Cambodian deputy PM rejects ‘debt trap’ label for Belt and Road Initiative


A high-ranking Cambodian official said on Wednesday that China’s Belt and Road Initiative – an infrastructure-focused strategy to accelerate regional trade – has, contrary to claims that the plan creates a “debt trap” for struggling nations, supported his country’s economic development.

In a keynote speech delivered to an audience of hundreds at the Belt and Road Summit in Hong Kong, Deputy Prime Minister Sun Chanthol said the roads, airport, expressway and a future canal – projects funded by China under the auspices of the initiative – have been a boon to the people of Cambodia.

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SCMP , China , Cambodia

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