Bangladesh Worries Falling Under Chinese Debt Trap Like Sri Lanka; Check Out Story Here!
The kind of economic crisis Sri Lanka is facing has raised concerns in Bangladesh as well. The common thing in Sri Lanka and Bangladesh is that both countries have taken loans from China. It is also one of the reasons behind the trouble Sri Lanka is in, its entanglement in the debt trap. China also has a large share of the total foreign debt on it. In view of the fears being expressed in Bangladesh's media and social media that a situation like Sri Lanka will arise here too, China has to issue an explanation. Dhaka based Chinese Ambassador Li Jiming spoke to reporters on Wednesday. During this, he made it clear that Bangladesh is not in any kind of debt trap. Earlier, the Chinese Ambassador met Bangladesh Foreign Minister AK Abdul Momin. This activism of the Chinese ambassador is bei...
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