Has Nepal Fallen Prey To China’s Debt-Trap Diplomacy Under BRI Projects Akin To Sri Lanka?

With an eye to expanding Beijing’s influence in the Himalayan region, experts say that China has allegedly entrapped Nepal in the garb of infrastructure development to promise trade under the ambit of cheap loans. Subsequently, the question arises whether Xi Jinping comes to the rescue of small and poor nations, such as Sri Lanka and Nepal, to boost its debt-trap diplomacy by luring these countries with cheap China-sourced projects. Read More…