BEGIN:VCALENDAR VERSION:2.0 METHOD:PUBLISH PRODID:-//ASIA GLOBAL INSTITUTE//Event//EN BEGIN:VEVENT DTSTART:20210323T090000 DTEND:20210323T100000 SUMMARY:China and Debt-Trap Diplomacy: Fact or Fiction? DESCRIPTION:

“Debt-trap diplomacy” has been used to describe China’s internationalization efforts such as the Belt and Road Initiative (BRI) that allegedly force borrowers into ceding state sovereignty over strategic assets in exchange for the funding and development of infrastructure projects. Professor Deborah Bräutigam of Johns Hopkins University will examine case studies of Chinese infrastructure loans including the Mombasa Port Standard Gauge Railway in Kenya (linked to Mombasa Port) and the Port of Hambantota in Sri Lanka and present her findings that dispel the myth of “debt-trap diplomacy” as not only an inaccurate assessment but an unhelpful distraction from (1) the very real challenges of global cooperation to manage default risks in debtor economies; and (2) the large opportunities for China-OECD-developing country business engagement. She will conclude with policy recommendations for China, debtor economies and the global community.

UID:129 STATUS:CONFIRMED LOCATION: END:VEVENT END:VCALENDAR