan, and Tajikistan – are at high risk of debt distress. Sri Lanka also leased its Hambantota port to China in 2017 after it was no longer able to repay loans to the Chinese lender. The Hungarian government has recently met with public protest resisting the plan to open a campus for Fudan University – a Chinese university – in Budapest.