News

Myanmar agrees smaller deal for China-backed port after 'debt-trap' concern

Myanmar on Thursday signed an agreement with China’s state-run CITIC Group to begin work on a deep-sea port in the west of the country, after negotiations that saw the initial phase of the project scaled back over fears of a “debt trap”. Myanmar Deputy Minister of ...

Chinese port project could land Myanmar in debt trap

The Myanmar town of Kyaukpyu, nestled around a small fishing port on the Bay of Bengal, has the air of a place expecting to get rich soon. In the market, stalls of seafood unloaded from wooden fishing boats have been joined by stacks of Chinese-made ...

ADB chief warns of Belt and Road debt trap

The head of the Asian Development Bank on Thursday warned countries against unsustainable borrowing to fund infrastructure projects, which could leave them stuck in a debt trap. Keep reading ...

China's debt-trap diplomacy: Inquirer columnist

This is not the kind of invasion that Supreme Court Senior Associate Justice Antonio Carpio warns about, but a subtle and insidious mode of conquest that could undermine Philippine sovereignty in the long term. In fact, with the way Foreign Secretary Alan Peter Cayetano is defending ...

Alito L. Malinao

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