“I personally also worry that the Taiwan model of foreign aid will be gradually replaced by the ‘China model,’ which represents corruption, deception, and debt traps.”

But within a few years, China’s foreign “partners” found themselves losing their sovereignty through debt traps that transferred ownership of resources, assets, and infrastructure to China.

However, while BRI potentially brings a few tangible benefits to the country of investment, it undoubtedly transforms many recipient countries into vassals of China through the use of "debt-trap diplomacy" to expand its influence.

Xi's Belt and Road Initiative creates debt traps for developing countries that accept the communists' gifts/loans. The PLA regularly intimidates neighboring countries, including Japan, the Philippines, Australia, Vietnam, and South Korea.

The BRI has been called a “debt trap” because of Beijing’s predatory lending practices, which leave these countries vulnerable to China’s aggressive influence campaigns.

Xi envisions communist China as the world’s economic superpower, with his personal prestige tightly intertwined with the success of the nearly $1 trillion Belt and Road Initiative (BRI) that, so far, involves debt-trap investment in 138 countries around

International observers, however, have called the Belt and Road Initiative (BRI, also called One Belt One Road) a debt trap, which causes countries to lose some of their autonomy and control of their infrastructure, while increasing their indebtedness

This type of debt-trap diplomacy has won China the allegiance of Cambodia, Pakistan, Burma, North Korea, and soon, Afghanistan, among other nations.

China holds about 62.1 percent of Africa’s debt, which could lead to debt-trap diplomacy.

This includes Chinese efforts to control international trade, leverage China’s export economy and supply chain dominance, exploit debt trap diplomacy as a means of geopolitical coercion, demonstrate Chinese leadership and know-how, and so forth.

There is a backlash against the BRI as several developing nations have called it a "debt-trap," meaning once a country is unable to repay the loan, the ownership of the project reverts to the Chinese regime.

Meanwhile, China's BRI has been accused of setting debt traps for participating countries and encroachment on sovereignty, and has encountered strong pushback. For example, Australia recently terminated its BRI deal with China. Li Linyi, a U.S.

The take-over of ports, setting of debt-traps, ingratiation with politicians, infiltration of universities and societal institutions, together with strategic buy-ups of land and essential services—in multiple countries—is all done by design.

But critics say Chinese loans can lead countries into a "debt trap," and Taiwan has said China has dangled huge aid packages in front of countries to get them to switch over to Beijing. By Ben Blanchard

It has been particularly concerned about how the BRI is a “debt trap” for many emerging countries. Rubio, in the letter, said that BRI “is designed to undermine America’s global economic influence and reduce American companies' presence abroad.”

This tactic, know as debt trap diplomacy, has been used across the world [by China],” the report states.

The BRI has attracted controversy over concerns Beijing is using the program to expand its influence via “debt-trap diplomacy” that mainly targets developing nations.

So it's official UN policy that that must be promoted at all times, no matter how much of a debt trap it turns out to be. And another 10 million to whatever the Secretary General feels like spending that money on.

A debt trap is often used by the Chinese Communist Party to obtain access to critical resources and strategic transportation hubs.

Through its Belt and Road Initiative, the Chinese communist regime has offered unsustainable predatory loans to developing countries—like Samoa—for infrastructure projects, which critics have warned is not just a "debt trap" but potentially a security

traps.”

trap.

Through OBOR, the Chinese regime has been accused by critics of putting developing countries into a “debt trap” by offering unsustainable loans, while exploiting their natural resources like timber, crude oil, and minerals to drive the Chinese economy

OBOR has drawn criticism for being a “debt trap policy” for its opaque terms, and saddling developing countries with heavy debt burdens that they may not be able to repay.

If consumers are responsible with household debt, there is no problem, but we all know excessive debt limits financial freedom and traps people in a cycle of never-ending monthly payments.

To compensate for that, Canada is willing to increase its deficit and debt in order to sustain dying businesses trapped within an outdated regulatory environment.

Xi departed Kuala Lumpur on April 17 for Cambodia, with the Malaysian king affirming support for Beijing’s Belt and Road Initiative—the China-led infrastructure project critics have said can trap participating countries in debt—and other collaborations

While Beijing’s aggressive debt-trap scheme tempted nations into participating in the BRI, the word was out about the scam. But the CCP virus pandemic gave Beijing the opportunity to turn that around.

(Mark Schiefelbein, Pool/AP Photo) Panama severed its ties with Taiwan in 2017 and months later signed onto the Belt and Road Initiative, the Chinese regime’s global infrastructure project that critics said has trapped poor countries in debt.

The continued coercion and exploitation of countries caught in China’s Belt and Road Initiative debt trap. Chinese Coast Guard intimidation of Philippine resupply ships near Second Thomas Shoal.