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Debt-trap Diplomacy vs Gunboat Diplomacy.
An honorable member of the Coffee Shop Has Just Posted the Following:
China’s Creditor Imperialism Just as European imperial powers employed gunboat diplomacy, China is using sovereign debt to bend other states to its will. As Sri Lanka's handover of the strategic Hambantota port shows, states caught in debt bondage to the new imperial giant risk losing both natural assets and their very sovereignty.... Debt-trap Diplomacy vs Gunboat Diplomacy. Click here to view the whole thread at www.sammyboy.com. |
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