‘Debt trap created not because of money from China’

BY SCMP AND SILVI WRITER Countries that fell into debt trap on major infrastructure projects financed by China didn’t have “good assessment” on financial terms and repayment requirements, said a railway expert, also a transport adviser to the World Bank. Andrea Giuricin, a visiting professor to the China Academy Railway Sciences, said China’s state-run construction companies are still lacking in project management expertise, despite of having … Continue reading ‘Debt trap created not because of money from China’